43 SBA loans worth $12.6M went to businesses in Byron Center, MI between October 2021 and June 2026, from 14 lenders. Huntington National Bank made the most, 26 loans. The median loan was $100,000, compared with $150,000 across Michigan, and transportation and warehousing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 26 | $4.1M | $50,000 | 12% |
| 2 | Fifth Third Bank Bank · Cincinnati, OH | 4 | $1.9M | $155,300 | 75% |
| 3 | Kellogg Community CU Credit union · Battle Creek, MI | 2 | $1.2M | $603,250 | 100% |
| 4 | Michigan Certified Development Certified development company · East Lansing, MI | 1 | $1.2M | $1,187,000 | 0% |
| 5 | Banc of California Bank · Los Angeles, CA | 1 | $1.0M | $1,022,000 | 0% |
| 6 | Great Lakes Commercial Finance Certified development company · Grandville, MI | 1 | $862K | $862,000 | 0% |
| 7 | ChoiceOne Bank Bank · Sparta, MI | 1 | $675K | $675,000 | 0% |
| 8 | 4Front Credit Union Credit union · Traverse City, MI | 1 | $500K | $500,000 | 0% |
| 9 | Lake Michigan CU Credit union · Grand Rapids, MI | 1 | $450K | $450,000 | 100% |
| 10 | Northern Great Lakes Initiatives Non-bank lender · Marquette, MI | 1 | $200K | $200,000 | 100% |
| 11 | Northeast Bank Bank · Portland, ME | 1 | $180K | $180,000 | 0% |
| 12 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $133K | $132,800 | 0% |
| 13 | Newtek Bank Bank · Miami, FL | 1 | $80K | $80,000 | 100% |
| 14 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 1 | $75K | $75,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Transportation and warehousing | 10 | $50,350 | Huntington National Bank | |
| Arts, entertainment and recreation | 7 | $450,000 | Huntington National Bank | |
| Construction | 6 | $190,000 | Huntington National Bank | |
| Restaurants and hotels | 5 | $135,000 | Huntington National Bank | |
| Other services (repair, personal care) | 5 | $28,100 | Huntington National Bank | |
| Retail | 3 | $50,000 | Huntington National Bank | |
| Manufacturing | 3 | $150,000 | BayFirst National Bank | |
| Professional and technical services | 2 | $440,400 | Huntington National Bank |