SBA Lending in Traverse City, Michigan
The SBA FOIA record lists 1,126 7(a) approvals worth $321M for businesses in Traverse City, MI, and annual volume has fallen 35% versus the prior decade.
- 1,126
- 7(a) loans
- $321M
- Approved dollars
- $285,119
- Average loan size
- #3
- Rank in Michigan
- -35%
- Annualized vs prior decade
- 6.0%
- Active-status distress
Traverse City is the #3 SBA 7(a) market in Michigan and #164 in the country. Since 1991 the FOIA record lists 1,126 approvals here worth $321M, averaging $285,119 each. Annual approval volume has fallen 35% between FY2013-2019 and FY2020-2026. Among 151 active-status loans, 6.0% are delinquent, past due, or in liquidation. The local business type with the most listed records is full-service restaurants.
What Traverse City borrows for
Who lends in Traverse City
Open the national map, drill into Michigan, and compare Traverse City 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.