30 SBA loans worth $13.1M went to businesses in St. Joseph, MI between October 2021 and June 2026, from 14 lenders. Huntington National Bank made the most, 13 loans. The median loan was $192,500, 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 | 13 | $3.3M | $105,100 | 23% |
| 2 | Millennium Bank Bank · Des Plaines, IL | 2 | $2.5M | $1,268,750 | 0% |
| 3 | Byline Bank Bank · Chicago, IL | 2 | $2.0M | $976,000 | 50% |
| 4 | Newtek Bank Bank · Miami, FL | 2 | $650K | $325,000 | 0% |
| 5 | United FCU Credit union · St. Joseph, MI | 2 | $458K | $228,900 | 100% |
| 6 | Celtic Bank Bank · Salt Lake City, UT | 1 | $1.6M | $1,595,000 | 100% |
| 7 | Business Development Corporation (BDC) Certified development company · South Bend, IN | 1 | $1.2M | $1,171,000 | 0% |
| 8 | Omni Community Credit Union Credit union · Battle Creek, MI | 1 | $580K | $580,000 | 0% |
| 9 | Horizon Bank Bank · Michigan City, IN | 1 | $250K | $250,000 | 0% |
| 10 | Northeast Bank Bank · Portland, ME | 1 | $202K | $202,000 | 0% |
| 11 | CDC Small Business Finance Non-bank lender · San Diego, CA | 1 | $130K | $130,000 | 100% |
| 12 | JPMorgan Chase Bank Bank · Columbus, OH | 1 | $100K | $100,000 | 0% |
| 13 | 1st Source Bank Bank · South Bend, IN | 1 | $100K | $100,000 | 100% |
| 14 | Fifth Third Bank Bank · Cincinnati, OH | 1 | $98K | $98,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Retail | 5 | $202,000 | Byline Bank | |
| Manufacturing | 5 | $350,000 | Huntington National Bank | |
| Health care and social assistance | 5 | $104,000 | Newtek Bank | |
| Construction | 4 | $174,500 | Huntington National Bank | |
| Real estate and rental | 2 | $863,600 | Huntington National Bank | |
| Restaurants and hotels | 2 | $1,268,750 | Millennium Bank | |
| Professional and technical services | 2 | $67,550 | Huntington National Bank | |
| Transportation and warehousing | 2 | $115,000 | CDC Small Business Finance |