SBAPULSE

Lake Michigan CU

Headquartered in GRAND RAPIDS, MI

Compare interactively in the Lender Explorer.

7(a) Lending

Gross approval amounts

FY2026 Volume

$35.1M

#154 by FY2026 volume

FY2026 Loans

35

$1.0M avg size

FY2022–FY2026 Volume

$169.2M

FY2022–FY2026 Loans

189

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2026

Low
High

Activity by State

2 states, districts, and territories with activity

#
1MI23$26.9M$1.2M
2FL12$8.1M$677K
Explore 7(a) loan-level performance

504 Third Party Lending

First mortgage amounts committed alongside 504 debentures

FY2026 Volume

$772K

#986 by FY2026 volume

FY2026 Loans

2

$386K avg size

FY2022–FY2026 Volume

$66.4M

FY2022–FY2026 Loans

39

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2026

Low
High

Activity by State

1 state, districts, and territories with activity

#
1FL2$0.8M$386K
Explore 504 loan-level performance as third party lender

Source: SBA lender activity reports, data as of Sep 30, 2026. Historical years reflect fiscal year-end figures and are not restated for subsequent acquisitions or mergers. See data sources & methodology.