SBA lending by metro area
SBA lenders in Niles, MI
Which lenders fund Niles-area businesses, how much, and how the market compares with Michigan: SBA 7(a) and 504 loans, FY2010–2026.
By Mario Bailey · SBA FOIA data as of 2026-03-31
Top SBA lenders in the Niles area
Ranked by SBA volume funded to businesses located in the Niles metropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 100 | $27.8M | $278K | 1.00% |
| 2 | United FCU | 49 | $22.9M | $467K | 2.04% |
| 3 | Horizon Bank | 105 | $22.7M | $216K | 0.00% |
| 4 | 1st Source Bank | 89 | $13.4M | $150K | 2.25% |
| 5 | Business Development Corporation (BDC) | 22 | $12.1M | $549K | not reported |
| 6 | Michigan Certified Development Corporation | 15 | $12.0M | $800K | not reported |
| 7 | Everwise Credit Union | 8 | $9.5M | $1.2M | not reported |
| 8 | Byline Bank | 6 | $7.4M | $1.2M | not reported |
| 9 | Great Lakes Commercial Finance | 12 | $6.2M | $520K | not reported |
| 10 | Fifth Third Bank | 16 | $5.4M | $335K | not reported |
Excludes 1 lender whose records blend same-named institutions; see our methodology.
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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How Niles compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Niles area | $150K ▲ 20.0% | 9.0% ▲ 0.8 pts |
| Michigan | $125K | 8.3% |
| United States | $179K | 11.2% |
What gets funded in Niles
| Industry | Loans | Total funded |
|---|---|---|
| Accommodation and Food Services | 103 | $71.2M |
| Manufacturing | 101 | $49.9M |
| Retail Trade | 70 | $23.8M |
| Other Services | 42 | $11.3M |
| Construction | 56 | $10.7M |
| Professional and Technical Services | 38 | $10.4M |
| Health Care and Social Assistance | 43 | $9.0M |
| Administrative and Support | 23 | $7.6M |
SBA lending in Niles by year
Geography, precisely
"Niles area" here means the Niles, MI metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Berrien County, MI. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.