SBA Lending in Grand Rapids, Michigan
The SBA FOIA record lists 2,771 7(a) approvals worth $744M for businesses in Grand Rapids, MI, and annual volume has fallen 16% versus the prior decade.
- 2,771
- 7(a) loans
- $744M
- Approved dollars
- $268,459
- Average loan size
- #1
- Rank in Michigan
- -16%
- Annualized vs prior decade
- 5.8%
- Active-status distress
Grand Rapids is the #1 SBA 7(a) market in Michigan and #53 in the country. Since 1991 the FOIA record lists 2,771 approvals here worth $744M, averaging $268,459 each. Annual approval volume has fallen 16% between FY2013-2019 and FY2020-2026. Among 588 active-status loans, 5.8% are delinquent, past due, or in liquidation. The local business type with the most listed records is general freight trucking, long-distance, truckload.
What Grand Rapids borrows for
Who lends in Grand Rapids
Open the national map, drill into Michigan, and compare Grand Rapids against every zip code in the state.
Open the interactive map ↗7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Active-status distress counts DELINQ, PSTDUE, or LIQUID loans as a share of CURR, DELINQ, PSTDUE, LIQUID, or DEFERD loans. Approval is not funding. FOIA record as of March 31, 2026. Methodology.