Highmark FCU
SBA 7(a) Lending Profile · FY 2025 analysis
Industry Focus
Top industries served by Highmark FCU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 32 | $2.2M | $69K | 8.7% |
| 561520 | Tour Operators | 32 | $1.5M | $46K | 8.7% |
| 238910 | Site Preparation Contractors | 16 | $682K | $43K | 4.3% |
| 812112 | Beauty Salons | 16 | $648K | $41K | 4.3% |
| 312120 | Breweries | 16 | $1.6M | $100K | 4.3% |
| 444220 | Nursery and Garden Centers | 16 | $2.0M | $125K | 4.3% |
| 321918 | Other Millwork (including Flooring) | 16 | $1.0M | $65K | 4.3% |
| 238210 | Electrical Contractors | 16 | $3.8M | $240K | 4.3% |
| 456199 | Other | 16 | $1.1M | $68K | 4.3% |
| 213112 | Support Activities for Oil and Gas Operations | 16 | $1.4M | $88K | 4.3% |
Geographic Distribution
SBA lending activity for Highmark FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| South Dakota (SD) | 320 | $36.9M | 87.0% |
| Wyoming (WY) | 48 | $12.4M | 13.0% |
Why Choose Highmark FCU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 368 SBA loans approved, totaling $49.3M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Tour Operators, Site Preparation Contractors
- ✓Competitive Terms: Average interest rate of 5.82% with flexible term lengths averaging 107 months
- ✓Loan Range: Loan sizes from $20K to $862K, with an average of $134K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in SD, WY
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 Highmark FCU SBA lending
What types of businesses does Highmark FCU typically finance?
Highmark FCU specializes in SBA 7(a) lending to specific industries including full-service restaurants, tour operators, site preparation contractors, beauty salons. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Highmark FCU's typical SBA loan terms?
Highmark FCU's SBA 7(a) loans typically feature an average interest rate of 5.82% and average term length of 107 months (approximately 9 years). Loan sizes range from $20K to $862K, with an average loan size of $134K.
Do I need a business valuation for a Highmark FCU SBA loan?
Yes, Highmark 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 Highmark FCU compare to other SBA lenders?
Highmark FCU has originated 368 SBA loans totaling $49.3M since 2020. 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 Highmark FCU lend in?
Highmark FCU provides SBA 7(a) financing with particularly strong presence in SD, WY. 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?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.