Holyoke CU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Holyoke CU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621610 | Home Health Care Services | 8 | $1.0M | $126K | 50.0% |
| 322220 | Paper Bag and Coated and Treated Paper Manufacturing | 8 | $4.0M | $500K | 50.0% |
Geographic Distribution
SBA lending activity for Holyoke CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Massachusetts (MA) | 16 | $5.0M | 100.0% |
Why Choose Holyoke CU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 16 SBA loans approved, totaling $5.0M in financing
- ✓Industry Expertise: Specialized focus on Home Health Care Services, Paper Bag and Coated and Treated Paper Manufacturing
- ✓Competitive Terms: Average interest rate of 10.00% with flexible term lengths averaging 120 months
- ✓Loan Range: Loan sizes from $126K to $500K, with an average of $313K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MA
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 Holyoke CU SBA lending
What types of businesses does Holyoke CU typically finance?
Holyoke CU specializes in SBA 7(a) lending to specific industries including home health care services, paper bag and coated and treated paper manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Holyoke CU's typical SBA loan terms?
Holyoke CU's SBA 7(a) loans typically feature an average interest rate of 10.00% and average term length of 120 months (approximately 10 years). Loan sizes range from $126K to $500K, with an average loan size of $313K.
Do I need a business valuation for a Holyoke CU SBA loan?
Yes, Holyoke 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 Holyoke CU compare to other SBA lenders?
Holyoke CU has originated 16 SBA loans totaling $5.0M 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 Holyoke CU lend in?
Holyoke CU provides SBA 7(a) financing with particularly strong presence in MA. 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.
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