Prospera CU
SBA 7(a) Lending Profile · FY 2023 analysis
Industry Focus
Top industries served by Prospera CU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 713940 | Fitness and Recreational Sports Centers | 8 | $1.8M | $222K | 12.5% |
| 311811 | Retail Bakeries | 8 | $2.5M | $313K | 12.5% |
| 621340 | Offices of Physical, Occupational and Speech Therapists, and Audiologi | 8 | $2.7M | $332K | 12.5% |
| 424420 | Packaged Frozen Food Merchant Wholesalers | 8 | $800K | $100K | 12.5% |
| 624410 | Child Day Care Services | 8 | $898K | $112K | 12.5% |
| 451110 | Sporting Goods Stores | 8 | $1.2M | $153K | 12.5% |
| 713990 | All Other Amusement and Recreation Industries | 8 | $6.4M | $799K | 12.5% |
| 484110 | General Freight Trucking, Local | 8 | $3.3M | $414K | 12.5% |
Geographic Distribution
SBA lending activity for Prospera CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wisconsin (WI) | 64 | $19.6M | 100.0% |
Why Choose Prospera CU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 64 SBA loans approved, totaling $19.6M in financing
- ✓Industry Expertise: Specialized focus on Fitness and Recreational Sports Centers, Retail Bakeries, Offices of Physical, Occupational and Speech Therapists, and Audiologi
- ✓Competitive Terms: Average interest rate of 5.15% with flexible term lengths averaging 221 months
- ✓Loan Range: Loan sizes from $100K to $799K, with an average of $306K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in WI
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 Prospera CU SBA lending
What types of businesses does Prospera CU typically finance?
Prospera CU specializes in SBA 7(a) lending to specific industries including fitness and recreational sports centers, retail bakeries, offices of physical, occupational and speech therapists, and audiologi, packaged frozen food merchant wholesalers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Prospera CU's typical SBA loan terms?
Prospera CU's SBA 7(a) loans typically feature an average interest rate of 5.15% and average term length of 221 months (approximately 18 years). Loan sizes range from $100K to $799K, with an average loan size of $306K.
Do I need a business valuation for a Prospera CU SBA loan?
Yes, Prospera CU 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 Prospera CU compare to other SBA lenders?
Prospera CU has originated 64 SBA loans totaling $19.6M 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 Prospera CU lend in?
Prospera CU provides SBA 7(a) financing with particularly strong presence in WI. 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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