SBA 7(a) lenders in Wayne, MI

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

164 institutions have SBA 7(a) loans on record in Wayne, together $1.80B across 5,572 loans. The Huntington National Bank is the largest, with 26% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	The Huntington National Bank	2,720	$462.9M	25.7%	1.93%
2	Fifth Third Bank	362	$166.1M	9.2%	0.74%
3	First Internet Bank of Indiana	59	$76.8M	4.3%	0.00%
4	Live Oak Banking Company	51	$70.9M	3.9%	0.00%
5	JPMorgan Chase Bank, National Association	439	$65.2M	3.6%	2.91%
6	First Merchants Bank	122	$64.4M	3.6%	1.33%
7	ChoiceOne Bank	54	$52.5M	2.9%	0.00%
8	Byline Bank	33	$47.6M	2.6%	0.68%
9	Citizens Bank, National Association	263	$43.1M	2.4%	2.31%
10	Celtic Bank Corporation	75	$40.2M	2.2%	1.72%
11	KeyBank National Association	95	$38.4M	2.1%	0.18%
12	Newtek Small Business Finance, Inc.	64	$36.1M	2.0%	0.00%
13	Oxford Bank	37	$28.7M	1.6%	0.00%
14	Shoreham Bank	18	$24.4M	1.4%	1.21%
15	Independent Bank	28	$23.8M	1.3%	0.00%
16	Newtek Bank, National Association	80	$23.6M	1.3%	0.00%
17	Credit Union One	44	$23.2M	1.3%	0.03%
18	Bank of Ann Arbor	34	$21.1M	1.2%	2.84%
19	PNC Bank, National Association	105	$18.4M	1.0%	0.71%
20	IncredibleBank	16	$15.8M	0.9%	0.00%
21	Old National Bank	23	$15.4M	0.9%	0.00%
22	BankUnited, National Association	24	$15.2M	0.8%	0.00%
23	Superior National Bank	16	$15.1M	0.8%	0.00%
24	United FCU	14	$14.1M	0.8%	0.00%
25	Wells Fargo Bank National Association	24	$14.0M	0.8%	0.07%
26	Bank of America, National Association	43	$14.0M	0.8%	0.18%
27	First Western SBLC, LLC	6	$12.4M	0.7%	0.00%
28	First State Bank	20	$11.7M	0.6%	0.11%
29	United Midwest Savings Bank National Association	30	$11.3M	0.6%	2.27%
30	Northeast Bank	57	$10.4M	0.6%	8.43%
31	DFCU Financial	13	$10.1M	0.6%	0.00%
32	Community Choice CU	30	$9.7M	0.5%	0.00%
33	GBank	3	$9.2M	0.5%	0.00%
34	Readycap Lending, LLC	38	$9.0M	0.5%	5.12%
35	CRF Small Business Loan Company, LLC	11	$8.7M	0.5%	0.00%
36	The MINT National Bank	4	$8.5M	0.5%	0.00%
37	Columbia Bank	5	$7.5M	0.4%	0.00%
38	BayFirst National Bank	44	$7.5M	0.4%	29.58%
39	Legence Bank	8	$7.1M	0.4%	2.66%
40	First National Bank of Pennsylvania	6	$6.9M	0.4%	18.96%
41	University Bank	8	$6.6M	0.4%	0.00%
42	Lake Trust CU	12	$6.5M	0.4%	0.00%
43	Pathward National Association	4	$6.2M	0.3%	0.00%
44	Northwest FCU	3	$6.0M	0.3%	0.00%
45	Open Bank	2	$5.9M	0.3%	0.00%
46	U.S. Bank, National Association	19	$5.8M	0.3%	0.49%
47	Bank Michigan	12	$5.7M	0.3%	0.00%
48	Happen Bank	4	$5.7M	0.3%	0.00%
49	Chelsea State Bank	7	$5.6M	0.3%	0.00%
50	Michigan Schools and Government Credit Union	12	$5.6M	0.3%	0.00%
51	Citizens Bank	6	$5.4M	0.3%	0.00%
52	Stearns Bank National Association	11	$5.4M	0.3%	0.00%
53	Grasshopper Bank National Association	5	$5.2M	0.3%	0.00%
54	Cache Valley Bank	1	$5.0M	0.3%	0.00%
55	First Utah Bank	1	$5.0M	0.3%	0.00%
56	FDIC - Community Bank & Trust-West Georgia	3	$4.9M	0.3%	0.00%
57	Bankwell Bank	1	$4.9M	0.3%	0.00%
58	Pima FCU	1	$4.7M	0.3%	0.00%
59	Beacon Bank and Trust	2	$4.6M	0.3%	0.00%
60	Alliance Catholic CU	3	$4.5M	0.3%	0.00%
61	First-Citizens Bank & Trust Company	4	$4.4M	0.2%	0.00%
62	CDC Small Business Finance Corp.	33	$3.8M	0.2%	18.07%
63	Fund-Ex Solutions Group, LLC	1	$3.8M	0.2%	0.00%
64	The Bancorp Bank National Association	7	$3.7M	0.2%	0.00%
65	Genesis Bank	5	$3.3M	0.2%	0.00%
66	Harvest Small Business Finance, LLC	5	$3.3M	0.2%	0.00%
67	Flagstar Bank National Association	18	$3.2M	0.2%	0.00%
68	Enterprise Bank & Trust	5	$3.2M	0.2%	0.00%
69	United Community Bank	7	$3.1M	0.2%	0.00%
70	First Bank of the Lake	8	$3.0M	0.2%	7.17%
71	Community Unity Bank	2	$2.9M	0.2%	0.00%
72	First Commonwealth Bank	3	$2.8M	0.2%	0.00%
73	Gulf Coast Bank and Trust Company	4	$2.6M	0.1%	0.00%
74	Metro City Bank	1	$2.6M	0.1%	0.00%
75	Evolve Bank and Trust	1	$2.5M	0.1%	0.00%
76	CIBC Bank USA	6	$2.5M	0.1%	0.00%
77	Northwest Bank	3	$2.5M	0.1%	0.00%
78	TowneBank	2	$2.5M	0.1%	0.00%
