27 SBA loans worth $3.1M went to businesses in Allegan, MI between October 2021 and June 2026, from 3 lenders. Huntington National Bank made the most, 24 loans. The median loan was $42,800, compared with $150,000 across Michigan, and administrative and support services was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 24 | $2.1M | $32,800 | 8% |
| 2 | ChoiceOne Bank Bank · Sparta, MI | 2 | $1,000K | $499,750 | 0% |
| 3 | JPMorgan Chase Bank Bank · Columbus, OH | 1 | $50K | $50,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Administrative and support services | 8 | $63,300 | Huntington National Bank | |
| Construction | 6 | $22,500 | Huntington National Bank | |
| Professional and technical services | 4 | $26,300 | Huntington National Bank | |
| Restaurants and hotels | 3 | $300,000 | Huntington National Bank | |
| Transportation and warehousing | 3 | $25,000 | Huntington National Bank | |
| Health care and social assistance | 1 | $20,000 | Huntington National Bank | |
| Other services (repair, personal care) | 1 | $14,000 | Huntington National Bank | |
| Wholesale trade | 1 | $50,000 | Huntington National Bank |