Saginaw: full-service restaurant lending

Within Saginaw, over FY2017 to FY2026, SBA's data list 28 full-service restaurant loans, totalling $6.9 million of gross dollars approved. Inside Saginaw, full-service restaurant lending sits 1 of 39 in the local class table. By contrast, Saginaw comes in at 158 of 821 across all metro and micro areas for full-service restaurant loans. Saginaw's location quotient is 1.39x, above the national share. Saginaw's median loan size comes to $147,000. The inner half of Saginaw loans stretches from $68,750 to $370,000, and the median stands at 0.53x the class median nationally. Saginaw restaurants borrow little: a median of $147,000 at 0.53x of the nationwide class median, and a middle half from $68,750 to $370,000. Full-service dining leads the local table (1 of 39) on a heavy 1.39x location quotient. The Huntington National Bank holds 18 SBA 7(a) loans worth $2.5 million, and Saginaw County holds all 28 loans.

Loan Analytics keeps back the Saginaw program counts and franchise rate, as each rests on too few loans to print. The Saginaw lender tables show that The Huntington National Bank has $2.5 million on its books in 18 SBA 7(a) loans. Saginaw's holder rows show current holders only. Saginaw applicants learn nothing of bank requirements from them. Every one of the 28 loans sits in Saginaw County, MI.

Saginaw: years, floors and limits

In Saginaw, a few years can be shown: FY2019 shows 6 loans valued at $886,400; FY2022 has 8 loans totalling $1.8 million. In FY2017 and FY2020, Saginaw shows 0 loans and $0. The Saginaw years not shown: FY2018, FY2021 and FY2023 to FY2026. Those Saginaw years differ from none. The Saginaw cancellation rate: not published, below 30 loans in the cohort. The Saginaw charge-off rate: not given, below 30 loans in the cohort. Saginaw's cut-off is Loan Analytics' own. Saginaw's FY2017 to FY2021 group is short. Saginaw takes the 2023 July list. Saginaw admits a loan only by its county. Saginaw omits unmatched loans.

Saginaw: what to test

Saginaw plans should keep to scale: seat count, kitchen equipment and a lease or building that a loan near $147,000 can reasonably carry. Test the trade area and the per-seat sales the room needs, with a slow opening season. FY2019 shows 6 loans worth $886,400 and FY2022 shows 8 loans worth $1.8 million, while FY2017 and FY2020 show 0 loans, so momentum should not be read into the record. Income is what the appraisal will test.

SBA full-service restaurant loans in the Saginaw, MI Metro Area

Loans approved, FY2017 to FY2026	28
Gross dollars approved	$6.9 million
Median loan	$147,000
Middle half of loans, from	$68,750
Middle half of loans, to	$370,000
SBA 7(a) loans	withheld
SBA 504 loans	withheld
Franchise share of loans	withheld
Rank among metro and micro areas for full-service restaurant loans	158 of 821
Rank of full-service restaurant among the classes in this area	1 of 39
Location quotient (share of loans against the national share)	1.39x
Median loan against the national median for the class	0.53x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	not reported: fewer than 30 loans in the cohort
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	withheld

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

SBA full-service restaurant loans approved in the Saginaw, MI Metro Area, by fiscal year

Fiscal year	Loans	Dollars
FY2017	0	$0
FY2018	withheld	withheld
FY2019	6	$886,400
FY2020	0	$0
FY2021	withheld	withheld
FY2022	8	$1.8 million
FY2023	withheld	withheld
FY2024	withheld	withheld
FY2025	withheld	withheld
FY2026	withheld	withheld

Most active SBA lenders

SBA 7(a): lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
The Huntington National Bank	18	$2.5 million

Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.

Where the loans are, by county

County	Loans
Saginaw County, MI	28

Counties with 5 or more loans; smaller ones are not listed.

Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MA-40980-C34.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a full-service restaurant project in the Saginaw, MI Metro Area, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

Restaurant Feasibility Study in the Saginaw, MI Metro Area