26 SBA loans worth $4.2M went to businesses in Grayling, MI between October 2021 and June 2026, from 7 lenders. Huntington National Bank made the most, 18 loans. The median loan was $67,500, 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 | 18 | $1.2M | $43,100 | 22% |
| 2 | Citizens National Bank of Cheboygan Bank · Cheboygan, MI | 2 | $2.1M | $1,048,400 | 0% |
| 3 | Horizon Bank Bank · Michigan City, IN | 2 | $225K | $112,500 | 0% |
| 4 | Harvest Small Business Finance Non-bank lender · Laguna Hills, CA | 1 | $298K | $297,500 | 0% |
| 5 | Michigan Certified Development Certified development company · East Lansing, MI | 1 | $266K | $266,000 | 100% |
| 6 | Northeast Bank Bank · Portland, ME | 1 | $50K | $50,000 | 0% |
| 7 | PNC Bank Bank · Wilmington, DE | 1 | $25K | $25,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 6 | $40,000 | Huntington National Bank | |
| Manufacturing | 4 | $30,600 | Huntington National Bank | |
| Administrative and support services | 3 | $25,000 | Huntington National Bank | |
| Other services (repair, personal care) | 3 | $996,800 | Citizens National Bank of Cheboygan | |
| Information and media | 3 | $75,000 | Horizon Bank | |
| Retail | 2 | $161,250 | Harvest Small Business Finance | |
| Construction | 2 | $87,500 | Huntington National Bank | |
| Wholesale trade | 2 | $77,500 | Huntington National Bank |