Loading...
Not-for-profit credit union open to anyone who lives or works in 32 different counties in Minnesota, North Dakota, and Wisconsin, providing member-focused financial services.
Have you worked with Magnifi Financial CU? Share your experience to help others.
Loading reviews...
SBA 7(a) Acquisition Loan Data As Of March 31, 2026
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of March 31, 2026
Median
$182K
Average
$237K
Sweet Spot
$0-$500K
Industries with highest loan volume
Limited-Service Restaurants
8
loans
$312K
avg. amount
Limited-Service Restaurants
Loans
8
Avg. Amount
$312K
Full-Service Restaurants
4
loans
$231K
avg. amount
Full-Service Restaurants
Loans
4
Avg. Amount
$231K
Other Personal Care Services
2
loans
$150K
avg. amount
Other Personal Care Services
Loans
2
Avg. Amount
$150K
All Other Amusement and Recreation Industries
2
loans
$198K
avg. amount
All Other Amusement and Recreation Industries
Loans
2
Avg. Amount
$198K
Retail Bakeries
2
loans
$95K
avg. amount
Retail Bakeries
Loans
2
Avg. Amount
$95K
Snack and Nonalcoholic Beverage Bars
2
loans
$207K
avg. amount
Snack and Nonalcoholic Beverage Bars
Loans
2
Avg. Amount
$207K
Fitness and Recreational Sports Centers
1
loans
$355K
avg. amount
Fitness and Recreational Sports Centers
Loans
1
Avg. Amount
$355K
Sporting Goods Retailers
1
loans
$134K
avg. amount
Sporting Goods Retailers
Loans
1
Avg. Amount
$134K
10-Year Default Rate
2.2%
Percentile Ranking
90th
90th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.77% |
| $500K-$1M | Prime + 2.75% |
As Of March 31, 2026 - States by loan volume (darker blue = higher volume)
Claim this profile to manage your information, respond to reviews, and access analytics.