PFCU
SBA 7(a) Lending Profile · FY 2023 analysis
Industry Focus
Top industries served by PFCU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 713940 | Fitness and Recreational Sports Centers | 16 | $5.5M | $342K | 25.0% |
| 488999 | All Other Support Activities for Transportation | 8 | $800K | $100K | 12.5% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 8 | $431K | $54K | 12.5% |
| 812112 | Beauty Salons | 8 | $576K | $72K | 12.5% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 8 | $2.0M | $248K | 12.5% |
| 811192 | Car Washes | 8 | $2.2M | $279K | 12.5% |
| 455219 | Other | 8 | $720K | $90K | 12.5% |
Geographic Distribution
SBA lending activity for PFCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Michigan (MI) | 64 | $12.2M | 100.0% |
Why Choose PFCU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 64 SBA loans approved, totaling $12.2M in financing
- ✓Industry Expertise: Specialized focus on Fitness and Recreational Sports Centers, All Other Support Activities for Transportation, Automotive Body, Paint, and Interior Repair and Maintenance
- ✓Competitive Terms: Average interest rate of 8.49% with flexible term lengths averaging 192 months
- ✓Loan Range: Loan sizes from $54K to $500K, with an average of $191K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MI
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 PFCU SBA lending
What types of businesses does PFCU typically finance?
PFCU specializes in SBA 7(a) lending to specific industries including fitness and recreational sports centers, all other support activities for transportation, automotive body, paint, and interior repair and maintenance, beauty salons. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are PFCU's typical SBA loan terms?
PFCU's SBA 7(a) loans typically feature an average interest rate of 8.49% and average term length of 192 months (approximately 16 years). Loan sizes range from $54K to $500K, with an average loan size of $191K.
Do I need a business valuation for a PFCU SBA loan?
Yes, PFCU 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 PFCU compare to other SBA lenders?
PFCU has originated 64 SBA loans totaling $12.2M 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 PFCU lend in?
PFCU provides SBA 7(a) financing with particularly strong presence in MI. 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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