{"citation":"SBA loans to concrete foundation contractors in Michigan. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/industries/poured-concrete-foundation-structure-contractors/michigan/ Source: SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026 (https://data.sba.gov/dataset/7a-504-foia).","url":"https://www.sbaexpress.loans/industries/poured-concrete-foundation-structure-contractors/michigan/","title":"SBA loans to concrete foundation contractors in Michigan","data_as_of":"2026-06-30","checked":null,"sources":[{"label":"SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026","url":"https://data.sba.gov/dataset/7a-504-foia"}],"data":{"window":{"id":"all","from":"2019-10-01","to":"2026-06-30"},"state":{"code":"MI","name":"Michigan"},"industry":{"naics":"238110","name":"Poured Concrete Foundation and Structure Contractors","url":"/industries/poured-concrete-foundation-structure-contractors/"},"loans":78,"dollars_approved":14619600,"measures":{"share_of_all_loans_pct":{"state":0.593,"national":0.392,"reading":"Clearly higher"},"median_loan":{"state":100000,"national":146000,"reading":"No clear gap"},"middle_half_of_loans":{"state":{"p25":50000,"p75":196250},"national":{"p25":50000,"p75":267900}},"startup_pct":{"state":11.5,"national":15.9,"reading":"No clear gap"},"new_pct":{"state":9.0,"national":16.2,"reading":"No clear gap"},"existing_pct":{"state":75.6,"national":59.9,"reading":"No clear gap"},"ownership_pct":{"state":null,"national":5.8,"reading":"n/a"},"express_pct":{"state":73.1,"national":54.4,"reading":"Clearly higher"},"loc_pct":{"state":71.8,"national":41.6,"reading":"Clearly higher"},"median_term_months":{"state":120,"national":120},"median_spread_over_prime_points":{"state":2.0,"national":2.75}},"clear_gaps":["loc","share"],"top_lenders":{"The Huntington National Bank":52,"Fifth Third Bank":6},"note":"Null means fewer than 5 loans. Loans SBA approved only: the file has no denials. Spread over Prime is the rate at approval minus Prime that day, not today's rate."}}