STRONG
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
109
2010–2025
Total Volume
$58M
Gross loan amounts
States Active
2
With recorded loans
Programs
7(a) & 504
109 total segments
Grand River Bank has a strong focus on 504 loans, with 58% of their total deals in this category. This makes them an excellent choice for borrowers needing real estate financing.
The average spread for their 7(a) loans is P+1.28%, which is significantly lower than the national median of P+2.75%. This indicates competitive pricing for borrowers.
With a year-over-year decline of 14% in deal volume, Grand River Bank may be tightening their lending criteria, making it potentially more challenging for new borrowers to secure loans.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 63 504 loans, which use fixed SBA debenture rates.
States where GRAND RIVER BANK has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Auto Repair & Maintenance
Other Services
Finance & Insurance
Finance & Insurance
Restaurants & Food Service
Accommodation & Food Services
Physician & Dental Offices
Health Care & Social Assistance
Transportation & Warehousing
Transportation & Warehousing
Real Estate
Real Estate
+ 7 more
All recorded SBA lending activity for GRAND RIVER BANK, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Michigan · Other Repair & Services · Under $150K | 7(a) | 4 | P+2.25% | $58K | Q2 2016 |
| Michigan · Manufacturing · $150K – $350K | 7(a) | 4 | P+1.50% | $277K | Q4 2022 |
| Michigan · Manufacturing · Under $150K | 7(a) | 4 | P+1.75% | $105K | Q4 2017 |
| Michigan · Auto Repair & Maintenance · $350K – $500K | 504 | 3 | — | $431K | Q4 2021 |
| Michigan · Other Health Practitioners · Under $150K | 7(a) | 3 | P+2.50% | $75K | Q3 2021 |
| Michigan · Transportation & Warehousing · $500K – $1M | 504 | 3 | — | $815K | Q2 2025 |
| Michigan · Management & IT Consulting · Under $150K | 7(a) | 3 | P+2.25% | $106K | Q3 2015 |
| Michigan · Finance & Insurance · $150K – $350K | 504 | 3 | — | $299K | Q4 2024 |
| Michigan · Physician & Dental Offices · $500K – $1M | 504 | 3 | — | $687K | Q2 2019 |
| Michigan · Other Professional Services · Under $150K | 504 | 2 | — | $116K | Q1 2016 |
| Michigan · Auto Repair & Maintenance · $150K – $350K | 504 | 2 | — | $333K | Q2 2017 |
| Michigan · Wholesale Trade · $150K – $350K | 504 | 2 | — | $276K | Q2 2021 |
| Michigan · General Merchandise · $150K – $350K | 504 | 2 | — | $182K | Q2 2015 |
| Michigan · Social Assistance · $500K – $1M | 504 | 2 | — | $699K | Q4 2012 |
| Michigan · Manufacturing · $1M – $2M | 504 | 2 | — | $1.3M | Q1 2020 |
| Michigan · Specialty Trade Contractors · $150K – $350K | 504 | 2 | — | $304K | Q4 2019 |
| Michigan · Manufacturing · $500K – $1M | 504 | 2 | — | $767K | Q3 2021 |
| Michigan · Real Estate · $500K – $1M | 504 | 2 | — | $766K | Q2 2023 |
| Michigan · Hotels & Accommodation · $1M – $2M | 504 | 2 | — | $1.5M | Q1 2017 |
| Michigan · Specialty Trade Contractors · Under $150K | 7(a) | 2 | P+1.48% | $150K | Q1 2023 |
| Michigan · Specialty Trade Contractors · $500K – $1M | 7(a) | 2 | P+1.88% | $755K | Q2 2014 |
| Michigan · Manufacturing · $350K – $500K | 7(a) | 2 | P+1.50% | $475K | Q3 2015 |
| Michigan · Real Estate · Under $150K | 7(a) | 2 | P+1.30% | $68K | Q4 2018 |
| Michigan · Arts, Entertainment & Recreation · Under $150K | 7(a) | 2 | P+1.88% | $108K | Q4 2020 |
| Michigan · Auto Repair & Maintenance · $2M – $5M | 504 | 1 | — | $2.1M | Q4 2021 |
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Real experiences from borrowers who closed SBA loans with GRAND RIVER BANK.
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