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SBA lender profile

Detroit Development Fund

Detroit Development Fund appears in the public SBA loan data with 3 funded 7(a) loans since FY2010, totaling $573K, an average of $191K per loan, and an estimated 14 jobs supported. Its SBA lending concentrates in Michigan and the Manufacturing sector. With only 3 7(a) loans in the data, the sample is too small to read a charge-off rate as a track record.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Funded loans
3
Since FY2010
Total volume
$573K
Average loan size
$191K
7(a) charge-off rate
Insufficient data
Only 3 7(a) loans in the data
Jobs supported (reported)
14
Programs
7(a)

Is Detroit Development Fund the right lender for you?

Detroit Development Fund appears in the SBA record with 3 funded loans since FY2010, too few to read as a lending pattern. That is not a mark against the institution, but it does mean the record cannot tell you whether it lends to businesses like yours. Lenders with a deeper track record in your state and industry can.

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Where Detroit Development Fund lends

Top states by funded SBA volume.

StateLoansTotal volume
Michigan 3 $573K

What Detroit Development Fund funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Manufacturing 1 $213K
Retail Trade 1 $187K
Health Care and Social Assistance 1 $173K

Detroit Development Fund SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
20163$573K

Related SBA lenders

Other lenders active in Michigan or in Manufacturing.

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Detroit Development Fund: frequently asked questions

Does Detroit Development Fund offer SBA loans?

Yes. Detroit Development Fund appears in the public SBA data with 3 funded SBA 7(a) loans totaling $573K.

How many SBA loans has Detroit Development Fund made?

Detroit Development Fund is associated with 3 SBA 7(a) loans totaling $573K in the public SBA data (as of 2026-03-31).

What is Detroit Development Fund's SBA charge-off rate?

Detroit Development Fund appears with only 3 7(a) loans in the data, too few for a charge-off rate to be meaningful as a track record. The SBA Lender Score treats fewer than 20 loans as insufficient data for the same reason; see our methodology.

Where does Detroit Development Fund do most of its SBA lending?

Detroit Development Fund's SBA lending in the data is most concentrated in Michigan, and by industry in Manufacturing.

For Detroit Development Fund

This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.

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Sources and disclaimer. All figures are computed from the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31), as described in our methodology. The charge-off rate is the share of Detroit Development Fund's 7(a) loans marked charged off (504 loans do not report charge-off status); it is not a lifetime default rate. SBA Loan Index is not affiliated with the SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
Cite this analysis

Mario Bailey. (2026). Detroit Development Fund SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/detroit-development-fund/

Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.

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