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Levo Federal Credit Union

Sioux Falls, SD 57103

26
Loans Approved
$1.4M
Total Volume
$55K
Avg Loan Size
3
States Served

States Served

IowaNorth DakotaSouth Dakota

Top Industries Financed

  • General Freight Trucking, Local
  • Food Service Contractors
  • Plumbing, Heating, and Air-Conditioning Contractors
  • Painting and Wall Covering Contractors
  • Display Advertising

Quick Summary

Levo Federal Credit Union is an SBA-approved lender headquartered in Sioux Falls, South Dakota. Since 2020, they have approved 26 SBA 7(a) loans totaling $1.4M, with an average loan size of $55K. They serve businesses across 3 states.

About Levo Federal Credit Union

Levo Federal Credit Union is an SBA-approved lender headquartered in Sioux Falls, South Dakota. Since 2020, they have approved 26 SBA 7(a) loans totaling $1.4M, with an average loan size of $55K. They serve businesses across 3 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Levo Federal Credit Union an SBA Preferred Lender?

Levo 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 Levo Federal Credit Union approved?

According to SBA FOIA public records, Levo Federal Credit Union has approved 26 SBA 7(a) loans totaling $1.4M since 2020. Their average loan size is $55K.

What states does Levo Federal Credit Union serve?

Levo Federal Credit Union serves businesses in 3 states: Iowa, North Dakota, South Dakota.

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

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