SHANE PIERSON · SBA DATA
SBA by City · Sterling Heights, MI

SBA Lending in Sterling Heights, Michigan

Businesses in Sterling Heights, MI have drawn 841 SBA 7(a) loans worth $189M, and annual volume has fallen 29% versus the prior decade.

841
7(a) loans
$189M
Approved dollars
$225,211
Average loan size
#6
Rank in Michigan
-29%
Annualized vs prior decade
12.7%
Active-loan distress

Sterling Heights is the #6 SBA 7(a) market in Michigan and #249 in the country. Since 1991 lenders have approved 841 loans here worth $189M, averaging $225,211 each. Annual approval volume has fallen 29% between FY2013-2019 and FY2020-2026. 12.7% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is general freight trucking, long-distance, truckload.

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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.