State Empl CU
SANTA FE, NM 87505
States Served
Top Industries Financed
- Full-Service Restaurants
- Other Personal Care Services
- Baked Goods Stores
- Offices of Optometrists
- Hardware Stores
Quick Summary
State Empl CU is an SBA-approved lender headquartered in SANTA FE, New Mexico. Since 2020, they have approved 9 SBA 7(a) loans totaling $14.3M, with an average loan size of $1.6M. They primarily serve New Mexico businesses.
About State Empl CU
State Empl CU is an SBA-approved lender headquartered in SANTA FE, New Mexico. Since 2020, they have approved 9 SBA 7(a) loans totaling $14.3M, with an average loan size of $1.6M. They primarily serve businesses in New Mexico.
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Frequently Asked Questions
Is State Empl CU an SBA Preferred Lender?
State Empl CU 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 State Empl CU approved?
According to SBA FOIA public records, State Empl CU has approved 9 SBA 7(a) loans totaling $14.3M since 2020. Their average loan size is $1.6M.
What states does State Empl CU serve?
State Empl CU primarily serves businesses in New Mexico.
How do I apply for an SBA loan with State Empl CU?
To apply for an SBA 7(a) loan with State Empl CU, 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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