St. Jean's CU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by St. Jean's CU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561740 | Carpet and Upholstery Cleaning Services | 1 | $120K | $120K | 33.3% |
| 812199 | Other Personal Care Services | 1 | $60K | $60K | 33.3% |
Geographic Distribution
SBA lending activity for St. Jean's CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Massachusetts (MA) | 3 | $560K | 100.0% |
Why Choose St. Jean's CU?
Based on SBA 7(a) lending track record from 2015-2016
- ✓Proven Track Record: 3 SBA loans approved, totaling $560K in financing
- ✓Industry Expertise: Specialized focus on Carpet and Upholstery Cleaning Services, Other Personal Care Services
- ✓Competitive Terms: Average interest rate of 5.75% with flexible term lengths averaging 156 months
- ✓Loan Range: Loan sizes from $60K to $380K, with an average of $187K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MA
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 St. Jean's CU SBA lending
What types of businesses does St. Jean's CU typically finance?
St. Jean's CU specializes in SBA 7(a) lending to specific industries including carpet and upholstery cleaning services, other personal care services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are St. Jean's CU's typical SBA loan terms?
St. Jean's CU's SBA 7(a) loans typically feature an average interest rate of 5.75% and average term length of 156 months (approximately 13 years). Loan sizes range from $60K to $380K, with an average loan size of $187K.
Do I need a business valuation for a St. Jean's CU SBA loan?
Yes, St. Jean's 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 St. Jean's CU compare to other SBA lenders?
St. Jean's CU has originated 3 SBA loans totaling $560K since 2015. 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 St. Jean's CU lend in?
St. Jean's CU provides SBA 7(a) financing with particularly strong presence in MA. 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.
Get your certified valuation from Fair Market Value.