25 SBA loans worth $13.0M went to businesses in South Haven, MI between October 2021 and June 2026, from 11 lenders. Huntington National Bank made the most, 10 loans. The median loan was $210,000, 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 | 10 | $3.5M | $90,750 | 10% |
| 2 | Great Lakes Commercial Finance Certified development company · Grandville, MI | 3 | $1.6M | $290,000 | 67% |
| 3 | Fifth Third Bank Bank · Cincinnati, OH | 2 | $5.0M | $2,475,000 | 0% |
| 4 | Horizon Bank Bank · Michigan City, IN | 2 | $500K | $250,000 | 50% |
| 5 | 1st Source Bank Bank · South Bend, IN | 2 | $500K | $250,000 | 0% |
| 6 | Live Oak Banking Bank · Wilmington, NC | 1 | $675K | $675,000 | 0% |
| 7 | Hinsdale Bank & Trust Company Bank · Hinsdale, IL | 1 | $475K | $475,000 | 0% |
| 8 | Capitol National Bank Bank · Lansing, MI | 1 | $350K | $350,000 | 100% |
| 9 | Michigan Certified Development Certified development company · East Lansing, MI | 1 | $210K | $210,000 | 100% |
| 10 | Honor CU Credit union · Berrien Springs, MI | 1 | $199K | $198,800 | 0% |
| 11 | Northeast Bank Bank · Portland, ME | 1 | $50K | $50,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 7 | $290,000 | Great Lakes Commercial Finance | |
| Retail | 7 | $71,800 | Huntington National Bank | |
| Wholesale trade | 5 | $300,000 | Fifth Third Bank | |
| Arts, entertainment and recreation | 3 | $400,000 | Huntington National Bank | |
| Health care and social assistance | 1 | $89,000 | Huntington National Bank | |
| Manufacturing | 1 | $92,500 | Huntington National Bank | |
| Other services (repair, personal care) | 1 | $198,800 | Honor CU |