SBA Loans for Apparel Accessories and Other Apparel Manufacturing in Michigan: Top Lenders
NAICS 315NAICS 315 covers apparel accessories and other apparel manufacturing businesses in Michigan. Based on historical SBA 7(a) lending data.
Total Approvals
2
in Michigan
Median Loan Size
$55,000
per approval
Recent Activity
0
last 90 days through Mar 2023
NAICS 315 covers apparel accessories and other apparel manufacturing businesses. This is a smaller category in SBA 7(a) lending with 2 approvals on record and a median loan size of $55,000.
Key trends & insights
- Apparel Accessories and Other Apparel Manufacturing in Michigan loans skew smaller than the SBA average at $55,000 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 2023-03-21 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Apparel Accessories and Other Apparel Manufacturing in Michigan
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $60,000 | |
| 2 | 1 | $50,000 |
Recent SBA 7(a) approvals for Apparel Accessories and Other Apparel Manufacturing in Michigan
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-02 | ChoiceOne Bank | THE*****LLC | LIVONIA, MI | $2,677,000 |
| 2023-05 | ChoiceOne Bank | THE*****LLC | LIVONIA, MI | $300,000 |
| 2023-03 | Newtek Bank, National Association | Sal*****LLc | DETROIT, MI | $50,000 |
| 2021-06 | The Huntington National Bank | Kal*****Inc | FLINT, MI | $60,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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