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Lower East Side People's Federal Credit Union

Lower East Side People's Federal Credit Union appears in the public SBA loan data with 84 funded 7(a) loans since FY2010, totaling $4.6M, an average of $55K per loan, and an estimated 542 jobs supported. Its SBA lending concentrates in New York and the Accommodation and Food Services sector. Across its 7(a) loans, the charge-off rate is 7.1%.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Track record 55
Scale 18
Activity 19
Consistency 73

A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.

Funded loans
84
Since FY2010
Total volume
$4.6M
Average loan size
$55K
7(a) charge-off rate
7.1%
Share of 7(a) loans charged off
Jobs supported (reported)
542
Programs
7(a)

Is Lower East Side People's Federal Credit Union the right lender for you?

Lenders fund what they know. Lower East Side People's Federal Credit Union's SBA lending concentrates in New York (83 loans) and Accommodation and Food Services (18 loans), at an average loan of $55K. If your business does not look like that, a different SBA lender is likely the better fit.

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Where Lower East Side People's Federal Credit Union lends

Top states by funded SBA volume.

StateLoansTotal volume
New York 83 $4.6M
Maryland 1 $65K

What Lower East Side People's Federal Credit Union funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Accommodation and Food Services 18 $1.4M
Retail Trade 11 $835K
Other Services 14 $679K
Manufacturing 9 $508K
Information 6 $360K
Health Care and Social Assistance 7 $284K

Lower East Side People's Federal Credit Union SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
201013$544K
201111$610K
20129$543K
201312$567K
20146$327K
20155$315K
20164$225K
201711$729K
20183$170K
20192$45K
20221$12K
20232$45K
20244$400K
20251$100K

Related SBA lenders

Other lenders active in New York or in Accommodation and Food Services.

Comparing lenders? See how to choose an SBA lender by track record.

Lower East Side People's Federal Credit Union: frequently asked questions

Does Lower East Side People's Federal Credit Union offer SBA loans?

Yes. Lower East Side People's Federal Credit Union appears in the public SBA data with 84 funded SBA 7(a) loans totaling $4.6M.

How many SBA loans has Lower East Side People's Federal Credit Union made?

Lower East Side People's Federal Credit Union is associated with 84 SBA 7(a) loans totaling $4.6M in the public SBA data (as of 2026-03-31).

What is Lower East Side People's Federal Credit Union's SBA charge-off rate?

About 7.1% of Lower East Side People's Federal Credit Union'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 Lower East Side People's Federal Credit Union do most of its SBA lending?

Lower East Side People's Federal Credit Union's SBA lending in the data is most concentrated in New York, and by industry in Accommodation and Food Services.

For Lower East Side People's Federal Credit Union

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.

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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 Lower East Side People's Federal Credit Union's 7(a) loans marked charged off (504 loans do not report charge-off status); 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.
Cite this analysis

Mario Bailey. (2026). Lower East Side People's Federal Credit Union SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/lower-east-side-people-s-federal-credit-union/

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