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Home → Maryland → Lafayette Federal Credit Union

Lafayette Federal Credit Union

Rockville, MD 20852

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

States Served

Maryland

Top Industries Financed

  • Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal

Quick Summary

Lafayette Federal Credit Union is an SBA-approved lender headquartered in Rockville, Maryland. Since 2020, they have approved 1 SBA 7(a) loans totaling $65K, with an average loan size of $65K. They primarily serve Maryland businesses.

About Lafayette Federal Credit Union

Lafayette Federal Credit Union is an SBA-approved lender headquartered in Rockville, Maryland. Since 2020, they have approved 1 SBA 7(a) loans totaling $65K, with an average loan size of $65K. They primarily serve businesses in Maryland.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Lafayette Federal Credit Union an SBA Preferred Lender?

Lafayette 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 Lafayette Federal Credit Union approved?

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

What states does Lafayette Federal Credit Union serve?

Lafayette Federal Credit Union primarily serves businesses in Maryland.

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

To apply for an SBA 7(a) loan with Lafayette 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