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Credit union · Newburgh, IN

Heritage Federal Credit Union: SBA lending profile

SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026
82
SBA loans approved
$21.0M
Total approved
$150,000
Median loan
2
States lent in
49%
To startups
#411
National rank by loans

Heritage Federal Credit Union approved 82 SBA loans worth $21.0M between October 2021 and June 2026, ranking #411 of 2,283 SBA lenders nationally by loan count. Its median loan was $150,000, and 49% went to startups or businesses under two years old. It lent in 2 states, most often in Indiana, and its most financed industry was restaurants and hotels.

SBA loans per fiscal year

0132740FY14FY15FY16FY17FY18FY19: 1 loansFY19FY20: 5 loansFY20FY21: 3 loansFY21FY22: 7 loansFY22FY23: 11 loansFY23FY24: 34 loansFY2434FY25: 18 loansFY25FY26 (Oct to Jun): 12 loansFY2612
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where Heritage Federal Credit Union lends

StateLoansApprovedMedian loanRank in state
Indiana77$18.9M$143,400#23
Kentucky5$2.1M$270,000#57

Industries Heritage Federal Credit Union finances

IndustryLoansShareMedian loan
Restaurants and hotels12
15%
$177,700
Other services (repair, personal care)9
11%
$81,500
Health care and social assistance8
10%
$149,900
Retail8
10%
$62,350
Administrative and support services8
10%
$121,700
Construction8
10%
$160,000
Manufacturing7
9%
$153,000
Real estate and rental6
7%
$39,600
Professional and technical services6
7%
$482,000
Arts, entertainment and recreation4
5%
$280,000
Loan size mix
  • Under $150,00049%
  • $150,000 to $500,00040%
  • $500,000 to $2 million10%
  • $2 million and up1%
Loan programs used
  • Standard 7(a)71%
  • SBA Express29%
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.