Sound CU

WA

SBA-approved lender offering 8 loan programs across 27 industries.

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Key Metrics

Interest Rate

10.93%

4.18% over prime

Average Loan

$126K

Per approval

Total Approvals

62

FY 2025

Loan Programs (8)

7a General
Existing or more than 2 years old
Fixed Rates
New Business or 2 years or less
SBA Express Program
Preferred Lenders Program
Change of Ownership
Loan Funds will Open Business

Industries Served (27)

Administrative Management and General Management Consulting ServicesAdvertising AgenciesAll Other Professional, Scientific, and Technical ServicesAll Other Specialty Trade ContractorsAmbulance ServicesCarpet and Upholstery Cleaning ServicesCustom Architectural Woodwork and Millwork ManufacturingElectrical ContractorsEnvironmental Consulting ServicesFitness and Recreational Sports CentersGeneral Freight Trucking, Long Distance, TruckloadIndependent Artists, Writers, and PerformersInterior Design ServicesMasonry ContractorsMobile Food ServicesMusical Groups and ArtistsNew Single-Family Housing Construction (except Operative Builders)Offices of OptometristsOffices of Real Estate Agents and BrokersPainting and Wall Covering ContractorsPlumbing, Heating, and Air-Conditioning ContractorsResidential RemodelersServices for the Elderly and Persons with DisabilitiesSite Preparation ContractorsSnack and Nonalcoholic Beverage BarsTruck, Utility Trailer, and RV (Recreational Vehicle) Rental and LeasingUsed Car Dealers

Additional Details

Prime Rate
6.75%
Rate Over Prime
4.18%
Effective Rate
10.93%
Fiscal Year
2025
States Served
WA

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