Flagstar Bank approved 39 SBA loans worth $10.8M between October 2021 and June 2026, ranking #640 of 2,283 SBA lenders nationally by loan count. Its median loan was $220,000, and 23% went to startups or businesses under two years old. It lent in 5 states, most often in Michigan, and its most financed industry was other services (repair, personal care).
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Michigan | 27 | $7.6M | $220,000 | #47 |
| Florida | 4 | $684K | $171,000 | #187 |
| California | 4 | $2.1M | $455,250 | #223 |
| Indiana | 3 | $418K | $136,500 | #127 |
| Arizona | 1 | $50K | $50,000 | #200 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Other services (repair, personal care) | 7 | $292,500 | |
| Construction | 6 | $150,000 | |
| Administrative and support services | 6 | $355,750 | |
| Retail | 5 | $220,000 | |
| Manufacturing | 4 | $238,500 | |
| Health care and social assistance | 4 | $179,100 | |
| Professional and technical services | 3 | $315,000 | |
| Arts, entertainment and recreation | 1 | $215,700 | |
| Education | 1 | $100,000 | |
| Restaurants and hotels | 1 | $150,000 |