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First National Bank of Michigan Honored as 504 Third Party Lender of the Year by U.S. Small Business Administration

May 20, 2025

Kalamazoo, MI – April 2025 – First National Bank of Michigan (FNBM) has been recognized as the 504 Third Party Lender of the Year at the U.S. Small Business Administration’s (SBA) Michigan District Lender Awards. The award, presented at the SBA’s annual ceremony, celebrates outstanding lending performance and commitment to supporting small businesses across Michigan during Fiscal Year 2024, which ended September 30, 2024.

As a Preferred Lender in the SBA’s nationwide network, FNBM works closely with business owners to provide access to long-term, fixed-rate financing for major fixed assets, including land, buildings, vehicles, and equipment—helping Michigan businesses grow and succeed.

“We’re honored to be recognized by the SBA for our impact on small businesses throughout the state,” said Jefra Groendyk, Executive Vice President and Senior Lender. “This award reflects the strength of our lending team and our deep commitment to helping local businesses access capital, expand operations, and create jobs in our communities.”

FNBM’s strong SBA lending performance is made possible through the efforts of a skilled and experienced commercial banking team, including:

  • Patty Barnas, Senior Vice President, Market President, Lansing
  • Chris Mars, Senior Vice President, Commercial Banking Group Manager, Kalamazoo
  • Greg Accardo, Senior Vice President, Market President, Holland
  • Mike Hollander, Senior Vice President, Market President, Grand Rapids
  • Sam Drelles, Senior Vice President, Commercial Relationship Manager, Northern Michigan

These leaders and their teams work closely with small business owners across West and Mid-Michigan, offering financial expertise, personalized service, and local decision-making.

The SBA 504 Loan program primarily assists healthy, expanding businesses and is occasionally available to qualified start-ups. FNBM’s status as a delegated lender enables the bank to expedite SBA loan approvals and tailor financing solutions to the unique needs of each borrower.


About First National Bank of Michigan
First National Bank of Michigan is a full-service community bank offering business and personal banking, lending, treasury, and private banking services. With a reputation for providing personalized service backed by advanced technology, FNBM is committed to supporting Michigan businesses and helping communities thrive.

Posted in In the News