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Central Virginia Federal Credit Union

Lynchburg, VA 24504

11
Loans Approved
$734K
Total Volume
$67K
Avg Loan Size
1
States Served

States Served

Top Industries Financed

  • Other Warehousing and Storage
  • All Other Specialty Trade Contractors
  • Mobile Food Services
  • Doll, Toy, and Game Manufacturing
  • Residential Remodelers

Quick Summary

Central Virginia Federal Credit Union is an SBA-approved lender headquartered in Lynchburg, Virginia. Since 2020, they have approved 11 SBA 7(a) loans totaling $734K, with an average loan size of $67K. They primarily serve Virginia businesses.

About Central Virginia Federal Credit Union

Central Virginia Federal Credit Union is an SBA-approved lender headquartered in Lynchburg, Virginia. Since 2020, they have approved 11 SBA 7(a) loans totaling $734K, with an average loan size of $67K. They primarily serve businesses in Virginia.

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Frequently Asked Questions

Is Central Virginia Federal Credit Union an SBA Preferred Lender?

Central Virginia 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 Central Virginia Federal Credit Union approved?

According to SBA FOIA public records, Central Virginia Federal Credit Union has approved 11 SBA 7(a) loans totaling $734K since 2020. Their average loan size is $67K.

What states does Central Virginia Federal Credit Union serve?

Central Virginia Federal Credit Union primarily serves businesses in Virginia.

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

To apply for an SBA 7(a) loan with Central Virginia 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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