Mountain America FCU
SBA 7(a) Lending Profile · FY 2023 analysis
Industry Focus
Top industries served by Mountain America FCU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 238990 | All Other Specialty Trade Contractors | 312 | $133.4M | $428K | 3.7% |
| 722511 | Full-Service Restaurants | 304 | $84.1M | $277K | 3.6% |
| 722513 | Limited-Service Restaurants | 264 | $69.6M | $263K | 3.1% |
| 811111 | General Automotive Repair | 216 | $54.9M | $254K | 2.5% |
| 441120 | Used Car Dealers | 200 | $92.3M | $462K | 2.3% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 160 | $45.7M | $286K | 1.9% |
| 238210 | Electrical Contractors | 160 | $65.9M | $412K | 1.9% |
| 713940 | Fitness and Recreational Sports Centers | 152 | $31.2M | $205K | 1.8% |
| 623312 | Homes for the Elderly | 152 | $153.0M | $1.0M | 1.8% |
| 541990 | All Other Professional, Scientific, and Technical Services | 152 | $61.5M | $404K | 1.8% |
Geographic Distribution
SBA lending activity for Mountain America FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Utah (UT) | 6,160 | $2.35B | 72.3% |
| Arizona (AZ) | 824 | $352.5M | 9.7% |
| Idaho (ID) | 944 | $314.1M | 11.1% |
| Nevada (NV) | 336 | $100.8M | 3.9% |
| Montana (MT) | 104 | $76.9M | 1.2% |
| Washington (WA) | 24 | $24.7M | 0.3% |
| Wyoming (WY) | 48 | $23.7M | 0.6% |
| Illinois (IL) | 8 | $14.7M | 0.1% |
| Colorado (CO) | 24 | $12.5M | 0.3% |
| Virginia (VA) | 16 | $3.1M | 0.2% |
| New Mexico (NM) | 16 | $1.9M | 0.2% |
| California (CA) | 8 | $200K | 0.1% |
| Georgia (GA) | 8 | $160K | 0.1% |
Why Choose Mountain America FCU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 8,520 SBA loans approved, totaling $3.27B in financing
- ✓Industry Expertise: Specialized focus on All Other Specialty Trade Contractors, Full-Service Restaurants, Limited-Service Restaurants
- ✓Competitive Terms: Average interest rate of 9.40% with flexible term lengths averaging 150 months
- ✓Loan Range: Loan sizes from $10K to $5.0M, with an average of $384K
- ✓Nationwide Reach: Active lending in 13 states, with strong presence in UT, ID, AZ
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 Mountain America FCU SBA lending
What types of businesses does Mountain America FCU typically finance?
Mountain America FCU specializes in SBA 7(a) lending to specific industries including all other specialty trade contractors, full-service restaurants, limited-service restaurants, general automotive repair. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Mountain America FCU's typical SBA loan terms?
Mountain America FCU's SBA 7(a) loans typically feature an average interest rate of 9.40% and average term length of 150 months (approximately 13 years). Loan sizes range from $10K to $5.0M, with an average loan size of $384K.
Do I need a business valuation for a Mountain America FCU SBA loan?
Yes, Mountain America 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 Mountain America FCU compare to other SBA lenders?
Mountain America FCU has originated 8,520 SBA loans totaling $3.27B 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 Mountain America FCU lend in?
Mountain America FCU provides SBA 7(a) financing with particularly strong presence in UT, ID, AZ, NV, MT. 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.
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Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
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