25 SBA loans worth $8.3M went to businesses in Cadillac, MI between October 2021 and June 2026, from 10 lenders. Huntington National Bank made the most, 10 loans. The median loan was $150,000, compared with $150,000 across Michigan, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 10 | $2.3M | $80,300 | 20% |
| 2 | Horizon Bank Bank · Michigan City, IN | 7 | $2.2M | $225,000 | 14% |
| 3 | Happen Bank Bank · Lehi, UT | 1 | $2.0M | $1,995,800 | 100% |
| 4 | Great Lakes Commercial Finance Certified development company · Grandville, MI | 1 | $474K | $474,000 | 100% |
| 5 | Lake Michigan CU Credit union · Grand Rapids, MI | 1 | $463K | $463,200 | 100% |
| 6 | TowneBank Bank · Portsmouth, VA | 1 | $337K | $337,000 | 0% |
| 7 | United Midwest Savings Bank Bank · Degraff, OH | 1 | $150K | $150,000 | 100% |
| 8 | Michigan Certified Development Certified development company · East Lansing, MI | 1 | $119K | $119,000 | 0% |
| 9 | Live Oak Banking Bank · Wilmington, NC | 1 | $100K | $100,000 | 0% |
| 10 | JPMorgan Chase Bank Bank · Columbus, OH | 1 | $100K | $100,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 7 | $280,900 | Horizon Bank | |
| Construction | 5 | $100,000 | Horizon Bank | |
| Other services (repair, personal care) | 4 | $346,200 | Huntington National Bank | |
| Manufacturing | 2 | $29,900 | Huntington National Bank | |
| Wholesale trade | 2 | $119,000 | Huntington National Bank | |
| Agriculture, forestry and fishing | 1 | $474,000 | Great Lakes Commercial Finance | |
| Arts, entertainment and recreation | 1 | $150,000 | Huntington National Bank | |
| Education | 1 | $119,000 | Michigan Certified Development |