University Bank

MI

SBA-approved lender offering 7 loan programs across 5 industries.

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Key Metrics

Interest Rate

8.25%

1.50% over prime

Average Loan

$775K

Per approval

Total Approvals

14

FY 2025

Loan Programs (7)

7a General
Change of Ownership
Existing or more than 2 years old
International Trade Loans
SBA Express Program
Fixed Rates
Preferred Lenders Program

Industries Served (5)

Industrial Mold ManufacturingOffices of Certified Public AccountantsOther Commercial Equipment Merchant WholesalersTelemarketing BureausWater Supply and Irrigation Systems

Additional Details

Prime Rate
6.75%
Rate Over Prime
1.50%
Effective Rate
8.25%
Fiscal Year
2025
States Served
MI

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