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Home Illinois IH Mississippi Valley Credit Union

IH Mississippi Valley Credit Union

MOLINE, IL 61265

⭐ SBA Preferred Lender
22
Loans Approved
$10.1M
Total Volume
$458K
Avg Loan Size
2
States Served

States Served

Top Industries Financed

  • Full-Service Restaurants
  • Wood Container and Pallet Manufacturing
  • Breweries
  • Pet Care (except Veterinary) Services
  • Other Building Material Dealers

Quick Summary

IH Mississippi Valley Credit Union is an SBA-approved lender headquartered in MOLINE, Illinois. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 22 SBA 7(a) loans totaling $10.1M, with an average loan size of $458K. They serve businesses across 2 states.

About IH Mississippi Valley Credit Union

IH Mississippi Valley Credit Union is an SBA-approved lender headquartered in MOLINE, Illinois. Since 2020, they have approved 22 SBA 7(a) loans totaling $10.1M, with an average loan size of $458K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 2 states.

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Frequently Asked Questions

Is IH Mississippi Valley Credit Union an SBA Preferred Lender?

Yes, IH Mississippi Valley Credit Union is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.

How many SBA loans has IH Mississippi Valley Credit Union approved?

According to SBA FOIA public records, IH Mississippi Valley Credit Union has approved 22 SBA 7(a) loans totaling $10.1M since 2020. Their average loan size is $458K.

What states does IH Mississippi Valley Credit Union serve?

IH Mississippi Valley Credit Union serves businesses in 2 states: Iowa, Illinois.

How do I apply for an SBA loan with IH Mississippi Valley Credit Union?

To apply for an SBA 7(a) loan with IH Mississippi Valley 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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