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Home Michigan Citizens National Bank of Cheboygan

Citizens National Bank of Cheboygan

CHEBOYGAN, MI 49721

31
Loans Approved
$12.6M
Total Volume
$407K
Avg Loan Size
1
States Served

States Served

Top Industries Financed

  • Hotels (except Casino Hotels) and Motels
  • All Other Specialty Trade Contractors
  • Full-Service Restaurants
  • Funeral Homes and Funeral Services
  • Meat Processed from Carcasses

Quick Summary

Citizens National Bank of Cheboygan is an SBA-approved lender headquartered in CHEBOYGAN, Michigan. Since 2020, they have approved 31 SBA 7(a) loans totaling $12.6M, with an average loan size of $407K. They primarily serve Michigan businesses.

About Citizens National Bank of Cheboygan

Citizens National Bank of Cheboygan is an SBA-approved lender headquartered in CHEBOYGAN, Michigan. Since 2020, they have approved 31 SBA 7(a) loans totaling $12.6M, with an average loan size of $407K. They primarily serve businesses in Michigan.

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Frequently Asked Questions

Is Citizens National Bank of Cheboygan an SBA Preferred Lender?

Citizens National Bank of Cheboygan is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has Citizens National Bank of Cheboygan approved?

According to SBA FOIA public records, Citizens National Bank of Cheboygan has approved 31 SBA 7(a) loans totaling $12.6M since 2020. Their average loan size is $407K.

What states does Citizens National Bank of Cheboygan serve?

Citizens National Bank of Cheboygan primarily serves businesses in Michigan.

How do I apply for an SBA loan with Citizens National Bank of Cheboygan?

To apply for an SBA 7(a) loan with Citizens National Bank of Cheboygan, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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