Business Loans

Oakland County Stabilization Fund

Oakland County Executive David Coulter and the Oakland County Board of Commissioners joined together to create the Oakland County small business stabilization fund to provide immediate help for small businesses impacted by the COVID-19 pandemic. The $3 million fund is made possible by $1.85 million from Oakland County and $1.15 million grant from the Michigan Economic Development Corporation’s Small Business Relief Program.  The grant will assist qualifying small businesses with up to $10,000 to help offset losses or expenses resulting from the coronavirus emergency.

The application process is now closed

More information is available at:

Oakland County Business Loans
Project: Ultimate Soccer Arena, Pontiac | Total Project: $8,209,407  |  Bank: Lake Trust Credit Union  |  Jobs Created/Retained: 29