We track 2,389 SBA 7(a)/504 loans to Michigan small businesses across seven industries, from the SBA's public disclosure files. Median peak loan $471,800; 280 reach maturity between 2026 and 2028.
Loans reaching maturity by year
Year
Loans
2024
90
2025
85
2026
96
2027
88
2028
96
2029
91
2030
108
2031
103
2032
99
2033
121
2034
112
2035
130
2036
82
By industry
Industry
Loans
Niche Manufacturing
917
Auto Repair & Body Shops
468
Dental Practices
367
Landscaping & Grounds Care
178
Veterinary Clinics
172
HVAC & Plumbing Services
153
Funeral Homes & Death Care
134
Where they are
Metro
Loans
Detroit-Warren-Dearborn, MI
1,014
Other Michigan
401
Grand Rapids-Kentwood, MI
395
Lansing-East Lansing, MI
102
Flint, MI
71
Muskegon, MI
71
Counts are of loans in our index, not of all SBA lending in Michigan. Refinancing and prepayment are not visible in approval-time disclosure, so scheduled maturities overstate loans still outstanding. Full methodology, or benchmark a deal size.