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Michigan State University Federal Credit Union

EAST LANSING, MI 48823

23
Loans Approved
$5.5M
Total Volume
$241K
Avg Loan Size
1
States Served

States Served

Michigan

Top Industries Financed

  • Amusement Arcades
  • Full-Service Restaurants
  • Janitorial Services
  • Other Building Finishing Contractors
  • Drinking Places (Alcoholic Beverages)

Quick Summary

Michigan State University Federal Credit Union is an SBA-approved lender headquartered in EAST LANSING, Michigan. Since 2020, they have approved 23 SBA 7(a) loans totaling $5.5M, with an average loan size of $241K. They primarily serve Michigan businesses.

About Michigan State University Federal Credit Union

Michigan State University Federal Credit Union is an SBA-approved lender headquartered in EAST LANSING, Michigan. Since 2020, they have approved 23 SBA 7(a) loans totaling $5.5M, with an average loan size of $241K. They primarily serve businesses in Michigan.

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Frequently Asked Questions

Is Michigan State University Federal Credit Union an SBA Preferred Lender?

Michigan State University 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 Michigan State University Federal Credit Union approved?

According to SBA FOIA public records, Michigan State University Federal Credit Union has approved 23 SBA 7(a) loans totaling $5.5M since 2020. Their average loan size is $241K.

What states does Michigan State University Federal Credit Union serve?

Michigan State University Federal Credit Union primarily serves businesses in Michigan.

How do I apply for an SBA loan with Michigan State University Federal Credit Union?

To apply for an SBA 7(a) loan with Michigan State University 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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