Gross approvals for St. Mary's CU total $23.5 million on 351 loans, FY2017 to FY2026. St. Mary's CU is all SBA 7(a), with 351 loans and no 504 loans credited. For 351 loans, SBA's record names St. Mary's CU as the lender. St. Mary's CU holds 351 loans that SBA guarantees.

St. Mary's CU asset and state spread

St. Mary's CU shows no class line. 341 loans, the biggest St. Mary's CU group, sit outside the tracked classes.

St. Mary's CU loans after approval

St. Mary's CU has a cancellation floor of 5.0% across FY2017 to FY2024 approvals. St. Mary's CU ceiling: withheld by Loan Analytics' own rule. St. Mary's CU ceiling: no zero, no estimate. The St. Mary's CU charged-off rate is withheld, not zero. St. Mary's CU had fewer than 30 of 351 loans disbursed in FY2017 to FY2021. St. Mary's CU rate: withheld by Loan Analytics' rule. St. Mary's CU: each rate is the least SBA shows.

St. Mary's CU record and a borrower's study

341 St. Mary's CU loans fit no tracked class. St. Mary's CU: local demand must come from the site. St. Mary's CU total of $23.5 million says nothing about any one site. At St. Mary's CU, the project must carry the case. St. Mary's CU: ask directly what it needs to see. 351 loans at St. Mary's CU do not measure demand at one site. St. Mary's CU: competing supply near the site matters most. St. Mary's CU study revenue assumptions need written support. St. Mary's CU request needs build cost from quotes. St. Mary's CU debt service needs a cautious revenue case. Value for the project comes from its own appraisal, not from St. Mary's CU totals. St. Mary's CU study needs a downside case in writing. St. Mary's CU: assumptions stated, coverage tested, value supported. St. Mary's CU lists 351 loans and $23.5 million in gross approvals. St. Mary's CU loan equity should be stated plainly.

St. Mary's CU cancellation rates use approvals through FY2024 only. St. Mary's CU totals take in FY2025 and FY2026 approvals. St. Mary's CU figures describe loans held, not lender practices. 351 loans cannot predict one new request to St. Mary's CU. St. Mary's CU withheld values are never zeros or estimates.

SBA loans held by St. Mary's CU

SBA guarantees these loans; the lender does not. The lender's name and every figure come from the U.S. Small Business Administration's public 7(a) and 504 FOIA file (data.sba.gov).

7(a) lender is the bank or lender the loan is currently assigned to (or last held it), as SBA records it; 504 lender is the Certified Development Company (CDC). 504 third-party (first-lien) lenders are free text with no identifier and are not credited.

Loans approved, FY2017 to FY2026	351
Gross dollars approved	$23.5 million
SBA 7(a) loans	351
SBA 504 loans	0

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	5.0%
The same, counting loans still undisbursed as cancelled (a ceiling)	withheld
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	withheld

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

Loans by asset class

Asset class	Loans
Not in any of the 39 asset classes	341

Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

The state breakdown is withheld, so that no group of fewer than 5 loans can be derived.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; Loan Analytics lender cell LP-ncua-67864.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project anywhere in the United States, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan, by St. Mary's CU or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

St. Mary's CU: SBA Lending Record