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SBA Loans in Fraser, MI
7(a) and 504 loans approved, fiscal years 2022 to 2026
- Loans approved
- 24
- Amount approved
- $7.74M
- Jobs supported
- 113
- As reported by borrowers
Counts and dollar amounts are SBA 7(a) and 504 loans approved in each federal fiscal year (October to September), from SBA's FOIA loan data. Loans are placed by the project county and the borrower's city. Borrower names are not shown. Jobs supported are the jobs borrowers reported when they applied.
Loans by fiscal year
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| Year | Loans | Amount | Average | 7(a) | 504 |
|---|---|---|---|---|---|
| FY2026 (through 06/30/2026) | 1 | $1M | $1,000,000 | 1 | 0 |
| FY2025 | 5 | $624K | $124,700 | 5 | 0 |
| FY2024 | 10 | $1.67M | $166,830 | 8 | 2 |
| FY2023 | 3 | $517K | $172,333 | 2 | 1 |
| FY2022 | 5 | $3.93M | $785,940 | 5 | 0 |
Top industries
All years shown, by amount
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| Industry | Loans | Amount |
|---|---|---|
| Perishable Prepared Food Manufacturing | 1 | $3.3M |
| New Single-Family Housing Construction (except For-Sale Builders) | 1 | $1M |
| Offices of Certified Public Accountants | 2 | $700K |
| Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing | 1 | $424K |
| Machine Tool Manufacturing | 1 | $400K |
| Car Washes | 2 | $370K |
| Retail Bakeries | 1 | $267K |
| Machine Shops | 1 | $200K |
| Offices of Dentists | 1 | $192K |
| Other Waste Collection | 1 | $150K |
Top lenders
7(a) lenders and 504 certified development companies, by amount
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| Lender | Loans | Amount |
|---|---|---|
| JPMorgan Chase Bank, National Association | 1 | $3.3M |
| 1st Financial Bank USA | 1 | $1M |
| The Huntington National Bank | 8 | $710K |
| Michigan Certified Development Corporation | 2 | $587K |
| Oakland County Business Finance Corporation | 1 | $424K |
| Citizens Bank, National Association | 1 | $400K |
| Capital Bank, National Association | 1 | $350K |
| KeyBank National Association | 1 | $350K |
| Bank of America, National Association | 1 | $192K |
| Northeast Bank | 3 | $179K |
Source: U.S. Small Business Administration, 7(a) and 504 FOIA loan data · Last updated 06/30/2026