151 SBA loans worth $51.7M went to businesses in Utica, MI between October 2021 and June 2026, from 34 lenders. Huntington National Bank made the most, 68 loans. The median loan was $150,000, compared with $150,000 across Michigan, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 68 | $8.6M | $50,000 | 21% |
| 2 | Oxford Bank Bank · Oxford, MI | 7 | $1.8M | $300,000 | 29% |
| 3 | Fifth Third Bank Bank · Cincinnati, OH | 6 | $3.2M | $436,500 | 17% |
| 4 | Northeast Bank Bank · Portland, ME | 6 | $884K | $91,750 | 0% |
| 5 | JPMorgan Chase Bank Bank · Columbus, OH | 5 | $913K | $200,000 | 0% |
| 6 | Live Oak Banking Bank · Wilmington, NC | 4 | $7.3M | $1,127,500 | 0% |
| 7 | First Internet Bank of Indiana Bank · Fishers, IN | 4 | $4.4M | $640,000 | 75% |
| 8 | Michigan Certified Development Certified development company · East Lansing, MI | 4 | $2.7M | $474,500 | 25% |
| 9 | ChoiceOne Bank Bank · Sparta, MI | 4 | $2.4M | $594,000 | 25% |
| 10 | KeyBank Bank · Cleveland, OH | 3 | $1.4M | $482,000 | 67% |
| 11 | United Midwest Savings Bank Bank · Degraff, OH | 3 | $1.1M | $150,000 | 67% |
| 12 | Oakland County Business Finance Certified development company · Waterford, MI | 3 | $911K | $362,000 | 33% |
| 13 | BayFirst National Bank Bank · St. Petersburg, FL | 3 | $650K | $150,000 | 0% |
| 14 | Michigan Certified Development Non-bank lender · East Lansing, MI | 3 | $165K | $30,000 | 0% |
| 15 | Independent Bank Bank · Grand Rapids, MI | 2 | $1.6M | $794,250 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 21 | $317,300 | Huntington National Bank | |
| Transportation and warehousing | 20 | $45,500 | Huntington National Bank | |
| Other services (repair, personal care) | 19 | $240,000 | Huntington National Bank | |
| Construction | 16 | $125,000 | Huntington National Bank | |
| Retail | 14 | $176,750 | Huntington National Bank | |
| Health care and social assistance | 13 | $180,500 | Huntington National Bank | |
| Manufacturing | 12 | $213,000 | Huntington National Bank | |
| Administrative and support services | 9 | $150,000 | Huntington National Bank |