DuTrac Community Credit Union
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by DuTrac Community Credit Union · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621310 | Offices of Chiropractors | 4 | $284K | $71K | 11.1% |
| 561730 | Landscaping Services | 3 | $65K | $22K | 8.3% |
| 541490 | Other Specialized Design Services | 3 | $173K | $58K | 8.3% |
| 238990 | All Other Specialty Trade Contractors | 3 | $104K | $35K | 8.3% |
| 115210 | Support Activities for Animal Production | 3 | $449K | $150K | 8.3% |
| 327991 | Cut Stone and Stone Product Manufacturing | 2 | $88K | $44K | 5.6% |
| 722410 | Drinking Places (Alcoholic Beverages) | 1 | $102K | $102K | 2.8% |
| 541350 | Building Inspection Services | 1 | $35K | $35K | 2.8% |
| 541990 | All Other Professional, Scientific, and Technical Services | 1 | $150K | $150K | 2.8% |
| 812990 | All Other Personal Services | 1 | $103K | $103K | 2.8% |
Geographic Distribution
SBA lending activity for DuTrac Community Credit Union by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Iowa (IA) | 32 | $2.4M | 88.9% |
| Illinois (IL) | 2 | $140K | 5.6% |
| Wisconsin (WI) | 2 | $135K | 5.6% |
Why Choose DuTrac Community Credit Union?
Based on SBA 7(a) lending track record from 2003-2013
- ✓Proven Track Record: 36 SBA loans approved, totaling $2.7M in financing
- ✓Industry Expertise: Specialized focus on Offices of Chiropractors, Landscaping Services, Other Specialized Design Services
- ✓Competitive Terms: Average interest rate of 6.99% with flexible term lengths averaging 78 months
- ✓Loan Range: Loan sizes from $10K to $300K, with an average of $75K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in IA, IL, WI
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 DuTrac Community Credit Union SBA lending
What types of businesses does DuTrac Community Credit Union typically finance?
DuTrac Community Credit Union specializes in SBA 7(a) lending to specific industries including offices of chiropractors, landscaping services, other specialized design services, all other specialty trade contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are DuTrac Community Credit Union's typical SBA loan terms?
DuTrac Community Credit Union's SBA 7(a) loans typically feature an average interest rate of 6.99% and average term length of 78 months (approximately 7 years). Loan sizes range from $10K to $300K, with an average loan size of $75K.
Do I need a business valuation for a DuTrac Community Credit Union SBA loan?
Yes, DuTrac Community 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 DuTrac Community Credit Union compare to other SBA lenders?
DuTrac Community Credit Union has originated 36 SBA loans totaling $2.7M since 2003. 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 DuTrac Community Credit Union lend in?
DuTrac Community Credit Union provides SBA 7(a) financing with particularly strong presence in IA, IL, WI. 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.