SBA Loans for Offices of Physicians (except Mental Health Specialists) in Michigan: Top Lenders

NAICS 621

NAICS 621 covers offices of physicians (except mental health specialists) businesses in Michigan. Based on historical SBA 7(a) lending data.

Total Approvals

156

in Michigan

Median Loan Size

$190,000

per approval

Recent Activity

14

last 90 days through Nov 2025

NAICS 621 covers offices of physicians (except mental health specialists) businesses. This is a moderately active sector for SBA 7(a) lending with 156 approvals and a median loan size of $190,000.

Key trends & insights

  • Offices of Physicians (except Mental Health Specialists) in Michigan lending is concentrated — THE Huntington National Bank, Choiceone Bank, Jpmorgan Chase Bank, National Association together account for 63% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • THE Huntington National Bank leads this industry with 70 approvals (52% market share) and a median loan of $146,750.
  • Offices of Physicians (except Mental Health Specialists) in Michigan loans skew smaller than the SBA average at $190,000 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 Offices of Physicians (except Mental Health Specialists) in Michigan

#LenderApprovalsMedian Size
170$146,750
28$250,000
37$100,000
46$1,172,500
54$128,600
64$277,150
74$245,900
83$150,000
93$50,000
103$260,000
113$350,000
123$125,000
133$350,000
142$1,215,000
152$377,750
162$88,000
172$1,056,100
182$225,000
192$57,500
202$343,050

Recent SBA 7(a) approvals for Offices of Physicians (except Mental Health Specialists) in Michigan

MonthLenderBorrowerAmount
2025-11BankVistaMOV*****LLC$20,000
2025-11BankVistaMOV*****LLC$156,000
2025-11Celtic Bank CorporationGle*****LLC$107,200
2025-08Bank of Ann ArborEmp*****LLC$471,400
2025-08Northeast BankGEO*****.C.$125,000
2025-08The Huntington National BankMAT***** PC$20,000
2025-08First Bank of the LakeBRI*****TON$236,500
2025-08The Huntington National BankSer*****LLC$2,582,000
2025-08Bank of America, National AssociationSil*****LLC$306,100
2025-08Heritage Bank IncMET*****TER$150,000
2025-08DFCU FinancialMAT***** PC$500,000
2025-08The Huntington National BankLif*****LLC$20,300
2025-08University BankSwe*****LLC$171,500
2025-06LAF CUUni*****are$1,776,000
2025-05LAF CUEas*****LLC$336,200
2025-05The Huntington National BankI.M*****LLC$25,000
2025-05The Huntington National BankI.M*****LLC$77,400
2025-04Northeast BankTen*****LLC$500,000
2025-03The Huntington National BankTHE*****LLC$50,000
2025-03The Huntington National BankTHE*****LLC$303,000
2025-02ChoiceOne BankArb*****LLC$250,000
2025-02The Huntington National BankThr*****LLC$150,000
2025-02The Huntington National BankC M*****cea$32,000
2025-02The Huntington National BankC M*****cea$19,500
2025-02Readycap Lending, LLCCRE*****LLC$50,000
2025-02JPMorgan Chase Bank, National AssociationLin*****llc$10,000
2025-02The Huntington National BankNID*****LLC$230,000
2025-01Celtic Bank CorporationABH*****ion$150,000
2025-01The Huntington National BankALP*****LLC$150,000
2025-01JPMorgan Chase Bank, National AssociationAli*****PLC$100,000
2025-01Independent BankEll*****LLC$1,475,000
2025-01The Huntington National BankMIC*****PLC$150,000
2025-01Independent BankDec*****LLC$100,000
2025-01The Huntington National BankSer*****LLC$499,000
2025-01ChoiceOne BankCri*****LLC$293,500
2025-01ChoiceOne BankCri*****LLC$41,000
2025-01The Huntington National BankTru*****Inc$150,000
2025-01Lake Michigan CUPRE***** PC$239,400
2024-12Lendistry SBLC, LLCSur*****.C.$297,700
2024-11Readycap Lending, LLCWYA*****LLC$50,000
2024-10Newtek Bank, National AssociationThe*****LLC$100,000
2024-10The Huntington National BankDIX*****LLC$50,000
2024-10The Huntington National BankALL*****LLC$149,000
2024-10Northeast BankMic***** PC$50,000
2024-10Newtek Bank, National AssociationSHE*****LLC$375,000
2024-08Newtek Bank, National AssociationAdv***** PC$350,000
2024-08The Huntington National BankVan*****LLC$1,400,000
2024-08The Huntington National BankNov*****LLC$150,000
2024-08The Dart BankCom*****LLC$3,496,000
2024-08The Huntington National BankARY*****LLC$115,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

Save your lender shortlist & build your packet

Answer 2 more questions to refine your ranking and export a lender-ready packet.

Save & export my packet