Lender · SBA 7(a) record
Telhio Credit Union Inc
OH · lends in 5 states · 616 SBA loans since 2010, 274 in the last five years.
How fast they approve. Telhio Credit Union Inc made 63% of its recent SBA 7(a) loans under Preferred Lender (PLP) authority — it can approve them in-house without sending your file to the SBA to re-underwrite, which is the biggest single driver of how fast a loan closes. Why approval speed comes down to the lender.
What stands out about Telhio Credit Union Inc
vs every other SBA lenderTelhio Credit Union Inc lives at the small end. Its median loan is just $140k, well under the $347k typical of SBA lenders — one of the banks genuinely willing to write small.
It leans into one industry. 11% of Telhio Credit Union Inc's loans go to general freight trucking, long-distance, truckload — roughly 2× the share you would expect, so it clearly knows that business.
Regional, not national. 97% of Telhio Credit Union Inc's recent SBA lending is in Ohio. A borrower outside Ohio is not its usual customer.
This read is built from 274 funded 7(a) loans over the last five fiscal years; outside its core states the sample thins out, so weigh the rest accordingly.
Will they talk to you?
loan sizes fundedThe spread of loan sizes tells you where this lender is comfortable. Ask for something far outside it and expect friction.
Do they fund businesses like yours?
last 5 yearsA lender who already knows your industry asks better questions and closes faster. One who doesn't will treat your file as an education.
Lends conservatively
1.24% charged off against 2.11% across all SBA lending. Clean books usually mean tight credit standards. Good rates if you fit their box, and a quick decline if you don't.
What rate people got
median markup over primeThe median borrower here paid prime + 2.38%. Compare that against what you have been quoted — the markup is the negotiable part, and most borrowers never try.
Their loans, year by year
cumulative % of dollars charged off| Approved | Yr 1 | Yr 2 | Yr 3 | Yr 4 | Yr 5 | Yr 6 | Yr 7 | Yr 8 | Yr 9 | Yr 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2012 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 2013 | 0.0 | 0.0 | 0.0 | 0.0 | 1.7 | 1.7 | 1.7 | 1.7 | 1.7 | 1.7 |
| 2014 | 0.0 | 0.0 | 0.0 | 0.0 | 7.2 | 7.2 | 7.2 | 7.2 | 7.2 | 7.2 |
| 2015 | 0.0 | 0.0 | 7.5 | 7.5 | 7.5 | 7.5 | 7.5 | 7.5 | 7.5 | 7.5 |
| 2016 | 0.0 | 0.0 | 2.4 | 3.5 | 3.5 | 3.5 | 3.5 | 3.5 | 3.5 | · |
| 2017 | 0.0 | 0.0 | 0.0 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | · | · |
| 2018 | 0.0 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | · | · | · |
| 2019 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | · | · | · | · |
| 2020 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | · | · | · | · | · |
| 2021 | 0.0 | 0.0 | 0.0 | 0.0 | · | · | · | · | · | · |
| 2022 | 0.0 | 0.0 | 0.0 | · | · | · | · | · | · | · |
| 2023 | 0.0 | 0.0 | · | · | · | · | · | · | · | · |
| 2024 | 0.0 | · | · | · | · | · | · | · | · | · |
| 2025 | · | · | · | · | · | · | · | · | · | · |
Each row is one year's lending. Read down a column to compare years at the same age — that is the only fair comparison, because losses take three to five years to appear and a fast-growing lender always looks clean on a raw average.
What this page cannot tell you
Federal records show what was approved, not how long it took, how the bank communicated, or whether your loan officer returned calls. Ask any lender directly: are you a preferred lender, how many deals like mine did you close last year, and who underwrites it.
Check your eligibility first → Decode what they say to you →
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Common questions
Does Telhio Credit Union Inc make SBA startup and acquisition loans?
Yes — its recent SBA 7(a) record includes 69 startups, 28 franchise loans, 25 commercial real-estate loans, 15 business acquisitions. If your deal is one of these, it has funded that kind of loan many times before. See how it ranks for your exact deal.
What is the smallest SBA loan Telhio Credit Union Inc will make?
Its practical minimum — the 5th percentile of what it has actually funded — is about $30,930, and the typical (median) Telhio Credit Union Inc loan is $139,500. If your loan is well below its practical minimum, it is unlikely to be interested however strong your file.
What interest rate do Telhio Credit Union Inc SBA borrowers get?
On variable-rate loans, recent Telhio Credit Union Inc borrowers paid a median of prime + 2.38%. The markup over prime is the negotiable part of any SBA quote. Check a rate you have been quoted.
What states does Telhio Credit Union Inc lend in?
Most of Telhio Credit Union Inc's recent SBA lending is concentrated in Ohio, Florida, among 5 states in total. Compare lenders by state.