Westerly Community CU
WESTERLY, RI 2891
States Served
Top Industries Financed
- Plumbing, Heating, and Air-Conditioning Contractors
- Offices of All Other Miscellaneous Health Practitioners
Quick Summary
Westerly Community CU is an SBA-approved lender headquartered in WESTERLY, Rhode Island. Since 2020, they have approved 3 SBA 7(a) loans totaling $942K, with an average loan size of $314K. They primarily serve Rhode Island businesses.
About Westerly Community CU
Westerly Community CU is an SBA-approved lender headquartered in WESTERLY, Rhode Island. Since 2020, they have approved 3 SBA 7(a) loans totaling $942K, with an average loan size of $314K. They primarily serve businesses in Rhode Island.
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Frequently Asked Questions
Is Westerly Community CU an SBA Preferred Lender?
Westerly Community 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 Westerly Community CU approved?
According to SBA FOIA public records, Westerly Community CU has approved 3 SBA 7(a) loans totaling $942K since 2020. Their average loan size is $314K.
What states does Westerly Community CU serve?
Westerly Community CU primarily serves businesses in Rhode Island.
How do I apply for an SBA loan with Westerly Community CU?
To apply for an SBA 7(a) loan with Westerly Community 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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