30 SBA loans worth $8.9M went to businesses in Berkley, MI between October 2021 and June 2026, from 11 lenders. Huntington National Bank made the most, 14 loans. The median loan was $102,500, compared with $150,000 across Michigan, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 14 | $3.4M | $50,000 | 50% |
| 2 | Newtek Bank Bank · Miami, FL | 3 | $925K | $350,000 | 0% |
| 3 | Independent Bank Bank · Grand Rapids, MI | 3 | $444K | $187,000 | 0% |
| 4 | Fifth Third Bank Bank · Cincinnati, OH | 2 | $1.2M | $612,000 | 50% |
| 5 | Oakland County Business Finance Certified development company · Waterford, MI | 2 | $618K | $309,000 | 0% |
| 6 | Pathward Bank · Sioux Falls, SD | 1 | $815K | $814,800 | 0% |
| 7 | Grasshopper Bank Bank · New York, NY | 1 | $611K | $611,000 | 0% |
| 8 | Oxford Bank Bank · Oxford, MI | 1 | $315K | $315,000 | 100% |
| 9 | PNC Bank Bank · Wilmington, DE | 1 | $314K | $313,500 | 100% |
| 10 | U.S. Bank Bank · Cincinnati, OH | 1 | $215K | $215,200 | 0% |
| 11 | First Merchants Bank Bank · Muncie, IN | 1 | $50K | $50,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 8 | $207,500 | Huntington National Bank | |
| Retail | 7 | $50,000 | Huntington National Bank | |
| Health care and social assistance | 6 | $278,500 | Newtek Bank | |
| Manufacturing | 2 | $23,500 | Huntington National Bank | |
| Professional and technical services | 2 | $179,250 | PNC Bank | |
| Administrative and support services | 1 | $100,000 | Huntington National Bank | |
| Arts, entertainment and recreation | 1 | $814,800 | Pathward | |
| Finance and insurance | 1 | $215,200 | U.S. Bank |