124 SBA loans worth $58.2M went to businesses in Muskegon, MI between October 2021 and June 2026, from 29 lenders. Huntington National Bank made the most, 54 loans. The median loan was $184,650, compared with $150,000 across Michigan, and retail was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 54 | $11.8M | $50,000 | 19% |
| 2 | Michigan Certified Development Certified development company · East Lansing, MI | 9 | $8.8M | $928,000 | 22% |
| 3 | Great Lakes Commercial Finance Certified development company · Grandville, MI | 6 | $4.8M | $327,000 | 33% |
| 4 | West Shore Bank Bank · Ludington, MI | 5 | $1.8M | $308,700 | 20% |
| 5 | Fifth Third Bank Bank · Cincinnati, OH | 5 | $1.2M | $242,800 | 20% |
| 6 | Celtic Bank Bank · Salt Lake City, UT | 4 | $6.6M | $1,831,250 | 0% |
| 7 | Old National Bank Bank · Evansville, IN | 4 | $2.3M | $150,000 | 25% |
| 8 | ChoiceOne Bank Bank · Sparta, MI | 4 | $1.2M | $322,550 | 50% |
| 9 | Independent Bank Bank · Grand Rapids, MI | 3 | $3.0M | $200,000 | 33% |
| 10 | Lake Michigan CU Credit union · Grand Rapids, MI | 3 | $943K | $210,600 | 33% |
| 11 | Newtek Bank Bank · Miami, FL | 3 | $725K | $150,000 | 33% |
| 12 | Live Oak Banking Bank · Wilmington, NC | 2 | $3.6M | $1,825,000 | 0% |
| 13 | PNC Bank Bank · Wilmington, DE | 2 | $456K | $228,250 | 50% |
| 14 | Byline Bank Bank · Chicago, IL | 2 | $303K | $151,500 | 50% |
| 15 | 4Front Credit Union Credit union · Traverse City, MI | 2 | $262K | $131,250 | 50% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Retail | 23 | $315,000 | Huntington National Bank | |
| Construction | 16 | $230,300 | Huntington National Bank | |
| Other services (repair, personal care) | 15 | $208,000 | Huntington National Bank | |
| Manufacturing | 14 | $287,500 | Huntington National Bank | |
| Restaurants and hotels | 13 | $150,000 | Huntington National Bank | |
| Health care and social assistance | 10 | $175,500 | Huntington National Bank | |
| Professional and technical services | 8 | $234,250 | Huntington National Bank | |
| Administrative and support services | 6 | $54,350 | Huntington National Bank |