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Discovery Federal Credit Union

WYOMISSING, PA 19610

1
Loans Approved
$472K
Total Volume
$472K
Avg Loan Size
1
States Served

States Served

Pennsylvania

Top Industries Financed

  • Fine Arts Schools

Quick Summary

Discovery Federal Credit Union is an SBA-approved lender headquartered in WYOMISSING, Pennsylvania. Since 2020, they have approved 1 SBA 7(a) loans totaling $472K, with an average loan size of $472K. They primarily serve Pennsylvania businesses.

About Discovery Federal Credit Union

Discovery Federal Credit Union is an SBA-approved lender headquartered in WYOMISSING, Pennsylvania. Since 2020, they have approved 1 SBA 7(a) loans totaling $472K, with an average loan size of $472K. They primarily serve businesses in Pennsylvania.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Discovery Federal Credit Union an SBA Preferred Lender?

Discovery Federal Credit Union is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has Discovery Federal Credit Union approved?

According to SBA FOIA public records, Discovery Federal Credit Union has approved 1 SBA 7(a) loans totaling $472K since 2020. Their average loan size is $472K.

What states does Discovery Federal Credit Union serve?

Discovery Federal Credit Union primarily serves businesses in Pennsylvania.

How do I apply for an SBA loan with Discovery Federal Credit Union?

To apply for an SBA 7(a) loan with Discovery Federal Credit Union, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days