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SBA 504 Lenders in Michigan
3 certified CDCs · 3,008 loans approved · $1.9B total volume
| CDC Name | City | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| Michigan Certified Development | East Lansing | 1,722 | $1.1B | $660K |
| Great Lakes Commercial Finance | Grandville | 958 | $594.8M | $621K |
| Oakland County Business Financ | Waterford | 328 | $198.0M | $604K |
SBA 504 Loans in Michigan
There are 3 SBA-certified CDCs headquartered in Michigan. Together they have approved 3,008 SBA 504 loans totaling $1.9B since 2010. SBA 504 loans provide long-term fixed-rate financing for commercial real estate and equipment with as little as 10% down.