Which credit union has the most SBA loans outstanding?

 
 

Credit unions had 8,142 small business administration (SBA) loans in the fourth quarter with outstanding balances of over $920 million. Mountain America ($3.4B, West Jordan, UT) had over 22% of all outstanding business loans, with 1,820 loans outstanding totaling $123.1 million. SBA loans provide a number of financial assistance programs to small businesses, and can help businesses meet key financing needs such as debt financing and finding venture capital.

Over 340 credit unions had at least one SBA loan on their books in the fourth quarter of 2012, up from 185 in 2007.

LEADERS IN SMALL BUSINESS ADMINISTRATION LOANS OUTSTANDING
DATA AS OF DECEMBER 31, 2012
© Callahan & Associates, Inc.

  Credit Union State $ of SBA Loans Outstanding $ of MBLs Outstanding % of SBA Loans/Total MBL Loans Avg. SBA Loan Balance Outstanding
1 Mountain America UT $123,129,152 $318,130,870 38.70% $67,653
2 Redwood CA $81,760,768 $165,203,095 49.49% $548,730
3 Redstone AL $25,544,529 $102,834,132 24.84% $131,673
4 Navy VA $24,152,706 $182,855,253 13.21% $670,909
5 Members Choice TX $20,230,398 $28,731,267 70.41% $396,674
6 Randolph-Brooks TX $17,683,776 $228,462,253 7.74% $41,707
7 Achieva FL $17,607,599 $30,621,501 57.50% $704,304
8 Vision One CA $17,353,549 $23,484,527 73.89% $160,681
9 Altra WI $17,233,562 $92,055,442 18.72% $207,633
10 SAFE CA $17,102,594 $44,935,744 38.06% $78,452