31 SBA loans worth $12.8M went to businesses in Allendale, MI between October 2021 and June 2026, from 11 lenders. Huntington National Bank made the most, 19 loans. The median loan was $100,000, compared with $150,000 across Michigan, and professional and technical services was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 19 | $5.1M | $70,000 | 16% |
| 2 | Macatawa Bank Bank · Holland, MI | 2 | $1.4M | $680,000 | 0% |
| 3 | Great Lakes Commercial Finance Certified development company · Grandville, MI | 2 | $730K | $365,000 | 0% |
| 4 | 1st Financial Bank USA Bank · Dakota Dunes, SD | 1 | $4.4M | $4,400,000 | 0% |
| 5 | Northeast Bank Bank · Portland, ME | 1 | $350K | $350,000 | 100% |
| 6 | United Midwest Savings Bank Bank · Degraff, OH | 1 | $300K | $300,000 | 100% |
| 7 | Lake Michigan CU Credit union · Grand Rapids, MI | 1 | $219K | $218,700 | 0% |
| 8 | PNC Bank Bank · Wilmington, DE | 1 | $150K | $150,000 | 0% |
| 9 | Michigan Certified Development Certified development company · East Lansing, MI | 1 | $139K | $139,000 | 0% |
| 10 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $24K | $24,500 | 0% |
| 11 | Newtek Bank Bank · Miami, FL | 1 | $18K | $18,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Professional and technical services | 9 | $100,000 | Huntington National Bank | |
| Administrative and support services | 6 | $22,000 | Huntington National Bank | |
| Construction | 6 | $145,000 | Huntington National Bank | |
| Manufacturing | 2 | $162,000 | Huntington National Bank | |
| Health care and social assistance | 2 | $1,694,600 | Great Lakes Commercial Finance | |
| Other services (repair, personal care) | 2 | $144,350 | Lake Michigan CU | |
| Wholesale trade | 2 | $200,000 | Huntington National Bank | |
| Real estate and rental | 1 | $139,000 | Michigan Certified Development |