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SBA lenders in Taylor, MI

SBA 7(a) and 504 loans to businesses in Taylor (Wayne County), October 2021 to June 30, 2026 · Updated October 15, 2026
44
SBA loans approved
$28.6M
Total approved
$200,000
Median loan
21
Lenders active
27%
To startups

44 SBA loans worth $28.6M went to businesses in Taylor, MI between October 2021 and June 2026, from 21 lenders. Huntington National Bank made the most, 14 loans. The median loan was $200,000, compared with $150,000 across Michigan, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Taylor

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
14$4.0M$32,50029%
2Newtek Bank
Bank · Miami, FL
4$582K$129,20025%
3Live Oak Banking
Bank · Wilmington, NC
3$1.9M$350,0000%
4Independent Bank
Bank · Grand Rapids, MI
2$3.7M$1,831,1500%
5Michigan Certified Development
Certified development company · East Lansing, MI
2$2.8M$1,380,0000%
6Newtek Small Business Finance
Non-bank lender · Lake Success, NY
2$2.5M$1,275,0000%
7Fifth Third Bank
Bank · Cincinnati, OH
2$1.1M$544,5000%
8Colony Bank
Bank · Fitzgerald, GA
2$738K$369,000100%
9First Utah Bank
Bank · Salt Lake City, UT
1$5.0M$5,000,0000%
1022nd State Bank, A Division of 22nd State Banking
Bank · Mobile, AL
1$1.9M$1,911,000100%
11Bank of Hope
Bank · Los Angeles, CA
1$1.3M$1,275,0000%
12Heritage Bank
Bank · Burlington, KY
1$1.1M$1,053,0000%
13Wilmington Savings Fund Society FSB
Bank · Wilmington, DE
1$690K$690,000100%
14PNC Bank
Bank · Wilmington, DE
1$320K$320,000100%
15Stone Bank
Bank · Mountain View, AR
1$200K$200,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Taylor. For 504 loans the lender shown is the certified development company.

What gets financed in Taylor

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels9
20%
$313,000Huntington National Bank
Construction6
14%
$200,000Live Oak Banking
Retail6
14%
$275,000Huntington National Bank
Other services (repair, personal care)5
11%
$320,000Newtek Bank
Wholesale trade4
9%
$1,012,500Huntington National Bank
Manufacturing4
9%
$1,380,000Michigan Certified Development
Professional and technical services3
7%
$83,400Newtek Bank
Administrative and support services3
7%
$15,000Huntington National Bank
Loan size mix
  • Under $150,00036%
  • $150,000 to $500,00034%
  • $500,000 to $2 million20%
  • $2 million and up9%
Compared with Michigan
Median loan, Taylor
$200,000
Median loan, Michigan
$150,000
Startup share, Taylor
27%
Startup share, Michigan
29%
Share of state's SBA loans
0.4%

SBA loans per fiscal year in Taylor

071320FY14: 14 loansFY14FY15: 13 loansFY15FY16: 15 loansFY16FY17: 19 loansFY1719FY18: 11 loansFY18FY19: 6 loansFY19FY20: 9 loansFY20FY21: 8 loansFY21FY22: 5 loansFY22FY23: 12 loansFY23FY24: 9 loansFY24FY25: 10 loansFY25FY26 (Oct to Jun): 8 loansFY268
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.