Oxford Bank approved 131 SBA loans worth $57.8M between October 2021 and June 2026, ranking #289 of 2,283 SBA lenders nationally by loan count. Its median loan was $315,000, and 47% went to startups or businesses under two years old. It lent in 4 states, most often in Michigan, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Michigan | 128 | $56.8M | $315,000 | #14 |
| Florida | 1 | $500K | $500,000 | #343 |
| Pennsylvania | 1 | $99K | $99,000 | #234 |
| Tennessee | 1 | $368K | $367,600 | #232 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 38 | $300,750 | |
| Retail | 16 | $350,000 | |
| Construction | 15 | $250,000 | |
| Manufacturing | 11 | $350,000 | |
| Other services (repair, personal care) | 9 | $350,000 | |
| Health care and social assistance | 8 | $140,250 | |
| Professional and technical services | 7 | $200,000 | |
| Arts, entertainment and recreation | 7 | $570,000 | |
| Transportation and warehousing | 5 | $500,000 | |
| Wholesale trade | 5 | $350,000 |