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Pentagon FCU

SBA 7(a) Lending Profile · All Time analysis

Loans: 94Volume: $26.7MAvg Loan: $284KAvg Rate: 6.03%Avg Term: 130 monthsJobs: 420

Geographic Distribution

SBA lending activity for Pentagon FCU by state

StateLoansVolumeShare
New York (NY)69$21.6M73.4%
Pennsylvania (PA)5$2.2M5.3%
Massachusetts (MA)9$1.1M9.6%
Connecticut (CT)5$690K5.3%
New Jersey (NJ)5$590K5.3%
Florida (FL)1$500K1.1%
Loan Volume
$500K
$21.6M

Why Choose Pentagon FCU?

Based on SBA 7(a) lending track record from 1995-2015

  • Proven Track Record: 94 SBA loans approved, totaling $26.7M in financing
  • Industry Expertise: Specialized focus on General Automotive Repair, Taxi and Ridesharing Services, Coin-Operated Laundries and Drycleaners
  • Competitive Terms: Average interest rate of 6.03% with flexible term lengths averaging 130 months
  • Loan Range: Loan sizes from $10K to $1.5M, with an average of $284K
  • Nationwide Reach: Active lending in 6 states, with strong presence in NY, MA, PA

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 Pentagon FCU SBA lending

What types of businesses does Pentagon FCU typically finance?

Pentagon FCU specializes in SBA 7(a) lending to specific industries including general automotive repair, taxi and ridesharing services, coin-operated laundries and drycleaners, beauty salons. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.

What are Pentagon FCU's typical SBA loan terms?

Pentagon FCU's SBA 7(a) loans typically feature an average interest rate of 6.03% and average term length of 130 months (approximately 11 years). Loan sizes range from $10K to $1.5M, with an average loan size of $284K.

Do I need a business valuation for a Pentagon FCU SBA loan?

Yes, Pentagon 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 Pentagon FCU compare to other SBA lenders?

Pentagon FCU has originated 94 SBA loans totaling $26.7M since 1995. 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 Pentagon FCU lend in?

Pentagon FCU provides SBA 7(a) financing with particularly strong presence in NY, MA, PA, NJ, CT. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.

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