# Small business loans in Macomb, MI

**Short answer:** The Huntington National Bank made the most SBA loans in Macomb, MI since FY2024, with 26. The median loan was $70,000, and half fell between $50,000 and $246,000. For free help, see the Michigan Small Business Development Center. Source: SBA 7(a) loan data.

Canonical page: https://www.sbaexpress.loans/michigan-small-business-loans/macomb/
Data as of: 2026-06-30

## Lenders making SBA loans in Macomb

The Huntington National Bank alone made 63% of the loans in Macomb.

**Lenders with five or more SBA loans in Macomb, MI, FY2024 to June 2026**

| Lender | Loans | Share |
| --- | --- | --- |
| [The Huntington National Bank](https://www.sbaexpress.loans/sba-express-lenders/the-huntington-national-bank/michigan/) | 26 | 63.4% |

Share is the percent of all Macomb loans in that period. Each name links to that lender's page for Michigan where one exists.

Macomb has one lender with five or more loans since FY2024. Others had fewer, and the Michigan page counts 192 lenders with at least one approved loan statewide.

## Local help near Macomb

Macomb borrowers can start with SBA's district office for Michigan, an SBDC or SCORE.

SBA has one district office for Michigan. Its page points to state and federal resources and to lenders in the area. The Michigan Small Business Development Center gives free counseling across Michigan.

- [SBA Michigan District Office (Detroit, with a Grand Rapids branch by appointment): SBA district office](https://www.sba.gov/district/michigan)
- [Michigan Small Business Development Center: Small Business Development Center](https://michigansbdc.org/)
- [SCORE mentors in Michigan: Business mentoring](https://www.score.org/mi/)

## Loan counts and sizes in Macomb

Macomb ranks 24th by loans since FY2024 among the 25 Michigan cities with 100 or more SBA loans since FY2020. Nationally it is the 564th busiest of the 580 cities that reach 100 loans.

The 41 loans, 0.7% of the 5,627 in Michigan, were approved for $6.9 million in all. The median loan was $70,000, 53% below the national median of $150,300. Half of the loans fell between $50,000 and $246,000. The Macomb median is 53% below the Michigan median of $150,000.

**Macomb, MI compared with Michigan and the nation, loans from FY2024 to June 2026**

| Measure | Macomb | Michigan | U.S. |
| --- | --- | --- | --- |
| Loans | 41 | 5,627 | 162,355 |
| Median loan | $70,000 | $150,000 | $150,300 |
| 25th percentile | $50,000 | $50,000 | $50,000 |
| 75th percentile | $246,000 | $379,800 | $500,000 |
| Via SBA Express | 43.9% | 38.6% | 35.8% |
| Lines of credit | 41.5% | 36.6% | 28.1% |
| Startups | n/a | 17.5% | 16.1% |
| Ownership changes | n/a | 11.2% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 2.0 | 2.0 | 2.75 |
| Charged off | Fewer than 5 | 2.2% | 3.6% |

A quarter of loans were smaller than the 25th percentile loan and a quarter were larger than the 75th. Median spread is in percentage points over Prime. Charged off is the share of FY2020 to FY2022 loans a lender wrote off as a loss. It is shown only for groups of 30 loans or more. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish. U.S. covers every loan in the file.

98% of the loans were $500,000 or less, the size SBA Express covers. 43.9% of all loans went through SBA Express, above the national 35.8%. Lines of credit were 41.5% of loans, above the national 28.1%.

SBA loans in Macomb, MI by size, FY2024 to June 2026

- $50,000 or less (37%): 15
- $50,001 to $150,000 (29%): 12
- $150,001 to $350,000 (17%): 7
- $350,001 to $500,000 (15%): 6
- $500,001 to $1,000,000 (0%): 0
- $1,000,001 to $2,000,000: Fewer than 5
- Over $2,000,000 (0%): 0

Labels show each size's share of all loans. The highlighted bar is the size band that contains the median.

SBA loans in Macomb, MI by fiscal year

- FY2020: 15
- FY2021: 28
- FY2022: 23
- FY2023: 25
- FY2024: 14
- FY2025: 22
- FY2026 (through June 30): 5

Fiscal years run October to September. The last bar covers nine of its twelve months.

Volume rose 57% from FY2024 (14 loans) to FY2025 (22), the two latest full years. The busiest full year in the file was FY2021, with 28 loans. FY2026 already shows 5 loans through June 30.

Of the 66 loans Macomb borrowers received in FY2020 to FY2022, fewer than 5 were charged off by June 30, 2026, against 3.6% nationally. Lenders reported 309 jobs supported across the 41 loans since FY2024, about 7.5 per loan. SBA does not audit these estimates.

## What businesses in Macomb borrow for

General Freight Trucking, Long-Distance, Truckload was the largest borrower group in Macomb, with 8 loans or 19.5% of the total.

**Industries with the most SBA loans in Macomb, MI, FY2024 to June 2026**

| Industry | Loans | Share | U.S. share |
| --- | --- | --- | --- |
| [General Freight Trucking, Long-Distance, Truckload](https://www.sbaexpress.loans/industries/general-freight-trucking-long-distance-truckload/michigan/) | 8 | 19.5% | 1.3% |

Share is the percent of all Macomb loans in that period. Industry is the NAICS code on each loan. A name links to the Michigan page for that industry where one exists.

