SBA Loans for Employee Leasing Services in Michigan: Top Lenders
NAICS 561NAICS 561 covers employee leasing services businesses in Michigan. Based on historical SBA 7(a) lending data.
Total Approvals
127
in Michigan
Median Loan Size
$100,000
per approval
Recent Activity
11
last 90 days through Dec 2025
NAICS 561 covers employee leasing services businesses. This is a moderately active sector for SBA 7(a) lending with 127 approvals and a median loan size of $100,000.
Key trends & insights
- Employee Leasing Services in Michigan lending is concentrated — THE Huntington National Bank, United Midwest Savings Bank, National Association, Newtek Bank, National Association together account for 67% of all approvals. If you're in this industry, these are your highest-probability lenders.
- THE Huntington National Bank leads this industry with 61 approvals (56% market share) and a median loan of $51,400.
- Employee Leasing Services in Michigan loans skew smaller than the SBA average at $100,000 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 Employee Leasing Services in Michigan
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 61 | $51,400 | |
| 2 | 6 | $150,000 | |
| 3 | 5 | $150,000 | |
| 4 | 4 | $633,500 | |
| 5 | 3 | $20,000 | |
| 6 | 3 | $350,000 | |
| 7 | 3 | $50,000 | |
| 8 | 3 | $391,900 | |
| 9 | 3 | $250,000 | |
| 10 | 2 | $129,450 | |
| 11 | 2 | $475,000 | |
| 12 | 2 | $120,000 | |
| 13 | 2 | $1,017,500 | |
| 14 | 2 | $750,000 | |
| 15 | 2 | $475,000 | |
| 16 | 1 | $194,600 | |
| 17 | 1 | $500,000 | |
| 18 | 1 | $130,000 | |
| 19 | 1 | $150,000 | |
| 20 | 1 | $115,600 |
Recent SBA 7(a) approvals for Employee Leasing Services in Michigan
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | The Huntington National Bank | SPE*****NC. | CANTON, MI | $100,000 |
| 2025-11 | Newtek Bank, National Association | Mai*****LLC | NOVI, MI | $80,000 |
| 2025-08 | The Huntington National Bank | Lak*****LLC | COMMERCE TWP, MI | $50,000 |
| 2025-08 | The Huntington National Bank | Lak*****LLC | COMMERCE TWP, MI | $300,000 |
| 2025-08 | Cadence Bank | SB *****LLC | FARMINGTON HILLS, MI | $200,000 |
| 2025-08 | Newtek Bank, National Association | Con*****LLC | Pleasant Lake, MI | $65,000 |
| 2025-08 | Old National Bank | HUN*****LLC | COMSTOCK PARK, MI | $100,000 |
| 2025-08 | Old National Bank | HUN*****LLC | COMSTOCK PARK, MI | $391,900 |
| 2025-08 | 4Front Credit Union | Stu*****nc. | GAYLORD, MI | $100,000 |
| 2025-07 | The Huntington National Bank | Bar*****low | Wyoming, MI | $86,000 |
| 2025-06 | Community Choice CU | Pre*****LLC | Livonia, MI | $1,162,000 |
| 2025-03 | The Huntington National Bank | CAL*****INC | HIGHLAND, MI | $100,000 |
| 2025-03 | JPMorgan Chase Bank, National Association | MAR*****.C. | WASHINGTON, MI | $500,000 |
| 2025-03 | The Huntington National Bank | COM*****LLC | KINGSLEY, MI | $15,000 |
| 2025-03 | Independent Bank | Sea*****nis | TRAVERSE CITY, MI | $50,000 |
| 2025-03 | Horizon Bank | CAM*****LLC | GRAND RAPIDS, MI | $673,800 |
| 2025-03 | Independent Bank | Sea*****nis | TRAVERSE CITY, MI | $611,700 |
| 2025-03 | 1st Source Bank | Qua*****LLC | BENTON HARBOR, MI | $30,000 |
| 2025-03 | Horizon Bank | Gri*****LLC | GRAND RAPIDS, MI | $276,200 |
| 2025-03 | PNC Bank, National Association | GES*****LLC | EATON RAPIDS, MI | $20,000 |
| 2025-02 | The Huntington National Bank | COU*****LLC | PORTLAND, MI | $32,000 |
| 2025-02 | First Merchants Bank | THE*****LLC | ANN ARBOR, MI | $50,000 |
| 2025-02 | Kellogg Community CU | Pri*****LLC | Hopkins, MI | $90,000 |
| 2025-01 | The Huntington National Bank | Gre*****LLC | KALAMAZOO, MI | $50,000 |
| 2024-12 | The Huntington National Bank | MID*****LLC | DAVISON, MI | $51,400 |
| 2024-12 | The Huntington National Bank | Top*****LLC | WEST OLIVE, MI | $1,152,500 |
| 2024-12 | Newtek Bank, National Association | VI**USA | BROHMAN, MI | $200,000 |
| 2024-11 | The Huntington National Bank | WB *****LLC | DEXTER, MI | $50,000 |
| 2024-11 | The Huntington National Bank | WB *****LLC | DEXTER, MI | $255,000 |
| 2024-11 | Bank of America, National Association | CAT*****LLC | AUBURN HILLS, MI | $250,000 |
| 2024-10 | The Huntington National Bank | Sco*****LLC | WILLIAMSTON, MI | $350,000 |
| 2024-08 | The Huntington National Bank | Mic*****LLC | GROSSE POINTE FARMS, MI | $25,000 |
| 2024-08 | The Huntington National Bank | Mic*****LLC | GROSSE POINTE FARMS, MI | $35,000 |
| 2024-08 | The Huntington National Bank | Mic*****LLC | GROSSE POINTE FARMS, MI | $25,000 |
| 2024-08 | The Huntington National Bank | Shu*****LLC | FENTON, MI | $15,000 |
| 2024-08 | The Huntington National Bank | Thr*****LLC | BEAVERTON, MI | $37,100 |
| 2024-08 | Northeast Bank | HC *****LLC | Lake Orion, MI | $50,000 |
| 2024-08 | The Huntington National Bank | D'S*****LLC | LINWOOD, MI | $24,000 |
| 2024-08 | The Huntington National Bank | WW *****LLC | ALLEGAN, MI | $80,400 |
| 2024-08 | Lendistry SBLC, LLC | THE*****LLC | BEULAH, MI | $500,000 |
| 2024-07 | The Huntington National Bank | Hom*****LLC | DAVISON, MI | $20,000 |
| 2024-07 | Newtek Bank, National Association | Ch**deo | Farmington hills, MI | $4,600,000 |
| 2024-07 | The Huntington National Bank | Hom*****LLC | DAVISON, MI | $50,000 |
| 2024-07 | Wildfire CU | Tri*****LLC | Midland, MI | $169,900 |
| 2024-07 | Northeast Bank | T-N*****NC. | Belleville, MI | $50,000 |
| 2024-06 | Bank Michigan | Hun*****LLC | Monroe, MI | $200,000 |
| 2024-06 | The Huntington National Bank | Ame*****Inc | CHEBOYGAN, MI | $4,947,000 |
| 2024-04 | The Huntington National Bank | ALL*****LLC | SHEPHERD, MI | $50,000 |
| 2024-03 | Chelsea State Bank | Ant*****ted | Detroit, MI | $1,280,500 |
| 2024-02 | The Huntington National Bank | Str*****LLC | ROMULUS, MI | $85,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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