ChoiceOne Bank
At a Glance
A Michigan community bank with SBA people on its page and no Preferred Lender sentence; the acquisition line is the program's own, sixth in its list.
- Pricing
- Custom Pricing, Loan products; terms by term sheet. No size, rate or fee is published for the SBA loan; its page says terms up to twenty-five years, a down payment usually of ten to twenty percent and closing costs that can be included, and its own express product runs to $250,000 (per choiceone.bank, September 2026).
- Best For
- A buyer of a Michigan business who wants a community bank with named SBA officers and is not counting on a Preferred Lender's turnaround
- Roadmap Stages
- 5. Diligence & Close the Deal
Pros and Cons
Pros
- Names two SBA loan officers and an SBA program manager with phone numbers and towns
- A 504 third-party lender of the year in Michigan by its own questions page
- Says closing costs can be included in the loan and the down payment can in some cases be waived
Cons
- States no Preferred Lender status on any page read
- Acquisition appears sixth of seven uses in the program's own phrasing, and its business loans hub carries no SBA card
- Michigan only by its own pages, and an online application only for its express product
- Names no search fund, searcher or acquisition entrepreneur
What Searchers Say
Read on its SBA page, its business loans hub, its express loans page, its team page and four staff pages, its questions page, its about and locations pages and three releases. No searcher-forum discussion of the desk was found.