SBA Loans for Sewing in Michigan: Top Lenders
NAICS 451NAICS 451 covers sewing, needlework, and piece goods stores businesses in Michigan. Based on historical SBA 7(a) lending data.
Total Approvals
7
in Michigan
Median Loan Size
$350,000
per approval
Recent Activity
0
last 90 days through Oct 2021
NAICS 451 covers sewing, needlework, and piece goods stores businesses. This is a smaller category in SBA 7(a) lending with 7 approvals on record and a median loan size of $350,000.
Key trends & insights
- SBA data for this industry goes through 2021-10-06 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Sewing in Michigan
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 6 | $633,850 | |
| 2 | 1 | $350,000 |
Recent SBA 7(a) approvals for Sewing in Michigan
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2022-03 | 1st State Bank | K&R*****LLC | BAY CITY, MI | $640,000 |
| 2021-11 | The Huntington National Bank | BRO*****NC. | Saint Joseph, MI | $15,000 |
| 2021-10 | ChoiceOne Bank | You*****LLC | ANN ARBOR, MI | $100,000 |
| 2021-10 | The Huntington National Bank | BEA*****LLC | Bath, MI | $50,000 |
| 2021-10 | The Huntington National Bank | 5th*****LLC | Ortonville, MI | $30,400 |
| 2021-09 | Flagstar Bank National Association | Str*****LLC | OKEMOS, MI | $100,000 |
| 2021-09 | Newtek Small Business Finance, Inc. | NER*****LLC | OAK PARK, MI | $380,000 |
| 2021-09 | Michigan State University Federal Credit Union | Hoo*****LLC | LANSING, MI | $325,000 |
| 2021-07 | 4Front Credit Union | Big*****LLC | Traverse City, MI | $472,500 |
| 2021-04 | Arbor Financial Credit Union | Sew*****nc. | Portage, MI | $147,000 |
| 2021-02 | The Huntington National Bank | Stu*****Inc | EAST LANSING, MI | $3,822,500 |
| 2021-02 | The Huntington National Bank | Stu*****Inc | EAST LANSING, MI | $1,000,000 |
| 2021-02 | The Huntington National Bank | Sud*****Inc | EAST LANSING, MI | $3,822,500 |
| 2020-11 | Newtek Small Business Finance, Inc. | M-D****NC. | ANN ARBOR, MI | $4,600,000 |
| 2020-06 | The Huntington National Bank | THE*****LLC | ALLEGAN, MI | $267,700 |
| 2020-06 | The Huntington National Bank | Scr*****Inc | SHELBY TOWNSHIP, MI | $50,000 |
| 2020-06 | The Huntington National Bank | Kle*****ted | Ann Arbor, MI | $15,000 |
| 2020-03 | Five Star Bank | COM*****LLC | COMMERCE TOWNSHIP, MI | $350,000 |
| 2020-02 | ChoiceOne Bank | Bey*****LLC | LAKE ORION, MI | $395,800 |
| 2019-11 | The Huntington National Bank | J &*****LLC | Muskegon, MI | $50,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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