477 SBA loans worth $236.6M went to businesses in Detroit, MI between October 2021 and June 2026, from 62 lenders. Huntington National Bank made the most, 192 loans. The median loan was $150,000, compared with $150,000 across Michigan, and retail was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 192 | $34.3M | $80,000 | 29% |
| 2 | Fifth Third Bank Bank · Cincinnati, OH | 39 | $32.9M | $350,000 | 8% |
| 3 | Newtek Bank Bank · Miami, FL | 30 | $13.0M | $207,500 | 20% |
| 4 | First Internet Bank of Indiana Bank · Fishers, IN | 25 | $27.0M | $1,221,000 | 52% |
| 5 | Northeast Bank Bank · Portland, ME | 15 | $1.9M | $84,100 | 7% |
| 6 | CDC Small Business Finance Non-bank lender · San Diego, CA | 14 | $1.8M | $127,500 | 36% |
| 7 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 13 | $11.6M | $300,000 | 15% |
| 8 | BayFirst National Bank Bank · St. Petersburg, FL | 10 | $1.7M | $150,000 | 0% |
| 9 | United FCU Credit union · St. Joseph, MI | 9 | $8.8M | $1,045,000 | 0% |
| 10 | Michigan Certified Development Certified development company · East Lansing, MI | 9 | $7.0M | $942,000 | 56% |
| 11 | JPMorgan Chase Bank Bank · Columbus, OH | 9 | $2.8M | $200,000 | 11% |
| 12 | Byline Bank Bank · Chicago, IL | 8 | $16.3M | $1,827,700 | 38% |
| 13 | Celtic Bank Bank · Salt Lake City, UT | 7 | $4.3M | $150,000 | 29% |
| 14 | Michigan Schools and Government Credit Union Credit union · Clinton Township, MI | 7 | $3.2M | $200,000 | 43% |
| 15 | Bank of America Bank · Charlotte, NC | 5 | $2.0M | $500,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Retail | 124 | $459,050 | Huntington National Bank | |
| Restaurants and hotels | 58 | $150,000 | Huntington National Bank | |
| Construction | 43 | $150,000 | Huntington National Bank | |
| Transportation and warehousing | 42 | $75,500 | Huntington National Bank | |
| Professional and technical services | 41 | $100,000 | Huntington National Bank | |
| Health care and social assistance | 39 | $150,000 | Huntington National Bank | |
| Other services (repair, personal care) | 33 | $60,000 | Huntington National Bank | |
| Administrative and support services | 23 | $200,000 | Huntington National Bank |