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People's Credit Union

MIDDLETOWN, RI 2842

1
Loans Approved
$165K
Total Volume
$165K
Avg Loan Size
1
States Served

States Served

Rhode Island

Top Industries Financed

  • Other Direct Selling Establishments

Quick Summary

People's Credit Union is an SBA-approved lender headquartered in MIDDLETOWN, Rhode Island. Since 2020, they have approved 1 SBA 7(a) loans totaling $165K, with an average loan size of $165K. They primarily serve Rhode Island businesses.

About People's Credit Union

People's Credit Union is an SBA-approved lender headquartered in MIDDLETOWN, Rhode Island. Since 2020, they have approved 1 SBA 7(a) loans totaling $165K, with an average loan size of $165K. They primarily serve businesses in Rhode Island.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is People's Credit Union an SBA Preferred Lender?

People's 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 People's Credit Union approved?

According to SBA FOIA public records, People's Credit Union has approved 1 SBA 7(a) loans totaling $165K since 2020. Their average loan size is $165K.

What states does People's Credit Union serve?

People's Credit Union primarily serves businesses in Rhode Island.

How do I apply for an SBA loan with People's Credit Union?

To apply for an SBA 7(a) loan with People's 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