SBA Loans for Logging in Michigan: Top Lenders

NAICS 113

NAICS 113 covers logging businesses in Michigan. Based on historical SBA 7(a) lending data.

Total Approvals

4

in Michigan

Median Loan Size

$42,500

per approval

Recent Activity

0

last 90 days through Aug 2023

NAICS 113 covers logging businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $42,500.

Key trends & insights

  • Logging in Michigan loans skew smaller than the SBA average at $42,500 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
  • SBA data for this industry goes through 2023-08-12 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Logging in Michigan

#LenderApprovalsMedian Size
14$42,500

Recent SBA 7(a) approvals for Logging in Michigan

MonthLenderBorrowerAmount
2023-08The Huntington National BankLaf*****LC.$18,000
2023-08The Huntington National BankTam****app$25,000
2022-03The Huntington National BankC-J*****LLC$100,000
2022-03The Huntington National BankC-J*****LLC$60,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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