States Served
Top Industries Financed
- Beauty Salons
- Snack and Nonalcoholic Beverage Bars
- Full-Service Restaurants
- Supermarkets and Other Grocery (except Convenience) Stores
- Automotive Body, Paint, and Interior Repair and Maintenance
Quick Summary
St Cloud Financial Credit Union is an SBA-approved lender headquartered in Sartell, Minnesota. Since 2020, they have approved 17 SBA 7(a) loans totaling $9.3M, with an average loan size of $550K. They primarily serve Minnesota businesses.
About St Cloud Financial Credit Union
St Cloud Financial Credit Union is an SBA-approved lender headquartered in Sartell, Minnesota. Since 2020, they have approved 17 SBA 7(a) loans totaling $9.3M, with an average loan size of $550K. They primarily serve businesses in Minnesota.
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Frequently Asked Questions
Is St Cloud Financial Credit Union an SBA Preferred Lender?
St Cloud Financial 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 St Cloud Financial Credit Union approved?
According to SBA FOIA public records, St Cloud Financial Credit Union has approved 17 SBA 7(a) loans totaling $9.3M since 2020. Their average loan size is $550K.
What states does St Cloud Financial Credit Union serve?
St Cloud Financial Credit Union primarily serves businesses in Minnesota.
How do I apply for an SBA loan with St Cloud Financial Credit Union?
To apply for an SBA 7(a) loan with St Cloud Financial 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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