Michigan · Wholesale
SBA loans for wholesale in Michigan
1,418 loans worth $633.4M approved since FY2010 for wholesale trade projects located in Michigan.
Loans
1,418
Approved
$633.4M
Median loan
$188,500
-25% vs sector nationally
Median rate
6.25%
Jobs supported
12,751
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to wholesale in Michigan
| Lender | Loans | Approved | Share |
|---|---|---|---|
| The Huntington National Bank | 528 | $172.1M | |
| Fifth Third Bank | 104 | $56.6M | |
| Michigan Certified Development Corporation | 78 | $52.0M | |
| Great Lakes Commercial Finance | 38 | $24.3M | |
| First Merchants Bank | 29 | $22.4M | |
| JPMorgan Chase Bank | 102 | $20.9M | |
| Oakland County Business Finance Corporation | 29 | $17.6M | |
| Old National Bank | 20 | $12.4M |
Detail
Which industries inside the sector
All SBA lending in Michigan
39,327 loans across every sector.
Wholesale nationally
52,654 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to wholesale businesses in Michigan?
- 1,418 SBA loans totalling $633,444,700 have been approved for wholesale trade projects in Michigan since FY2010.
- Which lenders finance wholesale in Michigan?
- The most active by dollars approved are The Huntington National Bank, Fifth Third Bank, Michigan Certified Development Corporation, Great Lakes Commercial Finance. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for wholesale in Michigan?
- The median approval is $188,500, 25% below the national median for this sector ($250,000).
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