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
148
2010–2024
Total Volume
$13M
Gross loan amounts
States Active
3
With recorded loans
Programs
7(a)
148 total segments
Workers FCU focuses heavily on existing businesses, with 55% of their deals supporting acquisitions. This makes them a strong choice for buyers looking to purchase established companies.
With an average 7(a) spread of P+2.59%, Workers 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.
The lender has seen a significant decline in activity, with a 33% drop in deals year-over-year. This trend may indicate a more cautious lending environment, which could affect approval rates for new borrowers.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes.
States where Workers FCU has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Administrative & Waste Services
Administrative & Waste Services
Specialty Trade Contractors
Construction
Transportation & Warehousing
Transportation & Warehousing
Manufacturing
Manufacturing
Auto Repair & Maintenance
Other Services
Restaurants & Food Service
Accommodation & Food Services
Personal Care (Salons, Spas)
Other Services
Wholesale Trade
Wholesale Trade
+ 7 more
All recorded SBA lending activity for Workers FCU, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Massachusetts · Administrative & Waste Services · Under $150K | 7(a) | 25 | P+3.25% | $49K | Q3 2022 |
| Massachusetts · Specialty Trade Contractors · Under $150K | 7(a) | 10 | P+3.13% | $42K | Q3 2021 |
| Massachusetts · Manufacturing · Under $150K | 7(a) | 9 | P+2.75% | $54K | Q3 2019 |
| Massachusetts · Auto Repair & Maintenance · Under $150K | 7(a) | 9 | P+2.00% | $50K | Q2 2017 |
| Massachusetts · Transportation & Warehousing · Under $150K | 7(a) | 7 | P+1.74% | $37K | Q4 2022 |
| Massachusetts · Personal Care (Salons, Spas) · Under $150K | 7(a) | 7 | P+2.75% | $67K | Q3 2020 |
| Massachusetts · Restaurants & Food Service · Under $150K | 7(a) | 6 | P+3.00% | $65K | Q3 2018 |
| Massachusetts · Other Repair & Services · Under $150K | 7(a) | 6 | P+2.25% | $92K | Q2 2022 |
| Massachusetts · Wholesale Trade · Under $150K | 7(a) | 6 | P+3.13% | $55K | Q4 2022 |
| Massachusetts · Engineering & Architecture · Under $150K | 7(a) | 4 | P+3.00% | $46K | Q2 2021 |
| Massachusetts · Other Professional Services · Under $150K | 7(a) | 4 | P+2.50% | $62K | Q4 2017 |
| Massachusetts · Real Estate · Under $150K | 7(a) | 4 | P+3.13% | $66K | Q2 2022 |
| Massachusetts · Social Assistance · Under $150K | 7(a) | 4 | P+2.38% | $90K | Q2 2023 |
| Massachusetts · Arts, Entertainment & Recreation · Under $150K | 7(a) | 4 | P+3.25% | $39K | Q4 2014 |
| Massachusetts · Accounting & Tax · Under $150K | 7(a) | 3 | P+3.50% | $38K | Q1 2012 |
| Massachusetts · Heavy & Civil Engineering · Under $150K | 7(a) | 3 | P+2.00% | $43K | Q2 2019 |
| Massachusetts · Other Health Practitioners · Under $150K | 7(a) | 3 | P+2.50% | $61K | Q2 2022 |
| Massachusetts · Retail Trade · Under $150K | 7(a) | 3 | P+2.00% | $89K | Q1 2022 |
| Massachusetts · Transportation & Warehousing · $150K – $350K | 7(a) | 3 | P+2.00% | $179K | Q4 2022 |
| Massachusetts · Specialty Trade Contractors · $150K – $350K | 7(a) | 2 | P+2.00% | $248K | Q3 2024 |
| Massachusetts · General Merchandise · Under $150K | 7(a) | 2 | P+3.00% | $40K | Q2 2014 |
| Massachusetts · Food & Beverage Stores · Under $150K | 7(a) | 2 | P+2.25% | $100K | Q1 2015 |
| Massachusetts · Restaurants & Food Service · $150K – $350K | 7(a) | 2 | P+4.00% | $330K | Q4 2010 |
| Massachusetts · Social Assistance · $150K – $350K | 7(a) | 2 | P+1.63% | $246K | Q3 2017 |
| Massachusetts · Wholesale Trade · $150K – $350K | 7(a) | 1 | P+3.25% | $320K | Q2 2021 |
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