{"ok":true,"canonical_url":"https://www.capbench.com/lenders/west-shore-bank","api_url":"https://www.capbench.com/api/public/lenders/west-shore-bank","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-24","timezone":"America/Chicago"},"methodology":{"label":"SBA lender ranking methodology","url":"https://www.capbench.com/methodology/lender-rankings"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","CapBench lender and franchise enrichment"],"lender":{"name":"West Shore Bank","slug":"west-shore-bank","url":"https://www.capbench.com/lenders/west-shore-bank","hq":"201 W Loomis St, Ludington, MI","website":"www.westshorebank.com","branchCount":9,"sbaFocus":{"pct":0,"pctile":14,"tier":"sideline"},"recentDealsSampled":61,"businessPurchases":9,"typicalDeal":372000,"dealRange25th75th":[255000,869300],"typicalDaysApprovalToFunding":15,"topIndustries":[{"count":6,"name":"Full-Service Restaurants"},{"count":3,"name":"General Automotive Repair"},{"count":2,"name":"Landscaping Services"},{"count":2,"name":"Convenience Retailers"},{"count":2,"name":"Private Mail Centers"},{"count":2,"name":"New Car Dealers"},{"count":2,"name":"Solid Waste Collection"},{"count":2,"name":"Other Electronic Parts and Equipment Merchant Wholesalers"}],"topStates":[{"count":60,"state":"MI"},{"count":1,"state":"MO"}],"topFranchises":[{"name":"Ace Hardware","count":2,"url":"https://www.capbench.com/franchises/ace-hardware"},{"name":"The UPS Store","count":2,"url":"https://www.capbench.com/franchises/the-ups-store"},{"name":"Chrysler - Sales and Service Agreement","count":2,"url":"https://www.capbench.com/franchises/chrysler-sales-and-service-agreement"},{"name":"Little Caesars","count":1,"url":"https://www.capbench.com/franchises/little-caesars"}],"recentDeals":[{"acquisition":false,"approvalDate":"3/16/2024","borrName":"Traverse Outdoor, Inc.","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Traverse City","collateral":true,"daysToFund":16,"firstDisbursement":"4/1/2024","fixedVar":"V","franchise":null,"fy":2024,"gross":3528200,"industry":"Landscaping Services","jobs":44,"paidInFullDate":null,"processing":"7a General","rate":7.75,"revolver":"FALSE","sbaGuaranteed":2646150,"soldSecMkt":null,"state":"MI","status":"CURR","subprogram":"Guaranty","termMonths":149},{"acquisition":false,"approvalDate":"1/7/2024","borrName":"Blue Photon Technology & Workholding Systems L.L.C.","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Shelby","collateral":true,"daysToFund":37,"firstDisbursement":"2/13/2024","fixedVar":"V","franchise":null,"fy":2024,"gross":2540000,"industry":"Industrial Mold Manufacturing","jobs":15,"paidInFullDate":null,"processing":"7a General","rate":9.5,"revolver":"FALSE","sbaGuaranteed":1905000,"soldSecMkt":null,"state":"MI","status":"CURR","subprogram":"Guaranty","termMonths":300},{"acquisition":false,"approvalDate":"10/6/2023","borrName":"Grand Haven Ace LLC","businessAge":"Startup, Loan Funds will Open Business","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Grand Haven","collateral":true,"daysToFund":7,"firstDisbursement":"10/13/2023","fixedVar":"V","franchise":"Ace Hardware","fy":2024,"gross":1767400,"industry":"Hardware Retailers","jobs":32,"paidInFullDate":null,"processing":"7a General","rate":9.5,"revolver":"FALSE","sbaGuaranteed":1325550,"soldSecMkt":null,"state":"MI","status":"CURR","subprogram":"Guaranty","termMonths":120},{"acquisition":false,"approvalDate":"12/13/2023","borrName":"Manton Mini Mart II, Inc","businessAge":"Startup, Loan Funds will Open Business","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Manton","collateral":true,"daysToFund":47,"firstDisbursement":"1/29/2024","fixedVar":"V","franchise":null,"fy":2024,"gross":1026000,"industry":"Convenience Retailers","jobs":6,"paidInFullDate":null,"processing":"7a General","rate":9.75,"revolver":"FALSE","sbaGuaranteed":769500,"soldSecMkt":null,"state":"MI","status":"CURR","subprogram":"Guaranty","termMonths":240},{"acquisition":false,"approvalDate":"3/1/2024","borrName":"Smith Attorneys Group at Law P.C.","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Muskegon","collateral":true,"daysToFund":null,"firstDisbursement":null,"fixedVar":"V","franchise":null,"fy":2024,"gross":578000,"industry":"Offices of Lawyers","jobs":10,"paidInFullDate":null,"processing":"7a General","rate":7.25,"revolver":"FALSE","sbaGuaranteed":433500,"soldSecMkt":null,"state":"MI","status":"CANCLD","subprogram":"Guaranty","termMonths":240},{"acquisition":true,"approvalDate":"3/19/2024","borrName":"Traverse