Michigan Schools and Government Credit Union approved 26 SBA loans worth $8.5M between October 2021 and June 2026, ranking #785 of 2,283 SBA lenders nationally by loan count. Its median loan was $214,000, and 42% went to startups or businesses under two years old. It lent in 1 states, most often in Michigan, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Michigan | 26 | $8.5M | $214,000 | #48 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 8 | $260,650 | |
| Retail | 5 | $279,200 | |
| Health care and social assistance | 3 | $190,000 | |
| Other services (repair, personal care) | 3 | $200,000 | |
| Professional and technical services | 2 | $265,250 | |
| Construction | 2 | $143,750 | |
| Arts, entertainment and recreation | 1 | $450,000 | |
| Manufacturing | 1 | $64,500 | |
| Real estate and rental | 1 | $135,000 |