105 SBA loans worth $56.5M went to businesses in Plymouth, MI between October 2021 and June 2026, from 28 lenders. Huntington National Bank made the most, 38 loans. The median loan was $225,000, compared with $150,000 across Michigan, and health care and social assistance was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 38 | $8.6M | $94,250 | 42% |
| 2 | ChoiceOne Bank Bank · Sparta, MI | 8 | $6.6M | $575,950 | 38% |
| 3 | Newtek Bank Bank · Miami, FL | 8 | $795K | $70,000 | 12% |
| 4 | Independent Bank Bank · Grand Rapids, MI | 4 | $2.8M | $717,500 | 75% |
| 5 | JPMorgan Chase Bank Bank · Columbus, OH | 4 | $1.2M | $275,000 | 0% |
| 6 | Oxford Bank Bank · Oxford, MI | 4 | $909K | $244,650 | 100% |
| 7 | Fifth Third Bank Bank · Cincinnati, OH | 4 | $634K | $154,500 | 0% |
| 8 | Michigan Certified Development Certified development company · East Lansing, MI | 3 | $6.4M | $1,879,000 | 33% |
| 9 | KeyBank Bank · Cleveland, OH | 3 | $4.5M | $700,000 | 67% |
| 10 | Live Oak Banking Bank · Wilmington, NC | 3 | $3.8M | $775,000 | 0% |
| 11 | First Internet Bank of Indiana Bank · Fishers, IN | 3 | $3.4M | $982,000 | 100% |
| 12 | CIBC Bank USA Bank · Chicago, IL | 3 | $1.1M | $382,000 | 33% |
| 13 | Byline Bank Bank · Chicago, IL | 2 | $3.2M | $1,590,000 | 0% |
| 14 | United Midwest Savings Bank Bank · Degraff, OH | 2 | $1.9M | $944,500 | 50% |
| 15 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 2 | $458K | $228,750 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Health care and social assistance | 18 | $275,000 | Newtek Bank | |
| Professional and technical services | 13 | $134,000 | Huntington National Bank | |
| Other services (repair, personal care) | 13 | $150,000 | Huntington National Bank | |
| Retail | 13 | $105,000 | Huntington National Bank | |
| Construction | 12 | $100,000 | Huntington National Bank | |
| Restaurants and hotels | 9 | $450,000 | Huntington National Bank | |
| Manufacturing | 5 | $982,000 | ChoiceOne Bank | |
| Administrative and support services | 4 | $177,000 | Old National Bank |