30 SBA loans worth $14.8M went to businesses in Dexter, MI between October 2021 and June 2026, from 10 lenders. Huntington National Bank made the most, 13 loans. The median loan was $272,500, compared with $150,000 across Michigan, and manufacturing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 13 | $1.5M | $90,000 | 46% |
| 2 | University Bank Bank · Ann Arbor, MI | 6 | $5.2M | $756,600 | 0% |
| 3 | Bank Michigan Bank · Brooklyn, MI | 2 | $2.0M | $1,000,700 | 100% |
| 4 | Great Lakes Commercial Finance Certified development company · Grandville, MI | 2 | $1.2M | $584,500 | 0% |
| 5 | Chelsea State Bank Bank · Chelsea, MI | 2 | $550K | $275,000 | 50% |
| 6 | Michigan Certified Development Certified development company · East Lansing, MI | 1 | $2.0M | $2,013,000 | 0% |
| 7 | Fifth Third Bank Bank · Cincinnati, OH | 1 | $1.9M | $1,897,000 | 0% |
| 8 | Live Oak Banking Bank · Wilmington, NC | 1 | $290K | $290,000 | 0% |
| 9 | WesBanco Bank Bank · Wheeling, WV | 1 | $100K | $100,000 | 100% |
| 10 | Old National Bank Bank · Evansville, IN | 1 | $75K | $75,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Manufacturing | 6 | $271,000 | Bank Michigan | |
| Wholesale trade | 6 | $756,600 | University Bank | |
| Construction | 4 | $100,000 | Huntington National Bank | |
| Administrative and support services | 2 | $152,500 | Huntington National Bank | |
| Agriculture, forestry and fishing | 2 | $19,700 | Huntington National Bank | |
| Restaurants and hotels | 2 | $1,106,500 | Huntington National Bank | |
| Other services (repair, personal care) | 2 | $87,550 | Huntington National Bank | |
| Finance and insurance | 1 | $290,000 | Live Oak Banking |