34 SBA loans worth $10.2M went to businesses in Owosso, MI between October 2021 and June 2026, from 15 lenders. Huntington National Bank made the most, 15 loans. The median loan was $150,000, 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 | 15 | $5.3M | $100,000 | 13% |
| 2 | ChoiceOne Bank Bank · Sparta, MI | 3 | $424K | $140,000 | 100% |
| 3 | Michigan State University Federal Credit Union Credit union · East Lansing, MI | 2 | $610K | $305,000 | 0% |
| 4 | Northeast Bank Bank · Portland, ME | 2 | $600K | $300,000 | 50% |
| 5 | Independent Bank Bank · Grand Rapids, MI | 2 | $225K | $112,500 | 0% |
| 6 | Oakland County Business Finance Certified development company · Waterford, MI | 1 | $870K | $870,000 | 0% |
| 7 | Grasshopper Bank Bank · New York, NY | 1 | $384K | $384,000 | 100% |
| 8 | Michigan Certified Development Non-bank lender · East Lansing, MI | 1 | $350K | $350,000 | 0% |
| 9 | Team One CU Credit union · Saginaw, MI | 1 | $337K | $337,000 | 0% |
| 10 | Dort Financial CU Credit union · Grand Blanc, MI | 1 | $326K | $326,000 | 100% |
| 11 | Flagstar Bank Bank · Hicksville, NY | 1 | $315K | $315,000 | 100% |
| 12 | Hanover Community Bank Bank · Garden City Park, NY | 1 | $198K | $198,000 | 100% |
| 13 | Fifth Third Bank Bank · Cincinnati, OH | 1 | $170K | $170,000 | 0% |
| 14 | Horizon Bank Bank · Michigan City, IN | 1 | $62K | $62,400 | 100% |
| 15 | JPMorgan Chase Bank Bank · Columbus, OH | 1 | $50K | $50,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Retail | 11 | $200,000 | Huntington National Bank | |
| Restaurants and hotels | 7 | $350,000 | Huntington National Bank | |
| Other services (repair, personal care) | 3 | $150,000 | Independent Bank | |
| Manufacturing | 3 | $140,000 | ChoiceOne Bank | |
| Construction | 3 | $100,000 | Huntington National Bank | |
| Health care and social assistance | 2 | $453,000 | Oakland County Business Finance | |
| Professional and technical services | 2 | $207,500 | Huntington National Bank | |
| Administrative and support services | 1 | $198,000 | Hanover Community Bank |