SBA lender profile
LAF CU
LAF CU appears in the public SBA loan data with 24 funded 7(a) loans since FY2010, totaling $16.1M, an average of $672K per loan, and an estimated 341 jobs supported. Its SBA lending concentrates in Michigan and the Arts, Entertainment, Recreation sector. Across its 7(a) loans, the charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 76
- Scale 18
- Activity 60
- Consistency 40
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is LAF CU the right lender for you?
Lenders fund what they know. LAF CU's SBA lending concentrates in Michigan (24 loans) and Arts, Entertainment, Recreation (4 loans), at an average loan of $672K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Where LAF CU lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Michigan | 24 | $16.1M |
What LAF CU funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Arts, Entertainment, Recreation | 4 | $4.0M |
| Other Services | 1 | $3.7M |
| Health Care and Social Assistance | 3 | $2.7M |
| Accommodation and Food Services | 2 | $1.2M |
| Educational Services | 2 | $905K |
| Manufacturing | 3 | $885K |
LAF CU SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2014 | 1 | $300K |
| 2015 | 1 | $150K |
| 2018 | 1 | $195K |
| 2024 | 3 | $4.4M |
| 2025 | 14 | $6.8M |
| 2026 | 4 | $4.3M |
Related SBA lenders
Other lenders active in Michigan or in Arts, Entertainment, Recreation.
Comparing lenders? See how to choose an SBA lender by track record.
LAF CU: frequently asked questions
Does LAF CU offer SBA loans?
Yes. LAF CU appears in the public SBA data with 24 funded SBA 7(a) loans totaling $16.1M.
How many SBA loans has LAF CU made?
LAF CU is associated with 24 SBA 7(a) loans totaling $16.1M in the public SBA data (as of 2026-03-31).
What is LAF CU's SBA charge-off rate?
About 0.0% of LAF CU's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does LAF CU do most of its SBA lending?
LAF CU's SBA lending in the data is most concentrated in Michigan, and by industry in Arts, Entertainment, Recreation.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). LAF CU SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/laf-cu/
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