SBA lender profile
Inova Federal Credit Union
Inova Federal Credit Union appears in the public SBA loan data with 8 funded 7(a) loans totaling $5.4M, an average of $672K per loan, and an estimated 29 jobs supported. Its SBA lending concentrates in Indiana and the Health Care and Social Assistance 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
8
Total volume
$5.4M
Average loan size
$672K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
29
Programs
7(a)
Where Inova Federal Credit Union lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Indiana | 8 | $5.4M |
What Inova Federal Credit Union funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Health Care and Social Assistance | 1 | $2.3M |
| Arts, Entertainment, Recreation | 1 | $1.7M |
| Construction | 2 | $570K |
| Educational Services | 1 | $498K |
| Accommodation and Food Services | 1 | $150K |
| Professional and Technical Services | 1 | $100K |
Inova Federal Credit Union SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2022 | 2 | $648K |
| 2023 | 3 | $1.9M |
| 2024 | 3 | $2.8M |
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 Inova 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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