Current Rate - Apr-14
5.19% 20 year rate % 20 year RFI
4.48% 10 year rate % 10 year RFI


20-year Term: 5.19%
10-year Term: 4.48%

20-year Term RFI: %
10-year Term RFI:%

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AmericInn of Ironwood
Ironwood, MI

Mitchell Blue of Traverse City State Bank named EDF Lender of the Year

Economic Development Foundation (EDF) is pleased to announce Mitchell Blue, Assistant Vice President, Commercial Lending, SBA Product Manager at Traverse City State Bank, has been awarded their “Small Business Administration (SBA) 504 Northern Michigan Lender of the Year”.  This award is given annually to a lender that shows leadership and resourcefulness by working closely with small businesses to help them finance fixed assets through the SBA 504 program.


Mitchell was awarded this honor by partnering with the Economic Development Foundation on SBA 504 loans throughout Northern Michigan that assisted small businesses to create and retain jobs in Michigan.