State Savings Bank: SBA loans in this registry
3companies
3loans
$3.1Mtotal approved
$1.0Maverage loan
About this lender
- Type
- Bank
- Headquarters
- Frankfort, MI
- FDIC certificate number
- 8162
- Acquisition loans (7(a))
- 1 loan, $708K total, $708K average
- Expansion loans (504, SBA portion)
- 2 loans, $2.4M total, $1.2M average
- Approval dates
- Aug 1, 2024 to May 22, 2026
- Typical term (median)
- acquisition loans: 10 years; expansion loans: 25 years
- Initial interest rate (7(a))
- 7.5% to 7.5%, median 7.50%
- Rate type (7(a))
- 100% variable, 0% fixed
Top industries
- Offices of Real Estate Agents and Brokers: 1 loan
- Drinking Places (Alcoholic Beverages): 1 loan
- General Freight Trucking, Long-Distance, Truckload: 1 loan
Top states
Largest deals
- AAA+E Truck Shop, LLC, Bondurant, IA: $1,291,000 (504 SBA portion, Aug 1, 2024)
- 124 Division, LLC, Traverse City, MI: $1,067,000 (504 SBA portion, May 22, 2026)
- The Dirt Investments, LLC, Glen Arbor, MI: $708,400 (7(a) acquisition, Mar 26, 2025)
Lender details come from the SBA loan files. Counts cover loans on this site only.
Companies
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| Company | Location | Industry | Type | Latest approval | Approved |
|---|---|---|---|---|---|
| 124 Division, LLC | Traverse City, MI | Offices of Real Estate Agents and Brokers | Expansion | May 22, 2026 | $1.1M |
| The Dirt Investments, LLC | Glen Arbor, MI | Drinking Places (Alcoholic Beverages) | Acquisition | Mar 26, 2025 | $708K |
| AAA+E Truck Shop, LLC | Bondurant, IA | General Freight Trucking, Long-Distance, Truckload | Expansion | Aug 1, 2024 | $1.3M |