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SBA Loans in Sterling Heights, MI

Businesses in Sterling Heights, MI have closed 421 SBA loans worth $114.6M in approved capital since 2016 , supporting 2,608 local jobs. The average Sterling Heights SBA loan is $272K. PeerSense reads the local lending data and matches you to the SBA lender most likely to fund your deal.

Data updated June 2026. Source: SBA 7(a) and 504 loan records, 2016 to present.

421

SBA Loans Funded

$114.6M

Capital Deployed

$272K

Average Loan

2,608

Jobs Supported

1.9%

Charge Off Rate

Most active Sterling Heights industries for SBA financing

General Freight Trucking, Long Distance, Truckload123 loans
General Freight Trucking, Local48 loans
Limited-Service Restaurants11 loans
Full-Service Restaurants9 loans
Plumbing, Heating, and Air-Conditioning Contractors9 loans

SBA lenders actively funding MI deals

Ranked by real funding activity in MI. PeerSense reads this match and routes your deal to the lender most likely to approve and price it. You work with us, not a call list.

Get matched to an SBA lender in Sterling Heights.

Tell us your loan amount and use of funds. We route you to the lender most likely to fund a Sterling Heights deal, local or national.

SBA 7(a) / 504 — Response within 4 business hours. No obligation.

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How to get an SBA loan in Sterling Heights

SBA loans in Sterling Heights, MI are not limited to local banks. SBA 7(a) and 504 loans can be funded by national lenders and preferred lenders anywhere in the country, and the right out of market lender often beats a local bank on rate, term, and speed to close. What matters is matching your industry, loan size, and structure to a lender that actively funds deals like yours.

With 421 loans and $114.6M of approved capital on record, Sterling Heights has a deep, lender friendly track record. PeerSense uses that history to route your deal to the lender most likely to approve it, then stays with you through closing.