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SBA lenders in Ann Arbor, MI

SBA 7(a) and 504 loans to businesses in Ann Arbor (Washtenaw County), October 2021 to June 30, 2026 · Updated October 15, 2026
204
SBA loans approved
$101.3M
Total approved
$189,500
Median loan
52
Lenders active
35%
To startups

204 SBA loans worth $101.3M went to businesses in Ann Arbor, MI between October 2021 and June 2026, from 52 lenders. Huntington National Bank made the most, 75 loans. The median loan was $189,500, compared with $150,000 across Michigan, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Ann Arbor

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
75$16.6M$50,00033%
2Fifth Third Bank
Bank · Cincinnati, OH
9$7.1M$100,00022%
3Michigan Certified Development
Certified development company · East Lansing, MI
9$6.7M$477,00033%
4Bank Michigan
Bank · Brooklyn, MI
8$7.7M$316,10025%
5Live Oak Banking
Bank · Wilmington, NC
7$9.0M$500,00029%
6JPMorgan Chase Bank
Bank · Columbus, OH
7$1.6M$190,00029%
7First Internet Bank of Indiana
Bank · Fishers, IN
5$5.7M$1,202,00020%
8First Merchants Bank
Bank · Muncie, IN
5$350K$50,0000%
9Old National Bank
Bank · Evansville, IN
4$4.7M$538,55025%
10Chelsea State Bank
Bank · Chelsea, MI
4$3.3M$526,8000%
11Oxford Bank
Bank · Oxford, MI
4$1.4M$307,50050%
12University Bank
Bank · Ann Arbor, MI
4$1.4M$175,0000%
13Newtek Bank
Bank · Miami, FL
4$760K$150,0000%
14Northeast Bank
Bank · Portland, ME
4$532K$67,5000%
15Great Lakes Commercial Finance
Certified development company · Grandville, MI
3$4.4M$1,113,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Ann Arbor. For 504 loans the lender shown is the certified development company.

What gets financed in Ann Arbor

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels33
16%
$300,000Huntington National Bank
Construction28
14%
$100,000Huntington National Bank
Health care and social assistance25
12%
$100,000Huntington National Bank
Retail24
12%
$150,000Huntington National Bank
Professional and technical services19
9%
$189,000Newtek Bank
Other services (repair, personal care)17
8%
$200,000Huntington National Bank
Arts, entertainment and recreation15
7%
$400,000Huntington National Bank
Transportation and warehousing12
6%
$74,400Huntington National Bank
Loan size mix
  • Under $150,00045%
  • $150,000 to $500,00030%
  • $500,000 to $2 million18%
  • $2 million and up6%
Compared with Michigan
Median loan, Ann Arbor
$189,500
Median loan, Michigan
$150,000
Startup share, Ann Arbor
35%
Startup share, Michigan
29%
Share of state's SBA loans
1.8%

SBA loans per fiscal year in Ann Arbor

0234770FY14: 41 loansFY14FY15: 34 loansFY15FY16: 54 loansFY16FY17: 32 loansFY17FY18: 36 loansFY18FY19: 37 loansFY19FY20: 29 loansFY20FY21: 30 loansFY21FY22: 30 loansFY22FY23: 44 loansFY23FY24: 60 loansFY2460FY25: 43 loansFY25FY26 (Oct to Jun): 27 loansFY2627
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.