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Community Choice CU

FARMINGTON HILLS, MI 48334

64
Loans Approved
$36.5M
Total Volume
$571K
Avg Loan Size
2
States Served

States Served

MichiganOhio

Top Industries Financed

  • Limited-Service Restaurants
  • Full-Service Restaurants
  • Landscaping Services
  • Fabricated Structural Metal Manufacturing
  • General Freight Trucking, Long Distance, Truckload

Quick Summary

Community Choice CU is an SBA-approved lender headquartered in FARMINGTON HILLS, Michigan. Since 2020, they have approved 64 SBA 7(a) loans totaling $36.5M, with an average loan size of $571K. They serve businesses across 2 states.

About Community Choice CU

Community Choice CU is an SBA-approved lender headquartered in FARMINGTON HILLS, Michigan. Since 2020, they have approved 64 SBA 7(a) loans totaling $36.5M, with an average loan size of $571K. 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 Community Choice CU an SBA Preferred Lender?

Community Choice CU 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 Community Choice CU approved?

According to SBA FOIA public records, Community Choice CU has approved 64 SBA 7(a) loans totaling $36.5M since 2020. Their average loan size is $571K.

What states does Community Choice CU serve?

Community Choice CU serves businesses in 2 states: Michigan, Ohio.

How do I apply for an SBA loan with Community Choice CU?

To apply for an SBA 7(a) loan with Community Choice CU, 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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