America First Federal Credit Union
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by America First Federal Credit Union · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 311811 | Retail Bakeries | 106 | $43.0M | $406K | 4.4% |
| 722513 | Limited-Service Restaurants | 96 | $45.5M | $474K | 4.0% |
| 624410 | Child Care Services | 94 | $185.3M | $2.0M | 3.9% |
| 722511 | Full-Service Restaurants | 78 | $76.9M | $986K | 3.3% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 43 | $18.2M | $423K | 1.8% |
| 812112 | Beauty Salons | 42 | $13.0M | $309K | 1.8% |
| 561730 | Landscaping Services | 41 | $16.0M | $391K | 1.7% |
| 623312 | Assisted Living Facilities for the Elderly | 40 | $59.9M | $1.5M | 1.7% |
| 541110 | Offices of Lawyers | 34 | $18.6M | $548K | 1.4% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 30 | $8.6M | $287K | 1.3% |
Geographic Distribution
SBA lending activity for America First Federal Credit Union by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Utah (UT) | 1,229 | $384.5M | 51.4% |
| Nevada (NV) | 430 | $338.7M | 18.0% |
| Arizona (AZ) | 256 | $275.0M | 10.7% |
| California (CA) | 134 | $125.0M | 5.6% |
| Texas (TX) | 68 | $81.3M | 2.8% |
| Colorado (CO) | 52 | $54.0M | 2.2% |
| Idaho (ID) | 46 | $40.9M | 1.9% |
| Georgia (GA) | 21 | $37.3M | 0.9% |
| Florida (FL) | 19 | $16.6M | 0.8% |
| North Carolina (NC) | 12 | $15.1M | 0.5% |
| Washington (WA) | 17 | $13.3M | 0.7% |
| New Mexico (NM) | 6 | $12.8M | 0.3% |
| Oregon (OR) | 12 | $11.3M | 0.5% |
| Illinois (IL) | 8 | $10.4M | 0.3% |
| Montana (MT) | 4 | $8.8M | 0.2% |
| Pennsylvania (PA) | 8 | $7.7M | 0.3% |
| Virginia (VA) | 3 | $6.0M | 0.1% |
| New York (NY) | 5 | $5.4M | 0.2% |
| Nebraska (NE) | 2 | $5.0M | 0.1% |
| Oklahoma (OK) | 3 | $4.6M | 0.1% |
| Kansas (KS) | 6 | $3.7M | 0.3% |
| Tennessee (TN) | 5 | $3.5M | 0.2% |
| Mississippi (MS) | 3 | $3.4M | 0.1% |
| Alabama (AL) | 3 | $3.1M | 0.1% |
| Ohio (OH) | 6 | $2.6M | 0.3% |
| Michigan (MI) | 5 | $2.3M | 0.2% |
| Louisiana (LA) | 2 | $1.8M | 0.1% |
| Maryland (MD) | 4 | $1.6M | 0.2% |
| Missouri (MO) | 5 | $1.4M | 0.2% |
| Arkansas (AR) | 2 | $1.1M | 0.1% |
| Iowa (IA) | 2 | $982K | 0.1% |
| Wyoming (WY) | 4 | $692K | 0.2% |
| Minnesota (MN) | 1 | $591K | 0.0% |
| New Jersey (NJ) | 1 | $482K | 0.0% |
| Hawaii (HI) | 1 | $389K | 0.0% |
| Wisconsin (WI) | 1 | $350K | 0.0% |
| Massachusetts (MA) | 1 | $301K | 0.0% |
| South Carolina (SC) | 2 | $281K | 0.1% |
Why Choose America First Federal Credit Union?
Based on SBA 7(a) lending track record from 1997-2026
- ✓Proven Track Record: 2,389 SBA loans approved, totaling $1.48B in financing
- ✓Industry Expertise: Specialized focus on Retail Bakeries, Limited-Service Restaurants, Child Care Services
- ✓Competitive Terms: Average interest rate of 6.54% with flexible term lengths averaging 165 months
- ✓Loan Range: Loan sizes from $5K to $5.0M, with an average of $620K
- ✓Nationwide Reach: Active lending in 38 states, with strong presence in UT, NV, AZ
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 Federal Credit Union SBA lending
What types of businesses does America First Federal Credit Union typically finance?
America First Federal Credit Union specializes in SBA 7(a) lending to specific industries including retail bakeries, limited-service restaurants, child care services, full-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are America First Federal Credit Union's typical SBA loan terms?
America First Federal Credit Union's SBA 7(a) loans typically feature an average interest rate of 6.54% and average term length of 165 months (approximately 14 years). Loan sizes range from $5K to $5.0M, with an average loan size of $620K.
Do I need a business valuation for a America First Federal Credit Union SBA loan?
Yes, America First Federal Credit Union 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 Federal Credit Union compare to other SBA lenders?
America First Federal Credit Union has originated 2,389 SBA loans totaling $1.48B since 1997. 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 Federal Credit Union lend in?
America First Federal Credit Union provides SBA 7(a) financing with particularly strong presence in UT, NV, AZ, CA, TX. 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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