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Michigan First Credit Union

Lathrup Village, MI 48076

1
Loans Approved
$536K
Total Volume
$536K
Avg Loan Size
1
States Served

States Served

Michigan

Top Industries Financed

  • All Other Support Activities for Transportation

Quick Summary

Michigan First Credit Union is an SBA-approved lender headquartered in Lathrup Village, Michigan. Since 2020, they have approved 1 SBA 7(a) loans totaling $536K, with an average loan size of $536K. They primarily serve Michigan businesses.

About Michigan First Credit Union

Michigan First Credit Union is an SBA-approved lender headquartered in Lathrup Village, Michigan. Since 2020, they have approved 1 SBA 7(a) loans totaling $536K, with an average loan size of $536K. They primarily serve businesses in Michigan.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Michigan First Credit Union an SBA Preferred Lender?

Michigan First 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 Michigan First Credit Union approved?

According to SBA FOIA public records, Michigan First Credit Union has approved 1 SBA 7(a) loans totaling $536K since 2020. Their average loan size is $536K.

What states does Michigan First Credit Union serve?

Michigan First Credit Union primarily serves businesses in Michigan.

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

To apply for an SBA 7(a) loan with Michigan First 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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SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days