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County4th of 83 in Michigan by approvalsFIPS 26099
SBA loans in Macomb 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 1,274 loans to businesses in Macomb County, Michigan, in FY2021 to FY2025, worth $428M: 1,215 under 7(a) and 59 under 504.
That is 65.0 approvals per 1,000 business establishments (19,593 establishments in 2023), above the Michigan figure of 55.8 and above the national 41.0.
It ranks 4th of 83 Michigan counties with approvals. In FY2025 there were 245, down 13% on FY2024.
78 lenders had approvals here; the most active were The Huntington National Bank (717), Fifth Third Bank (106) and Michigan Certified Development Corporation (42). 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 Macomb County
By number of approvals to businesses in the county, FY2021–FY2025; 78 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 717 | $107M | 56.3% | |
| 2 | Fifth Third BankCincinnati, OH | 106 | $48.7M | 8.3% | |
| 3 | Michigan Certified Development CorporationEast Lansing, MI · CDC | 42 | $28.4M | 3.3% | |
| 4 | Newtek Bank, National AssociationMiami, FL | 28 | $21.8M | 2.2% | |
| 5 | Northeast BankLewiston, ME | 28 | $3.7M | 2.2% | |
| 6 | ChoiceOne BankSparta, MI | 21 | $18.6M | 1.6% | |
| 7 | Citizens Bank, National AssociationProvidence, RI | 21 | $13.8M | 1.6% | |
| 8 | Readycap Lending, LLCBerkeley Heights, NJ | 21 | $6.5M | 1.6% | |
| 9 | Oxford BankOxford, MI | 20 | $5.7M | 1.6% | |
| 10 | JPMorgan Chase Bank, National AssociationColumbus, OH | 17 | $7.2M | 1.3% | |
| 11 | First Internet Bank of IndianaFishers, IN | 16 | $19.3M | 1.3% | |
| 12 | Byline BankChicago, IL | 14 | $10.1M | 1.1% | |
| 13 | United Midwest Savings Bank National AssociationDe Graff, OH | 13 | $2.5M | 1.0% | |
| 14 | Live Oak Banking CompanyWilmington, NC | 12 | $18.5M | 0.9% | |
| 15 | Oakland County Business Finance CorporationWaterford, MI · CDC | 12 | $7.2M | 0.9% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | General Freight TruckingNAICS 4841 | 244 | 19.2% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 84 | 6.6% | |
| 3 | Automotive Repair and MaintenanceNAICS 8111 | 52 | 4.1% | |
| 4 | Services to Buildings and DwellingsNAICS 5617 | 41 | 3.2% | |
| 5 | Building Finishing ContractorsNAICS 2383 | 40 | 3.1% | |
| 6 | Residential Building ConstructionNAICS 2361 | 40 | 3.1% | |
| 7 | Building Equipment ContractorsNAICS 2382 | 39 | 3.1% | |
| 8 | Offices of Other Health PractitionersNAICS 6213 | 34 | 2.7% | |
| 9 | Grocery StoresNAICS 4451 | 29 | 2.3% | |
| 10 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 27 | 2.1% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Transportation and Warehousing | 268 | 21.0% | |
| 2 | Construction | 188 | 14.8% | |
| 3 | Retail Trade | 154 | 12.1% | |
| 4 | Other Services (except Public Administration) | 116 | 9.1% | |
| 5 | Manufacturing | 104 | 8.2% | |
| 6 | Accommodation and Food Services | 98 | 7.7% | |
| 7 | Health Care and Social Assistance | 95 | 7.5% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 70 | 5.5% |
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* | 99 | $49.6M | $260K | 5 | $6.4M | 104 | 846 |
| FY2025 | 235 | $75.4M | $150K | 10 | $4.9M | 245 | 1,798 |
| FY2024 | 273 | $79.5M | $80K | 9 | $6.4M | 282 | 2,070 |
| FY2023 | 235 | $74.5M | $100K | 9 | $8.4M | 244 | 2,051 |
| FY2022 | 240 | $69.3M | $100K | 12 | $6.6M | 252 | 1,444 |
| FY2021 | 232 | $89.1M | $100K | 19 | $14.3M | 251 | 1,887 |
| FY2020 | 203 | $57.8M | $55K | 16 | $10.4M | 219 | 1,469 |
| FY2019 | 253 | $75.6M | $60K | 19 | $14.3M | 272 | 1,525 |
| FY2018 | 321 | $77.6M | $54K | 11 | $9.6M | 332 | 2,063 |
| FY2017 | 294 | $87.6M | $71K | 12 | $10.2M | 306 | 2,114 |
| FY2016 | 280 | $53.7M | $61K | 19 | $15.5M | 299 | 2,700 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 1,428 approvals.
Against Michigan and the country
| FY2021–FY2025 | Macomb County | Michigan | United States |
|---|---|---|---|
| Approvals | 1,274 | 12,809 | 342,825 |
| Approvals per 1,000 establishments | 65.0 | 55.8 | 41.0 |
| Median 7(a) approval | $100K | $125K | $190K |
| Median 504 approval | $466K | $540K | $657K |
| Average approval | $336K | $415K | $573K |
| 504 share of approvals | 4.6% | 6.7% | 11.0% |
| Jobs supported per approval, as reported | 7.3 | 9.4 | 10.5 |
| Share of state approvals | 9.9% | 100.0% | — |
Approval sizes
- $50,000 or less33.0%420
- $50,001 to $150,00026.1%332
- $150,001 to $350,00018.7%238
- $350,001 to $1 million13.8%176
- $1 million to $2 million5.3%67
- Over $2 million3.2%41
Age of the businesses
- Existing, more than 2 years old72.1%918
- New business, 2 years or less10.5%134
- Startup, loan funds will open the business11.7%149
- Change of ownership5.7%73
Questions and answers
Which lenders make the most SBA loans in Macomb County?
By approvals in FY2021 to FY2025: The Huntington National Bank (717), Fifth Third Bank (106), Michigan Certified Development Corporation (42), Newtek Bank, National Association (28), Northeast Bank (28). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Macomb County?
The median 7(a) approval was $100K and the median 504 approval $466K; the Michigan 7(a) median was $125K.
Which industries get the most SBA loans in Macomb County?
General Freight Trucking (244); Restaurants and Other Eating Places (84); Automotive Repair and Maintenance (52); Services to Buildings and Dwellings (41); Building Finishing Contractors (40).
Is SBA lending in Macomb County rising?
Approvals in the three latest complete fiscal years total 771, against 722 in the three before: broadly level (+7%).
How does Macomb County compare with the rest of Michigan?
65.0 approvals per 1,000 establishments against 55.8 statewide, and 1,274 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