May 2023

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CDC Lender of the Year

In the picture, from left to right, Bradd Pierce, Senior Loan Officer - GLCF; Julie Parker, President - GLCF; Geri Sanchez Aglipay, Region V Administrator - SBA; and Gary Witkowski, VP of Loan Operations - GLCF.

The U.S. Small Business Administration (SBA) Michigan District Office recognized Great Lakes Commercial Finance (GLCF) as the state’s CDC Lender of the Year for 2022. The award was presented to GLCF’s President, Julie Parker, at SBA’s Michigan Lender Awards Ceremony on April 11, 2023.  Held at the Federal Reserve Bank in Detroit, the Awards Ceremony honored some of the most active SBA lenders across the state who provide capital to Michigan small businesses. Several other lending entities were recognized for their outstanding efforts in a variety of categories.

The CDC Lender of the Year is for the best overall performance by a certified development company in Michigan, taking into consideration volume, increased area coverage, and participation in SBA programs and community activities. Consideration is given to year-over-year loan volume increases. Additionally, the CDC must also be in good standing with the SBA. GLCF is extremely honored by the recognition.

“Receiving the CDC Lender of the Year award is such an honor and a testament to our experienced, hardworking team and their dedication to helping small businesses succeed.” shared Julie Parker, President. “This level of success would have never been achieved without the support of our board of directors and loan committee members. Most importantly, we share this award with the small businesses of Michigan and all the banks and credit unions we partner with to deliver this program throughout the state.”

Fiscal Year 2022 served as a high-volume year for GLCF, approving 73 new loans with a total project cost of $170,100,797 and a total 504 portion of $61,840,000 to small businesses across the state. These loans were used to buy, build, or refinance fixed assets for businesses such as buildings, machinery, or equipment. Additionally, these loans are anticipated to create 753 jobs over the next two years.

To read the entire article, please click here.

SBA Releases A New SOP, New Rules on Affiliation, and Eliminates the Loan Authorization!

SBA releases a new SOP, new rules on affiliation, and eliminates the loan authorization. To access information about release dates and other details, click on the image below to read our blog post. You will also find direct links to the new SOP and notices.

Upcoming GLCF Events

GLCF will be hosting two exciting events. The first is our Lenders Cup & Golf Outing on September 21, 2023. This event is filling up fast, so please visit the link below or contact Gary Witkowski at to learn more about it, including information on who is eligible to compete, registration information, and sponsorship information.

Lenders Cup & Golf Outing - Sept 2023

Secondly, with SBA not hosting a lenders conference in Michigan this year, GLCF has decided to host our own! This will be an excellent opportunity for commercial lending teams from all over the state to learn more about the 504 and 7(a) loan programs.  This one-day event will take place in Grand Rapids in January 2024.

Lenders Conference - Jan 2024

Schedule a Time for a

504 Refresher!

Is your team in need of a refresher on the 504 loan program? We are happy to assist! Our loan officers are available to meet with your team either in person or remotely to review the fundamentals and address any inquiries you may have. Please contact one of our loan officers to schedule a meeting.

Bradd Pierce

Senior Loan Officer

Southwest and Central Michigan

(616) 304-8881

Gary Witkowski

VP of Loan Operations

Northern MI

(616) 401-9433

Nik Hoezee

Loan Officer

Southeast MI

(616) 208-9849

Lender Leader Board!

We would like to express our gratitude to all the lenders who have received loan approvals through GLCF since the start of our fiscal year. As we approach the end of the current fiscal year (09/30/2023), we would like to inform you that the lending institution with the highest number of loan approvals will be awarded GLCF's Lender of the Year Award!

Our Team

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