196 SBA loans worth $53.1M went to businesses in Dearborn, MI between October 2021 and June 2026, from 29 lenders. Huntington National Bank made the most, 122 loans. The median loan was $89,000, compared with $150,000 across Michigan, and transportation and warehousing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 122 | $15.9M | $50,000 | 27% |
| 2 | Newtek Bank Bank · Miami, FL | 9 | $2.3M | $75,000 | 11% |
| 3 | Northeast Bank Bank · Portland, ME | 9 | $1.8M | $250,000 | 0% |
| 4 | Fifth Third Bank Bank · Cincinnati, OH | 8 | $5.6M | $150,000 | 12% |
| 5 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 7 | $814K | $72,000 | 29% |
| 6 | Bank of America Bank · Charlotte, NC | 4 | $772K | $203,050 | 50% |
| 7 | BayFirst National Bank Bank · St. Petersburg, FL | 4 | $479K | $120,500 | 0% |
| 8 | JPMorgan Chase Bank Bank · Columbus, OH | 4 | $290K | $65,000 | 0% |
| 9 | ChoiceOne Bank Bank · Sparta, MI | 3 | $1.2M | $402,200 | 67% |
| 10 | Byline Bank Bank · Chicago, IL | 2 | $2.8M | $1,400,000 | 100% |
| 11 | Great Lakes Commercial Finance Certified development company · Grandville, MI | 2 | $2.0M | $1,008,000 | 0% |
| 12 | United Midwest Savings Bank Bank · Degraff, OH | 2 | $1.7M | $867,500 | 50% |
| 13 | Citizens Bank Bank · Providence, RI | 2 | $929K | $464,500 | 0% |
| 14 | KeyBank Bank · Cleveland, OH | 2 | $682K | $340,850 | 100% |
| 15 | DFCU Financial Credit union · Dearborn, MI | 2 | $518K | $259,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Transportation and warehousing | 50 | $47,650 | Huntington National Bank | |
| Retail | 25 | $150,000 | Huntington National Bank | |
| Other services (repair, personal care) | 23 | $50,000 | Huntington National Bank | |
| Wholesale trade | 21 | $100,000 | Huntington National Bank | |
| Health care and social assistance | 17 | $228,000 | Huntington National Bank | |
| Professional and technical services | 16 | $140,800 | Huntington National Bank | |
| Restaurants and hotels | 15 | $150,000 | Huntington National Bank | |
| Construction | 10 | $120,000 | Huntington National Bank |