America First FCU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by America First FCU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 623312 | Homes for the Elderly | 248 | $379.4M | $1.5M | 5.8% |
| 722513 | Limited-Service Restaurants | 200 | $96.5M | $482K | 4.7% |
| 722511 | Full-Service Restaurants | 168 | $207.6M | $1.2M | 4.0% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 128 | $90.7M | $708K | 3.0% |
| 457110 | Other | 128 | $187.9M | $1.5M | 3.0% |
| 811192 | Car Washes | 104 | $116.2M | $1.1M | 2.4% |
| 721110 | Hotels (except Casino Hotels) and Motels | 104 | $334.9M | $3.2M | 2.4% |
| 238990 | All Other Specialty Trade Contractors | 80 | $56.7M | $709K | 1.9% |
| 721211 | RV (Recreational Vehicle) Parks and Campgrounds | 80 | $142.9M | $1.8M | 1.9% |
| 531130 | Lessors of Miniwarehouses and Self-Storage Units | 72 | $87.0M | $1.2M | 1.7% |
Geographic Distribution
SBA lending activity for America First FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Utah (UT) | 2,136 | $1.82B | 50.3% |
| Arizona (AZ) | 872 | $971.0M | 20.5% |
| Nevada (NV) | 848 | $766.1M | 20.0% |
| Idaho (ID) | 280 | $305.6M | 6.6% |
| Montana (MT) | 32 | $70.7M | 0.8% |
| Colorado (CO) | 24 | $59.0M | 0.6% |
| New Mexico (NM) | 24 | $37.4M | 0.6% |
| Arkansas (AR) | 16 | $8.6M | 0.4% |
| California (CA) | 8 | $5.9M | 0.2% |
| Oregon (OR) | 8 | $1.7M | 0.2% |
Why Choose America First FCU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 4,248 SBA loans approved, totaling $4.04B in financing
- ✓Industry Expertise: Specialized focus on Homes for the Elderly, Limited-Service Restaurants, Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 6.90% with flexible term lengths averaging 217 months
- ✓Loan Range: Loan sizes from $8K to $5.0M, with an average of $952K
- ✓Nationwide Reach: Active lending in 10 states, with strong presence in UT, AZ, NV
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 America First FCU SBA lending
What types of businesses does America First FCU typically finance?
America First FCU specializes in SBA 7(a) lending to specific industries including homes for the elderly, limited-service restaurants, full-service restaurants, snack and nonalcoholic beverage bars. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are America First FCU's typical SBA loan terms?
America First FCU's SBA 7(a) loans typically feature an average interest rate of 6.90% and average term length of 217 months (approximately 18 years). Loan sizes range from $8K to $5.0M, with an average loan size of $952K.
Do I need a business valuation for a America First FCU SBA loan?
Yes, America First 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 America First FCU compare to other SBA lenders?
America First FCU has originated 4,248 SBA loans totaling $4.04B 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 America First FCU lend in?
America First FCU provides SBA 7(a) financing with particularly strong presence in UT, AZ, NV, ID, MT. 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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