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County29th of 83 in Michigan by approvalsFIPS 26037
SBA loans in Clinton 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 72 loans to businesses in Clinton County, Michigan, in FY2021 to FY2025, worth $33.0M: 65 under 7(a) and 7 under 504.
That is 51.2 approvals per 1,000 business establishments (1,406 establishments in 2023), close to the Michigan figure of 55.8 and above the national 41.0.
It ranks 29th of 83 Michigan counties with approvals. In FY2025 there were 17.
18 lenders had approvals here; the most active were The Huntington National Bank (40), Michigan Certified Development Corporation (7) and The Dart Bank (3). The most common industry was general freight trucking.
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 Clinton County
By number of approvals to businesses in the county, FY2021–FY2025; 18 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 40 | $5.6M | 55.6% | |
| 2 | Michigan Certified Development CorporationEast Lansing, MI · CDC | 7 | $6.4M | 9.7% | |
| 3 | The Dart BankMason, MI | 3 | $2.8M | 4.2% | |
| 4 | Capitol National BankLansing, MI | 3 | $1.6M | 4.2% | |
| 5 | Independent BankGrand Rapids, MI | 3 | $215K | 4.2% | |
| 6 | Merchants Bank of IndianaCarmel, IN | 2 | — | 2.8% | |
| 7 | Lake Trust CUBrighton, MI | 2 | — | 2.8% | |
| 8 | Fifth Third BankCincinnati, OH | 2 | — | 2.8% | |
| 9 | Bank Five NineOconomowoc, WI | 1 | — | 1.4% | |
| 10 | Live Oak Banking CompanyWilmington, NC | 1 | — | 1.4% | |
| 11 | Mercantile BankGrand Rapids, MI | 1 | — | 1.4% | |
| 12 | CASE CULansing, MI | 1 | — | 1.4% | |
| 13 | Bankwell BankNew Canaan, CT | 1 | — | 1.4% | |
| 14 | Citizens BankElizabethton, TN | 1 | — | 1.4% | |
| 15 | LAF CULansing, MI | 1 | — | 1.4% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | General Freight TruckingNAICS 4841 | 14 | 19.4% | |
| 2 | Building Equipment ContractorsNAICS 2382 | 9 | 12.5% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 4 | 5.6% | |
| 4 | Lessors of Real EstateNAICS 5311 | 3 | 4.2% | |
| 5 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 4.2% | |
| 6 | Personal Care ServicesNAICS 8121 | 3 | 4.2% | |
| 7 | Other Miscellaneous ManufacturingNAICS 3399 | 3 | 4.2% | |
| 8 | Services to Buildings and DwellingsNAICS 5617 | 3 | 4.2% | |
| 9 | Miscellaneous Nondurable Goods Merchant WholesalersNAICS 4249 | 2 | 2.8% | |
| 10 | Support Activities for Road TransportationNAICS 4884 | 2 | 2.8% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Transportation and Warehousing | 16 | 22.2% | |
| 2 | Construction | 14 | 19.4% | |
| 3 | Manufacturing | 8 | 11.1% | |
| 4 | Other Services (except Public Administration) | 7 | 9.7% | |
| 5 | Retail Trade | 7 | 9.7% | |
| 6 | Accommodation and Food Services | 4 | 5.6% | |
| 7 | Real Estate and Rental and Leasing | 3 | 4.2% | |
| 8 | Wholesale Trade | 3 | 4.2% |
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* | 10 | $3.8M | $218K | 0 | — | 10 | 43 |
| FY2025 | 16 | $7.0M | $156K | 1 | — | 17 | 130 |
| FY2024 | 7 | $561K | $75K | 0 | — | 7 | 21 |
| FY2023 | 14 | $6.2M | $38K | 1 | — | 15 | 32 |
| FY2022 | 19 | $3.5M | $100K | 2 | — | 21 | 70 |
| FY2021 | 9 | $9.4M | $280K | 3 | $2.6M | 12 | 190 |
| FY2020 | 8 | $642K | $50K | 1 | — | 9 | 94 |
| FY2019 | 15 | $1.5M | $35K | 0 | — | 15 | 143 |
| FY2018 | 14 | $1.3M | $60K | 2 | — | 16 | 27 |
| FY2017 | 18 | $6.9M | $66K | 1 | — | 19 | 94 |
| FY2016 | 21 | $2.6M | $108K | 3 | $1.5M | 24 | 163 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 83 approvals.
Against Michigan and the country
| FY2021–FY2025 | Clinton County | Michigan | United States |
|---|---|---|---|
| Approvals | 72 | 12,809 | 342,825 |
| Approvals per 1,000 establishments | 51.2 | 55.8 | 41.0 |
| Median 7(a) approval | $120K | $125K | $190K |
| Median 504 approval | $953K | $540K | $657K |
| Average approval | $459K | $415K | $573K |
| 504 share of approvals | 9.7% | 6.7% | 11.0% |
| Jobs supported per approval, as reported | 6.2 | 9.4 | 10.5 |
| Share of state approvals | 0.6% | 100.0% | — |
Approval sizes
- $50,000 or less31.9%23
- $50,001 to $150,00020.8%15
- $150,001 to $350,00026.4%19
- $350,001 to $1 million6.9%5
- $1 million to $2 million8.3%6
- Over $2 million5.6%4
Age of the businesses
- Existing, more than 2 years old55.6%40
- New business, 2 years or less13.9%10
- Startup, loan funds will open the business19.4%14
- Change of ownership11.1%8
Questions and answers
Which lenders make the most SBA loans in Clinton County?
By approvals in FY2021 to FY2025: The Huntington National Bank (40), Michigan Certified Development Corporation (7), The Dart Bank (3), Capitol National Bank (3), Independent Bank (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Clinton County?
The median 7(a) approval was $120K and the median 504 approval $953K; the Michigan 7(a) median was $125K.
Which industries get the most SBA loans in Clinton County?
General Freight Trucking (14); Building Equipment Contractors (9); Restaurants and Other Eating Places (4); Lessors of Real Estate (3); Automotive Repair and Maintenance (3).
Is SBA lending in Clinton County rising?
Approvals in the three latest complete fiscal years total 39, against 42 in the three before: broadly level (-7%).
How does Clinton County compare with the rest of Michigan?
51.2 approvals per 1,000 establishments against 55.8 statewide, and 72 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