SBA Loans for Electronics Stores in Michigan: Top Lenders
NAICS 443NAICS 443 covers electronics stores businesses in Michigan. Based on historical SBA 7(a) lending data.
Total Approvals
3
in Michigan
Median Loan Size
$500,000
per approval
Recent Activity
0
last 90 days through Mar 2021
NAICS 443 covers electronics stores businesses. This is a smaller category in SBA 7(a) lending with 3 approvals on record and a median loan size of $500,000.
Key trends & insights
- SBA data for this industry goes through 2021-03-25 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Electronics Stores in Michigan
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $544,000 | |
| 2 | 1 | $500,000 |
Recent SBA 7(a) approvals for Electronics Stores in Michigan
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2021-03 | The Huntington National Bank | Stu*****LLC | Owosso, MI | $100,000 |
| 2021-03 | The Huntington National Bank | Stu*****LLC | Owosso, MI | $988,000 |
| 2020-08 | Nicolet National Bank | Jac*****nc. | Sault Sainte Marie, MI | $500,000 |
| 2020-01 | The Huntington National Bank | PHO*****LLC | Southfield, MI | $8,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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