Mid-Atlantic FCU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Mid-Atlantic FCU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621610 | Home Health Care Services | 16 | $2.7M | $171K | 66.7% |
| 812910 | Pet Care (except Veterinary) Services | 8 | $6.8M | $855K | 33.3% |
Geographic Distribution
SBA lending activity for Mid-Atlantic FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Maryland (MD) | 24 | $9.6M | 100.0% |
Why Choose Mid-Atlantic FCU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 24 SBA loans approved, totaling $9.6M in financing
- ✓Industry Expertise: Specialized focus on Home Health Care Services, Pet Care (except Veterinary) Services
- ✓Competitive Terms: Average interest rate of 6.50% with flexible term lengths averaging 170 months
- ✓Loan Range: Loan sizes from $50K to $855K, with an average of $399K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MD
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 Mid-Atlantic FCU SBA lending
What types of businesses does Mid-Atlantic FCU typically finance?
Mid-Atlantic FCU specializes in SBA 7(a) lending to specific industries including home health care services, pet care (except veterinary) services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Mid-Atlantic FCU's typical SBA loan terms?
Mid-Atlantic FCU's SBA 7(a) loans typically feature an average interest rate of 6.50% and average term length of 170 months (approximately 14 years). Loan sizes range from $50K to $855K, with an average loan size of $399K.
Do I need a business valuation for a Mid-Atlantic FCU SBA loan?
Yes, Mid-Atlantic 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 Mid-Atlantic FCU compare to other SBA lenders?
Mid-Atlantic FCU has originated 24 SBA loans totaling $9.6M 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 Mid-Atlantic FCU lend in?
Mid-Atlantic FCU provides SBA 7(a) financing with particularly strong presence in MD. 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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