Michigan State University Federal Credit Union approved 15 SBA loans worth $3.7M between October 2021 and June 2026, ranking #1013 of 2,283 SBA lenders nationally by loan count. Its median loan was $225,000, and 47% went to startups or businesses under two years old. It lent in 1 states, most often in Michigan, and its most financed industry was retail.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Michigan | 15 | $3.7M | $225,000 | #68 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Retail | 6 | $229,650 | |
| Manufacturing | 2 | $160,000 | |
| Construction | 2 | $193,000 | |
| Restaurants and hotels | 2 | $288,500 | |
| Administrative and support services | 1 | $312,000 | |
| Arts, entertainment and recreation | 1 | $493,000 | |
| Professional and technical services | 1 | $202,500 |