Eastern Michigan Bank

Croswell, MI7(a) lenderNo approvals since FY2021Top sector: Limited-Service Restaurants

Loans approved

FY1991–FY2021

Dollars approved

$12.7M

$675K since FY2021

Average loan

$384K

$675K recently

Charge-off rate

2.6%

by dollars · 9.1% by count

Approvals over time

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Loan count by NAICS industry, whole record. Each row opens that industry’s profile, where this lender is ranked against everyone else writing it.

Share is of this lender’s entire book, so the 1 states shown need not sum to 100%. Together they account for 100% of its lending.

Rank by recent volume#1566 of 2321

First approvalFY1991

Latest approvalFY2021

States lent into1

Too few recent 7(a) loans to quote a rate. Rates cluster on round numbers, so a median off a handful of loans reads as precise and is not.

7(a) · 100% (33)504 · 0% (0)

Split by loan count.

7(a) $12.7M504 $0

This lender2.6%

Both programs, all lenders4.6%

Charged-off dollars over dollars approved. By loan count this lender is at 9.1%; the two measures diverge when a book is weighted toward small loans.

For banks

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