Allegiance FCU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Allegiance FCU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 611519 | Other Technical and Trade Schools | 1 | $130K | $130K | 11.1% |
| 541511 | Custom Computer Programming Services | 1 | $225K | $225K | 11.1% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 1 | $300K | $300K | 11.1% |
| 311811 | Retail Bakeries | 1 | $80K | $80K | 11.1% |
| 621610 | Home Health Care Services | 1 | $50K | $50K | 11.1% |
| 238390 | Other Building Finishing Contractors | 1 | $65K | $65K | 11.1% |
Geographic Distribution
SBA lending activity for Allegiance FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oklahoma (OK) | 9 | $1.1M | 100.0% |
Why Choose Allegiance FCU?
Based on SBA 7(a) lending track record from 2006-2009
- ✓Proven Track Record: 9 SBA loans approved, totaling $1.1M in financing
- ✓Industry Expertise: Specialized focus on Other Technical and Trade Schools, Custom Computer Programming Services, Plumbing, Heating, and Air-Conditioning Contractors
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 88 months
- ✓Loan Range: Loan sizes from $50K to $300K, with an average of $119K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in OK
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 Allegiance FCU SBA lending
What types of businesses does Allegiance FCU typically finance?
Allegiance FCU specializes in SBA 7(a) lending to specific industries including other technical and trade schools, custom computer programming services, plumbing, heating, and air-conditioning contractors, retail bakeries. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Allegiance FCU's typical SBA loan terms?
Allegiance FCU's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 88 months (approximately 7 years). Loan sizes range from $50K to $300K, with an average loan size of $119K.
Do I need a business valuation for a Allegiance FCU SBA loan?
Yes, Allegiance 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 Allegiance FCU compare to other SBA lenders?
Allegiance FCU has originated 9 SBA loans totaling $1.1M since 2006. 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 Allegiance FCU lend in?
Allegiance FCU provides SBA 7(a) financing with particularly strong presence in OK. 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?
Certified valuations are often required for SBA loans over $250,000.
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