Chetco FCU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Chetco FCU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 531311 | Residential Property Managers | 2 | $208K | $104K | 5.9% |
| 711110 | Theater Companies and Dinner Theaters | 1 | $120K | $120K | 2.9% |
| 114111 | Finfish Fishing | 1 | $150K | $150K | 2.9% |
| 238990 | All Other Specialty Trade Contractors | 1 | $150K | $150K | 2.9% |
| 721110 | Hotels (except Casino Hotels) and Motels | 1 | $65K | $65K | 2.9% |
| 812112 | Beauty Salons | 1 | $30K | $30K | 2.9% |
| 624410 | Child Care Services | 1 | $35K | $35K | 2.9% |
| 339920 | Sporting and Athletic Goods Manufacturing | 1 | $25K | $25K | 2.9% |
| 236115 | New Single-Family Housing Construction (except For-Sale Builders) | 1 | $1.5M | $1.5M | 2.9% |
| 425120 | Wholesale Trade Agents and Brokers | 1 | $500K | $500K | 2.9% |
Geographic Distribution
SBA lending activity for Chetco FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Oregon (OR) | 31 | $8.0M | 91.2% |
| California (CA) | 3 | $885K | 8.8% |
Why Choose Chetco FCU?
Based on SBA 7(a) lending track record from 2004-2010
- ✓Proven Track Record: 34 SBA loans approved, totaling $8.9M in financing
- ✓Industry Expertise: Specialized focus on Residential Property Managers, Theater Companies and Dinner Theaters, Finfish Fishing
- ✓Competitive Terms: Average interest rate of 7.55% with flexible term lengths averaging 72 months
- ✓Loan Range: Loan sizes from $10K to $2.0M, with an average of $261K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in OR, CA
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 Chetco FCU SBA lending
What types of businesses does Chetco FCU typically finance?
Chetco FCU specializes in SBA 7(a) lending to specific industries including residential property managers, theater companies and dinner theaters, finfish fishing, all other specialty trade contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Chetco FCU's typical SBA loan terms?
Chetco FCU's SBA 7(a) loans typically feature an average interest rate of 7.55% and average term length of 72 months (approximately 6 years). Loan sizes range from $10K to $2.0M, with an average loan size of $261K.
Do I need a business valuation for a Chetco FCU SBA loan?
Yes, Chetco 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 Chetco FCU compare to other SBA lenders?
Chetco FCU has originated 34 SBA loans totaling $8.9M since 2004. 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 Chetco FCU lend in?
Chetco FCU provides SBA 7(a) financing with particularly strong presence in OR, CA. 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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