74 SBA loans worth $28.2M went to businesses in Grosse Pointe, MI between October 2021 and June 2026, from 25 lenders. Huntington National Bank made the most, 32 loans. The median loan was $150,000, compared with $150,000 across Michigan, and health care and social assistance was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 32 | $6.8M | $84,500 | 56% |
| 2 | Fifth Third Bank Bank · Cincinnati, OH | 4 | $597K | $170,000 | 25% |
| 3 | Live Oak Banking Bank · Wilmington, NC | 3 | $2.3M | $350,000 | 33% |
| 4 | Bank of America Bank · Charlotte, NC | 3 | $792K | $212,100 | 33% |
| 5 | Newtek Bank Bank · Miami, FL | 3 | $650K | $100,000 | 0% |
| 6 | Northeast Bank Bank · Portland, ME | 3 | $425K | $50,000 | 0% |
| 7 | Community Choice CU Credit union · Farmington Hills, MI | 2 | $1.6M | $800,500 | 0% |
| 8 | Independent Bank Bank · Grand Rapids, MI | 2 | $1.6M | $787,500 | 100% |
| 9 | CRF Small Business Loan Company Non-bank lender · Minneapolis, MN | 2 | $1.1M | $560,000 | 100% |
| 10 | KeyBank Bank · Cleveland, OH | 2 | $1.0M | $500,000 | 100% |
| 11 | PNC Bank Bank · Wilmington, DE | 2 | $480K | $240,000 | 50% |
| 12 | BayFirst National Bank Bank · St. Petersburg, FL | 2 | $300K | $150,000 | 0% |
| 13 | First Merchants Bank Bank · Muncie, IN | 2 | $100K | $50,000 | 0% |
| 14 | Michigan Certified Development Certified development company · East Lansing, MI | 1 | $5.5M | $5,500,000 | 0% |
| 15 | Community Unity Bank Bank · Birmingham, MI | 1 | $1.5M | $1,547,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Health care and social assistance | 10 | $246,000 | Huntington National Bank | |
| Other services (repair, personal care) | 10 | $75,000 | Huntington National Bank | |
| Arts, entertainment and recreation | 9 | $150,000 | Huntington National Bank | |
| Restaurants and hotels | 8 | $350,000 | Huntington National Bank | |
| Retail | 7 | $430,000 | Fifth Third Bank | |
| Professional and technical services | 7 | $350,000 | KeyBank | |
| Construction | 5 | $140,000 | Northeast Bank | |
| Administrative and support services | 4 | $30,000 | Huntington National Bank |