# Small business loans in Warren, MI

**Short answer:** The most active SBA lenders in Warren, MI since FY2024 are The Huntington National Bank (27 loans) and Fifth Third Bank (9). The median loan was $200,050, and half fell between $50,000 and $350,000. 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/warren/
Data as of: 2026-06-30

## Lenders making SBA loans in Warren

The Huntington National Bank made the most loans in Warren, 45% of the total.

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

| Lender | Loans | Share |
| --- | --- | --- |
| [The Huntington National Bank](https://www.sbaexpress.loans/sba-express-lenders/the-huntington-national-bank/michigan/) | 27 | 45.0% |
| [Fifth Third Bank](https://www.sbaexpress.loans/sba-express-lenders/fifth-third-bank/) | 9 | 15.0% |

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

Warren has two lenders 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 Warren

Warren 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 Warren

Warren ranks 16th by loans since FY2024 among the 25 Michigan cities with 100 or more SBA loans since FY2020. Nationally it is the 455th busiest of the 580 cities that reach 100 loans.

The 60 loans, 1.1% of the 5,627 in Michigan, were approved for $25.2 million in all. The median loan was $200,050, 33% above the national median of $150,300. Half of the loans fell between $50,000 and $350,000. The Warren median is 33% above the Michigan median of $150,000.

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

| Measure | Warren | Michigan | U.S. |
| --- | --- | --- | --- |
| Loans | 60 | 5,627 | 162,355 |
| Median loan | $200,050 | $150,000 | $150,300 |
| 25th percentile | $50,000 | $50,000 | $50,000 |
| 75th percentile | $350,000 | $379,800 | $500,000 |
| Via SBA Express | 56.7% | 38.6% | 35.8% |
| Lines of credit | 56.7% | 36.6% | 28.1% |
| Startups | 8.3% | 17.5% | 16.1% |
| Ownership changes | 8.3% | 11.2% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 2.0 | 2.0 | 2.75 |
| Charged off | 0.0% | 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.

85% of the loans were $500,000 or less, the size SBA Express covers. 56.7% of all loans went through SBA Express, above the national 35.8%. Lines of credit were 56.7% of loans, above the national 28.1%.

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

- $50,000 or less (28%): 17
- $50,001 to $150,000 (17%): 10
- $150,001 to $350,000 (32%): 19
- $350,001 to $500,000 (8%): 5
- $500,001 to $1,000,000: Fewer than 5
- $1,000,001 to $2,000,000: Fewer than 5
- Over $2,000,000: Fewer than 5

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

SBA loans in Warren, MI by fiscal year

- FY2020: 26
- FY2021: 23
- FY2022: 25
- FY2023: 21
- FY2024: 27
- FY2025: 23
- FY2026 (through June 30): 10

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

Volume fell 15% from FY2024 (27 loans) to FY2025 (23), the two latest full years. The busiest full year in the file was FY2024, with 27 loans. FY2026 already shows 10 loans through June 30.

Of the 74 loans Warren borrowers received in FY2020 to FY2022, 0.0% were charged off by June 30, 2026, against 3.6% nationally. That group is small, so treat the rate as rough. Lenders reported 346 jobs supported across the 60 loans since FY2024, about 5.8 per loan. SBA does not audit these estimates.

## What businesses in Warren borrow for

General Freight Trucking, Long-Distance, Truckload was the largest borrower group in Warren since FY2020, with 21 loans or 13.5% of the total.

The five largest industries made up 29% of all Warren loans since FY2020. General Freight Trucking, Long-Distance, Truckload stands out: its 21 loans are 13.5% of Warren loans, against 1.3% nationally, 10 times its national share.

**Industries with the most SBA loans in Warren, MI, FY2020 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/) | 21 | 13.5% | 1.3% |
| [Full-Service Restaurants](https://www.sbaexpress.loans/industries/full-service-restaurants/michigan/) | 9 | 5.8% | 4.6% |
| [All Other Specialty Trade Contractors](https://www.sbaexpress.loans/industries/all-other-specialty-trade-contractors/michigan/) | 5 | 3.2% | 1.7% |
| [Car Washes](https://www.sbaexpress.loans/industries/car-washes/) | 5 | 3.2% | 0.3% |
| [Home Health Care Services](https://www.sbaexpress.loans/industries/home-health-care-services/) | 5 | 3.2% | 1.0% |

Share is the percent of all Warren 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 Warren

The median Warren loan was $200,050 with a median term of 10 years.

The median variable-rate loan in Warren was priced at Prime plus 2.0 percentage points at approval. At today's Prime that spread works out to 9.00%. On $200,050 over 10 years, principal and interest would come to about $2,534 a month. That is arithmetic on past loans, not a rate a lender is offering.

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

| Loan | Amount | Monthly payment |
| --- | --- | --- |
| 25th percentile loan | $50,000 | $633 |
| Median loan | $200,050 | $2,534 |
| 75th percentile loan | $350,000 | $4,434 |

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 $200,050 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).

Warren loans approved since FY2024 had a median starting rate of 10.5% 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 $200,000 loan](https://www.sbaexpress.loans/loan-amounts/200000-business-loan/) and [SBA Express payment calculator](https://www.sbaexpress.loans/sba-express-payment-calculator/).

## SBA 504 loans near Warren

Warren has 6 SBA 504 loans since FY2020, with $2.6 million in SBA and CDC dollars.

Fewer than five of them came in FY2024 or later, so no recent median is published. The bank's share of each project is separate and is not counted in these figures.

No Certified Development Company (CDC) is named on five or more 504 loans in Warren, 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 Warren

Warren made up 1.1% of Michigan's SBA loans since FY2024.

Warren 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.

- [Macomb: 41 loans, median $70,000](https://www.sbaexpress.loans/michigan-small-business-loans/macomb/)
- [Clinton Township: 65 loans, median $130,000](https://www.sbaexpress.loans/michigan-small-business-loans/clinton-township/)
- [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/)
- [Troy: 110 loans, median $227,050](https://www.sbaexpress.loans/michigan-small-business-loans/troy/)
- [Southfield: 74 loans, median $100,000](https://www.sbaexpress.loans/michigan-small-business-loans/southfield/)
- [Royal Oak: 58 loans, median $150,000](https://www.sbaexpress.loans/michigan-small-business-loans/royal-oak/)
- [Ann Arbor: 111 loans, median $150,000](https://www.sbaexpress.loans/michigan-small-business-loans/ann-arbor/)

## Common questions about SBA loans in Warren

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

The Huntington National Bank leads with 27 loans in Warren since FY2024. Fifth Third Bank (9) follows. Only lenders with five or more Warren loans are counted.

### Which industries get SBA loans in Warren?

General Freight Trucking, Long-Distance, Truckload leads with 21 loans in Warren since FY2020. Full-Service Restaurants (9) and All Other Specialty Trade Contractors (5) follow.

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)