SBA Loans for Securities Brokerage in Michigan: Top Lenders
NAICS 523NAICS 523 covers securities brokerage businesses in Michigan. Based on historical SBA 7(a) lending data.
Total Approvals
13
in Michigan
Median Loan Size
$300,000
per approval
Recent Activity
0
last 90 days through Mar 2025
NAICS 523 covers securities brokerage businesses. This is a smaller category in SBA 7(a) lending with 13 approvals on record and a median loan size of $300,000.
Key trends & insights
- Securities Brokerage in Michigan lending is concentrated — THE Huntington National Bank, Live OAK Banking Company, First Internet Bank OF India, National Association together account for 69% of all approvals. If you're in this industry, these are your highest-probability lenders.
- THE Huntington National Bank leads this industry with 4 approvals (31% market share) and a median loan of $147,500.
Most active SBA lenders for Securities Brokerage in Michigan
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $147,500 | |
| 2 | 4 | $1,062,500 | |
| 3 | 1 | $1,408,000 | |
| 4 | 1 | $250,000 | |
| 5 | 1 | $250,000 | |
| 6 | 1 | $200,000 | |
| 7 | 1 | $300,000 |
Recent SBA 7(a) approvals for Securities Brokerage in Michigan
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-03 | Live Oak Banking Company | Ale*****ter | MILFORD, MI | $900,000 |
| 2025-03 | Live Oak Banking Company | J G*****nc. | VICKSBURG, MI | $1,410,000 |
| 2024-10 | The Huntington National Bank | Bri*****nc. | SAINT JOSEPH, MI | $95,000 |
| 2024-07 | Live Oak Banking Company | Dav*****LLC | SHELBY TOWNSHIP, MI | $330,000 |
| 2024-06 | The Huntington National Bank | RA *****LLC | GRAND RAPIDS, MI | $25,000 |
| 2024-06 | Horizon Bank | Gas*****nc. | KALAMAZOO, MI | $250,000 |
| 2024-04 | Byline Bank | IND*****LLC | MUSKEGON, MI | $228,000 |
| 2024-04 | Newtek Bank, National Association | Mic*****oup | Brighton, MI | $2,800,000 |
| 2024-03 | Live Oak Banking Company | Poi*****LLC | GROSSE POINTE FARMS, MI | $1,620,000 |
| 2024-03 | Live Oak Banking Company | Osk*****LLC | ROCHESTER, MI | $331,000 |
| 2024-02 | Oxford Bank | A2 *****LLC | ANN ARBOR, MI | $200,000 |
| 2023-09 | Readycap Lending, LLC | Har*****LLC | Canton, MI | $257,500 |
| 2023-07 | Grand River Bank | Fam*****nc. | Grand Rapids, MI | $250,000 |
| 2023-06 | The Huntington National Bank | RA *****LLC | Grand Rapids, MI | $50,000 |
| 2023-05 | First Internet Bank of Indiana | Oli*****nc. | FLINT, MI | $1,979,000 |
| 2023-05 | Byline Bank | For*****LLC | TRAVERSE CITY, MI | $1,000,000 |
| 2023-03 | Byline Bank | SCH*****LLC | TROY, MI | $2,055,000 |
| 2023-03 | 1st State Bank | Nor*****LLC | saginaw, MI | $20,000 |
| 2022-08 | The Huntington National Bank | Spi*****ial | EAST LANSING, MI | $200,000 |
| 2022-06 | Live Oak Banking Company | Eve*****LLC | WILLIAMSTON, MI | $625,000 |
| 2022-05 | Cadence Bank | MAR*****NC. | PORTAGE, MI | $659,000 |
| 2022-05 | The Huntington National Bank | Glo*****LLC | Norton Shores, MI | $25,000 |
| 2022-04 | The Huntington National Bank | RIA*****TED | Fenton, MI | $335,000 |
| 2021-12 | The Huntington National Bank | Leg*****Inc | Grand Blanc, MI | $936,000 |
| 2021-11 | First Internet Bank of Indiana | Bri*****LLC | GRAWN, MI | $1,408,000 |
| 2021-10 | The Bancorp Bank National Association | DCR*****nc. | Detroit, MI | $250,000 |
| 2021-09 | The Huntington National Bank | Dav*****LLC | Flint, MI | $25,000 |
| 2021-09 | Byline Bank | Cra*****ler | FARMINGTON, MI | $770,000 |
| 2021-07 | First Savings Bank | GEO*****INC | LAKE ORION, MI | $150,000 |
| 2021-02 | Honor Bank | Tre*****LLC | TRAVERSE CITY, MI | $150,000 |
| 2021-02 | ChoiceOne Bank | Inv*****LLC | PLYMOUTH, MI | $298,100 |
| 2020-12 | Live Oak Banking Company | Mot*****LLC | BIRMINGHAM, MI | $750,000 |
| 2020-11 | Byline Bank | Ver*****LLC | ROYAL OAK, MI | $300,000 |
| 2020-04 | Byline Bank | KD *****ent | PLYMOUTH, MI | $945,000 |
| 2020-02 | Live Oak Banking Company | Str*****LLC | TROY, MI | $4,750,000 |
| 2020-01 | Live Oak Banking Company | VCP*****nc. | NOVI, MI | $1,225,000 |
| 2019-12 | JPMorgan Chase Bank, National Association | MIC*****INC | BRIGHTON, MI | $1,907,000 |
| 2019-11 | Live Oak Banking Company | Fur*****LLC | FARMINGTON HILLS, MI | $2,695,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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