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Route 31 Federal Credit Union
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Route 31 Federal Credit Union, SBA Loan Activity
Public SBA 7(a) and 504 lending activity for Route 31 Federal Credit Union.
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Overview
Recent loans
Industries
Geography
7(a) vs 504
Total SBA loans
1
2010 – 2025
Approved $
$375K
across all programs
Avg loan size
$375K
median $375K
Top industry
Welding and Soldering Equipment Manufacturing
1 loans · 100%
7(a) vs 504
BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
1
Approved
$375K
Avg size
$375K
Range
$375K – $375K
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
–
Top industries funded
See all industries
Welding and Soldering Equipment Manufacturing
1
Loan records · Route 31 Federal Credit Union
1 record
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Amount
Date
Per job
Borrower
Location
Approved
descending
Per job
Program
Industry
Date
Krause Welding, Inc.
Route 31 Federal Credit Union
Muskegon, MI
49442
$375,000
$47K
7(a)
Welding and Soldering Equipment Manufacturing
2024-05-14
Krause Welding, Inc.
Muskegon, MI · 49442
$375,000
7(a)
Route 31 Federal Credit Union
$47K/job · 2024-05-14
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Where Route 31 Federal Credit Union lends
APPROVAL CONCENTRATION
TOP STATES
MI
1