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SBA lenders in Garden City, MI

SBA 7(a) and 504 loans to businesses in Garden City (Wayne County), October 2021 to June 30, 2026 · Updated October 15, 2026
36
SBA loans approved
$10.7M
Total approved
$147,000
Median loan
14
Lenders active
42%
To startups

36 SBA loans worth $10.7M went to businesses in Garden City, MI between October 2021 and June 2026, from 14 lenders. Huntington National Bank made the most, 20 loans. The median loan was $147,000, compared with $150,000 across Michigan, and retail was the most financed industry.

Most active SBA lenders in Garden City

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
20$2.0M$50,00050%
2Live Oak Banking
Bank · Wilmington, NC
2$2.2M$1,097,50050%
3Michigan Certified Development
Certified development company · East Lansing, MI
2$1.7M$874,00050%
4Celtic Bank
Bank · Salt Lake City, UT
2$300K$150,0000%
5Byline Bank
Bank · Chicago, IL
1$1.1M$1,123,8000%
6Bank of America
Bank · Charlotte, NC
1$923K$923,3000%
7Michigan Schools and Government Credit Union
Credit union · Clinton Township, MI
1$700K$700,000100%
8First Internet Bank of Indiana
Bank · Fishers, IN
1$533K$533,000100%
9United FCU
Credit union · St. Joseph, MI
1$431K$431,000100%
10Newtek Bank
Bank · Miami, FL
1$350K$350,0000%
11Great Lakes Commercial Finance
Certified development company · Grandville, MI
1$188K$188,0000%
12BayFirst National Bank
Bank · St. Petersburg, FL
1$125K$125,0000%
13Readycap Lending
Non-bank lender · Berkeley Heights, NJ
1$50K$50,0000%
14Fifth Third Bank
Bank · Cincinnati, OH
1$38K$38,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Garden City. For 504 loans the lender shown is the certified development company.

What gets financed in Garden City

IndustryLoansShareMedian loanMost active lender
Retail12
33%
$120,000Huntington National Bank
Other services (repair, personal care)5
14%
$50,000Huntington National Bank
Restaurants and hotels5
14%
$150,000Huntington National Bank
Health care and social assistance4
11%
$289,000Huntington National Bank
Construction3
8%
$350,000Huntington National Bank
Education2
6%
$258,950Huntington National Bank
Transportation and warehousing2
6%
$34,000Huntington National Bank
Information and media1
3%
$150,000Celtic Bank
Loan size mix
  • Under $150,00050%
  • $150,000 to $500,00033%
  • $500,000 to $2 million17%
  • $2 million and up0%
Compared with Michigan
Median loan, Garden City
$147,000
Median loan, Michigan
$150,000
Startup share, Garden City
42%
Startup share, Michigan
29%
Share of state's SBA loans
0.3%

SBA loans per fiscal year in Garden City

071320FY14: 8 loansFY14FY15: 8 loansFY15FY16: 9 loansFY16FY17: 7 loansFY17FY18: 8 loansFY18FY19: 2 loansFY19FY20: 3 loansFY20FY21: 7 loansFY21FY22: 6 loansFY22FY23: 11 loansFY2311FY24: 6 loansFY24FY25: 8 loansFY25FY26 (Oct to Jun): 5 loansFY265
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.