57 SBA loans worth $19.6M went to businesses in Midland, MI between October 2021 and June 2026, from 16 lenders. Huntington National Bank made the most, 26 loans. The median loan was $100,000, 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 | 26 | $2.6M | $50,000 | 27% |
| 2 | 1st State Bank Bank · Saginaw, MI | 5 | $2.9M | $180,000 | 20% |
| 3 | Isabella Bank Bank · Mount Pleasant, MI | 4 | $1.3M | $235,000 | 100% |
| 4 | Horizon Bank Bank · Michigan City, IN | 3 | $3.8M | $998,100 | 0% |
| 5 | Michigan Certified Development Certified development company · East Lansing, MI | 3 | $2.3M | $770,000 | 33% |
| 6 | PNC Bank Bank · Wilmington, DE | 3 | $640K | $30,000 | 100% |
| 7 | Fifth Third Bank Bank · Cincinnati, OH | 2 | $1.0M | $519,500 | 0% |
| 8 | Wildfire Credit Union Credit union · Saginaw, MI | 2 | $486K | $242,950 | 100% |
| 9 | United Midwest Savings Bank Bank · Degraff, OH | 2 | $250K | $125,000 | 100% |
| 10 | Live Oak Banking Bank · Wilmington, NC | 1 | $2.7M | $2,700,000 | 0% |
| 11 | Independent Bank Bank · Grand Rapids, MI | 1 | $924K | $924,100 | 0% |
| 12 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $240K | $240,000 | 0% |
| 13 | Northeast Bank Bank · Portland, ME | 1 | $235K | $235,000 | 0% |
| 14 | Northern Great Lakes Initiatives Non-bank lender · Marquette, MI | 1 | $100K | $100,000 | 0% |
| 15 | ChoiceOne Bank Bank · Sparta, MI | 1 | $40K | $40,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 11 | $100,000 | Huntington National Bank | |
| Construction | 10 | $67,500 | Huntington National Bank | |
| Retail | 8 | $50,000 | Huntington National Bank | |
| Other services (repair, personal care) | 6 | $95,000 | Huntington National Bank | |
| Administrative and support services | 6 | $142,500 | United Midwest Savings Bank | |
| Professional and technical services | 6 | $253,550 | Huntington National Bank | |
| Health care and social assistance | 4 | $541,000 | Huntington National Bank | |
| Education | 2 | $189,000 | Michigan Certified Development |