Members Cooperative Credit Union
Headquartered in Duluth, MN. Analysis based on 50 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $10.6M.
Total 7(a) loans
50
Total approved
$10.6M
Average loan
$212K
States funded in
1
Charge-off rate
2.33%
FY2020–FY2023 cohort
Paid-in-full rate
27.91%
Average rate
6.50%
Average term
135 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 484121 | General Freight Trucking, Long Distance, Truckload | 4 |
| 484110 | General Freight Trucking, Local | 4 |
| 448190 | Other Clothing Stores | 3 |
| 488410 | Motor Vehicle Towing | 3 |
| 722511 | Full-Service Restaurants | 3 |
| 541430 | Graphic Design Services | 2 |
| 332813 | Electroplating, Plating, Polishing, Anodizing, and Coloring | 2 |
| 561730 | Landscaping Services | 2 |
| 621420 | Outpatient Mental Health and Substance Abuse Centers | 2 |
| 812199 | Other Personal Care Services | 2 |
Top 10 states
| State | Loans |
|---|---|
| MN | 50 |
Top franchise brands financed
5 franchise loans across 5 distinct brands.
| Franchise | Loans |
|---|---|
| Board & Brush Creative Studios | 1 |
| The Spice & Tea Exchange | 1 |
| Stroller Strides | 1 |
| Servpro | 1 |
| Pet Depot | 1 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.