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Lender record

1st State Bank

The real lending record — every figure from funded deals. HQ: 4800 Fashion Square Blvd, Saginaw, MI. 5 branches.

65

Recent deals (FY20+)

$250K

Typical deal

26 days

Approval → funding

0%

Failure rate (FY20–23)

Where 1st State Bank lends

Deals 1st State Bank funded — list all 65 as text

Deal profile

Most 1st State Bank deals land between $50K and $500K — that range covers half of everything they fund. Top industries and states:

Industries they fund most

  1. 1.Home Furnishing Merchant Wholesalers (5)
  2. 2.Electrical Contractors and Other Wiring Installation Contrac (4)
  3. 3.Offices of Physicians, Mental Health Specialists (4)
  4. 4.Limited-Service Restaurants (3)
  5. 5.Drinking Places (Alcoholic Beverages) (3)
  6. 6.Charter Bus Industry (3)
  7. 7.Full-Service Restaurants (2)
  8. 8.Offices of Physical, Occupational and Speech Therapists, and (2)

Most active states

  1. 1.Michigan (64 deals)
  2. 2.Georgia (1 deals)

Franchises they finance most

Biggby Coffee

2 deals

Jimmy John's

1 deals

Can 1st State Bank fund you? The bank behind the loans

Total assets

$484.2M

▲ 0.8% vs prior quarter

Deposits on hand

$424.9M

▲ 1.2% vs prior quarter

Loans outstanding

$311.4M

▼ 0.6% vs prior quarter

Net income (latest qtr)

$1.7M

  • •SBA is a sideline here — this year's production is a rounding error against the loan book. Your deal competes with everything else they'd rather fund; a specialist bank will usually move faster. That makes 1st State Bank more SBA-focused than 64% of the banks on our record.
  • •Deposits grew last quarter — more raw lending capacity than the quarter before.
  • •Return on assets of 1.37% — above the ~1% mark generally considered strong for a bank. How any of this translates to your rate is a question for the loan officer — pricing is set deal by deal.

FDIC call-report data, quarter ending 03/2026.

Walk into a 1st State Bank branch (5)

1st State BankMain office4800 Fashion Square BlvdSaginaw, MI 48604 · since 2004

State Street Branch5424 State StSaginaw, MI 48603 · since 2005

Bay City Branch601 N Madison AveBay City, MI 48708 · since 2006

Wilder Road Bay City Branch3907 Wilder RdBay City, MI 48706 · since 2013

Midland Branch400 Ashman StMidland, MI 48640 · since 2018

Branch data: FDIC BankFind.

Recent deals

  • The Botanist Cafe LLC in Bay City, MI — $265K (2026) · Limited-Service Restaurants
  • Swan Creek Shop N Go Inc in Saginaw, MI — $2.7M (2025) · Gasoline Stations with Convenience Stores
  • Busard Hospitality, LLC in Midland, MI — $903K (2025) · Full-Service Restaurants
  • Champion Mechanical, LLC in Marietta, GA — $711K (2025) · purchase · Plumbing, Heating, and Air-Conditioning Contractors
  • Bugfish Team Holdings, LLC and Homestead Elements LLC in Saginaw, MI — $500K (2025) · Home Furnishing Merchant Wholesalers
  • G. Nixon, Inc. in Brant, MI — $376K (2025) · purchase · Supermarkets and Other Grocery Retailers (except Convenience
  • Bugfish Team Holdings, LLC and Homestead Elements LLC in Saginaw, MI — $350K (2025) · Home Furnishing Merchant Wholesalers
  • Eryn Laskowski in Bay City, MI — $350K (2025) · Offices of Physical, Occupational and Speech Therapists, and
  • Mid-Michigan Rental Cars LLC in Reese, MI — $250K (2025) · Passenger Car Rental
  • CNP Property Holdings in Standish, MI — $233K (2025) · purchase · Drinking Places (Alcoholic Beverages)

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

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Businesses 1st State Bank financed

48 businesses on record. Each links to its full SBA record.

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CapBench analysis of public lending records, FY2020–present. Not affiliated with 1st State Bank.

Agent summary

This page summarizes 1st State Bank's public SBA 7(a) lending record — deal sizes, industries, geography, and FDIC profile — from CapBench SBA Intelligence. CapBench is not a lender and does not originate or approve loans.

  • 65 SBA 7(a) loans on record
  • $250K typical deal
  • 10 business-acquisition loans
  • HQ: 4800 Fashion Square Blvd, Saginaw, MI
  • 5 FDIC branch locations
  • FDIC total assets $484.2M

Next steps

Request an introRank lendersPre-qualify a deal
Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:
https://www.capbench.com/lenders/1st-state-bank
API:
https://www.capbench.com/api/public/lenders/1st-state-bank
Methodology:
Sources & methodology
  • Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
  • Figures come from public records and CapBench methodology; verify before relying on them.
  • Lender matches are informational and based on public lending activity — they do not guarantee lender interest or approval.

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