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Home Minnesota Ideal CU

Ideal CU

WOODBURY, MN 55125

1
Loans Approved
$65K
Total Volume
$65K
Avg Loan Size
1
States Served

States Served

Top Industries Financed

  • Diet and Weight Reducing Centers

Quick Summary

Ideal CU is an SBA-approved lender headquartered in WOODBURY, Minnesota. Since 2020, they have approved 1 SBA 7(a) loans totaling $65K, with an average loan size of $65K. They primarily serve Minnesota businesses.

About Ideal CU

Ideal CU is an SBA-approved lender headquartered in WOODBURY, Minnesota. Since 2020, they have approved 1 SBA 7(a) loans totaling $65K, with an average loan size of $65K. They primarily serve businesses in Minnesota.

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Frequently Asked Questions

Is Ideal CU an SBA Preferred Lender?

Ideal CU 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 Ideal CU approved?

According to SBA FOIA public records, Ideal CU has approved 1 SBA 7(a) loans totaling $65K since 2020. Their average loan size is $65K.

What states does Ideal CU serve?

Ideal CU primarily serves businesses in Minnesota.

How do I apply for an SBA loan with Ideal CU?

To apply for an SBA 7(a) loan with Ideal CU, 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