39 SBA loans worth $10.2M went to businesses in South Lyon, MI between October 2021 and June 2026, from 14 lenders. Huntington National Bank made the most, 20 loans. The median loan was $76,000, compared with $150,000 across Michigan, and professional and technical services was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 20 | $1.6M | $36,000 | 20% |
| 2 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 3 | $1.7M | $500,000 | 33% |
| 3 | Newtek Bank Bank · Miami, FL | 2 | $2.2M | $1,125,000 | 0% |
| 4 | Oxford Bank Bank · Oxford, MI | 2 | $1.4M | $686,800 | 100% |
| 5 | PNC Bank Bank · Wilmington, DE | 2 | $100K | $50,000 | 50% |
| 6 | KeyBank Bank · Cleveland, OH | 2 | $72K | $35,800 | 50% |
| 7 | First Internet Bank of Indiana Bank · Fishers, IN | 1 | $1.7M | $1,680,000 | 0% |
| 8 | Bank of Ann Arbor Bank · Ann Arbor, MI | 1 | $562K | $562,000 | 0% |
| 9 | Horizon Bank Bank · Michigan City, IN | 1 | $500K | $500,000 | 0% |
| 10 | CDC Small Business Finance Non-bank lender · San Diego, CA | 1 | $125K | $125,000 | 0% |
| 11 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 1 | $50K | $50,000 | 0% |
| 12 | University Bank Bank · Ann Arbor, MI | 1 | $50K | $50,000 | 100% |
| 13 | Fifth Third Bank Bank · Cincinnati, OH | 1 | $50K | $50,000 | 0% |
| 14 | Northeast Bank Bank · Portland, ME | 1 | $19K | $19,200 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Professional and technical services | 9 | $76,000 | Huntington National Bank | |
| Construction | 5 | $100,000 | Huntington National Bank | |
| Transportation and warehousing | 4 | $25,000 | Huntington National Bank | |
| Arts, entertainment and recreation | 4 | $670,000 | Oxford Bank | |
| Retail | 3 | $150,000 | Huntington National Bank | |
| Restaurants and hotels | 3 | $46,600 | KeyBank | |
| Real estate and rental | 2 | $18,000 | Huntington National Bank | |
| Education | 2 | $101,650 | Huntington National Bank |