MY CU approved 27 SBA loans worth $2.4M between October 2021 and June 2026, ranking #771 of 2,283 SBA lenders nationally by loan count. Its median loan was $50,000, and 19% went to startups or businesses under two years old. It lent in 2 states, most often in Minnesota, and its most financed industry was manufacturing.
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Manufacturing | 5 | $150,000 | |
| Health care and social assistance | 5 | $80,000 | |
| Other services (repair, personal care) | 5 | $40,000 | |
| Transportation and warehousing | 4 | $52,250 | |
| Restaurants and hotels | 2 | $40,000 | |
| Professional and technical services | 2 | $25,000 | |
| Construction | 1 | $30,000 | |
| Administrative and support services | 1 | $75,000 | |
| Finance and insurance | 1 | $30,000 | |
| Retail | 1 | $50,000 |