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SBA Loans in Mohawk, MI
7(a) and 504 loans approved, fiscal years 2023 to 2025
- Loans approved
- 7
- Amount approved
- $5.5M
- Jobs supported
- 159
- As reported by borrowers
Counts and dollar amounts are SBA 7(a) and 504 loans approved in each federal fiscal year (October to September), from SBA's FOIA loan data. Loans are placed by the project county and the borrower's city. Borrower names are not shown. Jobs supported are the jobs borrowers reported when they applied.
Loans by fiscal year
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| Year | Loans | Amount | Average | 7(a) | 504 |
|---|---|---|---|---|---|
| FY2025 | 2 | $1.1M | $548,750 | 2 | 0 |
| FY2024 | 1 | $812K | $811,500 | 1 | 0 |
| FY2023 | 4 | $3.6M | $897,625 | 4 | 0 |
Top industries
All years shown, by amount
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| Industry | Loans | Amount |
|---|---|---|
| Skiing Facilities | 5 | $5M |
| Full-Service Restaurants | 1 | $498K |
| Other Building Finishing Contractors | 1 | $50K |
Top lenders
7(a) lenders and 504 certified development companies, by amount
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| Lender | Loans | Amount |
|---|---|---|
| The Huntington National Bank | 5 | $5M |
| Superior National Bank | 1 | $498K |
| Readycap Lending, LLC | 1 | $50K |
Source: U.S. Small Business Administration, 7(a) and 504 FOIA loan data · Last updated 06/30/2026
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