57 SBA loans worth $26.8M went to businesses in Hudsonville, MI between October 2021 and June 2026, from 10 lenders. Huntington National Bank made the most, 40 loans. The median loan was $100,000, compared with $150,000 across Michigan, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 40 | $3.8M | $50,000 | 28% |
| 2 | Fifth Third Bank Bank · Cincinnati, OH | 4 | $5.8M | $664,350 | 50% |
| 3 | Great Lakes Commercial Finance Certified development company · Grandville, MI | 4 | $4.0M | $931,000 | 50% |
| 4 | Live Oak Banking Bank · Wilmington, NC | 2 | $8.1M | $4,062,500 | 50% |
| 5 | Old National Bank Bank · Evansville, IN | 2 | $834K | $417,200 | 100% |
| 6 | Lake Michigan CU Credit union · Grand Rapids, MI | 1 | $3.1M | $3,100,000 | 0% |
| 7 | JPMorgan Chase Bank Bank · Columbus, OH | 1 | $425K | $425,000 | 0% |
| 8 | Evolve Bank and Trust Bank · West Memphis, AR | 1 | $262K | $262,000 | 0% |
| 9 | Highpoint Community Bank Bank · Hastings, MI | 1 | $258K | $258,400 | 0% |
| 10 | United Midwest Savings Bank Bank · Degraff, OH | 1 | $150K | $150,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 18 | $125,000 | Huntington National Bank | |
| Administrative and support services | 6 | $49,750 | Huntington National Bank | |
| Agriculture, forestry and fishing | 5 | $50,000 | Huntington National Bank | |
| Arts, entertainment and recreation | 4 | $271,000 | Great Lakes Commercial Finance | |
| Health care and social assistance | 4 | $2,467,200 | Old National Bank | |
| Wholesale trade | 4 | $168,500 | Huntington National Bank | |
| Transportation and warehousing | 3 | $25,000 | Huntington National Bank | |
| Other services (repair, personal care) | 3 | $30,000 | Huntington National Bank |