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SBA lenders in Westland, MI

SBA 7(a) and 504 loans to businesses in Westland (Wayne County), October 2021 to June 30, 2026 · Updated October 15, 2026
68
SBA loans approved
$35.0M
Total approved
$105,000
Median loan
25
Lenders active
35%
To startups

68 SBA loans worth $35.0M went to businesses in Westland, MI between October 2021 and June 2026, from 25 lenders. Huntington National Bank made the most, 28 loans. The median loan was $105,000, compared with $150,000 across Michigan, and transportation and warehousing was the most financed industry.

Most active SBA lenders in Westland

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
28$3.6M$40,00039%
2First Internet Bank of Indiana
Bank · Fishers, IN
3$5.0M$2,006,00067%
3Fifth Third Bank
Bank · Cincinnati, OH
3$1.1M$250,0000%
4Community Choice CU
Credit union · Farmington Hills, MI
3$830K$345,00067%
5BayFirst National Bank
Bank · St. Petersburg, FL
3$588K$150,0000%
6JPMorgan Chase Bank
Bank · Columbus, OH
3$384K$75,00033%
7Celtic Bank
Bank · Salt Lake City, UT
2$5.1M$2,537,50050%
8Live Oak Banking
Bank · Wilmington, NC
2$3.9M$1,967,5000%
9DFCU Financial
Credit union · Dearborn, MI
2$3.0M$1,501,7000%
10Independent Bank
Bank · Grand Rapids, MI
2$1.7M$856,400100%
11Michigan Certified Development
Certified development company · East Lansing, MI
2$1.7M$827,5000%
12First Merchants Bank
Bank · Muncie, IN
2$150K$75,0000%
13Stearns Bank
Bank · St. Cloud, MN
1$2.7M$2,745,0000%
14FDIC - Community Bank & Trust-West Georgia
Non-bank lender · Lagrange, GA
1$1.7M$1,744,0000%
15Bank Michigan
Bank · Brooklyn, MI
1$758K$758,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Westland. For 504 loans the lender shown is the certified development company.

What gets financed in Westland

IndustryLoansShareMedian loanMost active lender
Transportation and warehousing15
22%
$50,000Huntington National Bank
Other services (repair, personal care)9
13%
$80,000Huntington National Bank
Retail9
13%
$250,000Huntington National Bank
Manufacturing5
7%
$75,000Huntington National Bank
Administrative and support services5
7%
$150,000Huntington National Bank
Construction5
7%
$819,000Live Oak Banking
Restaurants and hotels5
7%
$435,200Western State Bank
Arts, entertainment and recreation4
6%
$1,037,500Independent Bank
Loan size mix
  • Under $150,00053%
  • $150,000 to $500,00024%
  • $500,000 to $2 million15%
  • $2 million and up9%
Compared with Michigan
Median loan, Westland
$105,000
Median loan, Michigan
$150,000
Startup share, Westland
35%
Startup share, Michigan
29%
Share of state's SBA loans
0.6%

SBA loans per fiscal year in Westland

0102030FY14: 16 loansFY14FY15: 28 loansFY1528FY16: 26 loansFY16FY17: 17 loansFY17FY18: 25 loansFY18FY19: 16 loansFY19FY20: 12 loansFY20FY21: 18 loansFY21FY22: 20 loansFY22FY23: 13 loansFY23FY24: 15 loansFY24FY25: 15 loansFY25FY26 (Oct to Jun): 5 loansFY265
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.