SBAPULSE

Mercantile Bank

Headquartered in GRAND RAPIDS, MI

Compare interactively in the Lender Explorer.

7(a) Lending

Gross approval amounts

FY2026 Volume

$384K

#1012 by FY2026 volume

FY2026 Loans

1

$384K avg size

FY2022–FY2026 Volume

$2.6M

FY2022–FY2026 Loans

5

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2026

Low
High

Activity by State

1 state, districts, and territories with activity

#
1MI1$0.4M$384K
Explore 7(a) loan-level performance

504 Third Party Lending

First mortgage amounts committed alongside 504 debentures

FY2026 Volume

$5.5M

#350 by FY2026 volume

FY2026 Loans

4

$1.4M avg size

FY2022–FY2026 Volume

$58.9M

FY2022–FY2026 Loans

32

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2026

Low
High

Activity by State

1 state, districts, and territories with activity

#
1MI4$5.5M$1.4M
Explore 504 loan-level performance as third party lender

Source: SBA lender activity reports, data as of Sep 30, 2026. Historical years reflect fiscal year-end figures and are not restated for subsequent acquisitions or mergers. See data sources & methodology.