Outdoor, Inc.","businessAge":"Change of Ownership","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Traverse City","collateral":true,"daysToFund":13,"firstDisbursement":"4/1/2024","fixedVar":"V","franchise":null,"fy":2024,"gross":500000,"industry":"Landscaping Services","jobs":44,"paidInFullDate":null,"processing":"SBA Express Program","rate":7.75,"revolver":"TRUE","sbaGuaranteed":250000,"soldSecMkt":null,"state":"MI","status":"CURR","subprogram":"FA$TRK (Small Loan Express)","termMonths":120},{"acquisition":false,"approvalDate":"6/17/2024","borrName":"Ludington Harbor Place, LLC","businessAge":"Startup, Loan Funds will Open Business","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Ludington","collateral":true,"daysToFund":9,"firstDisbursement":"6/26/2024","fixedVar":"V","franchise":null,"fy":2024,"gross":480000,"industry":"Full-Service Restaurants","jobs":16,"paidInFullDate":null,"processing":"7a General","rate":9.75,"revolver":"FALSE","sbaGuaranteed":360000,"soldSecMkt":null,"state":"MI","status":"PSTDUE","subprogram":"Guaranty","termMonths":240},{"acquisition":false,"approvalDate":"2/7/2024","borrName":"Golden Swan Management, LLC","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Traverse City","collateral":true,"daysToFund":null,"firstDisbursement":null,"fixedVar":"V","franchise":null,"fy":2024,"gross":400000,"industry":"Residential Property Managers","jobs":15,"paidInFullDate":null,"processing":"SBA Express Program","rate":10,"revolver":"TRUE","sbaGuaranteed":200000,"soldSecMkt":null,"state":"MI","status":"COMMIT","subprogram":"FA$TRK (Small Loan Express)","termMonths":120},{"acquisition":false,"approvalDate":"3/28/2024","borrName":"The Last Resort Operations LLC","businessAge":"Startup, Loan Funds will Open Business","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Hart","collateral":true,"daysToFund":14,"firstDisbursement":"4/11/2024","fixedVar":"V","franchise":null,"fy":2024,"gross":368700,"industry":"Hotels (except Casino Hotels) and Motels","jobs":5,"paidInFullDate":null,"processing":"7a General","rate":9.5,"revolver":"FALSE","sbaGuaranteed":276525,"soldSecMkt":null,"state":"MI","status":"CURR","subprogram":"Guaranty","termMonths":300},{"acquisition":false,"approvalDate":"7/26/2024","borrName":"KJ Fitch Inc","businessAge":"Startup, Loan Funds will Open Business","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Ludington","collateral":true,"daysToFund":6,"firstDisbursement":"8/1/2024","fixedVar":"V","franchise":null,"fy":2024,"gross":368000,"industry":"Full-Service Restaurants","jobs":12,"paidInFullDate":null,"processing":"7a General","rate":10.5,"revolver":"FALSE","sbaGuaranteed":276000,"soldSecMkt":null,"state":"MI","status":"CURR","subprogram":"Guaranty","termMonths":300}]},"for_agents":{"mcp_endpoint":"https://www.capbench.com/api/mcp","docs":"https://www.capbench.com/for-agents","recommended_next_step":"If a buyer is evaluating a purchase that fits West Shore Bank, the usual next step is to pre-qualify the deal for SBA 7(a) financing and request an introduction in MI. CapBench arranges the introduction — free for buyers.","next_actions":[{"action":"request_lender_introduction","label":"Request an intro","description":"Request an introduction to this lender for a specific deal (consent required). CapBench forwards the lead to the lender.","web_url":"https://www.capbench.com/lenders/west-shore-bank?state=MI&utm_source=agent&utm_medium=entity_funnel&utm_campaign=lender_intro"},{"action":"rank_sba_lenders","label":"Rank lenders","description":"Rank the most active SBA lenders for a purchase (optionally by state).","mcp_tool":"rank_sba_lenders","args":{"state":"MI"},"web_url":"https://www.capbench.com/lenders/state/mi?utm_source=agent&utm_medium=entity_funnel&utm_campaign=lender_rank"},{"action":"prequalify_business_purchase","label":"Pre-qualify a deal","description":"Pre-qualify a purchase to see if this lender is a fit.","mcp_tool":"prequalify_business_purchase","web_url":"https://www.capbench.com/prequalify?utm_source=agent&utm_medium=entity_funnel&utm_campaign=lender_prequalify"}]},"caveats":["CapBench data is market intelligence, not a credit decision or SBA eligibility determination.","Final lender fit depends on SBA eligibility, borrower strength, collateral, cash flow, guarantors, and lender policy."],"citation":{"label":"CapBench lender profile","url":"https://www.capbench.com/lenders/west-shore-bank","source_type":"CapBench Data"}}