States Served
Top Industries Financed
- General Rental Centers
- Offices of Other Holding Companies
- Fitness and Recreational Sports Centers
- Other Chemical and Allied Products Merchant Wholesalers
- Full-Service Restaurants
Quick Summary
Collins Community Credit Union is an SBA-approved lender headquartered in Cedar Rapids, Iowa. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 6 SBA 7(a) loans totaling $1.9M, with an average loan size of $318K. They primarily serve Iowa businesses.
About Collins Community Credit Union
Collins Community Credit Union is an SBA-approved lender headquartered in Cedar Rapids, Iowa. Since 2020, they have approved 6 SBA 7(a) loans totaling $1.9M, with an average loan size of $318K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They primarily serve businesses in Iowa.
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Frequently Asked Questions
Is Collins Community Credit Union an SBA Preferred Lender?
Yes, Collins Community Credit Union is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.
How many SBA loans has Collins Community Credit Union approved?
According to SBA FOIA public records, Collins Community Credit Union has approved 6 SBA 7(a) loans totaling $1.9M since 2020. Their average loan size is $318K.
What states does Collins Community Credit Union serve?
Collins Community Credit Union primarily serves businesses in Iowa.
How do I apply for an SBA loan with Collins Community Credit Union?
To apply for an SBA 7(a) loan with Collins Community 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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Contact Collins Community Credit Union
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