101 SBA loans worth $44.4M went to businesses in Howell, MI between October 2021 and June 2026, from 25 lenders. Huntington National Bank made the most, 46 loans. The median loan was $150,000, 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 | 46 | $8.2M | $72,500 | 28% |
| 2 | ChoiceOne Bank Bank · Sparta, MI | 10 | $2.8M | $271,750 | 30% |
| 3 | Live Oak Banking Bank · Wilmington, NC | 4 | $4.5M | $927,500 | 25% |
| 4 | Michigan Certified Development Certified development company · East Lansing, MI | 4 | $1.7M | $346,500 | 0% |
| 5 | Newtek Bank Bank · Miami, FL | 4 | $720K | $130,000 | 25% |
| 6 | Bank of Ann Arbor Bank · Ann Arbor, MI | 3 | $1.1M | $416,500 | 33% |
| 7 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 3 | $463K | $159,000 | 0% |
| 8 | Northeast Bank Bank · Portland, ME | 3 | $365K | $150,000 | 0% |
| 9 | JPMorgan Chase Bank Bank · Columbus, OH | 3 | $280K | $100,000 | 0% |
| 10 | Old National Bank Bank · Evansville, IN | 2 | $2.6M | $1,302,550 | 0% |
| 11 | Chelsea State Bank Bank · Chelsea, MI | 2 | $2.2M | $1,125,000 | 50% |
| 12 | Independent Bank Bank · Grand Rapids, MI | 2 | $905K | $452,500 | 0% |
| 13 | United Midwest Savings Bank Bank · Degraff, OH | 2 | $300K | $150,000 | 100% |
| 14 | PNC Bank Bank · Wilmington, DE | 2 | $300K | $150,000 | 50% |
| 15 | Byline Bank Bank · Chicago, IL | 1 | $5.0M | $5,000,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 29 | $110,000 | Huntington National Bank | |
| Other services (repair, personal care) | 13 | $150,000 | Huntington National Bank | |
| Retail | 10 | $77,500 | Huntington National Bank | |
| Manufacturing | 9 | $200,000 | Newtek Bank | |
| Arts, entertainment and recreation | 8 | $916,500 | Chelsea State Bank | |
| Restaurants and hotels | 8 | $124,500 | Huntington National Bank | |
| Transportation and warehousing | 7 | $70,000 | Huntington National Bank | |
| Administrative and support services | 5 | $50,000 | Huntington National Bank |