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The Lender Report built this page from public records. Lafcu Credit Union has not reviewed it. Every lender's page starts this way, and it says nothing about Lafcu Credit Union itself. Each figure shows its source and date. Work at Lafcu Credit Union? You can claim this page for free.
SBA 7(a) record
Lafcu Credit Union: SBA 7(a) loans made
Lafcu Credit Union, a credit union based in Lansing, MI, made 25 SBA 7(a) loans in the 36 months ending September 30, 2026, $17.1M in all, net of cancelled approvals. The typical loan was about $420K, and 8 were in the last 12 months. Most were in Michigan.
- Evidence
- SBA 7(a) loans in the 36 months ending September 30, 2026, SBA
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 9, 2026
- Loans, 36 months
- 25
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $17.1M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $420K
- SBA FOIA,
- Largest loan
- $3.7M
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 8
- SBA FOIA,
Cite this
Source: The Lender Report, Lafcu Credit Union: SBA 7(a) loans made, https://lender.report/lender/lafcu-credit-union-mi/sba-7a/, data as of September 30, 2026.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Aug 2026 | Michigan | SBA 7(a), Assisted Living Facilities for the Elderly | $390K | 8.25% | 25 yr | SBA FOIA | |
| Aug 2026 | Michigan | SBA 7(a), All Other Amusement and Recreation Industries | $220K | 8.25% | 25 yr | SBA FOIA | |
| Jun 2026 | Michigan | SBA 7(a), All Other Amusement and Recreation Industries | $200K | 9.25% | 10 yr | SBA FOIA | |
| May 2026 | Michigan | SBA 7(a), All Other Amusement and Recreation Industries | $640K | 9.25% | 10 yr | SBA FOIA | |
| Mar 2026 | Michigan | SBA 7(a), All Other Amusement and Recreation Industries | $810K | 8.25% | 25 yr | SBA FOIA | |
| Dec 2025 | Michigan | SBA 7(a), Sports and Recreation Instruction | $460K | 9.5% | 10 yr | SBA FOIA | |
| Dec 2025 | Michigan | SBA 7(a), Sports and Recreation Instruction | $450K | 9.5% | 10 yr | SBA FOIA | |
| Nov 2025 | Michigan | SBA 7(a), Promoters of Performing Arts, Sports, and Similar Events with Facilities | $2.6M | 9% | 25 yr | SBA FOIA | |
| Sep 2025 | Michigan | SBA 7(a), RV (Recreational Vehicle) Parks and Campgrounds | $1.1M | 10% | 25 yr | SBA FOIA | |
| Sep 2025 | Michigan | SBA 7(a), Manufacturing | $330K | 10% | 10 yr | SBA FOIA | |
| Jul 2025 | Michigan | SBA 7(a), Offices of Lawyers | $510K | 10% | 10 yr | SBA FOIA | |
| Jul 2025 | Michigan | SBA 7(a), General Freight Trucking, Long-Distance, Truckload | $330K | 10% | 10 yr | SBA FOIA | |
| Jun 2025 | Michigan | SBA 7(a), Home Health Care Services | $1.8M | 9% | 25 yr | SBA FOIA | |
| Jun 2025 | Michigan | SBA 7(a), All Other Amusement and Recreation Industries | $210K | 9% | 25 yr | SBA FOIA | |
| May 2025 | Michigan | SBA 7(a), All Other Outpatient Care Centers | $340K | 10% | 10 yr | SBA FOIA | |
| May 2025 | Michigan | SBA 7(a), All Other Specialty Trade Contractors | $230K | 10% | 10 yr | SBA FOIA | |
| Apr 2025 | Michigan | SBA 7(a), Manufacturing | $250K | 10% | 10 yr | SBA FOIA | |
| Apr 2025 | Michigan | SBA 7(a), Specialized Freight (except Used Goods) Trucking, Long-Distance | $75K | 10% | 10 yr | SBA FOIA | |
| Mar 2025 | Michigan | SBA 7(a), Administrative and Support and Waste Management and Remediation Services | $460K | 10% | 10 yr | SBA FOIA | |
| Feb 2025 | Michigan | SBA 7(a), Health Care and Social Assistance | $550K | 10% | 25 yr | SBA FOIA | |
| Jan 2025 | Michigan | SBA 7(a), Computer Systems Design Services | $300K | 10% | 10 yr | SBA FOIA | |
| Oct 2024 | Michigan | SBA 7(a), Automotive Parts and Accessories Retailers | $420K | 9.5% | 10 yr | SBA FOIA | |
| Sep 2024 | Michigan | SBA 7(a), Bowling Centers | $480K | 11% | 11 yr | SBA FOIA | |
| Aug 2024 | Michigan | SBA 7(a), General Automotive Repair | $3.7M | 11.25% | 15 yr | SBA FOIA | |
| Jun 2024 | Michigan | SBA 7(a), Specialized Freight (except Used Goods) Trucking, Long-Distance | $200K | 10.5% | 10 yr | SBA FOIA | |
| 25 SBA 7(a) loans since October 2023, net of cancelled | $17.1M | SBA FOIA | |||||
A blank means the source did not report it.
