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BayPort Federal Credit Union

NEWPORT NEWS, VA 23606

31
Loans Approved
$3.6M
Total Volume
$117K
Avg Loan Size
2
States Served

States Served

North CarolinaVirginia

Top Industries Financed

  • General Freight Trucking, Local
  • Limited-Service Restaurants
  • Fitness and Recreational Sports Centers
  • Water and Sewer Line and Related Structures Construction
  • Gasoline Stations with Convenience Stores

Quick Summary

BayPort Federal Credit Union is an SBA-approved lender headquartered in NEWPORT NEWS, Virginia. Since 2020, they have approved 31 SBA 7(a) loans totaling $3.6M, with an average loan size of $117K. They serve businesses across 2 states.

About BayPort Federal Credit Union

BayPort Federal Credit Union is an SBA-approved lender headquartered in NEWPORT NEWS, Virginia. Since 2020, they have approved 31 SBA 7(a) loans totaling $3.6M, with an average loan size of $117K. They serve businesses across 2 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is BayPort Federal Credit Union an SBA Preferred Lender?

BayPort Federal Credit Union 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 BayPort Federal Credit Union approved?

According to SBA FOIA public records, BayPort Federal Credit Union has approved 31 SBA 7(a) loans totaling $3.6M since 2020. Their average loan size is $117K.

What states does BayPort Federal Credit Union serve?

BayPort Federal Credit Union serves businesses in 2 states: North Carolina, Virginia.

How do I apply for an SBA loan with BayPort Federal Credit Union?

To apply for an SBA 7(a) loan with BayPort Federal Credit Union, 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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