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ELGA Credit Union

GRAND BLANC, MI 48439

1
Loans Approved
$263K
Total Volume
$263K
Avg Loan Size
1
States Served

States Served

Top Industries Financed

  • Freight Transportation Arrangement

Quick Summary

ELGA Credit Union is an SBA-approved lender headquartered in GRAND BLANC, Michigan. Since 2020, they have approved 1 SBA 7(a) loans totaling $263K, with an average loan size of $263K. They primarily serve Michigan businesses.

About ELGA Credit Union

ELGA Credit Union is an SBA-approved lender headquartered in GRAND BLANC, Michigan. Since 2020, they have approved 1 SBA 7(a) loans totaling $263K, with an average loan size of $263K. They primarily serve businesses in Michigan.

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Frequently Asked Questions

Is ELGA Credit Union an SBA Preferred Lender?

ELGA 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 ELGA Credit Union approved?

According to SBA FOIA public records, ELGA Credit Union has approved 1 SBA 7(a) loans totaling $263K since 2020. Their average loan size is $263K.

What states does ELGA Credit Union serve?

ELGA Credit Union primarily serves businesses in Michigan.

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

To apply for an SBA 7(a) loan with ELGA 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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