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SBA lenders in Sterling Heights, MI

SBA 7(a) and 504 loans to businesses in Sterling Heights (Macomb County), October 2021 to June 30, 2026 · Updated October 15, 2026
188
SBA loans approved
$51.7M
Total approved
$90,000
Median loan
30
Lenders active
20%
To startups

188 SBA loans worth $51.7M went to businesses in Sterling Heights, MI between October 2021 and June 2026, from 30 lenders. Huntington National Bank made the most, 117 loans. The median loan was $90,000, compared with $150,000 across Michigan, and transportation and warehousing was the most financed industry.

Most active SBA lenders in Sterling Heights

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
117$16.7M$58,00020%
2Fifth Third Bank
Bank · Cincinnati, OH
17$8.2M$200,0000%
3Northeast Bank
Bank · Portland, ME
7$1.2M$100,0000%
4Citizens Bank
Bank · Providence, RI
4$2.1M$500,00025%
5Byline Bank
Bank · Chicago, IL
3$2.1M$776,00067%
6Newtek Bank
Bank · Miami, FL
3$1.5M$350,00033%
7Oxford Bank
Bank · Oxford, MI
3$1.4M$500,0000%
8JPMorgan Chase Bank
Bank · Columbus, OH
3$600K$200,0000%
9Michigan Certified Development
Non-bank lender · East Lansing, MI
3$526K$215,8000%
10Bank of Ann Arbor
Bank · Ann Arbor, MI
2$4.1M$2,034,0000%
11KeyBank
Bank · Cleveland, OH
2$1.7M$844,250100%
12First Merchants Bank
Bank · Muncie, IN
2$1.5M$762,50050%
13MI Bank
Bank · Bloomfield Township, MI
2$1.4M$712,50050%
14PNC Bank
Bank · Wilmington, DE
2$125K$62,500100%
15Celtic Bank
Bank · Salt Lake City, UT
2$109K$54,4500%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Sterling Heights. For 504 loans the lender shown is the certified development company.

What gets financed in Sterling Heights

IndustryLoansShareMedian loanMost active lender
Transportation and warehousing63
34%
$59,300Huntington National Bank
Construction23
12%
$100,000Huntington National Bank
Retail22
12%
$180,000Huntington National Bank
Other services (repair, personal care)17
9%
$50,000Huntington National Bank
Restaurants and hotels15
8%
$135,000Huntington National Bank
Health care and social assistance13
7%
$150,000Huntington National Bank
Manufacturing12
6%
$250,000Huntington National Bank
Wholesale trade8
4%
$500,000Fifth Third Bank
Loan size mix
  • Under $150,00064%
  • $150,000 to $500,00020%
  • $500,000 to $2 million14%
  • $2 million and up2%
Compared with Michigan
Median loan, Sterling Heights
$90,000
Median loan, Michigan
$150,000
Startup share, Sterling Heights
20%
Startup share, Michigan
29%
Share of state's SBA loans
1.6%

SBA loans per fiscal year in Sterling Heights

0234770FY14: 68 loansFY1468FY15: 65 loansFY15FY16: 46 loansFY16FY17: 43 loansFY17FY18: 48 loansFY18FY19: 60 loansFY19FY20: 23 loansFY20FY21: 56 loansFY21FY22: 42 loansFY22FY23: 32 loansFY23FY24: 56 loansFY24FY25: 36 loansFY25FY26 (Oct to Jun): 22 loansFY2622
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.