SBA Loans for Other Electronic Component Manufacturing in Michigan: Top Lenders
NAICS 334NAICS 334 covers other electronic component manufacturing businesses in Michigan. Based on historical SBA 7(a) lending data.
Total Approvals
10
in Michigan
Median Loan Size
$500,000
per approval
Recent Activity
0
last 90 days through Feb 2025
NAICS 334 covers other electronic component manufacturing businesses. This is a smaller category in SBA 7(a) lending with 10 approvals on record and a median loan size of $500,000.
Key trends & insights
- Other Electronic Component Manufacturing in Michigan lending is concentrated — Comerica Bank, Horizon Bank, THE Huntington National Bank together account for 60% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Comerica Bank leads this industry with 3 approvals (30% market share) and a median loan of $500,000.
- SBA data for this industry goes through 2025-02-22 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Other Electronic Component Manufacturing in Michigan
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 3 | $500,000 | |
| 2 | 2 | $1,739,700 | |
| 3 | 1 | $50,000 | |
| 4 | 1 | $500,000 | |
| 5 | 1 | $150,000 | |
| 6 | 1 | $100,000 | |
| 7 | 1 | $3,000,000 |
Recent SBA 7(a) approvals for Other Electronic Component Manufacturing in Michigan
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-02 | Celtic Bank Corporation | ICA*****ING | SAINT CLAIR SHORES, MI | $150,000 |
| 2024-08 | DFCU Financial | Rob*****Inc | DETROIT, MI | $500,000 |
| 2024-02 | Horizon Bank | SV *****LLC | Auburn Hills, MI | $2,580,600 |
| 2024-02 | Horizon Bank | SV *****LLC | Auburn Hills, MI | $898,800 |
| 2023-11 | Comerica Bank | RHK*****Inc | TROY, MI | $1,500,000 |
| 2023-11 | Comerica Bank | RHK*****Inc | TROY, MI | $500,000 |
| 2022-11 | Comerica Bank | ATM*****nc. | TROY, MI | $80,000 |
| 2021-03 | Capitol National Bank | SAK*****nc. | OWOSSO, MI | $3,000,000 |
| 2020-11 | The Huntington National Bank | PUR*****INC | Detroit, MI | $50,000 |
| 2019-11 | Bank Michigan | Pra*****nc. | ANN ARBOR, MI | $100,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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