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SBA 504 Lenders in Michigan

3 certified CDCs · 3,008 loans approved · $1.9B total volume

CDC NameCityLoansTotal VolumeAvg Loan
Michigan Certified DevelopmentEast Lansing1,722$1.1B$660K
Great Lakes Commercial FinanceGrandville958$594.8M$621K
Oakland County Business FinancWaterford328$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.