American United FCU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by American United FCU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 2 | $707K | $353K | 25.0% |
| 811111 | General Automotive Repair | 2 | $82K | $41K | 25.0% |
| 721110 | Hotels (except Casino Hotels) and Motels | 1 | $600K | $600K | 12.5% |
| 459510 | Used Merchandise Retailers | 1 | $350K | $350K | 12.5% |
Geographic Distribution
SBA lending activity for American United FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Utah (UT) | 8 | $6.2M | 100.0% |
Why Choose American United FCU?
Based on SBA 7(a) lending track record from 2013-2024
- ✓Proven Track Record: 8 SBA loans approved, totaling $6.2M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, General Automotive Repair, Hotels (except Casino Hotels) and Motels
- ✓Competitive Terms: Average interest rate of 8.59% with flexible term lengths averaging 172 months
- ✓Loan Range: Loan sizes from $16K to $3.9M, with an average of $776K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in UT
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 American United FCU SBA lending
What types of businesses does American United FCU typically finance?
American United FCU specializes in SBA 7(a) lending to specific industries including limited-service restaurants, general automotive repair, hotels (except casino hotels) and motels, used merchandise retailers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are American United FCU's typical SBA loan terms?
American United FCU's SBA 7(a) loans typically feature an average interest rate of 8.59% and average term length of 172 months (approximately 14 years). Loan sizes range from $16K to $3.9M, with an average loan size of $776K.
Do I need a business valuation for a American United FCU SBA loan?
Yes, American United 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 American United FCU compare to other SBA lenders?
American United FCU has originated 8 SBA loans totaling $6.2M since 2013. 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 American United FCU lend in?
American United FCU provides SBA 7(a) financing with particularly strong presence in UT. 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?
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