SBA Lending in Troy, Michigan
Businesses in Troy, MI have drawn 895 SBA 7(a) loans worth $302M, and annual volume has fallen 15% versus the prior decade.
- 895
- 7(a) loans
- $302M
- Approved dollars
- $337,561
- Average loan size
- #4
- Rank in Michigan
- -15%
- Annualized vs prior decade
- 8.9%
- Active-loan distress
Troy is the #4 SBA 7(a) market in Michigan and #227 in the country. Since 1991 lenders have approved 895 loans here worth $302M, averaging $337,561 each. Annual approval volume has fallen 15% between FY2013-2019 and FY2020-2026. 8.9% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is limited-service restaurants.
What Troy borrows for
Who lends in Troy
Open the national map, drill into Michigan, and compare Troy 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.