79	Commonwealth Business Bank	2	$2.4M	0.1%	0.00%
80	Customers Bank	3	$2.4M	0.1%	0.00%
81	Milestone Bank	3	$2.4M	0.1%	0.00%
82	First Independence Bank	8	$2.2M	0.1%	0.00%
83	Federal Deposit Insurance Corporation	2	$2.1M	0.1%	0.00%
84	Hanover Community Bank	1	$2.1M	0.1%	0.00%
85	Popular Bank	8	$2.0M	0.1%	83.22%
86	Everwise Credit Union	1	$2.0M	0.1%	0.00%
87	Genisys CU	8	$1.9M	0.1%	0.00%
88	Banc of California	4	$1.9M	0.1%	29.64%
89	22nd State Bank, A Division of 22nd State Banking Company	1	$1.9M	0.1%	0.00%
90	WesBanco Bank, Inc.	2	$1.9M	0.1%	0.00%
91	US Eagle FCU	1	$1.8M	0.1%	0.00%
92	Colony Bank	8	$1.8M	0.1%	0.00%
93	Providence Bank and Trust	3	$1.8M	0.1%	41.41%
94	The Freedom Bank of Virginia	2	$1.6M	0.1%	0.00%
95	Horizon Bank	3	$1.6M	0.1%	0.00%
96	First Bank	3	$1.6M	0.1%	0.00%
97	Heritage Bank Inc	2	$1.6M	0.1%	0.00%
98	Five Star Bank	6	$1.5M	0.1%	6.47%
99	Ameris Bank	2	$1.5M	0.1%	0.00%
100	Christian Financial CU	3	$1.4M	0.1%	0.00%
101	Simmons Bank	6	$1.3M	0.1%	18.00%
102	Bank of Hope	1	$1.3M	0.1%	0.00%
103	Meridian Bank	3	$1.3M	0.1%	0.00%
104	Arcadian Bank	1	$1.2M	0.1%	0.00%
105	Midland States Bank	1	$1.2M	0.1%	0.00%
106	First Financial Bank	1	$1.1M	0.1%	0.00%
107	First Business Bank	2	$1.1M	0.1%	0.00%
108	Bank Five Nine	3	$1.1M	0.1%	0.00%
109	Independence Bank	9	$1.1M	0.1%	40.32%
110	Lendistry SBLC, LLC	8	$1.1M	0.1%	0.00%
111	VelocitySBA, LLC	29	$1.1M	0.1%	5.87%
112	Hometown Bank	1	$1.0M	0.1%	0.00%
113	Centerstone SBA Lending, Inc.	2	$1.0M	0.1%	0.00%
114	Diversified Members Credit Union	1	$990K	0.1%	0.00%
115	Omni Community Credit Union	1	$971K	0.1%	0.00%
116	Capitol National Bank	3	$850K	0.0%	0.00%
117	Platinum Bank	1	$796K	0.0%	0.00%
118	Business Loan Center, LLC	1	$775K	0.0%	0.00%
119	Michigan State University Federal Credit Union	2	$758K	0.0%	0.00%
120	Port 51 Lending LLC	1	$750K	0.0%	0.00%
121	Wilmington Savings Fund Society FSB	1	$690K	0.0%	0.00%
122	Huron Valley State Bank	1	$687K	0.0%	0.00%
123	West Central Development Corporation	4	$675K	0.0%	0.00%
124	CASE CU	2	$670K	0.0%	0.00%
125	MI Bank	2	$654K	0.0%	0.00%
126	State Bank of Texas	1	$625K	0.0%	0.00%
127	FWBank	1	$600K	0.0%	0.00%
128	Michigan First Credit Union	1	$536K	0.0%	0.00%
129	The Farmers and Merchants State Bank	1	$501K	0.0%	0.00%
130	SouthState Bank, National Association	2	$485K	0.0%	0.00%
131	Capital One National Association	11	$475K	0.0%	47.03%
132	Capital Community Bank	1	$474K	0.0%	0.00%
133	America First Federal Credit Union	1	$470K	0.0%	0.00%
134	The Fidelity Bank	1	$425K	0.0%	0.00%
135	Bangor Savings Bank	1	$400K	0.0%	0.00%
136	Merchants Bank of Indiana	1	$400K	0.0%	0.00%
137	Detroit Development Fund	2	$386K	0.0%	0.00%
138	LaSalle Bank Midwest N.A.	1	$350K	0.0%	0.00%
139	Banesco USA	1	$350K	0.0%	0.00%
140	Capital Bank, National Association	1	$350K	0.0%	0.00%
141	Western State Bank	1	$350K	0.0%	0.00%
142	People Driven CU	2	$344K	0.0%	0.00%
143	MainStreet Lender 7(a), LLC	1	$335K	0.0%	0.00%
144	North State Bank	1	$335K	0.0%	0.00%
145	First Children's Finance	4	$325K	0.0%	0.00%
146	UniBank	1	$297K	0.0%	0.00%
147	Financial Plus CU	1	$279K	0.0%	0.00%
148	Opportunity Resource Fund	2	$265K	0.0%	0.00%
149	Seacoast National Bank	2	$225K	0.0%	50.90%
150	East West Bank	1	$206K	0.0%	0.00%
151	Lake Forest Bank & Trust Company, National Association	1	$200K	0.0%	0.00%
152	Stone Bank	1	$200K	0.0%	0.00%
153	Commercial Bank	1	$180K	0.0%	0.00%
154	Business Lenders, LLC	1	$175K	0.0%	0.00%
155	Waterford Bank, National Association	1	$150K	0.0%	0.00%
156	CenTrust Bank, A Division of SmartBiz Bank National Association	1	$150K	0.0%	0.00%
157	1st Source Bank	3	$140K	0.0%	0.00%
158	Mercantile Bank	1	$126K	0.0%	0.00%
159	FinWise Bank	1	$125K	0.0%	0.00%
160	FirstMerit Bank, N.A.	1	$100K	0.0%	99.96%
161	SoFi Bank, National Association	1	$50K	0.0%	0.00%
162	Orsa Credit Union	1	$50K	0.0%	0.00%
163	Truliant FCU	1	$50K	0.0%	0.00%
164	Associated Bank National Association	1	$20K	0.0%	100.00%

