SBA lender profile
Lake Trust CU
Lake Trust CU appears in the public SBA loan data with 96 funded 7(a) loans since FY2010, totaling $33.8M, an average of $352K per loan, and an estimated 1,272 jobs supported. Its SBA lending concentrates in Michigan and the Accommodation and Food Services sector. Across its 7(a) loans, the charge-off rate is 1.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 80
- Scale 49
- Activity 51
- Consistency 83
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Lake Trust CU the right lender for you?
Lenders fund what they know. Lake Trust CU's SBA lending concentrates in Michigan (96 loans) and Accommodation and Food Services (24 loans), at an average loan of $352K. 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.
Where Lake Trust CU lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Michigan | 96 | $33.8M |
Metro areas where Lake Trust CU funds
What Lake Trust CU funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 24 | $10.3M |
| Transportation and Warehousing | 13 | $6.1M |
| Retail Trade | 12 | $4.2M |
| Other Services | 11 | $4.0M |
| Health Care and Social Assistance | 10 | $3.4M |
| Professional and Technical Services | 3 | $2.0M |
Lake Trust CU SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 1 | $90K |
| 2011 | 3 | $290K |
| 2012 | 4 | $1.2M |
| 2013 | 6 | $1.9M |
| 2014 | 5 | $2.6M |
| 2015 | 6 | $1.6M |
| 2016 | 5 | $1.2M |
| 2017 | 13 | $7.1M |
| 2018 | 6 | $630K |
| 2019 | 7 | $1.7M |
| 2020 | 6 | $3.5M |
| 2021 | 7 | $2.5M |
| 2022 | 7 | $2.7M |
| 2023 | 4 | $637K |
| 2024 | 6 | $2.9M |
| 2025 | 9 | $2.9M |
| 2026 | 1 | $252K |
Related SBA lenders
Other lenders active in Michigan or in Accommodation and Food Services.
Comparing lenders? See how to choose an SBA lender by track record.
Lake Trust CU: frequently asked questions
Does Lake Trust CU offer SBA loans?
Yes. Lake Trust CU appears in the public SBA data with 96 funded SBA 7(a) loans totaling $33.8M.
How many SBA loans has Lake Trust CU made?
Lake Trust CU is associated with 96 SBA 7(a) loans totaling $33.8M in the public SBA data (as of 2026-03-31).
What is Lake Trust CU's SBA charge-off rate?
About 1.0% of Lake Trust CU's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does Lake Trust CU do most of its SBA lending?
Lake Trust CU's SBA lending in the data is most concentrated in Michigan, and by industry in Accommodation and Food Services.
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). Lake Trust CU SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/lake-trust-cu/
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