SBA Lending in Detroit, Michigan
The SBA FOIA record lists 2,083 7(a) approvals worth $588M for businesses in Detroit, MI, 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
- 9.7%
- Active-status distress
Detroit is the #2 SBA 7(a) market in Michigan and #72 in the country. Since 1991 the FOIA record lists 2,083 approvals here worth $588M, averaging $282,324 each. Annual approval volume has grown 20% between FY2013-2019 and FY2020-2026. Among 422 active-status loans, 9.7% are delinquent, past due, or in liquidation. The local business type with the most listed records 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. Active-status distress counts DELINQ, PSTDUE, or LIQUID loans as a share of CURR, DELINQ, PSTDUE, LIQUID, or DEFERD loans. Approval is not funding. FOIA record as of March 31, 2026. Methodology.