SBA lender profile
Great Lakes Commercial Finance
Great Lakes Commercial Finance appears in the public SBA loan data with 971 funded 504 loans since FY2010, totaling $605.3M, an average of $623K per loan, and an estimated 8,579 jobs supported. Its SBA lending concentrates in Michigan and the Manufacturing sector. Charge-off status is reported only on 7(a) loans, so no charge-off rate is available for this 504-only lender.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record n/r
- Scale 91
- Activity 91
- Consistency 89
Track record is 7(a)-only; Great Lakes Commercial Finance appears with 504 loans only, so it’s scored on scale, activity, and consistency.
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Great Lakes Commercial Finance the right lender for you?
Lenders fund what they know. Great Lakes Commercial Finance's SBA lending concentrates in Michigan (963 loans) and Manufacturing (185 loans), at an average loan of $623K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Great Lakes Commercial Finance is a Certified Development Company (a 504 lender), not an FDIC-insured bank.
Where Great Lakes Commercial Finance lends
Top states by funded SBA volume.
Metro areas where Great Lakes Commercial Finance funds
What Great Lakes Commercial Finance funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 185 | $125.9M |
| Accommodation and Food Services | 149 | $110.5M |
| Health Care and Social Assistance | 121 | $60.1M |
| Retail Trade | 104 | $59.2M |
| Other Services | 78 | $44.4M |
| Arts, Entertainment, Recreation | 42 | $38.5M |
Great Lakes Commercial Finance SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 48 | $13.9M |
| 2011 | 58 | $26.4M |
| 2012 | 91 | $48.1M |
| 2013 | 68 | $30.0M |
| 2014 | 62 | $24.7M |
| 2015 | 56 | $27.8M |
| 2016 | 49 | $36.7M |
| 2017 | 58 | $33.3M |
| 2018 | 62 | $29.9M |
| 2019 | 37 | $25.7M |
| 2020 | 54 | $30.7M |
| 2021 | 89 | $54.3M |
| 2022 | 73 | $61.8M |
| 2023 | 49 | $45.9M |
| 2024 | 38 | $36.7M |
| 2025 | 58 | $61.5M |
| 2026 | 21 | $17.9M |
Related SBA lenders
Other lenders active in Michigan or in Manufacturing.
New to the program? See how an SBA 504 loan works (the structure, the rates, and the CDC's role), browse every Certified Development Company ranked by 504 volume , or see how to choose an SBA lender by track record.
Great Lakes Commercial Finance: frequently asked questions
Does Great Lakes Commercial Finance offer SBA loans?
Yes. Great Lakes Commercial Finance appears in the public SBA data with 971 funded SBA 504 loans totaling $605.3M, as a Certified Development Company (CDC) that funds the SBA 504 portion of a project.
How many SBA loans has Great Lakes Commercial Finance made?
Great Lakes Commercial Finance is associated with 971 SBA 504 loans totaling $605.3M in the public SBA data (as of 2026-03-31).
What is Great Lakes Commercial Finance's SBA charge-off rate?
Charge-off status is reported only on 7(a) loans, and Great Lakes Commercial Finance appears with 504 loans only, so there is no charge-off rate to report. See our methodology.
Where does Great Lakes Commercial Finance do most of its SBA lending?
Great Lakes Commercial Finance's SBA lending in the data is most concentrated in Michigan, and by industry in Manufacturing.
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.
Request your institution's benchmarking →Mario Bailey. (2026). Great Lakes Commercial Finance SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/great-lakes-commercial-finance/
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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