SBA Loans for Nonupholstered Wood Household Furniture Manufacturing in Michigan: Top Lenders
NAICS 337NAICS 337 covers nonupholstered wood household furniture manufacturing businesses in Michigan. Based on historical SBA 7(a) lending data.
Total Approvals
5
in Michigan
Median Loan Size
$40,000
per approval
Recent Activity
0
last 90 days through Oct 2024
NAICS 337 covers nonupholstered wood household furniture manufacturing businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $40,000.
Key trends & insights
- Nonupholstered Wood Household Furniture Manufacturing in Michigan loans skew smaller than the SBA average at $40,000 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 2024-10-04 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Nonupholstered Wood Household Furniture Manufacturing in Michigan
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $32,500 | |
| 2 | 1 | $50,000 |
Recent SBA 7(a) approvals for Nonupholstered Wood Household Furniture Manufacturing in Michigan
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-04 | The Huntington National Bank | THE*****LLC | MACOMB, MI | $152,300 |
| 2025-02 | CDC Small Business Finance Corp. | ERI*****LLC | Leonard, MI | $140,000 |
| 2024-10 | The Huntington National Bank | H&S*****ing | CLARE, MI | $25,000 |
| 2023-08 | Horizon Bank | Fel*****LLC | BENTON HARBOR, MI | $178,000 |
| 2021-11 | The Huntington National Bank | THI*****LLC | Grand Rapids, MI | $40,000 |
| 2021-10 | The Huntington National Bank | AJJ*****LLC | ROSEVILLE, MI | $20,000 |
| 2021-05 | Credit Union One | DIS*****NC. | FERNDALE, MI | $50,000 |
| 2019-12 | The Huntington National Bank | New*****LLC | Clinton Twp, MI | $100,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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