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Lake Michigan CU

GRAND RAPIDS, MI 49512

⭐ SBA Preferred Lender
301
Loans Approved
$300.9M
Total Volume
$1000K
Avg Loan Size
7
States Served

States Served

FloridaGeorgiaIllinoisMichiganNew YorkOhioVirginia

Top Industries Financed

  • Limited-Service Restaurants
  • Landscaping Services
  • Full-Service Restaurants
  • All Other Specialty Trade Contractors
  • Snack and Nonalcoholic Beverage Bars

About Lake Michigan CU

Lake Michigan CU is an SBA-approved lender headquartered in GRAND RAPIDS, Michigan. Since 2020, they have approved 301 SBA 7(a) loans totaling $300.9M, with an average loan size of $1000K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 7 states.

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SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days