SBA lending by metro area
SBA lenders in Cadillac, MI
Which lenders fund Cadillac-area businesses, how much, and how the market compares with Michigan: SBA 7(a) and 504 loans, FY2010–2026.
By Mario Bailey · SBA FOIA data as of 2026-03-31
Top SBA lenders in the Cadillac area
Ranked by SBA volume funded to businesses located in the Cadillac micropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 85 | $18.6M | $219K | 5.88% |
| 2 | Horizon Bank | 22 | $5.7M | $259K | 0.00% |
| 3 | Michigan Certified Development Corporation | 11 | $4.0M | $363K | not reported |
| 4 | Live Oak Banking Company | 5 | $3.2M | $633K | not reported |
| 5 | Great Lakes Commercial Finance | 7 | $2.6M | $370K | not reported |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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How Cadillac compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Cadillac area | $112K ▼ 10.4% | 11.2% ▲ 2.9 pts |
| Michigan | $125K | 8.3% |
| United States | $179K | 11.2% |
What gets funded in Cadillac
| Industry | Loans | Total funded |
|---|---|---|
| Manufacturing | 25 | $11.9M |
| Retail Trade | 25 | $8.8M |
| Accommodation and Food Services | 23 | $8.0M |
| Other Services | 15 | $6.6M |
| Health Care and Social Assistance | 15 | $5.5M |
| Construction | 17 | $2.8M |
| Transportation and Warehousing | 10 | $1.5M |
| Educational Services | 5 | $1.2M |
SBA lending in Cadillac by year
Geography, precisely
"Cadillac area" here means the Cadillac, MI micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Missaukee County, MI; Wexford County, MI. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.