States Served
Top Industries Financed
- Specialized Freight (except Used Goods) Trucking, Long-Distance
- Sports and Recreation Instruction
- General Automotive Repair
- Home Health Care Services
- Computer Systems Design Services
Quick Summary
LAF CU is an SBA-approved lender headquartered in LANSING, Michigan. Since 2020, they have approved 20 SBA 7(a) loans totaling $14.7M, with an average loan size of $733K. They primarily serve Michigan businesses.
About LAF CU
LAF CU is an SBA-approved lender headquartered in LANSING, Michigan. Since 2020, they have approved 20 SBA 7(a) loans totaling $14.7M, with an average loan size of $733K. They primarily serve businesses in Michigan.
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Frequently Asked Questions
Is LAF CU an SBA Preferred Lender?
LAF 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 LAF CU approved?
According to SBA FOIA public records, LAF CU has approved 20 SBA 7(a) loans totaling $14.7M since 2020. Their average loan size is $733K.
What states does LAF CU serve?
LAF CU primarily serves businesses in Michigan.
How do I apply for an SBA loan with LAF CU?
To apply for an SBA 7(a) loan with LAF 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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