SBA by industry · MI
SBA lenders for trucking companies in Michigan
27 lenders made 323 SBA loans to trucking companies in Michigan in the 36 months ending September 30, 2026. The Huntington National Bank made the most, with 265. The typical loan was about $50K.
- Evidence
- SBA 7(a) and 504 loans to trucking companies in Michigan, NAICS 484
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 12, 2026
- Lenders on record
- 27
- SBA FOIA,
- SBA loans, 36 months
- 323
- SBA FOIA,
- 7(a) net of cancelled; 504 funded first liens
- Dollars, 36 months
- $37.8M
- SBA FOIA,
- Last 12 months
- 36
- SBA FOIA,
Cite this
Source: The Lender Report, SBA lenders for trucking companies in Michigan, https://lender.report/sba-lenders-for/trucking/michigan/, data as of September 30, 2026.
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| Lender | Kind | Based in | Loans | Dollars | 7(a) | 504 | Last 12 months |
|---|---|---|---|---|---|---|---|
| The Huntington National Bank SBA 7(a) record | Bank | Columbus, OH | 265 | $15.8M | 265 | 0 | 26 |
| Fifth Third Bank, National Association SBA 7(a) record | Bank | Cincinnati, OH | 10 | $1.40M | 10 | 0 | 2 |
| Lendistry SBLC, LLC SBA 7(a) record | Non-bank | Los Angeles, CA | 7 | $1.60M | 7 | 0 | 1 |
| KeyBank National Association SBA 7(a) record | Bank | Cleveland, OH | 6 | $231K | 6 | 0 | 2 |
| Lafcu Credit Union SBA 7(a) record | Credit union | Lansing, MI | 3 | $605K | 3 | 0 | 0 |
| Horizon Bank SBA 7(a) record | Bank | Michigan City, IN | 3 | $395K | 3 | 0 | 0 |
| Oxford Bank SBA 7(a) record | Bank | Oxford, MI | 2 | $5.15M | 2 | 0 | 0 |
| Community Choice Credit Union SBA 7(a) record | Credit union | Farmington Hills, MI | 2 | $1.67M | 2 | 0 | 0 |
| Readycap Lending, LLC SBA 7(a) record | Non-bank | Berkeley Heights, NJ | 2 | $1.25M | 2 | 0 | 1 |
| First National Bank of Pennsylvania SBA 7(a) record | Bank | Greenville, PA | 2 | $910K | 2 | 0 | 0 |
| Nicolet National Bank SBA 7(a) record | Bank | Green Bay, WI | 2 | $570K | 2 | 0 | 2 |
| First Bank of the Lake SBA 7(a) record | Bank | Osage Beach, MO | 2 | $390K | 2 | 0 | 0 |
| Celtic Bank SBA 7(a) record | Bank | Salt Lake City, UT | 1 | $1.20M | 1 | 0 | 0 |
| Independent Bank SBA 7(a) record | Bank | Grand Rapids, MI | 1 | $1.20M | 1 | 0 | 0 |
| GBank SBA 7(a) record | Bank | Las Vegas, NV | 1 | $990K | 1 | 0 | 0 |
| 1st Source Bank SBA 7(a) record | Bank | South Bend, IN | 1 | $830K | 1 | 0 | 1 |
| Cornhusker Bank SBA 7(a) record | Bank | Lincoln, NE | 1 | $400K | 1 | 0 | 0 |
| Northeast Bank SBA 7(a) record | Bank | Portland, ME | 1 | $250K | 1 | 0 | 0 |
| Christian Financial Credit Union | Credit union | Sterling Heights, MI | 1 | $220K | 1 | 0 | 0 |
| Bank of America, National Association SBA 7(a) record | Bank | Charlotte, NC | 1 | $190K | 1 | 0 | 0 |
| BayFirst National Bank SBA 7(a) record | Bank | Saint Petersburg, FL | 1 | $150K | 1 | 0 | 0 |
| Omni Community Credit Union SBA 7(a) record | Credit union | Battle Creek, MI | 1 | $140K | 1 | 0 | 0 |
| Colony Bank SBA 7(a) record | Bank | Fitzgerald, GA | 1 | $120K | 1 | 0 | 0 |
| Michigan Certified Development Corporation SBA 7(a) record | Non-bank | East Lansing, MI | 1 | $100K | 1 | 0 | 0 |
| JPMorgan Chase Bank, National Association SBA 7(a) record | Bank | Columbus, OH | 1 | $75.0K | 1 | 0 | 0 |
Dollars are approval amounts, rounded to 2 significant figures per loan, net of cancelled approvals.
| Industry | Loans |
|---|---|
| General Freight Trucking, Long-Distance, Truckload | 174 |
| General Freight Trucking, Local | 117 |
| Specialized Freight (except Used Goods) Trucking, Long-Distance | 13 |
| Specialized Freight (except Used Goods) Trucking, Local | 8 |
| Used Household and Office Goods Moving | 7 |
| General Freight Trucking, Long-Distance, Less Than Truckload | 4 |
| Loan size | Loans |
|---|---|
| Under $150K | 268 |
| $150K to $350K | 37 |
| $350K to $1M | 11 |
| $1M to $2.5M | 4 |
| $2.5M or more | 1 |
- SBA lenders recorded 323 loans to trucking companies totaling $37.8M in Michigan in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
- The typical loan was about $50K, with the middle half between $25K and $98K. SBA FOIA,
- 321 were SBA 7(a) loans and 0 were SBA 504 first liens. SBA FOIA,
- SBA 7(a) lenders reported a median initial rate of 10.50% on 321 loans. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Banks and savings institutions made 304 of the loans, credit unions 7, and non-banks 10. SBA FOIA,
- The five most active lenders made 90.1% of the loans. SBA FOIA,
- The three most active lenders were The Huntington National Bank with 265, Fifth Third Bank, National Association with 10, and Lendistry SBLC, LLC with 7. SBA FOIA,
- 268 of the loans were under $150K, and 5 were $1M or more. SBA FOIA,
- 2 of these loans were made by lenders that have since merged or closed, that the file lists under a name with no lender record here, or that the loan tape shows only at a broader industry level. They are counted in the totals here and appear in no lender's row. SBA FOIA,
- The SBA file shows 36 approvals of these loans dated in the 12 months to September 30, 2026, versus 115 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
- 8 of the 27 lenders are based in Michigan. The rest are based elsewhere, most often in Ohio, Indiana and California. SBA FOIA,
- The most common detailed industry in Michigan was General Freight Trucking, Long-Distance, Truckload, with 174 loans. SBA FOIA,
How this list is defined
- Measure
- SBA loans made to trucking companies in Michigan
- Period
- October 2023 to September 2026
- Formula
- Count, by lender, of SBA 7(a) approvals and SBA 504 first liens located in Michigan, dated in the 36 months ending September 30, 2026 and not cancelled, whose NAICS code in the SBA file falls in NAICS 484.
- Order
- Largest first by loans in the state, then dollars, then name. Payment is not part of the order.
- As of
- September 30, 2026
- Source
- SBA FOIA
- Changelog
- : First published, with the data built on this date.
What we don't know
- Whether any of these lenders is taking new SBA loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and these pages leave out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
Every loan counted here carried one of these NAICS codes in the SBA file, and the state of the loan is the state of the business. Loans are approvals, net of cancelled approvals. Lenders that merged or stopped filing are left out.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.