65 SBA loans worth $25.6M went to businesses in St. Clair Shores, MI between October 2021 and June 2026, from 20 lenders. Huntington National Bank made the most, 25 loans. The median loan was $200,000, compared with $150,000 across Michigan, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 25 | $4.8M | $50,000 | 28% |
| 2 | Newtek Bank Bank · Miami, FL | 7 | $7.0M | $900,000 | 14% |
| 3 | Fifth Third Bank Bank · Cincinnati, OH | 6 | $1.1M | $117,000 | 0% |
| 4 | Michigan Certified Development Certified development company · East Lansing, MI | 4 | $2.3M | $495,500 | 25% |
| 5 | Northeast Bank Bank · Portland, ME | 4 | $915K | $278,700 | 0% |
| 6 | Community Choice CU Credit union · Farmington Hills, MI | 2 | $1.6M | $811,400 | 100% |
| 7 | KeyBank Bank · Cleveland, OH | 2 | $689K | $344,500 | 100% |
| 8 | Credit Union One Credit union · Ferndale, MI | 2 | $686K | $343,050 | 0% |
| 9 | Old National Bank Bank · Evansville, IN | 2 | $482K | $241,000 | 0% |
| 10 | Alliance Catholic CU Credit union · Farmington Hills, MI | 1 | $2.2M | $2,200,000 | 0% |
| 11 | Lake Michigan CU Credit union · Grand Rapids, MI | 1 | $1.0M | $1,015,000 | 0% |
| 12 | PNC Bank Bank · Wilmington, DE | 1 | $639K | $639,300 | 0% |
| 13 | Horizon Bank Bank · Michigan City, IN | 1 | $500K | $500,000 | 0% |
| 14 | JPMorgan Chase Bank Bank · Columbus, OH | 1 | $500K | $500,000 | 100% |
| 15 | America First Federal Credit Union Credit union · Riverdale, UT | 1 | $477K | $477,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 13 | $100,000 | Huntington National Bank | |
| Health care and social assistance | 10 | $343,050 | Huntington National Bank | |
| Restaurants and hotels | 7 | $659,000 | Huntington National Bank | |
| Retail | 7 | $100,000 | Readycap Lending | |
| Wholesale trade | 6 | $55,000 | Huntington National Bank | |
| Other services (repair, personal care) | 6 | $275,000 | Huntington National Bank | |
| Professional and technical services | 5 | $1,500,000 | Newtek Bank | |
| Arts, entertainment and recreation | 3 | $200,000 | Huntington National Bank |