GOOD
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
143
2010–2026
Total Volume
$35M
Gross loan amounts
States Active
2
With recorded loans
Programs
7(a) & 504
143 total segments
Michigan State University Federal Credit Union has a strong focus on existing businesses, with 53% of their deals serving this purpose. This may be beneficial if you're looking to expand or refinance an established business.
With an average 7(a) spread of P+2.68%, this lender offers competitive pricing compared to the national median of P+2.75%. This could result in lower overall borrowing costs for your loan.
The lender has seen a significant growth trend, with a 57% year-over-year increase in deals. This suggests they are actively expanding their lending capacity, which could improve your chances of approval.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 21 504 loans, which use fixed SBA debenture rates.
States where Michigan State University Federal Credit Union has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Specialty Trade Contractors
Construction
Manufacturing
Manufacturing
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Auto Repair & Maintenance
Other Services
Other Professional Services
Professional Services
General Merchandise
Retail Trade
Restaurants & Food Service
Accommodation & Food Services
Other Health Practitioners
Health Care & Social Assistance
+ 7 more
All recorded SBA lending activity for Michigan State University Federal Credit Union, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Michigan · Specialty Trade Contractors · Under $150K | 7(a) | 12 | P+2.88% | $79K | Q2 2025 |
| Michigan · Manufacturing · Under $150K | 7(a) | 8 | P+3.00% | $83K | Q1 2024 |
| Michigan · General Merchandise · Under $150K | 7(a) | 7 | P+2.75% | $57K | Q1 2021 |
| Michigan · Auto Repair & Maintenance · Under $150K | 7(a) | 6 | P+2.25% | $85K | Q1 2018 |
| Michigan · Management & IT Consulting · Under $150K | 7(a) | 6 | P+2.50% | $64K | Q3 2020 |
| Michigan · Other Health Practitioners · Under $150K | 7(a) | 5 | P+2.75% | $47K | Q2 2014 |
| Michigan · Building Construction · Under $150K | 7(a) | 4 | P+1.50% | $116K | Q3 2017 |
| Michigan · Arts, Entertainment & Recreation · Under $150K | 7(a) | 4 | P+2.38% | $63K | Q2 2016 |
| Michigan · Arts, Entertainment & Recreation · $150K – $350K | 7(a) | 4 | P+3.25% | $221K | Q3 2019 |
| Michigan · Manufacturing · $150K – $350K | 7(a) | 4 | P+1.88% | $263K | Q3 2022 |
| Michigan · Other Professional Services · Under $150K | 7(a) | 4 | P+2.75% | $85K | Q2 2017 |
| Michigan · Other Professional Services · $150K – $350K | 7(a) | 4 | P+2.13% | $316K | Q4 2017 |
| Michigan · Miscellaneous Retail · $150K – $350K | 7(a) | 3 | P+4.25% | $228K | Q3 2025 |
| Michigan · Education · Under $150K | 7(a) | 3 | P+2.25% | $54K | Q2 2017 |
| Michigan · Restaurants & Food Service · Under $150K | 7(a) | 3 | P+3.50% | $115K | Q3 2024 |
| Michigan · Real Estate · Under $150K | 7(a) | 2 | P+2.63% | $83K | Q1 2016 |
| Michigan · Administrative & Waste Services · Under $150K | 7(a) | 2 | P+3.00% | $50K | Q1 2016 |
| Michigan · Retail Trade · Under $150K | 7(a) | 2 | P+0.88% | $60K | Q4 2014 |
| Michigan · Specialty Trade Contractors · $150K – $350K | 7(a) | 2 | P+2.50% | $253K | Q2 2016 |
| Michigan · Miscellaneous Retail · Under $150K | 7(a) | 2 | P+2.75% | $55K | Q3 2025 |
| Michigan · Physician & Dental Offices · Under $150K | 7(a) | 2 | P+3.25% | $50K | Q1 2015 |
| Michigan · Wholesale Trade · $150K – $350K | 504 | 2 | — | $230K | Q1 2022 |
| Michigan · Engineering & Architecture · Under $150K | 7(a) | 2 | P+3.75% | $45K | Q3 2011 |
| Michigan · Specialty Trade Contractors · Under $150K | 504 | 2 | — | $130K | Q3 2012 |
| Michigan · Finance & Insurance · Under $150K | 7(a) | 2 | P+2.88% | $100K | Q2 2021 |
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Real experiences from borrowers who closed SBA loans with Michigan State University Federal Credit Union.
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