SBA Loans for Nonupholstered Wood Household Furniture Manufacturing in Michigan: Top Lenders

NAICS 337

NAICS 337 covers nonupholstered wood household furniture manufacturing businesses in Michigan. Based on historical SBA 7(a) lending data.

Total Approvals

5

in Michigan

Median Loan Size

$40,000

per approval

Recent Activity

0

last 90 days through Oct 2024

NAICS 337 covers nonupholstered wood household furniture manufacturing businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $40,000.

Key trends & insights

  • Nonupholstered Wood Household Furniture Manufacturing in Michigan loans skew smaller than the SBA average at $40,000 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 2024-10-04 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Nonupholstered Wood Household Furniture Manufacturing in Michigan

#LenderApprovalsMedian Size
14$32,500
21$50,000

Recent SBA 7(a) approvals for Nonupholstered Wood Household Furniture Manufacturing in Michigan

MonthLenderBorrowerAmount
2025-04The Huntington National BankTHE*****LLC$152,300
2025-02CDC Small Business Finance Corp.ERI*****LLC$140,000
2024-10The Huntington National BankH&S*****ing$25,000
2023-08Horizon BankFel*****LLC$178,000
2021-11The Huntington National BankTHI*****LLC$40,000
2021-10The Huntington National BankAJJ*****LLC$20,000
2021-05Credit Union OneDIS*****NC.$50,000
2019-12The Huntington National BankNew*****LLC$100,000

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

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