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County47th of 83 in Michigan by approvalsFIPS 26009
SBA loans in Antrim County, Michigan
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 34 loans to businesses in Antrim County, Michigan, in FY2021 to FY2025, worth $14.9M: 30 under 7(a) and 4 under 504.
That is 54.4 approvals per 1,000 business establishments (625 establishments in 2023), close to the Michigan figure of 55.8 and above the national 41.0.
It ranks 47th of 83 Michigan counties with approvals. In FY2025 there were 4.
13 lenders had approvals here; the most active were The Huntington National Bank (13), 4Front Credit Union (4) and Live Oak Banking Company (3). The most common industry was residential building construction.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Antrim County
By number of approvals to businesses in the county, FY2021–FY2025; 13 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 13 | $2.3M | 38.2% | |
| 2 | 4Front Credit UnionTraverse City, MI | 4 | $1.8M | 11.8% | |
| 3 | Live Oak Banking CompanyWilmington, NC | 3 | $6.4M | 8.8% | |
| 4 | Alden State BankAlden, MI | 3 | $1.1M | 8.8% | |
| 5 | Michigan Certified Development CorporationEast Lansing, MI · CDC | 2 | — | 5.9% | |
| 6 | Great Lakes Commercial FinanceGrandville, MI · CDC | 2 | — | 5.9% | |
| 7 | Lake Trust CUBrighton, MI | 1 | — | 2.9% | |
| 8 | Colony BankFitzgerald, GA | 1 | — | 2.9% | |
| 9 | Michigan State University Federal Credit UnionEast Lansing, MI | 1 | — | 2.9% | |
| 10 | Highpoint Community BankHastings, MI | 1 | — | 2.9% | |
| 11 | BayFirst National BankSaint Petersburg, FL | 1 | — | 2.9% | |
| 12 | JPMorgan Chase Bank, National AssociationColumbus, OH | 1 | — | 2.9% | |
| 13 | Stearns Bank National AssociationSaint Cloud, MN | 1 | — | 2.9% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Residential Building ConstructionNAICS 2361 | 4 | 11.8% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 3 | 8.8% | |
| 3 | Wired and Wireless Telecommunications (except Satellite)NAICS 5171 | 2 | 5.9% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 2 | 5.9% | |
| 5 | Other Personal ServicesNAICS 8129 | 2 | 5.9% | |
| 6 | Printing and Related Support ActivitiesNAICS 3231 | 2 | 5.9% | |
| 7 | Clothing and Clothing Accessories RetailersNAICS 4581 | 2 | 5.9% | |
| 8 | Data Processing, Hosting, and Related ServicesNAICS 5182 | 1 | 2.9% | |
| 9 | Building Equipment ContractorsNAICS 2382 | 1 | 2.9% | |
| 10 | Traveler AccommodationNAICS 7211 | 1 | 2.9% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 6 | 17.6% | |
| 2 | Retail Trade | 6 | 17.6% | |
| 3 | Accommodation and Food Services | 5 | 14.7% | |
| 4 | Information | 4 | 11.8% | |
| 5 | Other Services (except Public Administration) | 4 | 11.8% | |
| 6 | Manufacturing | 3 | 8.8% | |
| 7 | Transportation and Warehousing | 2 | 5.9% | |
| 8 | Finance and Insurance | 1 | 2.9% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 3 | $4.0M | $200K | 0 | — | 3 | 58 |
| FY2025 | 4 | $3.6M | $642K | 0 | — | 4 | 33 |
| FY2024 | 8 | $3.1M | $75K | 1 | — | 9 | 43 |
| FY2023 | 6 | $1.3M | $110K | 1 | — | 7 | 30 |
| FY2022 | 7 | $3.2M | $150K | 1 | — | 8 | 64 |
| FY2021 | 5 | $2.2M | $250K | 1 | — | 6 | 55 |
| FY2020 | 4 | $2.7M | $150K | 0 | — | 4 | 54 |
| FY2019 | 5 | $713K | $50K | 0 | — | 5 | 3 |
| FY2018 | 2 | — | — | 0 | — | 2 | 6 |
| FY2017 | 7 | $354K | $25K | 1 | — | 8 | 27 |
| FY2016 | 7 | $1.3M | $83K | 1 | — | 8 | 55 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 27 approvals.
Against Michigan and the country
| FY2021–FY2025 | Antrim County | Michigan | United States |
|---|---|---|---|
| Approvals | 34 | 12,809 | 342,825 |
| Approvals per 1,000 establishments | 54.4 | 55.8 | 41.0 |
| Median 7(a) approval | $126K | $125K | $190K |
| Median 504 approval | $146K | $540K | $657K |
| Average approval | $437K | $415K | $573K |
| 504 share of approvals | 11.8% | 6.7% | 11.0% |
| Jobs supported per approval, as reported | 6.6 | 9.4 | 10.5 |
| Share of state approvals | 0.3% | 100.0% | — |
Approval sizes
- $50,000 or less26.5%9
- $50,001 to $150,00029.4%10
- $150,001 to $350,00014.7%5
- $350,001 to $1 million11.8%4
- $1 million to $2 million11.8%4
- Over $2 million5.9%2
Age of the businesses
- Existing, more than 2 years old67.6%23
- New business, 2 years or less11.8%4
- Startup, loan funds will open the business8.8%3
- Change of ownership11.8%4
Questions and answers
Which lenders make the most SBA loans in Antrim County?
By approvals in FY2021 to FY2025: The Huntington National Bank (13), 4Front Credit Union (4), Live Oak Banking Company (3), Alden State Bank (3), Michigan Certified Development Corporation (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Antrim County?
The median 7(a) approval was $126K and the median 504 approval $146K; the Michigan 7(a) median was $125K.
Which industries get the most SBA loans in Antrim County?
Residential Building Construction (4); Restaurants and Other Eating Places (3); Wired and Wireless Telecommunications (except Satellite) (2); Automotive Repair and Maintenance (2); Other Personal Services (2).
Is SBA lending in Antrim County rising?
Approvals in the three latest complete fiscal years total 20, against 18 in the three before: rising (+11%).
How does Antrim County compare with the rest of Michigan?
54.4 approvals per 1,000 establishments against 55.8 statewide, and 34 of the state's 12,809 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error