SBA lending by district
SBA lending in MI-06
SBA 7(a) and 504 financing in Michigan's 6th district: how much was funded, by which lenders, and the 7(a) charge-off record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
- SBA loans
- 2,288
- Total funded
- $861.4M
- Average loan
- $376K
- 7(a) charge-off
- 2.5%
Borrowers in Michigan's 6th district took 2,288 SBA loans worth $861.4M since FY2010, averaging $376K. Of the 2,041 7(a) loans, 2.5% have charged off. See the rest of Michigan.
SBA funded volume by fiscal year
Top SBA lenders in MI-06
- 1. The Huntington National Bank $174.9M
- 2. Michigan Certified Development Corporation $87.4M
- 3. Horizon Bank $62.4M
- 4. Great Lakes Commercial Finance $43.2M
- 5. Old National Bank $33.3M
- 6. Live Oak Banking Company $28.5M
- 7. United FCU $27.0M
- 8. Fifth Third Bank $26.3M
- 9. 1st Source Bank $25.2M
- 10. Byline Bank $15.9M
Method. SBA 7(a) and 504 loans the SBA recorded in MI-06,
FY2010–2026 (as of 2026-03-31). District boundaries
changed in the 2022 redistricting, so multi-year totals span boundary changes; the district is
as-recorded by the SBA. Charge-off is 7(a)-only. See the
methodology.