26 SBA loans worth $10.9M went to businesses in Burton, MI between October 2021 and June 2026, from 11 lenders. Huntington National Bank made the most, 12 loans. The median loan was $162,500, compared with $150,000 across Michigan, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 12 | $1.9M | $73,000 | 0% |
| 2 | Fifth Third Bank Bank · Cincinnati, OH | 2 | $1.8M | $875,000 | 0% |
| 3 | EverBank Bank · Jacksonville, FL | 2 | $1.2M | $613,000 | 0% |
| 4 | United FCU Credit union · St. Joseph, MI | 2 | $1.2M | $583,500 | 50% |
| 5 | ChoiceOne Bank Bank · Sparta, MI | 2 | $469K | $234,300 | 0% |
| 6 | Dart Bank Bank · Mason, MI | 1 | $3.1M | $3,073,600 | 0% |
| 7 | VelocitySBA Non-bank lender · Irving, TX | 1 | $507K | $507,000 | 0% |
| 8 | Old National Bank Bank · Evansville, IN | 1 | $389K | $389,000 | 0% |
| 9 | Newtek Bank Bank · Miami, FL | 1 | $175K | $175,000 | 0% |
| 10 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $150K | $150,000 | 0% |
| 11 | Oxford Bank Bank · Oxford, MI | 1 | $100K | $100,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 8 | $140,000 | Huntington National Bank | |
| Retail | 6 | $153,500 | Huntington National Bank | |
| Restaurants and hotels | 5 | $50,000 | Huntington National Bank | |
| Wholesale trade | 3 | $350,000 | Fifth Third Bank | |
| Professional and technical services | 2 | $613,000 | EverBank | |
| Other services (repair, personal care) | 1 | $116,000 | Huntington National Bank | |
| Health care and social assistance | 1 | $228,600 | ChoiceOne Bank |