Acadia FCU
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by Acadia FCU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 484110 | General Freight Trucking, Local | 24 | $1.7M | $70K | 23.1% |
| 113310 | Logging | 16 | $1.4M | $85K | 15.4% |
| 562111 | Solid Waste Collection | 16 | $2.7M | $166K | 15.4% |
| 484121 | General Freight Trucking, Long Distance, Truckload | 8 | $1.6M | $197K | 7.7% |
| 311612 | Meat Processed from Carcasses | 8 | $1.6M | $200K | 7.7% |
| 447110 | Gasoline Stations with Convenience Stores | 8 | $3.0M | $380K | 7.7% |
| 624210 | Community Food Services | 8 | $200K | $25K | 7.7% |
| 441210 | Recreational Vehicle Dealers | 8 | $120K | $15K | 7.7% |
| 311811 | Retail Bakeries | 8 | $832K | $104K | 7.7% |
Geographic Distribution
SBA lending activity for Acadia FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Maine (ME) | 104 | $13.1M | 100.0% |
Why Choose Acadia FCU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 104 SBA loans approved, totaling $13.1M in financing
- ✓Industry Expertise: Specialized focus on General Freight Trucking, Local, Logging, Solid Waste Collection
- ✓Competitive Terms: Average interest rate of 6.07% with flexible term lengths averaging 102 months
- ✓Loan Range: Loan sizes from $15K to $380K, with an average of $126K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in ME
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Acadia FCU SBA lending
What types of businesses does Acadia FCU typically finance?
Acadia FCU specializes in SBA 7(a) lending to specific industries including general freight trucking, local, logging, solid waste collection, general freight trucking, long distance, truckload. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Acadia FCU's typical SBA loan terms?
Acadia FCU's SBA 7(a) loans typically feature an average interest rate of 6.07% and average term length of 102 months (approximately 9 years). Loan sizes range from $15K to $380K, with an average loan size of $126K.
Do I need a business valuation for a Acadia FCU SBA loan?
Yes, Acadia FCU typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Acadia FCU compare to other SBA lenders?
Acadia FCU has originated 104 SBA loans totaling $13.1M since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Acadia FCU lend in?
Acadia FCU provides SBA 7(a) financing with particularly strong presence in ME. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
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