Altra Federal Credit Union approved 15 SBA loans worth $1.9M between October 2021 and June 2026, ranking #1018 of 2,283 SBA lenders nationally by loan count. Its median loan was $99,000, and 93% went to startups or businesses under two years old. It lent in 4 states, most often in Wisconsin, and its most financed industry was other services (repair, personal care).
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Wisconsin | 6 | $531K | $67,500 | #102 |
| Minnesota | 4 | $386K | $106,300 | #153 |
| Tennessee | 3 | $421K | $157,500 | #107 |
| Texas | 2 | $530K | $265,100 | #343 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Other services (repair, personal care) | 4 | $72,000 | |
| Arts, entertainment and recreation | 3 | $152,400 | |
| Retail | 2 | $119,650 | |
| Restaurants and hotels | 2 | $96,300 | |
| Manufacturing | 1 | $81,000 | |
| Administrative and support services | 1 | $116,200 | |
| Real estate and rental | 1 | $30,000 | |
| Wholesale trade | 1 | $225,000 |