SBA Loans for Hotels (except Casino Hotels) and Motels in Michigan: Top Lenders
NAICS 721NAICS 721 covers hotels (except casino hotels) and motels businesses in Michigan. Based on historical SBA 7(a) lending data.
Total Approvals
36
in Michigan
Median Loan Size
$1,440,000
per approval
Recent Activity
4
last 90 days through Aug 2025
NAICS 721 covers hotels (except casino hotels) and motels businesses. This is a smaller category in SBA 7(a) lending with 36 approvals on record and a median loan size of $1,440,000.
Key trends & insights
- Gbank leads this industry with 8 approvals (22% market share) and a median loan of $2,300,000.
- Hotels (except Casino Hotels) and Motels in Michigan loans run larger than the SBA average — a $1,440,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
Most active SBA lenders for Hotels (except Casino Hotels) and Motels in Michigan
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 8 | $2,300,000 | |
| 2 | 5 | $2,450,000 | |
| 3 | 3 | $300,000 | |
| 4 | 2 | $2,168,150 | |
| 5 | 2 | $976,200 | |
| 6 | 2 | $387,500 | |
| 7 | 1 | $582,000 | |
| 8 | 1 | $100,000 | |
| 9 | 1 | $607,500 | |
| 10 | 1 | $3,000,000 | |
| 11 | 1 | $507,000 | |
| 12 | 1 | $125,000 | |
| 13 | 1 | $843,000 | |
| 14 | 1 | $257,500 | |
| 15 | 1 | $750,000 | |
| 16 | 1 | $950,000 | |
| 17 | 1 | $2,131,000 | |
| 18 | 1 | $2,543,000 | |
| 19 | 1 | $860,000 | |
| 20 | 1 | $1,395,000 |
Recent SBA 7(a) approvals for Hotels (except Casino Hotels) and Motels in Michigan
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | GBank | LAK*****LLC | Houghton Lake, MI | $1,871,000 |
| 2025-12 | University Bank | Nor*****nc. | Southgate, MI | $4,660,000 |
| 2025-12 | Bank of Hope | EKA*****LLC | SAGINAW, MI | $1,550,000 |
| 2025-11 | Enterprise Bank & Trust | Qua*****tes | BAY CITY, MI | $3,313,600 |
| 2025-11 | Shoreham Bank | Glo*****LLC | GRAND BLANC, MI | $5,000,000 |
| 2025-09 | GBank | LEV*****LLC | AUBURN HILLS, MI | $5,000,000 |
| 2025-09 | LAF CU | Pea*****LLC | Luther, MI | $1,063,500 |
| 2025-08 | Enterprise Bank & Trust | B&G*****any | BAY CITY, MI | $3,313,600 |
| 2025-08 | Port 51 Lending LLC | RED*****NC. | WAYNE, MI | $750,000 |
| 2025-08 | US Metro Bank | AM****INN | MENOMINEE, MI | $5,000,000 |
| 2025-08 | GBank | TWI*****NC. | Battle Creek, MI | $5,000,000 |
| 2025-08 | Celtic Bank Corporation | ANG*****INC | Kalamazoo, MI | $1,832,000 |
| 2025-07 | Independent Bank | Gra*****LLC | GRAND HAVEN, MI | $3,000,000 |
| 2025-07 | 4Front Credit Union | Stu*****und | WOLVERINE, MI | $585,000 |
| 2025-06 | Shoreham Bank | RM *****LLC | JACKSON, MI | $2,200,000 |
| 2025-05 | Centerstone SBA Lending, Inc. | Hom*****Inn | BATTLE CREEK, MI | $860,000 |
| 2025-05 | ChoiceOne Bank | Owe*****ion | HILLMAN, MI | $300,000 |
| 2025-05 | Stearns Bank National Association | PA *****LLC | NEW BUFFALO, MI | $5,000,000 |
| 2025-04 | Newtek Bank, National Association | GIN*****TEL | Mt Pleasant, MI | $80,000 |
| 2025-04 | US Metro Bank | AIR*****INT | FLINT, MI | $1,070,000 |
| 2025-03 | Commonwealth Business Bank | Sun*****nc. | DEARBORN, MI | $1,945,000 |
| 2024-12 | GBank | HOM*****INN | Livonia, MI | $4,520,000 |
| 2024-12 | Merchants Bank of Indiana | CRE*****LLC | SAULT SAINTE MARIE, MI | $900,000 |
| 2024-12 | First Utah Bank | MH *****LLC | MADISON HEIGHTS, MI | $5,000,000 |
| 2024-11 | First Utah Bank | FH *****LLC | FARMINGTON HILLS, MI | $5,000,000 |
| 2024-09 | Millennium Bank | Axr*****Inc | Saint Joseph, MI | $1,500,000 |
| 2024-08 | The Huntington National Bank | Jad*****LLC | ALLEGAN, MI | $300,000 |
| 2024-08 | Shoreham Bank | Dhi*****LLC | SOUTHGATE, MI | $4,263,000 |
| 2024-08 | Newtek Bank, National Association | She*****ord | WATERFORD, MI | $125,000 |
| 2024-06 | Centerstone SBA Lending, Inc. | Vil*****olt | HOLT, MI | $1,115,000 |
| 2024-05 | 1st State Bank | JF***INC | BAY CITY, MI | $920,000 |
| 2024-05 | Newtek Bank, National Association | Lei*****Inc | SUMNER, MI | $500,000 |
| 2024-04 | Huron Community Bank | Thr*****LLC | Oscoda, MI | $640,000 |
| 2024-03 | Shoreham Bank | Shr*****ion | DOUGLAS, MI | $3,075,000 |
| 2024-02 | Shoreham Bank | Ka***Inc | OSCODA, MI | $1,200,000 |
| 2024-01 | Millennium Bank | Shu*****Inc | Battle Creek, MI | $1,000,000 |
| 2024-01 | GBank | LI***INC | INDIAN RIVER, MI | $1,485,000 |
| 2024-01 | GBank | QUA*****KER | Walker, MI | $2,556,000 |
| 2024-01 | Citizens National Bank of Cheboygan | Loc*****LLC | INDIAN RIVER, MI | $75,000 |
| 2023-12 | The Huntington National Bank | OKB*****LLC | HARRISON, MI | $510,000 |
| 2023-12 | The Huntington National Bank | OKB*****LLC | HARRISON, MI | $25,000 |
| 2023-12 | Shoreham Bank | Sta*****LLC | CANTON, MI | $2,880,000 |
| 2023-11 | Millennium Bank | Sam*****LLC | Lansing, MI | $5,000,000 |
| 2023-11 | GBank | YJ**LLC | LANSING, MI | $3,404,000 |
| 2023-10 | The Huntington National Bank | WOO*****LLC | Bear Lake, MI | $25,000 |
| 2023-10 | Shoreham Bank | Shi*****LLC | MONROE, MI | $2,000,000 |
| 2023-09 | Readycap Lending, LLC | PIN*****NC. | LANSING, MI | $4,600,000 |
| 2023-08 | First Bank of the Lake | KHU*****NC. | CHARLOTTE, MI | $100,000 |
| 2023-08 | Millennium Bank | Dev*****Inc | Grand Rapids, MI | $700,000 |
| 2023-06 | The Huntington National Bank | Gle*****LLC | Petoskey, MI | $1,241,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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