States Served
Top Industries Financed
- Full-Service Restaurants
- Car Washes
Quick Summary
Awakon FCU is an SBA-approved lender headquartered in ONAWAY, Michigan. Since 2020, they have approved 2 SBA 7(a) loans totaling $467K, with an average loan size of $234K. They primarily serve Michigan businesses.
About Awakon FCU
Awakon FCU is an SBA-approved lender headquartered in ONAWAY, Michigan. Since 2020, they have approved 2 SBA 7(a) loans totaling $467K, with an average loan size of $234K. They primarily serve businesses in Michigan.
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Frequently Asked Questions
Is Awakon FCU an SBA Preferred Lender?
Awakon FCU is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.
How many SBA loans has Awakon FCU approved?
According to SBA FOIA public records, Awakon FCU has approved 2 SBA 7(a) loans totaling $467K since 2020. Their average loan size is $234K.
What states does Awakon FCU serve?
Awakon FCU primarily serves businesses in Michigan.
How do I apply for an SBA loan with Awakon FCU?
To apply for an SBA 7(a) loan with Awakon FCU, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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Contact Awakon FCU
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