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County42nd of 83 in Michigan by approvalsFIPS 26103
SBA loans in Marquette County, Michigan
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Businesses in Marquette County, Michigan, received 35 SBA loan approvals worth $19.4M in FY2021 to FY2025 (30 7(a), 5 504).
That is 21.1 approvals per 1,000 business establishments (1,655 establishments in 2023), below the Michigan figure of 55.8 and below the national 41.0.
It ranks 42nd of 83 Michigan counties with approvals. In FY2025 there were 4.
11 lenders had approvals here; the most active were Nicolet National Bank (14), Michigan Certified Development Corporation (5) and IncredibleBank (5). The most common industry was automotive repair and maintenance.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Marquette County
By number of approvals to businesses in the county, FY2021–FY2025; 11 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Nicolet National BankGreen Bay, WI | 14 | $8.7M | 40.0% | |
| 2 | Michigan Certified Development CorporationEast Lansing, MI · CDC | 5 | $5.8M | 14.3% | |
| 3 | IncredibleBankWausau, WI | 5 | $3.0M | 14.3% | |
| 4 | The Huntington National BankColumbus, OH | 4 | $385K | 11.4% | |
| 5 | Embers Credit UnionMarquette, MI | 1 | — | 2.9% | |
| 6 | Flagstar Bank National AssociationHicksville, NY | 1 | — | 2.9% | |
| 7 | Newtek Small Business Finance, Inc.Lake Success, NY | 1 | — | 2.9% | |
| 8 | Lendistry SBLC, LLCLos Angeles, CA | 1 | — | 2.9% | |
| 9 | Northern Great Lakes InitiativesMarquette, MI | 1 | — | 2.9% | |
| 10 | Northeast BankLewiston, ME | 1 | — | 2.9% | |
| 11 | U.S. Bank, National AssociationCincinnati, OH | 1 | — | 2.9% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Automotive Repair and MaintenanceNAICS 8111 | 2 | 5.7% | |
| 2 | Personal Care ServicesNAICS 8121 | 2 | 5.7% | |
| 3 | Drinking Places (Alcoholic Beverages)NAICS 7224 | 2 | 5.7% | |
| 4 | Restaurants and Other Eating PlacesNAICS 7225 | 2 | 5.7% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 2 | 5.7% | |
| 6 | Other Amusement and Recreation IndustriesNAICS 7139 | 2 | 5.7% | |
| 7 | Miscellaneous Durable Goods Merchant WholesalersNAICS 4239 | 2 | 5.7% | |
| 8 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 2 | 5.7% | |
| 9 | Traveler AccommodationNAICS 7211 | 1 | 2.9% | |
| 10 | Beverage ManufacturingNAICS 3121 | 1 | 2.9% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 5 | 14.3% | |
| 2 | Other Services (except Public Administration) | 5 | 14.3% | |
| 3 | Manufacturing | 5 | 14.3% | |
| 4 | Professional, Scientific, and Technical Services | 4 | 11.4% | |
| 5 | Real Estate and Rental and Leasing | 3 | 8.6% | |
| 6 | Construction | 2 | 5.7% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 2 | 5.7% | |
| 8 | Arts, Entertainment, and Recreation | 2 | 5.7% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 4 | $1.4M | $371K | 1 | — | 5 | 75 |
| FY2025 | 4 | $321K | $81K | 0 | — | 4 | 14 |
| FY2024 | 6 | $2.0M | $31K | 0 | — | 6 | 16 |
| FY2023 | 3 | $1.0M | $325K | 1 | — | 4 | 50 |
| FY2022 | 6 | $2.8M | $430K | 2 | — | 8 | 70 |
| FY2021 | 11 | $7.4M | $518K | 2 | — | 13 | 98 |
| FY2020 | 6 | $3.3M | $433K | 0 | — | 6 | 49 |
| FY2019 | 19 | $7.3M | $200K | 0 | — | 19 | 165 |
| FY2018 | 7 | $1.7M | $318K | 1 | — | 8 | 45 |
| FY2017 | 21 | $7.1M | $150K | 0 | — | 21 | 169 |
| FY2016 | 19 | $2.7M | $52K | 0 | — | 19 | 86 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 73 approvals.
Against Michigan and the country
| FY2021–FY2025 | Marquette County | Michigan | United States |
|---|---|---|---|
| Approvals | 35 | 12,809 | 342,825 |
| Approvals per 1,000 establishments | 21.1 | 55.8 | 41.0 |
| Median 7(a) approval | $313K | $125K | $190K |
| Median 504 approval | $351K | $540K | $657K |
| Average approval | $555K | $415K | $573K |
| 504 share of approvals | 14.3% | 6.7% | 11.0% |
| Jobs supported per approval, as reported | 7.1 | 9.4 | 10.5 |
| Share of state approvals | 0.3% | 100.0% | — |
Approval sizes
- $50,000 or less17.1%6
- $50,001 to $150,00017.1%6
- $150,001 to $350,00020.0%7
- $350,001 to $1 million31.4%11
- $1 million to $2 million11.4%4
- Over $2 million2.9%1
Age of the businesses
- Existing, more than 2 years old57.1%20
- New business, 2 years or less8.6%3
- Startup, loan funds will open the business22.9%8
- Change of ownership11.4%4
Questions and answers
Which lenders make the most SBA loans in Marquette County?
By approvals in FY2021 to FY2025: Nicolet National Bank (14), Michigan Certified Development Corporation (5), IncredibleBank (5), The Huntington National Bank (4), Embers Credit Union (1). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Marquette County?
The median 7(a) approval was $313K and the median 504 approval $351K; the Michigan 7(a) median was $125K.
Which industries get the most SBA loans in Marquette County?
Automotive Repair and Maintenance (2); Personal Care Services (2); Drinking Places (Alcoholic Beverages) (2); Restaurants and Other Eating Places (2); Services to Buildings and Dwellings (2).
Is SBA lending in Marquette County rising?
Approvals in the three latest complete fiscal years total 14, against 27 in the three before: falling (-48%).
How does Marquette County compare with the rest of Michigan?
21.1 approvals per 1,000 establishments against 55.8 statewide, and 35 of the state's 12,809 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error