Fairwinds CU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Fairwinds CU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 238990 | All Other Specialty Trade Contractors | 3 | $1.4M | $457K | 5.3% |
| 541511 | Custom Computer Programming Services | 3 | $1.8M | $590K | 5.3% |
| 812112 | Beauty Salons | 2 | $380K | $190K | 3.5% |
| 811490 | Other Personal and Household Goods Repair and Maintenance | 2 | $460K | $230K | 3.5% |
| 236118 | Residential Remodelers | 2 | $171K | $86K | 3.5% |
| 236220 | Commercial and Institutional Building Construction | 2 | $930K | $465K | 3.5% |
| 236115 | New Single-Family Housing Construction (except For-Sale Builders) | 2 | $1.6M | $815K | 3.5% |
| 721110 | Hotels (except Casino Hotels) and Motels | 1 | $852K | $852K | 1.8% |
| 812990 | All Other Personal Services | 1 | $80K | $80K | 1.8% |
| 423830 | Industrial Machinery and Equipment Merchant Wholesalers | 1 | $345K | $345K | 1.8% |
Geographic Distribution
SBA lending activity for Fairwinds CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Florida (FL) | 57 | $14.4M | 100.0% |
Why Choose Fairwinds CU?
Based on SBA 7(a) lending track record from 2004-2021
- ✓Proven Track Record: 57 SBA loans approved, totaling $14.4M in financing
- ✓Industry Expertise: Specialized focus on All Other Specialty Trade Contractors, Custom Computer Programming Services, Beauty Salons
- ✓Competitive Terms: Average interest rate of 6.01% with flexible term lengths averaging 111 months
- ✓Loan Range: Loan sizes from $20K to $1.5M, with an average of $252K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in FL
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 Fairwinds CU SBA lending
What types of businesses does Fairwinds CU typically finance?
Fairwinds CU specializes in SBA 7(a) lending to specific industries including all other specialty trade contractors, custom computer programming services, beauty salons, other personal and household goods repair and maintenance. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Fairwinds CU's typical SBA loan terms?
Fairwinds CU's SBA 7(a) loans typically feature an average interest rate of 6.01% and average term length of 111 months (approximately 9 years). Loan sizes range from $20K to $1.5M, with an average loan size of $252K.
Do I need a business valuation for a Fairwinds CU SBA loan?
Yes, Fairwinds CU 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 Fairwinds CU compare to other SBA lenders?
Fairwinds CU has originated 57 SBA loans totaling $14.4M 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 Fairwinds CU lend in?
Fairwinds CU provides SBA 7(a) financing with particularly strong presence in FL. 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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