SBA Loans for All Other Home Furnishings Stores in Michigan: Top Lenders
NAICS 442NAICS 442 covers all other home furnishings stores businesses in Michigan. Based on historical SBA 7(a) lending data.
Total Approvals
5
in Michigan
Median Loan Size
$120,000
per approval
Recent Activity
0
last 90 days through Aug 2021
NAICS 442 covers all other home furnishings stores businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $120,000.
Key trends & insights
- All Other Home Furnishings Stores in Michigan lending is concentrated — Comerica Bank, 4front Credit Union, PNC Bank, National Association together account for 80% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Comerica Bank leads this industry with 2 approvals (40% market share) and a median loan of $147,500.
- All Other Home Furnishings Stores in Michigan loans skew smaller than the SBA average at $120,000 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 2021-08-02 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for All Other Home Furnishings Stores in Michigan
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $147,500 | |
| 2 | 1 | $75,000 | |
| 3 | 1 | $108,000 | |
| 4 | 1 | $150,000 |
Recent SBA 7(a) approvals for All Other Home Furnishings Stores in Michigan
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2021-08 | Comerica Bank | Al****tti | Wayland, MI | $120,000 |
| 2021-06 | PNC Bank, National Association | MIC*****LLC | PINCKNEY, MI | $108,000 |
| 2021-01 | 4Front Credit Union | Mat*****LLC | GRAND HAVEN, MI | $75,000 |
| 2020-11 | United Midwest Savings Bank National Association | ANN*****LLC | ROCKFORD, MI | $150,000 |
| 2020-05 | Comerica Bank | Car*****nc. | Pinckney, MI | $175,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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