188 SBA loans worth $51.7M went to businesses in Sterling Heights, MI between October 2021 and June 2026, from 30 lenders. Huntington National Bank made the most, 117 loans. The median loan was $90,000, compared with $150,000 across Michigan, and transportation and warehousing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 117 | $16.7M | $58,000 | 20% |
| 2 | Fifth Third Bank Bank · Cincinnati, OH | 17 | $8.2M | $200,000 | 0% |
| 3 | Northeast Bank Bank · Portland, ME | 7 | $1.2M | $100,000 | 0% |
| 4 | Citizens Bank Bank · Providence, RI | 4 | $2.1M | $500,000 | 25% |
| 5 | Byline Bank Bank · Chicago, IL | 3 | $2.1M | $776,000 | 67% |
| 6 | Newtek Bank Bank · Miami, FL | 3 | $1.5M | $350,000 | 33% |
| 7 | Oxford Bank Bank · Oxford, MI | 3 | $1.4M | $500,000 | 0% |
| 8 | JPMorgan Chase Bank Bank · Columbus, OH | 3 | $600K | $200,000 | 0% |
| 9 | Michigan Certified Development Non-bank lender · East Lansing, MI | 3 | $526K | $215,800 | 0% |
| 10 | Bank of Ann Arbor Bank · Ann Arbor, MI | 2 | $4.1M | $2,034,000 | 0% |
| 11 | KeyBank Bank · Cleveland, OH | 2 | $1.7M | $844,250 | 100% |
| 12 | First Merchants Bank Bank · Muncie, IN | 2 | $1.5M | $762,500 | 50% |
| 13 | MI Bank Bank · Bloomfield Township, MI | 2 | $1.4M | $712,500 | 50% |
| 14 | PNC Bank Bank · Wilmington, DE | 2 | $125K | $62,500 | 100% |
| 15 | Celtic Bank Bank · Salt Lake City, UT | 2 | $109K | $54,450 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Transportation and warehousing | 63 | $59,300 | Huntington National Bank | |
| Construction | 23 | $100,000 | Huntington National Bank | |
| Retail | 22 | $180,000 | Huntington National Bank | |
| Other services (repair, personal care) | 17 | $50,000 | Huntington National Bank | |
| Restaurants and hotels | 15 | $135,000 | Huntington National Bank | |
| Health care and social assistance | 13 | $150,000 | Huntington National Bank | |
| Manufacturing | 12 | $250,000 | Huntington National Bank | |
| Wholesale trade | 8 | $500,000 | Fifth Third Bank |