ORNLFCUOak Ridge National Laboratory Federal Credit Union
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After two banks asked him to move his business elsewhere in 2009, despite no late or missed loan payments, he joined the $1.4 billion ORNLFCU of Oak Ridge, Tenn., where he was able to secure an SBA loan.
Clay Kearley, vice president of member business services at ORNLFCU, said his credit union is $30 million shy of its MBL cap.
Phil Dangel, owner of the Shrimp Dock in Knoxville, Tenn., also received an SBA loan through ORNLFCU. Dangel's fresh fish market was denied loans by eight banks before he found the credit union and used the loan to add a third location and buy out his partner.