SBA Loans for Logging in Michigan: Top Lenders
NAICS 113NAICS 113 covers logging businesses in Michigan. Based on historical SBA 7(a) lending data.
Total Approvals
4
in Michigan
Median Loan Size
$42,500
per approval
Recent Activity
0
last 90 days through Aug 2023
NAICS 113 covers logging businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $42,500.
Key trends & insights
- Logging in Michigan loans skew smaller than the SBA average at $42,500 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 2023-08-12 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Logging in Michigan
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $42,500 |
Recent SBA 7(a) approvals for Logging in Michigan
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2023-08 | The Huntington National Bank | Laf*****LC. | Harrison, MI | $18,000 |
| 2023-08 | The Huntington National Bank | Tam****app | Decker, MI | $25,000 |
| 2022-03 | The Huntington National Bank | C-J*****LLC | Boyne City, MI | $100,000 |
| 2022-03 | The Huntington National Bank | C-J*****LLC | Boyne City, MI | $60,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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