Best SBA Lenders in Warren, MI (2026)
2025 FOIA data: top lenders, rates & industries for Warren SBA loans
SBA Loans in Warren, Michigan
Looking for an SBA loan in Warren, Michigan? Based on 2025 FOIA data, 27 SBA 7(a) loans were funded in Warren totaling $14.3M, supporting an estimated 194 jobs. With 8 active lenders competing for business in the Warren market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Warren is $529K at an average rate of 10.14%. The top lender in Warren is Comerica Bank, with the most-funded industry being Hotels (except Casino Hotels) and Motels. See all Michigan SBA lenders for statewide rankings.
SBA Loans in Warren by Business Type
Whether you’re starting a new business in Warren, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 7% of SBA loans in Warren (3 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 48% (4 loans) — if you’re looking to buy a business in Warren, this is a proven use case for SBA financing. Existing businesses make up 38% and typically receive the most favorable terms.
Top SBA Lenders in Warren, MI (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Warren businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Comerica Bank | $3.9M | 6 | 9.04% |
| 2 | The Huntington National Bank | $3.6M | 9 | 9.88% |
| 3 | Shoreham Bank | $3.2M | 1 | 9% |
| 4 | Independent Bank | $1.0M | 1 | 7.59% |
| 5 | Community Choice CU | $834K | 2 | 10.25% |
| 6 | Readycap Lending, LLC | $824K | 4 | 12% |
| 7 | Newtek Bank, National Association | $555K | 3 | 11.67% |
| 8 | Harvest Small Business Finance, LLC | $350K | 1 | 10.5% |
The top lenders in Warren have direct experience with local businesses and understand the Warren market — commercial real estate values, local industry dynamics, and regional economic conditions. Pay attention to the “Avg Rate” column, as rates vary significantly between lenders. A 0.5-1.0% rate difference on a $500K loan translates to $15,000-$30,000 in savings over the life of the loan.
Don’t limit your search to banks listed above — many national SBA lenders also fund loans in Warren and may offer better rates. An SBA loan broker like GoSBA gives you access to both local and national lenders with one application.
Get Matched with the Best SBA Lender in Warren
One 5-minute application. 8+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Warren
These are the industries that received the most SBA 7(a) funding in Warren in 2025. If your business is in one of these sectors, lenders are already familiar with your business model and may offer faster approvals:
| Industry | Loans | Volume |
|---|---|---|
| Hotels (except Casino Hotels) and Motels | 1 | $3.2M |
| Hardware Merchant Wholesalers | 2 | $2.7M |
| Bowling Centers | 2 | $1.7M |
| Home Health Care Services | 3 | $1.6M |
| Other Activities Related to Real Estate | 1 | $1.0M |
| Nail Salons | 1 | $556K |
| Commercial and Institutional Building Construction | 1 | $445K |
| All Other Amusement and Recreation Industries | 1 | $350K |
| All Other Outpatient Care Centers | 1 | $350K |
| General Freight Trucking, Local | 1 | $350K |
Lenders with experience funding your specific industry in Warren understand the local competitive landscape, typical revenue ranges, and seasonal patterns. This familiarity often translates to faster underwriting and more competitive terms. If your industry doesn’t appear above, SBA loans are available for nearly every legal business type — an SBA broker can match you with lenders who specialize in your sector.
How to Get an SBA Loan in Warren
Option 1: Apply directly to one of the top Warren lenders listed above. You’ll receive a single quote from one bank.
Option 2: Use an SBA loan broker (recommended). GoSBA Loans submits your application to multiple Warren-active lenders and national SBA lenders simultaneously. More offers means better rates, faster approvals, and zero cost to you — lenders pay the broker fee.
Frequently Asked Questions
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Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
