92 SBA loans worth $42.0M went to businesses in Waterford, MI between October 2021 and June 2026, from 28 lenders. Huntington National Bank made the most, 40 loans. The median loan was $142,500, compared with $150,000 across Michigan, and other services (repair, personal care) was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 40 | $5.2M | $50,500 | 22% |
| 2 | Fifth Third Bank Bank · Cincinnati, OH | 6 | $2.9M | $241,500 | 50% |
| 3 | Newtek Bank Bank · Miami, FL | 5 | $768K | $125,000 | 0% |
| 4 | JPMorgan Chase Bank Bank · Columbus, OH | 4 | $1.4M | $377,500 | 0% |
| 5 | Bank Michigan Bank · Brooklyn, MI | 3 | $5.7M | $794,500 | 0% |
| 6 | KeyBank Bank · Cleveland, OH | 3 | $3.2M | $500,000 | 67% |
| 7 | Oxford Bank Bank · Oxford, MI | 3 | $1.2M | $300,000 | 0% |
| 8 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 3 | $450K | $150,000 | 33% |
| 9 | Michigan Certified Development Certified development company · East Lansing, MI | 2 | $3.3M | $1,669,000 | 50% |
| 10 | Oakland County Business Finance Certified development company · Waterford, MI | 2 | $2.4M | $1,209,000 | 0% |
| 11 | Great Lakes Commercial Finance Certified development company · Grandville, MI | 2 | $643K | $321,500 | 0% |
| 12 | ChoiceOne Bank Bank · Sparta, MI | 2 | $433K | $216,600 | 50% |
| 13 | First Merchants Bank Bank · Muncie, IN | 2 | $100K | $50,000 | 0% |
| 14 | Horizon Bank Bank · Michigan City, IN | 1 | $4.3M | $4,274,700 | 0% |
| 15 | Shoreham Bank Bank · Warwick, RI | 1 | $2.1M | $2,130,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Other services (repair, personal care) | 14 | $126,000 | Huntington National Bank | |
| Retail | 14 | $264,600 | Huntington National Bank | |
| Construction | 13 | $110,000 | Huntington National Bank | |
| Health care and social assistance | 12 | $125,000 | Huntington National Bank | |
| Restaurants and hotels | 8 | $202,000 | Huntington National Bank | |
| Professional and technical services | 7 | $75,000 | Huntington National Bank | |
| Administrative and support services | 7 | $500,000 | KeyBank | |
| Arts, entertainment and recreation | 5 | $375,000 | Fifth Third Bank |