BuyoutLendersSBA 7(a) acquisition
lending data
Credit union · Corning, NY

First Heritage Federal Credit Union

Made 10 SBA 7(a) change-of-ownership loans totaling $3.5M in FY2024 to FY2026: #240 of 1,054 lenders by loans and #438 by dollars. Lends in 2 states.

#240by loans, FY24–26
10loans
$3.5Mapproved
$248Kmedian loan
Where it lends: loans by state of the business
Volume

By fiscal year

Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.

Fiscal yearLoansDollarsMedianShare of all loans
FY20243$902K$256K0.1%
FY20254$1.2M$182K0.1%
FY20263$1.4M$430K0.0%
Loan size

Deal size mix

0% of its loans were $1M or more.

Where the money goes

Top industries

IndustryLoansDollars
Retail Trade3$1.7M
Arts, Entertainment & Recreation3$704K
Administrative & Support, Waste Mgmt2$835K
Accommodation & Food Services1$150K
Other Services1$157K
Business location

Top states

Business stateLoansDollars
New York7$1.8M
Pennsylvania3$1.7M
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