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SBA lenders in Grand Haven, MI

SBA 7(a) and 504 loans to businesses in Grand Haven (Ottawa County), October 2021 to June 30, 2026 · Updated October 15, 2026
66
SBA loans approved
$24.2M
Total approved
$100,000
Median loan
21
Lenders active
32%
To startups

66 SBA loans worth $24.2M went to businesses in Grand Haven, MI between October 2021 and June 2026, from 21 lenders. Huntington National Bank made the most, 34 loans. The median loan was $100,000, compared with $150,000 across Michigan, and health care and social assistance was the most financed industry.

Most active SBA lenders in Grand Haven

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
34$3.6M$50,00024%
2Fifth Third Bank
Bank · Cincinnati, OH
4$1.1M$185,10075%
3ChoiceOne Bank
Bank · Sparta, MI
3$985K$322,9000%
4Bancorp Bank
Bank · Sioux Falls, SD
2$1.4M$710,00050%
5Great Lakes Commercial Finance
Certified development company · Grandville, MI
2$789K$394,5000%
6United Midwest Savings Bank
Bank · Degraff, OH
2$300K$150,000100%
7BayFirst National Bank
Bank · St. Petersburg, FL
2$290K$145,0000%
8Lake Michigan CU
Credit union · Grand Rapids, MI
2$260K$130,20050%
9Lake Trust CU
Credit union · Brighton, MI
2$240K$119,950100%
10BankVista
Bank · Sartell, MN
2$176K$88,0000%
11Readycap Lending
Non-bank lender · Berkeley Heights, NJ
1$3.3M$3,339,0000%
12Independent Bank
Bank · Grand Rapids, MI
1$3.0M$3,000,0000%
13Michigan Certified Development
Certified development company · East Lansing, MI
1$2.6M$2,614,0000%
14Everwise Credit Union
Credit union · South Bend, IN
1$1.9M$1,906,000100%
15West Shore Bank
Bank · Ludington, MI
1$1.8M$1,767,400100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Grand Haven. For 504 loans the lender shown is the certified development company.

What gets financed in Grand Haven

IndustryLoansShareMedian loanMost active lender
Health care and social assistance14
21%
$170,550Huntington National Bank
Professional and technical services11
17%
$65,000Huntington National Bank
Restaurants and hotels11
17%
$100,000Huntington National Bank
Construction8
12%
$150,000Huntington National Bank
Retail8
12%
$74,000Huntington National Bank
Other services (repair, personal care)6
9%
$123,000Huntington National Bank
Arts, entertainment and recreation3
5%
$250,000Huntington National Bank
Manufacturing3
5%
$75,000Huntington National Bank
Loan size mix
  • Under $150,00055%
  • $150,000 to $500,00024%
  • $500,000 to $2 million17%
  • $2 million and up5%
Compared with Michigan
Median loan, Grand Haven
$100,000
Median loan, Michigan
$150,000
Startup share, Grand Haven
32%
Startup share, Michigan
29%
Share of state's SBA loans
0.6%

SBA loans per fiscal year in Grand Haven

0102030FY14: 16 loansFY14FY15: 15 loansFY15FY16: 11 loansFY16FY17: 13 loansFY17FY18: 10 loansFY18FY19: 16 loansFY19FY20: 9 loansFY20FY21: 9 loansFY21FY22: 9 loansFY22FY23: 14 loansFY23FY24: 20 loansFY2420FY25: 8 loansFY25FY26 (Oct to Jun): 15 loansFY2615
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.