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SBA lenders in Lansing, MI

SBA 7(a) and 504 loans to businesses in Lansing (Ingham County), October 2021 to June 30, 2026 · Updated October 15, 2026
173
SBA loans approved
$69.0M
Total approved
$150,000
Median loan
32
Lenders active
34%
To startups

173 SBA loans worth $69.0M went to businesses in Lansing, MI between October 2021 and June 2026, from 32 lenders. Huntington National Bank made the most, 78 loans. The median loan was $150,000, compared with $150,000 across Michigan, and transportation and warehousing was the most financed industry.

Most active SBA lenders in Lansing

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
78$8.2M$56,00031%
2Michigan Certified Development
Certified development company · East Lansing, MI
17$11.6M$384,00018%
3ChoiceOne Bank
Bank · Sparta, MI
10$3.4M$254,50030%
4Fifth Third Bank
Bank · Cincinnati, OH
8$2.3M$275,00038%
5Lake Trust CU
Credit union · Brighton, MI
6$2.6M$249,30067%
6CASE CU
Credit union · Lansing, MI
6$2.4M$450,00050%
7Northeast Bank
Bank · Portland, ME
5$858K$150,00020%
8Readycap Lending
Non-bank lender · Berkeley Heights, NJ
4$4.8M$87,50050%
9PNC Bank
Bank · Wilmington, DE
4$898K$112,50075%
10LAF CU
Credit union · Lansing, MI
3$1.4M$477,50067%
11Capitol National Bank
Bank · Lansing, MI
3$996K$350,0000%
12Michigan State University Federal Credit Union
Credit union · East Lansing, MI
3$815K$254,0000%
13Independent Bank
Bank · Grand Rapids, MI
2$5.2M$2,625,00050%
14United Midwest Savings Bank
Bank · Degraff, OH
2$2.1M$1,048,5000%
15ACC Capital
Non-bank lender · Little Rock, AR
2$1.5M$747,5000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Lansing. For 504 loans the lender shown is the certified development company.

What gets financed in Lansing

IndustryLoansShareMedian loanMost active lender
Transportation and warehousing37
21%
$54,700Huntington National Bank
Restaurants and hotels26
15%
$513,600Huntington National Bank
Construction22
13%
$219,000Huntington National Bank
Manufacturing15
9%
$120,600Huntington National Bank
Retail13
8%
$234,000Huntington National Bank
Health care and social assistance12
7%
$341,500Michigan Certified Development
Other services (repair, personal care)11
6%
$156,000Michigan Certified Development
Professional and technical services9
5%
$155,700ChoiceOne Bank
Loan size mix
  • Under $150,00048%
  • $150,000 to $500,00032%
  • $500,000 to $2 million16%
  • $2 million and up3%
Compared with Michigan
Median loan, Lansing
$150,000
Median loan, Michigan
$150,000
Startup share, Lansing
34%
Startup share, Michigan
29%
Share of state's SBA loans
1.5%

SBA loans per fiscal year in Lansing

0204060FY14: 44 loansFY14FY15: 53 loansFY1553FY16: 51 loansFY16FY17: 41 loansFY17FY18: 36 loansFY18FY19: 40 loansFY19FY20: 24 loansFY20FY21: 29 loansFY21FY22: 42 loansFY22FY23: 34 loansFY23FY24: 41 loansFY24FY25: 40 loansFY25FY26 (Oct to Jun): 16 loansFY2616
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.