SBA lending by district
SBA lending in MI-13
SBA 7(a) and 504 financing in Michigan's 13th 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
- 1,132
- Total funded
- $411.7M
- Average loan
- $364K
- 7(a) charge-off
- 4.7%
Borrowers in Michigan's 13th district took 1,132 SBA loans worth $411.7M since FY2010, averaging $364K. Of the 1,097 7(a) loans, 4.7% have charged off. See the rest of Michigan.
SBA funded volume by fiscal year
Top SBA lenders in MI-13
- 1. The Huntington National Bank $109.1M
- 2. Fifth Third Bank $40.2M
- 3. First Merchants Bank $25.9M
- 4. First Internet Bank of Indiana $19.0M
- 5. Michigan Certified Development Corporation $15.9M
- 6. Newtek Small Business Finance, Inc. $12.2M
- 7. Newtek Bank, National Association $11.5M
- 8. JPMorgan Chase Bank, National Association $10.1M
- 9. Byline Bank $9.3M
- 10. Credit Union One $8.1M
Method. SBA 7(a) and 504 loans the SBA recorded in MI-13,
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.