SBA lender profile
Coastal Federal Credit Union
Coastal Federal Credit Union appears in the public SBA loan data with 11 funded 7(a) loans totaling $635K, an average of $58K per loan, and an estimated 217 jobs supported. Its SBA lending concentrates in North Carolina and the Professional and Technical Services sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
11
Total volume
$635K
Average loan size
$58K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
217
Programs
7(a)
Where Coastal Federal Credit Union lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| North Carolina | 11 | $635K |
What Coastal Federal Credit Union funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Professional and Technical Services | 3 | $240K |
| Administrative and Support | 4 | $215K |
| Transportation and Warehousing | 1 | $100K |
| Construction | 3 | $80K |
Coastal Federal Credit Union SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 2 | $75K |
| 2021 | 1 | $30K |
| 2022 | 3 | $200K |
| 2023 | 4 | $265K |
| 2024 | 1 | $65K |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Coastal Federal Credit Union's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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