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Whatcom Educational CU

BELLINGHAM, WA 98225

13
Loans Approved
$2.6M
Total Volume
$202K
Avg Loan Size
1
States Served

States Served

Washington

Top Industries Financed

  • Ship Building and Repairing
  • Supermarkets and Other Grocery (except Convenience) Stores
  • Beauty Salons
  • Plumbing, Heating, and Air-Conditioning Contractors
  • Janitorial Services

Quick Summary

Whatcom Educational CU is an SBA-approved lender headquartered in BELLINGHAM, Washington. Since 2020, they have approved 13 SBA 7(a) loans totaling $2.6M, with an average loan size of $202K. They primarily serve Washington businesses.

About Whatcom Educational CU

Whatcom Educational CU is an SBA-approved lender headquartered in BELLINGHAM, Washington. Since 2020, they have approved 13 SBA 7(a) loans totaling $2.6M, with an average loan size of $202K. They primarily serve businesses in Washington.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Whatcom Educational CU an SBA Preferred Lender?

Whatcom Educational 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 Whatcom Educational CU approved?

According to SBA FOIA public records, Whatcom Educational CU has approved 13 SBA 7(a) loans totaling $2.6M since 2020. Their average loan size is $202K.

What states does Whatcom Educational CU serve?

Whatcom Educational CU primarily serves businesses in Washington.

How do I apply for an SBA loan with Whatcom Educational CU?

To apply for an SBA 7(a) loan with Whatcom Educational 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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