SBA Loans for Fish and Seafood Merchant Wholesalers in Michigan: Top Lenders
NAICS 424NAICS 424 covers fish and seafood merchant wholesalers businesses in Michigan. Based on historical SBA 7(a) lending data.
Total Approvals
27
in Michigan
Median Loan Size
$125,000
per approval
Recent Activity
2
last 90 days through Aug 2025
NAICS 424 covers fish and seafood merchant wholesalers businesses. This is a smaller category in SBA 7(a) lending with 27 approvals on record and a median loan size of $125,000.
Key trends & insights
- Fish and Seafood Merchant Wholesalers in Michigan lending is concentrated — THE Huntington National Bank, Comerica Bank, Horizon Bank together account for 70% of all approvals. If you're in this industry, these are your highest-probability lenders.
- THE Huntington National Bank leads this industry with 14 approvals (52% market share) and a median loan of $87,500.
- Fish and Seafood Merchant Wholesalers in Michigan loans skew smaller than the SBA average at $125,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Fish and Seafood Merchant Wholesalers in Michigan
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 14 | $87,500 | |
| 2 | 3 | $100,000 | |
| 3 | 2 | $850,000 | |
| 4 | 1 | $125,000 | |
| 5 | 1 | $250,000 | |
| 6 | 1 | $20,000 | |
| 7 | 1 | $3,700,000 | |
| 8 | 1 | $1,500,000 | |
| 9 | 1 | $500,000 | |
| 10 | 1 | $400,000 | |
| 11 | 1 | $50,000 |
Recent SBA 7(a) approvals for Fish and Seafood Merchant Wholesalers in Michigan
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-08 | Horizon Bank | WAL*****LLC | HOLLAND, MI | $500,000 |
| 2025-08 | Horizon Bank | WAL*****LLC | HOLLAND, MI | $1,200,000 |
| 2025-03 | JPMorgan Chase Bank, National Association | Vit*****Inc | BLOOMFIELD HILLS, MI | $500,000 |
| 2025-03 | 4Front Credit Union | Hig*****nc. | Traverse City, MI | $400,000 |
| 2025-03 | The Huntington National Bank | Rem*****LLC | DETROIT, MI | $25,000 |
| 2025-03 | The Huntington National Bank | Rem*****LLC | DETROIT, MI | $75,000 |
| 2025-02 | The Huntington National Bank | Mis*****LLC | GRAND RAPIDS, MI | $250,000 |
| 2025-02 | The Huntington National Bank | JER*****LLC | GRAND RAPIDS, MI | $25,000 |
| 2024-11 | BayFirst National Bank | BAB*****LLC | GARDEN CITY, MI | $125,000 |
| 2024-08 | The Huntington National Bank | Con*****nc. | ANN ARBOR, MI | $300,000 |
| 2024-04 | Comerica Bank | Gre*****LLC | DETROIT, MI | $350,000 |
| 2023-08 | First National Bank of Michigan | Uni*****LLC | Haslett, MI | $1,500,000 |
| 2023-04 | KeyBank National Association | Leh*****LLC | Romulus, MI | $20,000 |
| 2022-12 | The Huntington National Bank | Sai*****LLC | Lansing, MI | $129,000 |
| 2022-11 | The Huntington National Bank | Cuv*****LLC | Shelby Twp., MI | $60,000 |
| 2022-06 | Comerica Bank | SHR*****INC | MACOMB, MI | $100,000 |
| 2022-06 | Comerica Bank | JAY*****INC | CHESTERFIELD, MI | $100,000 |
| 2022-05 | The Huntington National Bank | New*****Inc | Detroit, MI | $75,000 |
| 2022-05 | The Huntington National Bank | BRE*****NC. | Howell, MI | $150,000 |
| 2022-04 | The Huntington National Bank | JK *****LLC | Grand Rapids, MI | $30,000 |
| 2022-02 | The Huntington National Bank | Sun*****LLC | Farmington Hills, MI | $350,000 |
| 2022-02 | The Huntington National Bank | Sun*****LLC | Farmington Hills, MI | $957,000 |
| 2022-01 | The Huntington National Bank | Gia*****nc. | Troy, MI | $54,000 |
| 2021-11 | Brooklyn Cooperative FCU | BZA****LLC | YPSILANTI, MI | $50,000 |
| 2021-10 | The Huntington National Bank | EBD*****LLC | Troy, MI | $100,000 |
| 2021-06 | Bank of America, National Association | Foc*****LLC | Comstock Park, MI | $3,700,000 |
| 2021-02 | The Huntington National Bank | SCR*****NC. | DEARBORN, MI | $200,000 |
| 2021-02 | Cadence Bank | Qur*****Inc | HAMTRAMCK, MI | $250,000 |
| 2021-02 | The Huntington National Bank | We *****LLC | REDFORD, MI | $50,000 |
| 2021-02 | The Huntington National Bank | We *****LLC | REDFORD, MI | $116,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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