49 SBA loans worth $24.7M went to businesses in Oak Park, MI between October 2021 and June 2026, from 21 lenders. Huntington National Bank made the most, 16 loans. The median loan was $305,000, compared with $150,000 across Michigan, and retail was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 16 | $1.4M | $44,050 | 44% |
| 2 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 6 | $4.5M | $696,000 | 50% |
| 3 | Fifth Third Bank Bank · Cincinnati, OH | 4 | $1.9M | $200,750 | 50% |
| 4 | JPMorgan Chase Bank Bank · Columbus, OH | 3 | $942K | $292,500 | 67% |
| 5 | Great Lakes Commercial Finance Certified development company · Grandville, MI | 2 | $3.1M | $1,543,500 | 0% |
| 6 | Byline Bank Bank · Chicago, IL | 2 | $1.5M | $748,750 | 50% |
| 7 | Heritage Bank Bank · Burlington, KY | 2 | $300K | $150,000 | 0% |
| 8 | First Internet Bank of Indiana Bank · Fishers, IN | 1 | $2.1M | $2,105,000 | 100% |
| 9 | United FCU Credit union · St. Joseph, MI | 1 | $1.9M | $1,925,000 | 0% |
| 10 | Team One CU Credit union · Saginaw, MI | 1 | $1.9M | $1,864,000 | 0% |
| 11 | Michigan Certified Development Certified development company · East Lansing, MI | 1 | $984K | $984,000 | 0% |
| 12 | Bank of America Bank · Charlotte, NC | 1 | $953K | $953,300 | 0% |
| 13 | Bank of Ann Arbor Bank · Ann Arbor, MI | 1 | $527K | $527,300 | 100% |
| 14 | Community Choice CU Credit union · Farmington Hills, MI | 1 | $500K | $500,000 | 0% |
| 15 | PNC Bank Bank · Wilmington, DE | 1 | $427K | $427,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Retail | 10 | $680,000 | Huntington National Bank | |
| Restaurants and hotels | 9 | $160,000 | Huntington National Bank | |
| Manufacturing | 5 | $413,000 | Huntington National Bank | |
| Other services (repair, personal care) | 5 | $292,500 | Huntington National Bank | |
| Professional and technical services | 4 | $265,000 | Huntington National Bank | |
| Health care and social assistance | 4 | $150,000 | Heritage Bank | |
| Transportation and warehousing | 4 | $1,061,900 | Readycap Lending | |
| Construction | 3 | $254,000 | Huntington National Bank |