| State | Loans | Dollars |
|---|---|---|
| Michigan | 25 | $17.1M |
SBA loans are on record by state only.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $150K | 1 | $75.0K |
| $150K to $350K | 10 | $2.61M |
| $350K to $1M | 10 | $5.17M |
| $1M to $2.5M | 2 | $2.90M |
| $2.5M or more | 2 | $6.30M |
| Quarter | Loans | Dollars |
|---|---|---|
| 2024 Q2 | 1 | $200K |
| 2024 Q3 | 2 | $4.18M |
| 2024 Q4 | 1 | $420K |
| 2025 Q1 | 3 | $1.31M |
| 2025 Q2 | 6 | $2.90M |
| 2025 Q3 | 4 | $2.27M |
| 2025 Q4 | 3 | $3.51M |
| 2026 Q1 | 1 | $810K |
| 2026 Q2 | 2 | $840K |
| 2026 Q3 | 2 | $610K |
Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.
| Industry (NAICS) | Loans |
|---|---|
| All Other Amusement and Recreation Industries (713990) | 5 |
| Manufacturing | 2 |
| Specialized Freight (except Used Goods) Trucking, Long-Distance (484230) | 2 |
| Sports and Recreation Instruction (611620) | 2 |
| Administrative and Support and Waste Management and Remediation Services | 1 |
| All Other Outpatient Care Centers (621498) | 1 |
| All Other Specialty Trade Contractors (238990) | 1 |
| Assisted Living Facilities for the Elderly (623312) | 1 |
| Automotive Parts and Accessories Retailers (441330) | 1 |
| Bowling Centers (713950) | 1 |
| Computer Systems Design Services (541512) | 1 |
| General Automotive Repair (811111) | 1 |
A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.
| Processing method | Loans |
|---|---|
| 7a General | 25 |
- Lafcu Credit Union made 25 SBA 7(a) loans totaling $17.1M in the 36 months ending September 30, 2026, net of cancelled approvals, in 1 state. SBA FOIA,
- 8 of them were in the 12 months to September 30, 2026, and 14 in the 12 months before. SBA FOIA,
- The typical loan was about $420K, with the middle half between $250K and $550K. SBA FOIA,
- The largest was about $3.7M. Every amount is rounded to 2 significant figures. SBA FOIA,
- 1 loan was under $150K, and 4 were $1M or more. SBA FOIA,
- The SBA file shows a median initial rate of 10.00% on 25 loans, with the middle half between 9.25% and 10.00%. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Its loans went most often to All Other Amusement and Recreation Industries, with 5. SBA FOIA,
- The SBA file lists 25 of its loans as processed under 7a General. SBA FOIA,
- Its loans were most often in Michigan (25). SBA FOIA,
What we don't know
- Whether Lafcu Credit Union is taking new SBA 7(a) loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.
Loans are SBA approvals, net of cancelled approvals.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.