SBA Loans for Iron and Steel Mills and Ferroalloy Manufacturing in Michigan: Top Lenders
NAICS 331NAICS 331 covers iron and steel mills and ferroalloy manufacturing businesses in Michigan. Based on historical SBA 7(a) lending data.
Total Approvals
1
in Michigan
Median Loan Size
$350,000
per approval
Recent Activity
0
last 90 days through Feb 2024
NAICS 331 covers iron and steel mills and ferroalloy manufacturing businesses. This is a smaller category in SBA 7(a) lending with 1 approvals on record and a median loan size of $350,000.
Key trends & insights
- SBA data for this industry goes through 2024-02-08 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Iron and Steel Mills and Ferroalloy Manufacturing in Michigan
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $350,000 |
Recent SBA 7(a) approvals for Iron and Steel Mills and Ferroalloy Manufacturing in Michigan
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-02 | Cadence Bank | Lib*****nc. | SAINT JOSEPH, MI | $350,000 |
| 2022-02 | The Huntington National Bank | FOX*****NC. | HAZEL PARK, MI | $250,000 |
| 2021-02 | Newtek Small Business Finance, Inc. | ACR*****NC. | BAY CITY, MI | $350,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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