43 SBA loans worth $6.2M went to businesses in Caledonia, MI between October 2021 and June 2026, from 13 lenders. Huntington National Bank made the most, 26 loans. The median loan was $100,000, compared with $150,000 across Michigan, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 26 | $2.8M | $99,500 | 8% |
| 2 | Northeast Bank Bank · Portland, ME | 3 | $193K | $50,000 | 0% |
| 3 | Live Oak Banking Bank · Wilmington, NC | 2 | $763K | $381,500 | 0% |
| 4 | Highpoint Community Bank Bank · Hastings, MI | 2 | $610K | $305,000 | 0% |
| 5 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 2 | $100K | $50,000 | 0% |
| 6 | Byline Bank Bank · Chicago, IL | 1 | $600K | $600,000 | 0% |
| 7 | Great Lakes Commercial Finance Certified development company · Grandville, MI | 1 | $310K | $310,000 | 0% |
| 8 | CDC Small Business Finance Non-bank lender · San Diego, CA | 1 | $235K | $235,000 | 100% |
| 9 | United Midwest Savings Bank Bank · Degraff, OH | 1 | $150K | $150,000 | 100% |
| 10 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $150K | $150,000 | 0% |
| 11 | Celtic Bank Bank · Salt Lake City, UT | 1 | $150K | $150,000 | 0% |
| 12 | First National Bank of Michigan Bank · Kalamazoo, MI | 1 | $100K | $100,000 | 0% |
| 13 | Horizon Bank Bank · Michigan City, IN | 1 | $55K | $55,100 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 13 | $150,000 | Huntington National Bank | |
| Transportation and warehousing | 7 | $70,300 | Huntington National Bank | |
| Manufacturing | 7 | $100,000 | Huntington National Bank | |
| Administrative and support services | 4 | $50,000 | Huntington National Bank | |
| Professional and technical services | 3 | $50,000 | Huntington National Bank | |
| Retail | 2 | $124,500 | Huntington National Bank | |
| Health care and social assistance | 2 | $182,500 | Huntington National Bank | |
| Other services (repair, personal care) | 2 | $75,000 | Huntington National Bank |