SBA Loans for Art Dealers in Michigan: Top Lenders
NAICS 453NAICS 453 covers art dealers businesses in Michigan. Based on historical SBA 7(a) lending data.
Total Approvals
19
in Michigan
Median Loan Size
$58,600
per approval
Recent Activity
0
last 90 days through Mar 2024
NAICS 453 covers art dealers businesses. This is a smaller category in SBA 7(a) lending with 19 approvals on record and a median loan size of $58,600.
Key trends & insights
- Art Dealers in Michigan lending is concentrated — THE Huntington National Bank, THE Dart Bank, Kellogg Community CU together account for 95% of all approvals. If you're in this industry, these are your highest-probability lenders.
- THE Huntington National Bank leads this industry with 16 approvals (84% market share) and a median loan of $50,000.
- Art Dealers in Michigan loans skew smaller than the SBA average at $58,600 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 2024-03-26 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Art Dealers in Michigan
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 16 | $50,000 | |
| 2 | 1 | $2,500,000 | |
| 3 | 1 | $267,500 | |
| 4 | 1 | $350,000 |
Recent SBA 7(a) approvals for Art Dealers in Michigan
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-03 | The Huntington National Bank | Lak*****LLC | TRAVERSE CITY, MI | $26,000 |
| 2024-03 | The Huntington National Bank | Lak*****dal | TRAVERSE CITY, MI | $26,000 |
| 2024-02 | The Huntington National Bank | TNT*****LLC | LAKE ORION, MI | $25,000 |
| 2022-05 | Cadence Bank | Cre*****LLC | PLYMOUTH, MI | $350,000 |
| 2022-01 | The Huntington National Bank | QUI*****LLC | Concord, MI | $14,500 |
| 2022-01 | Cadence Bank | Goo*****LLC | TRAVERSE CITY, MI | $783,900 |
| 2022-01 | The Huntington National Bank | Wil*****LLC | Dearborn, MI | $110,000 |
| 2022-01 | The Huntington National Bank | Wil*****LLC | Dearborn, MI | $25,000 |
| 2021-12 | University Bank | The*****LLC | Howell, MI | $72,000 |
| 2021-11 | Cadence Bank | Ete*****.C. | WARREN, MI | $350,000 |
| 2021-10 | The Huntington National Bank | Smo*****Inc | Garden City, MI | $50,000 |
| 2021-09 | First Merchants Bank | Lea*****LLC | JACKSON, MI | $466,200 |
| 2021-09 | The Huntington National Bank | MOB*****NC. | Detroit, MI | $50,000 |
| 2021-09 | Hiawatha National Bank | Kaa*****nc. | GRAND RAPIDS, MI | $700,000 |
| 2021-09 | The Huntington National Bank | UC *****LLC | Kentwood, MI | $25,000 |
| 2021-09 | The Huntington National Bank | UC *****LLC | Kentwood, MI | $500,000 |
| 2021-09 | ChoiceOne Bank | Vol*****ion | FARMINGTON HILLS, MI | $1,800,000 |
| 2021-09 | ChoiceOne Bank | Vol*****.C. | FARMINGTON HILLS, MI | $300,000 |
| 2021-08 | The Dart Bank | Big*****LLC | Dewitt, MI | $2,500,000 |
| 2021-08 | The Huntington National Bank | BUR*****.C. | Garden City, MI | $50,000 |
| 2021-08 | The Huntington National Bank | BUR*****.C. | Garden City, MI | $200,000 |
| 2021-07 | Superior National Bank | SDJ*****.C. | NORTHVILLE, MI | $10,000 |
| 2021-06 | The Huntington National Bank | AuS*****Inc | GRAYLING, MI | $12,300 |
| 2021-05 | The Huntington National Bank | Roo*****nc. | Porrage, MI | $100,000 |
| 2021-04 | The Huntington National Bank | NIC*****LLC | Gaylord, MI | $20,000 |
| 2021-04 | Chelsea State Bank | Wag*****nc. | TECUMSEH, MI | $913,600 |
| 2021-04 | Kellogg Community CU | Roo*****LLC | Battle Creek, MI | $267,500 |
| 2021-04 | 4Front Credit Union | Mad*****LLC | SAULT SAINTE MARIE, MI | $30,000 |
| 2021-04 | The Huntington National Bank | TEL*****LLC | Traverse City, MI | $35,000 |
| 2021-03 | Cadence Bank | FAS*****nc. | Athens, MI | $350,000 |
| 2021-03 | The Huntington National Bank | Sam*****ion | PORTAGE, MI | $70,000 |
| 2021-03 | Michigan State University Federal Credit Union | D.E*****LLC | TRAVERSE CITY, MI | $150,000 |
| 2021-02 | The Huntington National Bank | DDJ*****LLC | BIG RAPIDS, MI | $568,000 |
| 2021-02 | The Huntington National Bank | DDJ*****LLC | BIG RAPIDS, MI | $75,000 |
| 2021-02 | Michigan State University Federal Credit Union | KP****LLC | EAST LANSING, MI | $340,000 |
| 2021-02 | The Huntington National Bank | CNJ*****LLC | Perry, MI | $40,400 |
| 2020-12 | The Huntington National Bank | Cas*****Inc | Bay City, MI | $25,000 |
| 2020-12 | The Huntington National Bank | JAC*****INC | Commerce Township, MI | $288,000 |
| 2020-12 | The Huntington National Bank | Fox*****LLC | PETOSKEY, MI | $60,000 |
| 2020-12 | The Huntington National Bank | Fox*****LLC | PETOSKEY, MI | $20,000 |
| 2020-12 | The Huntington National Bank | Big*****LLC | Byron, MI | $744,600 |
| 2020-09 | The Huntington National Bank | Cas*****rtz | WEST BRANCH, MI | $275,000 |
| 2020-09 | The Huntington National Bank | Hac*****LLC | Dansville, MI | $40,000 |
| 2020-08 | The Huntington National Bank | SBC*****LLC | Rochester, MI | $50,000 |
| 2020-08 | The Huntington National Bank | SBC*****LLC | Rochester, MI | $860,000 |
| 2020-08 | The Huntington National Bank | SOP*****Inc | Sterling Heights, MI | $20,000 |
| 2020-07 | First National Bank of Michigan | For*****LLC | Mattawan, MI | $397,800 |
| 2020-06 | The Huntington National Bank | F2 *****LLC | Zeeland, MI | $50,000 |
| 2020-05 | The Huntington National Bank | DAI*****LLC | Gaylord, MI | $58,600 |
| 2020-05 | The Huntington National Bank | M &*****nc. | CLINTON TWP, MI | $50,500 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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