IH Mississippi Valley Credit Union
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by IH Mississippi Valley Credit Union
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 40 | $19.4M | $484K | 22.7% |
| 321920 | Wood Container and Pallet Manufacturing | 24 | $20.0M | $832K | 13.6% |
| 444190 | Other Building Material Dealers | 16 | $11.8M | $738K | 9.1% |
| 812910 | Pet Care (except Veterinary) Services | 16 | $5.3M | $334K | 9.1% |
| 312120 | Breweries | 16 | $4.4M | $275K | 9.1% |
| 624410 | Child Day Care Services | 8 | $240K | $30K | 4.5% |
| 561311 | Employment Placement Agencies | 8 | $1.6M | $200K | 4.5% |
| 236118 | Residential Remodelers | 8 | $3.6M | $450K | 4.5% |
| 325611 | Soap and Other Detergent Manufacturing | 8 | $7.5M | $935K | 4.5% |
| 446191 | Food (Health) Supplement Stores | 8 | $800K | $100K | 4.5% |
Geographic Distribution
SBA lending activity for IH Mississippi Valley Credit Union by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Iowa (IA) | 112 | $49.3M | 63.6% |
| Illinois (IL) | 64 | $31.4M | 36.4% |
Why Choose IH Mississippi Valley Credit Union?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 176 SBA loans approved, totaling $80.7M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Wood Container and Pallet Manufacturing, Other Building Material Dealers
- ✓Competitive Terms: Average interest rate of 5.24% with flexible term lengths averaging 114 months
- ✓Loan Range: Loan sizes from $30K to $1.9M, with an average of $458K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in IA, IL
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 IH Mississippi Valley Credit Union SBA lending
What types of businesses does IH Mississippi Valley Credit Union typically finance?
IH Mississippi Valley Credit Union specializes in SBA 7(a) lending to specific industries including full-service restaurants, wood container and pallet manufacturing, other building material dealers, pet care (except veterinary) services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are IH Mississippi Valley Credit Union's typical SBA loan terms?
IH Mississippi Valley Credit Union's SBA 7(a) loans typically feature an average interest rate of 5.24% and average term length of 114 months (approximately 10 years). Loan sizes range from $30K to $1.9M, with an average loan size of $458K.
Do I need a business valuation for a IH Mississippi Valley Credit Union SBA loan?
Yes, IH Mississippi Valley 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 IH Mississippi Valley Credit Union compare to other SBA lenders?
IH Mississippi Valley Credit Union has originated 176 SBA loans totaling $80.7M 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 IH Mississippi Valley Credit Union lend in?
IH Mississippi Valley Credit Union provides SBA 7(a) financing with particularly strong presence in IA, IL. 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.