SBA Lenders in Detroit, Michigan

Top lenders ranked by real SBA lending data in the Detroitmetro area. See who's most active across deal count, loan size, and pricing.

Total SBA Loans

1,209

Active Lenders

93

Avg Deal Size

$405K

Total Volume

$490.1M

Top Lenders in Detroit

Ranked by total deal count in the Detroit metro area.

#	Lender	Type	Deals	Avg Size	Spread
1	The Huntington National Bank	Bank	460	$221K	P + 2.24%GOOD
2	Comerica Bank	Bank	66	$442K	P + 1.50%COMPETITIVE
3	JPMorgan Chase Bank, National Association	Bank	50	$175K	P + 3.44%ABOVE AVG
4	First Merchants Bank	Bank	47	$555K	P + 2.25%GOOD
5	Citizens Bank, National Association	Bank	40	$270K	P + 2.54%AVERAGE
6	Newtek Small Business Finance, Inc.	Non-Bank	22	$599K	P + 2.75%AVERAGE
7	First Internet Bank of Indiana	Bank	21	$1.2M	P + 2.75%AVERAGE
8	Newtek Bank, National Association	Bank	20	$500K	P + 3.00%ABOVE AVG
9	KeyBank National Association	Bank	19	$408K	P + 2.25%GOOD
10	Fifth Third Bank	Bank	19	$737K	P + 2.25%GOOD

#1The Huntington National Bank

P + 2.24%

Bank460 deals$221K avg

#2Comerica Bank

P + 1.50%

Bank66 deals$442K avg

#3JPMorgan Chase Bank, National Association

P + 3.44%

Bank50 deals$175K avg

#4First Merchants Bank

P + 2.25%

Bank47 deals$555K avg

#5Citizens Bank, National Association

P + 2.54%

Bank40 deals$270K avg

#6Newtek Small Business Finance, Inc.

P + 2.75%

Non-Bank22 deals$599K avg

#7First Internet Bank of Indiana

P + 2.75%

Bank21 deals$1.2M avg

#8Newtek Bank, National Association

P + 3.00%

Bank20 deals$500K avg

#9KeyBank National Association

P + 2.25%

Bank19 deals$408K avg

#10Fifth Third Bank

P + 2.25%

Bank19 deals$737K avg

Top Industries in Detroit

SBA lending activity by industry in the Detroit metro area.

Food & Beverage StoresRetail Trade

249 deals$539K avg

Restaurants & Food ServiceAccommodation & Food Services

164 deals$454K avg

ManufacturingManufacturing

88 deals$491K avg

Transportation & WarehousingTransportation & Warehousing

74 deals$232K avg

Specialty Trade ContractorsConstruction

54 deals$289K avg

Wholesale TradeWholesale Trade

51 deals$326K avg

Administrative & Waste ServicesAdministrative & Waste Services

50 deals$343K avg

Auto Repair & MaintenanceOther Services

45 deals$395K avg

Retail TradeRetail Trade

44 deals$136K avg

Arts, Entertainment & RecreationArts, Entertainment & Recreation

32 deals$540K avg