STRONG
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
153
2010–2025
Total Volume
$43M
Gross loan amounts
States Active
5
With recorded loans
Programs
7(a) & 504
153 total segments
Altra FCU has a strong focus on startups, with 75% of their deals going to new businesses. This makes them a good choice for first-time borrowers looking to launch their ventures.
With an average 7(a) spread of P+1.91%, Altra FCU offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of your loan.
Altra FCU's 504 loans make up 9% of their total SBA deals, which is below the national average of ~18%. If you're seeking a 504 loan, you may want to consider other lenders with a stronger focus in that area.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 14 504 loans, which use fixed SBA debenture rates.
States where Altra FCU has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Auto Repair & Maintenance
Other Services
Specialty Trade Contractors
Construction
Personal Care (Salons, Spas)
Other Services
Other Health Practitioners
Health Care & Social Assistance
Transportation & Warehousing
Transportation & Warehousing
+ 7 more
All recorded SBA lending activity for Altra FCU, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Wisconsin · Manufacturing · Under $150K | 7(a) | 6 | P+2.13% | $44K | Q1 2016 |
| Wisconsin · Restaurants & Food Service · Under $150K | 7(a) | 6 | P+2.75% | $68K | Q2 2021 |
| Wisconsin · Specialty Trade Contractors · Under $150K | 7(a) | 5 | P+2.75% | $67K | Q1 2020 |
| Wisconsin · Arts, Entertainment & Recreation · Under $150K | 7(a) | 5 | P+1.25% | $73K | Q4 2021 |
| Wisconsin · Personal Care (Salons, Spas) · Under $150K | 7(a) | 5 | P+1.75% | $55K | Q3 2022 |
| Texas · Restaurants & Food Service · Under $150K | 7(a) | 5 | P+1.50% | $111K | Q1 2021 |
| Wisconsin · Restaurants & Food Service · $150K – $350K | 7(a) | 4 | P+1.63% | $221K | Q2 2021 |
| Minnesota · Restaurants & Food Service · Under $150K | 7(a) | 4 | P+1.12% | $67K | Q1 2024 |
| Wisconsin · Other Health Practitioners · Under $150K | 7(a) | 4 | P+1.75% | $79K | Q3 2019 |
| Wisconsin · Manufacturing · $150K – $350K | 7(a) | 4 | P+1.63% | $233K | Q1 2016 |
| Wisconsin · Transportation & Warehousing · Under $150K | 7(a) | 3 | P+3.00% | $50K | Q4 2016 |
| Wisconsin · Auto Repair & Maintenance · Under $150K | 7(a) | 3 | P+3.50% | $47K | Q2 2017 |
| Wisconsin · Retail Trade · Under $150K | 7(a) | 3 | P+3.00% | $47K | Q3 2011 |
| Wisconsin · Restaurants & Food Service · $500K – $1M | 7(a) | 2 | P+0.75% | $524K | Q1 2017 |
| Wisconsin · Restaurants & Food Service · $150K – $350K | 504 | 2 | — | $228K | Q3 2022 |
| Wisconsin · Auto Repair & Maintenance · $350K – $500K | 504 | 2 | — | $419K | Q1 2025 |
| Texas · Restaurants & Food Service · $150K – $350K | 7(a) | 2 | P+2.38% | $253K | Q4 2016 |
| Texas · Manufacturing · Under $150K | 7(a) | 2 | P+1.13% | $95K | Q3 2022 |
| Wisconsin · Manufacturing · $350K – $500K | 7(a) | 2 | P+2.38% | $428K | Q3 2014 |
| Wisconsin · Food & Beverage Stores · Under $150K | 7(a) | 2 | P+3.50% | $25K | Q2 2010 |
| Texas · Manufacturing · $350K – $500K | 7(a) | 2 | P+2.25% | $500K | Q1 2016 |
| Minnesota · Personal Care (Salons, Spas) · Under $150K | 7(a) | 2 | P+-0.98% | $70K | Q3 2023 |
| Wisconsin · Administrative & Waste Services · Under $150K | 7(a) | 2 | P+1.75% | $82K | Q2 2022 |
| Wisconsin · Other Repair & Services · Under $150K | 7(a) | 2 | P+3.00% | $43K | Q2 2017 |
| Texas · Arts, Entertainment & Recreation · $500K – $1M | 7(a) | 2 | P+1.50% | $657K | Q3 2018 |
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