SBA Loans for Seafood Product Preparation and Packaging in Michigan: Top Lenders
NAICS 311NAICS 311 covers seafood product preparation and packaging businesses in Michigan. Based on historical SBA 7(a) lending data.
Total Approvals
28
in Michigan
Median Loan Size
$100,000
per approval
Recent Activity
1
last 90 days through Aug 2025
NAICS 311 covers seafood product preparation and packaging businesses. This is a smaller category in SBA 7(a) lending with 28 approvals on record and a median loan size of $100,000.
Key trends & insights
- Seafood Product Preparation and Packaging in Michigan lending is concentrated — THE Huntington National Bank, Newtek Small Business Finance, INC., Horizon Bank together account for 57% of all approvals. If you're in this industry, these are your highest-probability lenders.
- THE Huntington National Bank leads this industry with 13 approvals (46% market share) and a median loan of $30,000.
- Seafood Product Preparation and Packaging 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 Seafood Product Preparation and Packaging in Michigan
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 13 | $30,000 | |
| 2 | 2 | $534,750 | |
| 3 | 1 | $650,000 | |
| 4 | 1 | $227,000 | |
| 5 | 1 | $50,000 | |
| 6 | 1 | $700,000 | |
| 7 | 1 | $50,000 | |
| 8 | 1 | $584,800 | |
| 9 | 1 | $2,000,000 | |
| 10 | 1 | $700,000 | |
| 11 | 1 | $160,000 | |
| 12 | 1 | $3,304,700 | |
| 13 | 1 | $338,400 | |
| 14 | 1 | $220,000 | |
| 15 | 1 | $200,000 |
Recent SBA 7(a) approvals for Seafood Product Preparation and Packaging in Michigan
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-08 | Enterprise Bank & Trust | FOO*****LLC | DETROIT, MI | $160,000 |
| 2025-01 | The Huntington National Bank | Zsc*****LLC | DETROIT, MI | $50,000 |
| 2025-01 | The Huntington National Bank | Zsc*****LLC | DETROIT, MI | $100,000 |
| 2024-11 | Horizon Bank | Wes*****LLC | GRAND RAPIDS, MI | $650,000 |
| 2024-10 | The Huntington National Bank | DEE*****LLC | UTICA, MI | $13,000 |
| 2024-02 | Meadows Bank | NOT*****613 | WEST BLOOMFIELD, MI | $700,000 |
| 2024-02 | The Huntington National Bank | Ver*****.C. | SAINT JOSEPH, MI | $150,000 |
| 2024-02 | Dogwood State Bank | Coo*****ign | Grandville, MI | $227,000 |
| 2023-11 | First Merchants Bank | Hom*****LLC | WESTLAND, MI | $50,000 |
| 2023-08 | Comerica Bank | Pro*****LLC | WARREN, MI | $50,000 |
| 2023-03 | Newtek Bank, National Association | Spi*****any | ROCKFORD, MI | $2,000,000 |
| 2023-02 | 4Front Credit Union | Com*****nc. | Traverse City, MI | $200,000 |
| 2023-01 | The Huntington National Bank | Gou*****LLC | Clinton Township, MI | $70,000 |
| 2023-01 | The Huntington National Bank | Gou*****LLC | Clinton Township, MI | $100,000 |
| 2022-12 | The Huntington National Bank | Gra*****LLC | Alpena, MI | $100,000 |
| 2022-10 | The Huntington National Bank | DAN*****LLC | Grand Rapids, MI | $12,000 |
| 2022-08 | The Huntington National Bank | SME****LLC | Sterling Heights, MI | $12,000 |
| 2022-08 | The Huntington National Bank | SME****LLC | Sterling Heights, MI | $30,000 |
| 2022-06 | Consumers Credit Union | Oha*****LLC | Grandville, MI | $700,000 |
| 2022-04 | The Huntington National Bank | WAS*****.C. | DEXTER, MI | $12,000 |
| 2022-04 | The Huntington National Bank | WAS*****.C. | DEXTER, MI | $10,000 |
| 2022-03 | JPMorgan Chase Bank, National Association | Bud*****LLC | FRASER, MI | $3,304,700 |
| 2022-03 | Newtek Small Business Finance, Inc. | SEM*****LLC | HART, MI | $54,000 |
| 2021-12 | Nicolet National Bank | Eig*****LLC | IRON RIVER, MI | $584,800 |
| 2021-08 | West Shore Bank | DAM*****LLC | Northport, MI | $338,400 |
| 2021-04 | The Huntington National Bank | Nex*****LLC | ZEELAND, MI | $25,000 |
| 2021-02 | Opportunity Resource Fund | Rei*****Inc | Rochester Hills, MI | $220,000 |
| 2020-12 | Newtek Small Business Finance, Inc. | Mot*****Inc | DETROIT, MI | $1,015,500 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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