{"citation":"Small business loans in Royal Oak, MI. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/michigan-small-business-loans/royal-oak/ Source: SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026 (https://data.sba.gov/dataset/7a-504-foia).","url":"https://www.sbaexpress.loans/michigan-small-business-loans/royal-oak/","title":"Small business loans in Royal Oak, MI","data_as_of":"2026-06-30","checked":null,"sources":[{"label":"SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026","url":"https://data.sba.gov/dataset/7a-504-foia"},{"label":"SBA, 504 loans","url":"https://www.sba.gov/loans/504-loans/"},{"label":"SBA, resource partners: SBDCs and SCORE","url":"https://www.sba.gov/counseling/local-assistance/resource-partners/"},{"label":"SBA Michigan District Office (Detroit, with a Grand Rapids branch by appointment)","url":"https://www.sba.gov/district/michigan"},{"label":"Michigan Small Business Development Center","url":"https://michigansbdc.org/"},{"label":"SCORE, Michigan","url":"https://www.score.org/mi/"},{"label":"SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931","url":"https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx"},{"label":"SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)","url":"https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx"},{"label":"sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)","url":"https://www.sba.gov/loans/504-loans/"},{"label":"SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)","url":"https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx"},{"label":"13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)","url":"https://www.ecfr.gov/current/title-13/section-120.214"}],"data":{"place":{"id":"MI|ROYALOAK","city":"Royal Oak","state":"MI","url":"/michigan-small-business-loans/royal-oak/","window":"FY2024 through June 30, 2026","loans":58,"dollars":26689800,"median_amount":150000,"p25_amount":50000,"p75_amount":519725,"express_share":32.8,"loc_share":32.8,"median_spread_over_prime":2.5,"median_term_months":120,"rank_among_cities_100_plus":468},"rows":[{"band":"$50,000 or less","loans":16},{"band":"$50,001 to $150,000","loans":15},{"band":"$150,001 to $350,000","loans":8},{"band":"$350,001 to $500,000","loans":null},{"band":"$500,001 to $1,000,000","loans":9},{"band":"$1,000,001 to $2,000,000","loans":null},{"band":"Over $2,000,000","loans":null}],"loans_by_fiscal_year":[{"fiscal_year":2020,"loans":12},{"fiscal_year":2021,"loans":12},{"fiscal_year":2022,"loans":15},{"fiscal_year":2023,"loans":18},{"fiscal_year":2024,"loans":24},{"fiscal_year":2025,"loans":20},{"fiscal_year":2026,"loans":14}],"lenders":[{"lender":"The Huntington National Bank","loans":27,"window":"recent"},{"lender":"Fifth Third Bank","loans":6,"window":"recent"}],"industries":[{"industry":"Full-Service Restaurants","loans":6,"window":"all"},{"industry":"Offices of Physicians (except Mental Health Specialists)","loans":6,"window":"all"},{"industry":"General Automotive Repair","loans":5,"window":"all"}],"certified_development_companies":[{"name":"Michigan Certified Development Corporation","loans_504":5}]}}