50 SBA loans worth $20.4M went to businesses in Rockford, MI between October 2021 and June 2026, from 16 lenders. Huntington National Bank made the most, 24 loans. The median loan was $111,000, 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 | 24 | $3.3M | $100,000 | 38% |
| 2 | Northeast Bank Bank · Portland, ME | 8 | $635K | $40,750 | 12% |
| 3 | JPMorgan Chase Bank Bank · Columbus, OH | 3 | $773K | $350,000 | 0% |
| 4 | Lake Michigan CU Credit union · Grand Rapids, MI | 2 | $2.2M | $1,114,000 | 0% |
| 5 | KeyBank Bank · Cleveland, OH | 2 | $1.7M | $863,400 | 100% |
| 6 | Fifth Third Bank Bank · Cincinnati, OH | 1 | $3.5M | $3,486,000 | 0% |
| 7 | First Internet Bank of Indiana Bank · Fishers, IN | 1 | $2.4M | $2,371,000 | 100% |
| 8 | Newtek Bank Bank · Miami, FL | 1 | $2.0M | $2,000,000 | 0% |
| 9 | ChoiceOne Bank Bank · Sparta, MI | 1 | $1.8M | $1,807,600 | 0% |
| 10 | Everwise Credit Union Credit union · South Bend, IN | 1 | $1.0M | $1,032,000 | 0% |
| 11 | First National Bank of Michigan Bank · Kalamazoo, MI | 1 | $610K | $610,000 | 100% |
| 12 | United Midwest Savings Bank Bank · Degraff, OH | 1 | $150K | $150,000 | 100% |
| 13 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $107K | $107,000 | 0% |
| 14 | Horizon Bank Bank · Michigan City, IN | 1 | $100K | $100,000 | 100% |
| 15 | CDC Small Business Finance Non-bank lender · San Diego, CA | 1 | $40K | $40,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 15 | $150,000 | Huntington National Bank | |
| Manufacturing | 7 | $190,000 | Northeast Bank | |
| Restaurants and hotels | 6 | $551,650 | Huntington National Bank | |
| Transportation and warehousing | 5 | $50,000 | Huntington National Bank | |
| Administrative and support services | 4 | $103,500 | Huntington National Bank | |
| Retail | 4 | $78,250 | Northeast Bank | |
| Other services (repair, personal care) | 2 | $27,500 | PNC Bank | |
| Arts, entertainment and recreation | 2 | $30,000 | Huntington National Bank |