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SBA lenders in Ypsilanti, MI

SBA 7(a) and 504 loans to businesses in Ypsilanti (Washtenaw County), October 2021 to June 30, 2026 · Updated October 16, 2026
72
SBA loans approved
$28.0M
Total approved
$107,500
Median loan
25
Lenders active
39%
To startups

72 SBA loans worth $28.0M went to businesses in Ypsilanti, MI between October 2021 and June 2026, from 25 lenders. Huntington National Bank made the most, 28 loans. The median loan was $107,500, compared with $150,000 across Michigan, and retail was the most financed industry.

Most active SBA lenders in Ypsilanti

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
28$2.2M$50,00032%
2First Internet Bank of Indiana
Bank · Fishers, IN
5$7.4M$1,350,000100%
3KeyBank
Bank · Cleveland, OH
4$4.6M$70,00075%
4Fifth Third Bank
Bank · Cincinnati, OH
4$2.2M$142,50050%
5Readycap Lending
Non-bank lender · Berkeley Heights, NJ
4$380K$50,0000%
6Northeast Bank
Bank · Portland, ME
3$586K$150,0000%
7Bank of Ann Arbor
Bank · Ann Arbor, MI
2$1.2M$623,55050%
8Chelsea State Bank
Bank · Chelsea, MI
2$818K$409,15050%
9Bank Michigan
Bank · Brooklyn, MI
2$588K$293,75050%
10United Midwest Savings Bank
Bank · Degraff, OH
2$250K$125,000100%
11PNC Bank
Bank · Wilmington, DE
2$40K$20,0000%
12Colony Bank
Bank · Fitzgerald, GA
1$1.4M$1,353,6000%
13Oxford Bank
Bank · Oxford, MI
1$1.0M$1,017,500100%
14Newtek Small Business Finance
Non-bank lender · Lake Success, NY
1$1.0M$1,000,0000%
15University Bank
Bank · Ann Arbor, MI
1$972K$972,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Ypsilanti. For 504 loans the lender shown is the certified development company.

What gets financed in Ypsilanti

IndustryLoansShareMedian loanMost active lender
Retail16
22%
$714,000First Internet Bank of Indiana
Construction11
15%
$100,000Huntington National Bank
Health care and social assistance10
14%
$57,500Huntington National Bank
Other services (repair, personal care)7
10%
$50,000Huntington National Bank
Transportation and warehousing6
8%
$63,500Huntington National Bank
Administrative and support services6
8%
$85,600Huntington National Bank
Restaurants and hotels5
7%
$125,000Huntington National Bank
Manufacturing3
4%
$237,500Huntington National Bank
Loan size mix
  • Under $150,00056%
  • $150,000 to $500,00025%
  • $500,000 to $2 million15%
  • $2 million and up4%
Compared with Michigan
Median loan, Ypsilanti
$107,500
Median loan, Michigan
$150,000
Startup share, Ypsilanti
39%
Startup share, Michigan
29%
Share of state's SBA loans
0.6%

SBA loans per fiscal year in Ypsilanti

0102030FY14: 4 loansFY14FY15: 18 loansFY15FY16: 13 loansFY16FY17: 11 loansFY17FY18: 9 loansFY18FY19: 11 loansFY19FY20: 14 loansFY20FY21: 6 loansFY21FY22: 15 loansFY22FY23: 16 loansFY23FY24: 21 loansFY2421FY25: 13 loansFY25FY26 (Oct to Jun): 7 loansFY267
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.