SBA Lending in Detroit, Michigan
Businesses in Detroit, MI have drawn 2,083 SBA 7(a) loans worth $588M, and annual volume has grown 20% versus the prior decade.
- 2,083
- 7(a) loans
- $588M
- Approved dollars
- $282,324
- Average loan size
- #2
- Rank in Michigan
- +20%
- Annualized vs prior decade
- 24.1%
- Active-loan distress
Detroit is the #2 SBA 7(a) market in Michigan and #72 in the country. Since 1991 lenders have approved 2,083 loans here worth $588M, averaging $282,324 each. Annual approval volume has grown 20% between FY2013-2019 and FY2020-2026. 24.1% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is gasoline stations with convenience stores.
What Detroit borrows for
Who lends in Detroit
Open the national map, drill into Michigan, and compare Detroit against every zip code in the state.
Open the interactive map ↗7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026.