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

What the money went into

Rank	Industry	Loans	Approved	Share of county
1	Retail trade	862	$377.8M	21.0%
2	Accommodation & food services	622	$293.2M	16.3%
3	Health care & social assistance	418	$147.3M	8.2%
4	Other services	466	$141.1M	7.8%
5	Transportation & warehousing	1,042	$135.8M	7.5%
6	Construction	424	$93.9M	5.2%
7	Professional & technical services	369	$90.5M	5.0%
8	Wholesale trade	240	$84.5M	4.7%
9	Arts, entertainment & recreation	154	$79.5M	4.4%
10	Manufacturing	159	$74.6M	4.1%
11	Administrative & waste services	222	$63.5M	3.5%
12	Retail trade	201	$53.5M	3.0%
13	Manufacturing	91	$41.7M	2.3%
14	Real estate & leasing	72	$35.2M	2.0%
15	Finance & insurance	64	$23.3M	1.3%
16	Manufacturing	49	$21.1M	1.2%
17	Educational services	55	$19.9M	1.1%
18	Transportation & warehousing	16	$14.3M	0.8%
19	Information	37	$10.2M	0.6%
20	Agriculture, forestry & fishing	5	$1.2M	0.1%
21	Mining & extraction	3	$675K	0.0%
22	Management of companies	1	$146K	0.0%

Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.

About this data

Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.