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Lender record

Chelsea State Bank

The real lending record — every figure from funded deals. HQ: 1010 S Main St, Chelsea, MI. 4 branches.

Chelsea State Bank banner

46

Recent deals (FY20+)

$275K

Typical deal

16 days

Approval → funding

0%

Failure rate (FY20–23)

Where Chelsea State Bank lends

Deals Chelsea State Bank funded — list all 46 as text

Deal profile

Most Chelsea State Bank deals land between $135K and $811K — that range covers half of everything they fund. Top industries and states:

Industries they fund most

  1. 1.Machine Shops (3)
  2. 2.All Other Personal Services (3)
  3. 3.Engineering Services (2)
  4. 4.Full-Service Restaurants (2)
  5. 5.Plumbing, Heating, and Air-Conditioning Contractors (2)
  6. 6.Retail Bakeries (2)
  7. 7.Beer, Wine, and Liquor Stores (2)
  8. 8.Fitness and Recreational Sports Centers (1)

Most active states

  1. 1.Michigan (46 deals)

Franchises they finance most

Subway

1 deals

Can Chelsea State Bank fund you? The bank behind the loans

Total assets

$422.3M

▲ 2% vs prior quarter

Deposits on hand

$373.1M

▲ 2.8% vs prior quarter

Loans outstanding

$252.6M

▲ 1.7% vs prior quarter

Net income (latest qtr)

$1.4M

  • •A serious SBA operation: this year's production is ~3% of the whole loan book. Your file gets experienced hands without specialist wait-lists. That makes Chelsea State Bank more SBA-focused than 91% of the banks on our record.
  • •Deposits grew last quarter — more raw lending capacity than the quarter before.
  • •Return on assets of 1.29% — 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 Chelsea State Bank branch (4)

Chelsea State BankMain office1010 S Main StChelsea, MI 48118 · since 1897

Downtown Branch305 S Main StChelsea, MI 48118 · since 1980

Dexter Branch7101 Dexter Ann Arbor RdDexter, MI 48130 · since 2000

Jackson Banking Center Branch611 N Wisner StreetJackson, MI 49202 · since 2025

Branch data: FDIC BankFind.

Recent deals

  • East Lansing Bouldering Company, LLC in East Lansing, MI — $1.5M (2026) · Fitness and Recreational Sports Centers
  • Bella Vista Winery LLC in Webberville, MI — $875K (2026) · Wineries
  • The Scratch Club, LLC in Pinckney, MI — $290K (2026) · Sports and Recreation Instruction
  • Great Lakes Technologies & MFG, LLC in Durand, MI — $250K (2026) · Engineering Services
  • Liftoff Athletics L.L.C. in Howell, MI — $250K (2026) · All Other Amusement and Recreation Industries
  • Huffaker Group LLC in Clinton, MI — $250K (2026) · Bed-and-Breakfast Inns
  • Tortillas Tita LLC in Ypsilanti, MI — $790K (2025) · Tortilla Manufacturing
  • Velocity CNC LLC in Stockbridge, MI — $275K (2025) · Machine Shops
  • Loop and Link Fiber, LLC in Chelsea, MI — $186K (2025) · purchase · All Other Miscellaneous Retailers
  • Ruland Properties, LLC in Ann Arbor, MI — $2.2M (2024) · Veterinary Services

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

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Businesses Chelsea State Bank financed

43 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 Chelsea State Bank.

Agent summary

This page summarizes Chelsea 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.

  • 46 SBA 7(a) loans on record
  • $275K typical deal
  • 5 business-acquisition loans
  • HQ: 1010 S Main St, Chelsea, MI
  • 4 FDIC branch locations
  • FDIC total assets $422.3M

Next steps

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Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-24.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:
https://www.capbench.com/lenders/chelsea-state-bank
API:
https://www.capbench.com/api/public/lenders/chelsea-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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