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Upper Peninsula State Bank

ESCANABA, MI 49829

5
Loans Approved
$1.9M
Total Volume
$385K
Avg Loan Size
1
States Served

States Served

Michigan

Top Industries Financed

  • Plumbing, Heating, and Air-Conditioning Contractors
  • Burial Casket Manufacturing
  • General Automotive Repair
  • Retail Bakeries

Quick Summary

Upper Peninsula State Bank is an SBA-approved lender headquartered in ESCANABA, Michigan. Since 2020, they have approved 5 SBA 7(a) loans totaling $1.9M, with an average loan size of $385K. They primarily serve Michigan businesses.

About Upper Peninsula State Bank

Upper Peninsula State Bank is an SBA-approved lender headquartered in ESCANABA, Michigan. Since 2020, they have approved 5 SBA 7(a) loans totaling $1.9M, with an average loan size of $385K. They primarily serve businesses in Michigan.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Upper Peninsula State Bank an SBA Preferred Lender?

Upper Peninsula State Bank 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 Upper Peninsula State Bank approved?

According to SBA FOIA public records, Upper Peninsula State Bank has approved 5 SBA 7(a) loans totaling $1.9M since 2020. Their average loan size is $385K.

What states does Upper Peninsula State Bank serve?

Upper Peninsula State Bank primarily serves businesses in Michigan.

How do I apply for an SBA loan with Upper Peninsula State Bank?

To apply for an SBA 7(a) loan with Upper Peninsula State Bank, 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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