48 SBA loans worth $22.3M went to businesses in East Lansing, MI between October 2021 and June 2026, from 21 lenders. Huntington National Bank made the most, 17 loans. The median loan was $275,000, 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 | 17 | $4.3M | $100,000 | 0% |
| 2 | Capitol National Bank Bank · Lansing, MI | 4 | $4.1M | $700,000 | 50% |
| 3 | Dart Bank Bank · Mason, MI | 3 | $1.9M | $499,700 | 67% |
| 4 | Horizon Bank Bank · Michigan City, IN | 3 | $359K | $70,000 | 0% |
| 5 | Live Oak Banking Bank · Wilmington, NC | 2 | $2.4M | $1,200,000 | 50% |
| 6 | Michigan Certified Development Certified development company · East Lansing, MI | 2 | $1.4M | $710,500 | 0% |
| 7 | Citizens Bank Bank · Elizabethton, TN | 2 | $1.1M | $550,100 | 100% |
| 8 | BayFirst National Bank Bank · St. Petersburg, FL | 2 | $478K | $239,000 | 50% |
| 9 | Chelsea State Bank Bank · Chelsea, MI | 1 | $1.5M | $1,494,000 | 100% |
| 10 | Mercantile Bank Bank · Grand Rapids, MI | 1 | $1.3M | $1,300,000 | 0% |
| 11 | Byline Bank Bank · Chicago, IL | 1 | $1.0M | $1,000,000 | 100% |
| 12 | LAF CU Credit union · Lansing, MI | 1 | $506K | $506,000 | 0% |
| 13 | CASE CU Credit union · Lansing, MI | 1 | $500K | $500,000 | 100% |
| 14 | PNC Bank Bank · Wilmington, DE | 1 | $450K | $450,000 | 0% |
| 15 | Farmers State Bank Bank · Waterloo, IA | 1 | $300K | $300,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 14 | $454,750 | Dart Bank | |
| Construction | 6 | $175,000 | Horizon Bank | |
| Health care and social assistance | 5 | $350,000 | Huntington National Bank | |
| Transportation and warehousing | 5 | $108,800 | Huntington National Bank | |
| Professional and technical services | 4 | $450,000 | CASE CU | |
| Retail | 4 | $260,000 | Huntington National Bank | |
| Arts, entertainment and recreation | 3 | $158,100 | Capitol National Bank | |
| Finance and insurance | 2 | $150,000 | Huntington National Bank |