Citadel FCU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Citadel FCU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 1 | $1.2M | $1.2M | 33.3% |
| 312113 | Ice Manufacturing | 1 | $78K | $78K | 33.3% |
| 541330 | Engineering Services | 1 | $500K | $500K | 33.3% |
Geographic Distribution
SBA lending activity for Citadel FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Pennsylvania (PA) | 3 | $1.8M | 100.0% |
Why Choose Citadel FCU?
Based on SBA 7(a) lending track record from 2026-2026
- ✓Proven Track Record: 3 SBA loans approved, totaling $1.8M in financing
- ✓Industry Expertise: Specialized focus on Drycleaning and Laundry Services (except Coin-Operated), Ice Manufacturing, Engineering Services
- ✓Competitive Terms: Average interest rate of 8.75% with flexible term lengths averaging 180 months
- ✓Loan Range: Loan sizes from $78K to $1.2M, with an average of $584K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in PA
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 Citadel FCU SBA lending
What types of businesses does Citadel FCU typically finance?
Citadel FCU specializes in SBA 7(a) lending to specific industries including drycleaning and laundry services (except coin-operated), ice manufacturing, engineering services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Citadel FCU's typical SBA loan terms?
Citadel FCU's SBA 7(a) loans typically feature an average interest rate of 8.75% and average term length of 180 months (approximately 15 years). Loan sizes range from $78K to $1.2M, with an average loan size of $584K.
Do I need a business valuation for a Citadel FCU SBA loan?
Yes, Citadel 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 Citadel FCU compare to other SBA lenders?
Citadel FCU has originated 3 SBA loans totaling $1.8M since 2026. 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 Citadel FCU lend in?
Citadel FCU provides SBA 7(a) financing with particularly strong presence in PA. 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.
Get your certified valuation from Fair Market Value.