SHANE PIERSON · SBA DATA
SBA Lenders · Summit CU

SBA Lending by Summit CU

Summit CU is an active SBA 7(a) lender, ranked #177 nationally by all-time volume, with 923 approved 7(a) loans worth $228M on record.

923
7(a) loans made
$228M
Approved dollars
$247,170
Average loan size
#177
Rank, all-time volume
#176
Rank, volume since 2020
0.1%
Share of U.S. 7(a) since 2020
-63%
Annualized vs prior decade
4.9%
Active-loan distress
11%
Made under PLP authority

Between 1991 and mid-2026, Summit CU approved 923 SBA 7(a) loans worth $228M across the country, at an average of $247,170 per loan. That places it #177 among all U.S. SBA 7(a) lenders. About 11% were written under Preferred Lender (PLP) authority, and 4.9% of its book is currently delinquent, past due, or in liquidation.

Where Summit CU lends most

What Summit CU funds most

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7(a) loans only, approved and not cancelled, gross basis. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026. No borrower identity appears here.