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Quick Summary
MY CU is an SBA-approved lender headquartered in BLOOMINGTON, Minnesota. Since 2020, they have approved 30 SBA 7(a) loans totaling $2.5M, with an average loan size of $83K. They serve businesses across 2 states.
About MY CU
MY CU is an SBA-approved lender headquartered in BLOOMINGTON, Minnesota. Since 2020, they have approved 30 SBA 7(a) loans totaling $2.5M, with an average loan size of $83K. They serve businesses across 2 states.
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Frequently Asked Questions
Is MY CU an SBA Preferred Lender?
MY 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 MY CU approved?
According to SBA FOIA public records, MY CU has approved 30 SBA 7(a) loans totaling $2.5M since 2020. Their average loan size is $83K.
What states does MY CU serve?
MY CU serves businesses in 2 states: Minnesota, Wisconsin.
How do I apply for an SBA loan with MY CU?
To apply for an SBA 7(a) loan with MY 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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Contact MY CU
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