107
Loans Approved
$79.4M
Total Volume
$742K
Avg Loan Size
4
States Served
Top Industries Financed
- Engineering Services
- Highway, Street, and Bridge Construction
- Landscaping Services
- Offices of Physicians (except Mental Health Specialists)
- Electrical Contractors
About Independent Bank
Independent Bank is an SBA-approved lender headquartered in Grand Rapids, Michigan. Since 2020, they have approved 107 SBA 7(a) loans totaling $79.4M, with an average loan size of $742K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 4 states.
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