SBA lending by district
SBA lending in MI-12
SBA 7(a) and 504 financing in Michigan's 12th 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
- 1,942
- Total funded
- $661.1M
- Average loan
- $340K
- 7(a) charge-off
- 4.0%
Borrowers in Michigan's 12th district took 1,942 SBA loans worth $661.1M since FY2010, averaging $340K. Of the 1,851 7(a) loans, 4.0% have charged off. See the rest of Michigan.
SBA funded volume by fiscal year
Top SBA lenders in MI-12
- 1. The Huntington National Bank $155.1M
- 2. Fifth Third Bank $47.8M
- 3. Michigan Certified Development Corporation $46.7M
- 4. JPMorgan Chase Bank, National Association $19.8M
- 5. First Internet Bank of Indiana $19.5M
- 6. Live Oak Banking Company $19.1M
- 7. Celtic Bank Corporation $19.0M
- 8. Newtek Small Business Finance, Inc. $15.8M
- 9. ChoiceOne Bank $15.8M
- 10. Byline Bank $15.7M
Method. SBA 7(a) and 504 loans the SBA recorded in MI-12,
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.