Sno Falls CU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Sno Falls CU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 623312 | Assisted Living Facilities for the Elderly | 1 | $1.2M | $1.2M | 25.0% |
| 323111 | Commercial Printing (except Screen and Books) | 1 | $262K | $262K | 25.0% |
| 336611 | Ship Building and Repairing | 1 | $63K | $63K | 25.0% |
| 811111 | General Automotive Repair | 1 | $2.3M | $2.3M | 25.0% |
Geographic Distribution
SBA lending activity for Sno Falls CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Washington (WA) | 4 | $3.8M | 100.0% |
Why Choose Sno Falls CU?
Based on SBA 7(a) lending track record from 2021-2024
- ✓Proven Track Record: 4 SBA loans approved, totaling $3.8M in financing
- ✓Industry Expertise: Specialized focus on Assisted Living Facilities for the Elderly, Commercial Printing (except Screen and Books), Ship Building and Repairing
- ✓Competitive Terms: Average interest rate of 8.06% with flexible term lengths averaging 186 months
- ✓Loan Range: Loan sizes from $63K to $2.3M, with an average of $950K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in WA
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 Sno Falls CU SBA lending
What types of businesses does Sno Falls CU typically finance?
Sno Falls CU specializes in SBA 7(a) lending to specific industries including assisted living facilities for the elderly, commercial printing (except screen and books), ship building and repairing, general automotive repair. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Sno Falls CU's typical SBA loan terms?
Sno Falls CU's SBA 7(a) loans typically feature an average interest rate of 8.06% and average term length of 186 months (approximately 16 years). Loan sizes range from $63K to $2.3M, with an average loan size of $950K.
Do I need a business valuation for a Sno Falls CU SBA loan?
Yes, Sno Falls 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 Sno Falls CU compare to other SBA lenders?
Sno Falls CU has originated 4 SBA loans totaling $3.8M since 2021. 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 Sno Falls CU lend in?
Sno Falls CU provides SBA 7(a) financing with particularly strong presence in WA. 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?
Certified valuations are often required for SBA loans over $250,000.
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