7(a)Bank
MERCANTILE BANK
SBA 7(a) lending profile based on real SBA lending data.
7(a) Deals
98
Avg Deal Size
$330K
States Active
1
Median Spread
P + 2.54%AVERAGE
Geographic Reach (7a)
Top states for MERCANTILE BANK's 7(a) lending.
Michigan
98 deals$32.4M
Industry Focus (7a)
Manufacturing27 deals
Restaurants & Food Service21 deals
Personal Care (Salons, Spas)5 deals
Specialty Trade Contractors5 deals
Wholesale Trade4 deals
Auto Dealers & Parts4 deals
Auto Repair & Maintenance3 deals
Real Estate3 deals
Building Construction3 deals
Food & Beverage Stores3 deals