SBA lender profile
Sound Credit Union
Sound Credit Union appears in the public SBA loan data with 343 funded 7(a) loans since FY2010, totaling $87.2M, an average of $254K per loan, and an estimated 2,744 jobs supported. Its SBA lending concentrates in Washington and the Accommodation and Food Services sector. Across its 7(a) loans, the charge-off rate is 2.0%. 28.3% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 78
- Scale 72
- Activity 72
- Consistency 86
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Sound Credit Union the right lender for you?
Lenders fund what they know. Sound Credit Union's SBA lending concentrates in Washington (342 loans) and Accommodation and Food Services (50 loans), at an average loan of $254K. 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 Sound Credit Union lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Washington | 342 | $87.1M |
| Texas | 1 | $50K |
Metro areas where Sound Credit Union funds
What Sound Credit Union funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 50 | $17.8M |
| Health Care and Social Assistance | 45 | $17.0M |
| Construction | 52 | $11.6M |
| Real Estate | 17 | $8.7M |
| Other Services | 30 | $7.1M |
| Retail Trade | 31 | $6.4M |
Sound Credit Union SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 4 | $845K |
| 2011 | 4 | $2.2M |
| 2012 | 7 | $1.9M |
| 2013 | 8 | $6.5M |
| 2014 | 9 | $5.2M |
| 2015 | 11 | $2.3M |
| 2016 | 21 | $3.1M |
| 2017 | 25 | $7.4M |
| 2018 | 21 | $4.6M |
| 2019 | 14 | $8.5M |
| 2020 | 8 | $4.9M |
| 2021 | 13 | $7.2M |
| 2022 | 24 | $4.0M |
| 2023 | 26 | $5.0M |
| 2024 | 54 | $11.4M |
| 2025 | 62 | $7.8M |
| 2026 | 32 | $4.4M |
Related SBA lenders
Other lenders active in Washington or in Accommodation and Food Services.
Comparing lenders? See how to choose an SBA lender by track record.
Sound Credit Union: frequently asked questions
Does Sound Credit Union offer SBA loans?
Yes. Sound Credit Union appears in the public SBA data with 343 funded SBA 7(a) loans totaling $87.2M.
How many SBA loans has Sound Credit Union made?
Sound Credit Union is associated with 343 SBA 7(a) loans totaling $87.2M in the public SBA data (as of 2026-03-31).
What is Sound Credit Union's SBA charge-off rate?
About 2.0% of Sound 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 Sound Credit Union do most of its SBA lending?
Sound Credit Union's SBA lending in the data is most concentrated in Washington, and by industry in Accommodation and Food Services.
Is Sound Credit Union an SBA Preferred Lender (PLP)?
The loan record shows Sound Credit Union operating under PLP delegated authority: 97 of its 7(a) loans (28.3%) were processed through the Preferred Lenders Program, including 16 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
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). Sound Credit Union SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/sound-credit-union/
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