140 SBA loans worth $52.2M went to businesses in Saginaw, MI between October 2021 and June 2026, from 29 lenders. Huntington National Bank made the most, 78 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 | 78 | $8.8M | $60,000 | 28% |
| 2 | ChoiceOne Bank Bank · Sparta, MI | 11 | $8.8M | $375,000 | 45% |
| 3 | 1st State Bank Bank · Saginaw, MI | 10 | $4.6M | $241,000 | 40% |
| 4 | Wildfire Credit Union Credit union · Saginaw, MI | 4 | $1.8M | $406,300 | 50% |
| 5 | JPMorgan Chase Bank Bank · Columbus, OH | 4 | $638K | $150,000 | 0% |
| 6 | Michigan Certified Development Certified development company · East Lansing, MI | 3 | $2.5M | $698,000 | 67% |
| 7 | Newtek Bank Bank · Miami, FL | 3 | $300K | $100,000 | 0% |
| 8 | Live Oak Banking Bank · Wilmington, NC | 2 | $5.0M | $2,515,000 | 50% |
| 9 | GBank Bank · Las Vegas, NV | 2 | $4.3M | $2,147,500 | 100% |
| 10 | Old National Bank Bank · Evansville, IN | 2 | $2.9M | $1,469,600 | 0% |
| 11 | Celtic Bank Bank · Salt Lake City, UT | 2 | $1.3M | $643,850 | 50% |
| 12 | Frankenmuth Credit Union Credit union · Frankenmuth, MI | 2 | $300K | $150,000 | 100% |
| 13 | Dart Bank Bank · Mason, MI | 1 | $3.7M | $3,725,000 | 100% |
| 14 | Bank of Hope Bank · Los Angeles, CA | 1 | $1.6M | $1,550,000 | 100% |
| 15 | Enterprise Bank & Trust Bank · Clayton, MO | 1 | $1.4M | $1,441,300 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 24 | $345,000 | Huntington National Bank | |
| Construction | 17 | $127,500 | Huntington National Bank | |
| Other services (repair, personal care) | 16 | $50,000 | Huntington National Bank | |
| Health care and social assistance | 15 | $50,000 | Huntington National Bank | |
| Transportation and warehousing | 14 | $77,550 | Huntington National Bank | |
| Manufacturing | 11 | $98,300 | Huntington National Bank | |
| Retail | 11 | $100,000 | Huntington National Bank | |
| Professional and technical services | 8 | $211,100 | Huntington National Bank |