## A typical loan payment in Macomb

The median Macomb loan was $70,000 with a median term of 10 years.

The median variable-rate loan in Macomb was priced at Prime plus 2.0 percentage points at approval. At today's Prime that spread works out to 9.00%. On $70,000 over 10 years, principal and interest would come to about $887 a month. That is arithmetic on past loans, not a rate a lender is offering.

**Payment at today's rate on three Macomb loan sizes over 10 years**

| Loan | Amount | Monthly payment |
| --- | --- | --- |
| 25th percentile loan | $50,000 | $633 |
| Median loan | $70,000 | $887 |
| 75th percentile loan | $246,000 | $3,116 |

Principal and interest only. Fees, a different term or a fixed rate change the payment. This is an illustration from SBA's file, not an offer.

SBA's rate ceiling for this loan size

SBA's maximum for a loan of $70,000 is Prime plus 6.0 percentage points, or 13.00% today. The median variable-rate loan here was priced 4.0 points under that ceiling. Source: 13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).

Macomb loans approved since FY2024 had a median starting rate of 10% at approval, against 10.25% nationally. Prime changed during those years, so use the spread above, not that rate, as the guide to today's cost.

Run your own numbers: [payments on a $75,000 loan](https://www.sbaexpress.loans/loan-amounts/75000-business-loan/) and [SBA Express payment calculator](https://www.sbaexpress.loans/sba-express-payment-calculator/).

## SBA 504 loans near Macomb

The 504 file lists fewer than five loans in Macomb since FY2020.

That is too few to publish a count, a dollar total or a median for Macomb.

No Certified Development Company (CDC) is named on five or more 504 loans in Macomb, so the list below is Michigan's. Michigan Certified Development Corporation is named on the most there, 180 loans since FY2024.

**CDCs named on five or more 504 loans in Michigan, FY2024 to June 2026**

| Certified Development Company | 504 loans |
| --- | --- |
| Michigan Certified Development Corporation | 180 |
| Great Lakes Commercial Finance | 129 |
| Oakland County Business Finance Corporation | 25 |
| Business Development Corporation (BDC) | 10 |

How a 504 loan is split

A standard 504 project is 50% third party lender, 40% CDC debenture, 10% borrower. 504 money pays for major fixed assets such as land, buildings and long-term machinery and equipment, not working capital or inventory. Source: SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221). SBA keeps a [list of Certified Development Companies](https://www.sba.gov/loans/504-loans/list-of-certified-development-companies/).

## Michigan cities near Macomb

Macomb made up 0.7% of Michigan's SBA loans since FY2024.

Macomb is one of 25 Michigan cities with 100 or more SBA loans since FY2020. The [Michigan page](https://www.sbaexpress.loans/michigan-small-business-loans/) covers all 5,627 loans in Michigan. The closest come first, ranked by county and ZIP code on their loans.

- [Clinton Township: 65 loans, median $130,000](https://www.sbaexpress.loans/michigan-small-business-loans/clinton-township/)
- [Warren: 60 loans, median $200,050](https://www.sbaexpress.loans/michigan-small-business-loans/warren/)
- [Sterling Heights: 97 loans, median $88,700](https://www.sbaexpress.loans/michigan-small-business-loans/sterling-heights/)
- [Shelby Township: 59 loans, median $176,000](https://www.sbaexpress.loans/michigan-small-business-loans/shelby-township/)
- [Royal Oak: 58 loans, median $150,000](https://www.sbaexpress.loans/michigan-small-business-loans/royal-oak/)
- [Southfield: 74 loans, median $100,000](https://www.sbaexpress.loans/michigan-small-business-loans/southfield/)
- [Troy: 110 loans, median $227,050](https://www.sbaexpress.loans/michigan-small-business-loans/troy/)
- [Ann Arbor: 111 loans, median $150,000](https://www.sbaexpress.loans/michigan-small-business-loans/ann-arbor/)

## Common questions about SBA loans in Macomb

### Which lenders make the most SBA loans in Macomb?

The Huntington National Bank leads with 26 loans in Macomb since FY2024. Only lenders with five or more Macomb loans are counted.

### Which industries get SBA loans in Macomb?

General Freight Trucking, Long-Distance, Truckload leads with 8 loans in Macomb since FY2024.

How to read this

Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Location is the borrower's address in the file, and city names are as SBA recorded them. Recent means FY2024 through June 30, 2026. Charge-off rates use FY2020 to FY2022 loans, the only years old enough to have had time to go bad. Jobs supported are lender-reported estimates. [How we build these pages](https://www.sbaexpress.loans/method/).

## Sources

- [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)
- [SBA, 504 loans](https://www.sba.gov/loans/504-loans/)
- [SBA, resource partners: SBDCs and SCORE](https://www.sba.gov/counseling/local-assistance/resource-partners/)
- [SBA Michigan District Office (Detroit, with a Grand Rapids branch by appointment)](https://www.sba.gov/district/michigan)
- [Michigan Small Business Development Center](https://michigansbdc.org/)
- [SCORE, Michigan](https://www.score.org/mi/)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)](https://www.sba.gov/loans/504-loans/)
- [SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)](https://www.ecfr.gov/current/title-13/section-120.214)