26 SBA loans worth $12.4M went to businesses in St. Johns, MI between October 2021 and June 2026, from 6 lenders. Huntington National Bank made the most, 20 loans. The median loan was $100,000, 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 | 20 | $1.8M | $53,200 | 30% |
| 2 | Merchants Bank of Indiana Bank · Carmel, IN | 2 | $4.7M | $2,331,600 | 0% |
| 3 | Bank Five Nine Bank · Oconomowoc, WI | 1 | $4.9M | $4,855,000 | 100% |
| 4 | TowneBank Bank · Portsmouth, VA | 1 | $435K | $435,000 | 0% |
| 5 | Capitol National Bank Bank · Lansing, MI | 1 | $350K | $350,000 | 100% |
| 6 | Bankwell Bank Bank · New Canaan, CT | 1 | $350K | $350,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 7 | $56,400 | Huntington National Bank | |
| Wholesale trade | 3 | $500,000 | Merchants Bank of Indiana | |
| Transportation and warehousing | 3 | $150,000 | Huntington National Bank | |
| Retail | 3 | $279,900 | Huntington National Bank | |
| Restaurants and hotels | 2 | $38,300 | Huntington National Bank | |
| Real estate and rental | 2 | $2,602,500 | Bank Five Nine | |
| Other services (repair, personal care) | 2 | $103,350 | Huntington National Bank | |
| Health care and social assistance | 1 | $435,000 | TowneBank |