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SBA lenders in Lake Orion, MI

SBA 7(a) and 504 loans to businesses in Lake Orion (Oakland County), October 2021 to June 30, 2026 · Updated October 15, 2026
65
SBA loans approved
$30.9M
Total approved
$237,000
Median loan
24
Lenders active
46%
To startups

65 SBA loans worth $30.9M went to businesses in Lake Orion, MI between October 2021 and June 2026, from 24 lenders. Huntington National Bank made the most, 23 loans. The median loan was $237,000, compared with $150,000 across Michigan, and construction was the most financed industry.

Most active SBA lenders in Lake Orion

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
23$5.4M$90,00048%
2Oxford Bank
Bank · Oxford, MI
8$2.5M$300,00050%
3Live Oak Banking
Bank · Wilmington, NC
3$3.0M$750,0000%
4Readycap Lending
Non-bank lender · Berkeley Heights, NJ
3$2.0M$500,00033%
5JPMorgan Chase Bank
Bank · Columbus, OH
3$345K$50,000100%
6Great Lakes Commercial Finance
Certified development company · Grandville, MI
2$3.4M$1,688,5000%
7Fifth Third Bank
Bank · Cincinnati, OH
2$1.6M$794,0000%
8First Merchants Bank
Bank · Muncie, IN
2$550K$275,0000%
9Citizens Bank
Bank · Elizabethton, TN
2$420K$210,000100%
10Newtek Bank
Bank · Miami, FL
2$350K$175,0000%
11United Midwest Savings Bank
Bank · Degraff, OH
2$300K$150,000100%
12Mechanics and Farmers Bank
Bank · Durham, NC
1$3.0M$3,013,0000%
13Shoreham Bank
Bank · Warwick, RI
1$3.0M$2,950,000100%
14ChoiceOne Bank
Bank · Sparta, MI
1$1.4M$1,386,000100%
15Milestone Bank
Bank · Salt Lake City, UT
1$1.4M$1,380,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Lake Orion. For 504 loans the lender shown is the certified development company.

What gets financed in Lake Orion

IndustryLoansShareMedian loanMost active lender
Construction18
28%
$208,500Huntington National Bank
Health care and social assistance9
14%
$50,000Huntington National Bank
Other services (repair, personal care)7
11%
$210,000Citizens Bank
Administrative and support services6
9%
$347,000Huntington National Bank
Restaurants and hotels6
9%
$494,000Oxford Bank
Professional and technical services5
8%
$245,000Oxford Bank
Transportation and warehousing4
6%
$612,500Huntington National Bank
Arts, entertainment and recreation4
6%
$85,500Huntington National Bank
Loan size mix
  • Under $150,00035%
  • $150,000 to $500,00035%
  • $500,000 to $2 million25%
  • $2 million and up5%
Compared with Michigan
Median loan, Lake Orion
$237,000
Median loan, Michigan
$150,000
Startup share, Lake Orion
46%
Startup share, Michigan
29%
Share of state's SBA loans
0.6%

SBA loans per fiscal year in Lake Orion

0102030FY14: 8 loansFY14FY15: 11 loansFY15FY16: 13 loansFY16FY17: 23 loansFY1723FY18: 5 loansFY18FY19: 6 loansFY19FY20: 4 loansFY20FY21: 9 loansFY21FY22: 11 loansFY22FY23: 12 loansFY23FY24: 16 loansFY24FY25: 14 loansFY25FY26 (Oct to Jun): 12 loansFY2612
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.