SBA Loans for All Other Miscellaneous Wood Product Manufacturing in Michigan: Top Lenders
NAICS 321NAICS 321 covers all other miscellaneous wood product manufacturing businesses in Michigan. Based on historical SBA 7(a) lending data.
Total Approvals
10
in Michigan
Median Loan Size
$245,800
per approval
Recent Activity
0
last 90 days through Nov 2024
NAICS 321 covers all other miscellaneous wood product manufacturing businesses. This is a smaller category in SBA 7(a) lending with 10 approvals on record and a median loan size of $245,800.
Key trends & insights
- All Other Miscellaneous Wood Product Manufacturing in Michigan lending is concentrated — THE Huntington National Bank, Fifth Third Bank, Bank OF ANN Arbor together account for 80% of all approvals. If you're in this industry, these are your highest-probability lenders.
- THE Huntington National Bank leads this industry with 6 approvals (60% market share) and a median loan of $208,750.
- SBA data for this industry goes through 2024-11-05 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for All Other Miscellaneous Wood Product Manufacturing in Michigan
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 6 | $208,750 | |
| 2 | 1 | $2,207,700 | |
| 3 | 1 | $45,000 | |
| 4 | 1 | $241,600 | |
| 5 | 1 | $300,000 |
Recent SBA 7(a) approvals for All Other Miscellaneous Wood Product Manufacturing in Michigan
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-11 | The Huntington National Bank | Cra*****ion | ROCHESTER HILLS, MI | $30,000 |
| 2024-11 | The Huntington National Bank | Cra*****ion | ROCHESTER HILLS, MI | $167,500 |
| 2023-05 | The Huntington National Bank | P N*****nc. | Imlay City, MI | $200,000 |
| 2023-02 | The Huntington National Bank | BLA*****LLC | Zeeland, MI | $250,000 |
| 2022-04 | The Huntington National Bank | Sur*****LLC | East Jordan, MI | $50,000 |
| 2022-03 | JPMorgan Chase Bank, National Association | Pra*****nc. | STURGIS, MI | $300,000 |
| 2021-08 | The Huntington National Bank | Dab*****ion | Jackson, MI | $250,000 |
| 2021-08 | The Huntington National Bank | DBR*****LLC | Jackson, MI | $1,770,000 |
| 2021-06 | First Merchants Bank | DPC*****LLC | GRAND RAPIDS, MI | $241,600 |
| 2021-06 | Fifth Third Bank | Gon*****LLC | Spring Lake, MI | $2,207,700 |
| 2021-04 | The Huntington National Bank | Dak*****LLC | Wyoming, MI | $100,000 |
| 2020-08 | Bank of Ann Arbor | Jos*****ard | Carney, MI | $45,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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