32 SBA loans worth $5.2M went to businesses in Washington, MI between October 2021 and June 2026, from 13 lenders. Huntington National Bank made the most, 17 loans. The median loan was $100,000, 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 | 17 | $993K | $50,000 | 29% |
| 2 | Fifth Third Bank Bank · Cincinnati, OH | 3 | $830K | $350,000 | 0% |
| 3 | JPMorgan Chase Bank Bank · Columbus, OH | 2 | $650K | $325,000 | 0% |
| 4 | Bank Five Nine Bank · Oconomowoc, WI | 1 | $648K | $648,000 | 100% |
| 5 | Flagstar Bank Bank · Hicksville, NY | 1 | $492K | $492,000 | 100% |
| 6 | Credit Union One Credit union · Ferndale, MI | 1 | $350K | $350,000 | 100% |
| 7 | University Bank Bank · Ann Arbor, MI | 1 | $315K | $315,000 | 0% |
| 8 | PNC Bank Bank · Wilmington, DE | 1 | $302K | $301,900 | 0% |
| 9 | First State Bank Bank · Eastpointe, MI | 1 | $254K | $254,500 | 100% |
| 10 | Celtic Bank Bank · Salt Lake City, UT | 1 | $150K | $150,000 | 0% |
| 11 | CenTrust Bank, A Division of SmartBiz Bank Bank · Northbrook, IL | 1 | $120K | $120,000 | 0% |
| 12 | Northeast Bank Bank · Portland, ME | 1 | $50K | $50,000 | 0% |
| 13 | First Merchants Bank Bank · Muncie, IN | 1 | $50K | $50,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 5 | $50,000 | Huntington National Bank | |
| Transportation and warehousing | 4 | $27,500 | Huntington National Bank | |
| Retail | 4 | $197,500 | Huntington National Bank | |
| Administrative and support services | 3 | $350,000 | Credit Union One | |
| Professional and technical services | 3 | $150,000 | Fifth Third Bank | |
| Restaurants and hotels | 3 | $50,000 | Huntington National Bank | |
| Manufacturing | 2 | $37,500 | Huntington National Bank | |
| Arts, entertainment and recreation | 2 | $75,000 | Huntington National Bank |