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Purdue Federal Credit Union

WEST LAFAYETTE, IN 47906

2
Loans Approved
$304K
Total Volume
$152K
Avg Loan Size
1
States Served

States Served

Indiana

Top Industries Financed

  • Civic and Social Organizations
  • Full-Service Restaurants

Quick Summary

Purdue Federal Credit Union is an SBA-approved lender headquartered in WEST LAFAYETTE, Indiana. Since 2020, they have approved 2 SBA 7(a) loans totaling $304K, with an average loan size of $152K. They primarily serve Indiana businesses.

About Purdue Federal Credit Union

Purdue Federal Credit Union is an SBA-approved lender headquartered in WEST LAFAYETTE, Indiana. Since 2020, they have approved 2 SBA 7(a) loans totaling $304K, with an average loan size of $152K. They primarily serve businesses in Indiana.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Purdue Federal Credit Union an SBA Preferred Lender?

Purdue 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 Purdue Federal Credit Union approved?

According to SBA FOIA public records, Purdue Federal Credit Union has approved 2 SBA 7(a) loans totaling $304K since 2020. Their average loan size is $152K.

What states does Purdue Federal Credit Union serve?

Purdue Federal Credit Union primarily serves businesses in Indiana.

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

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