Best SBA lenders
Best SBA lenders in Michigan
The SBA lenders that fund the most businesses in Michigan, ranked by funded volume with each lender's charge-off track record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
The Huntington National Bank funds the most SBA volume in Michigan. Charge-off rates below are each lender's overall rate across all of its loans, as a track-record signal.
| # | Lender | Volume in Michigan | Charge-off |
|---|---|---|---|
| 1 | The Huntington National Bank | $1.2B | 1.3% |
| 2 | Michigan Certified Development Corporation | $1.1B | 0.0% |
| 3 | Great Lakes Commercial Finance | $599.3M | 0.0% |
| 4 | Fifth Third Bank | $348.9M | 1.6% |
| 5 | Live Oak Banking Company | $344.7M | 0.3% |
| 6 | ChoiceOne Bank | $288.6M | 0.0% |
| 7 | First Internet Bank of Indiana | $214.7M | 1.5% |
| 8 | Oakland County Business Finance Corporation | $196.9M | 0.0% |
Find the best fit for your business
Volume in Michigan is a starting point. Narrow it to lenders active in your specific industry and loan size with Lender Match, or see the full Michigan SBA lending data.
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Method and disclaimer. Ranked by funded SBA volume in
Michigan from the public FOIA 7(a) and 504 data (as of 2026-03-31); see our
methodology. SBA Loan Index is
not affiliated with the SBA and is not a lender, broker, or financial advisor.