Bank Northwest
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Bank Northwest
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 424130 | Industrial and Personal Service Paper Merchant Wholesalers | 40 | $14.0M | $351K | 55.6% |
| 484121 | General Freight Trucking, Long Distance, Truckload | 8 | $113K | $14K | 11.1% |
| 722511 | Full-Service Restaurants | 8 | $9.9M | $1.2M | 11.1% |
| 238990 | All Other Specialty Trade Contractors | 8 | $1.4M | $172K | 11.1% |
| 441320 | Tire Dealers | 8 | $162K | $20K | 11.1% |
Geographic Distribution
SBA lending activity for Bank Northwest by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Missouri (MO) | 72 | $25.6M | 100.0% |
Why Choose Bank Northwest?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 72 SBA loans approved, totaling $25.6M in financing
- ✓Industry Expertise: Specialized focus on Industrial and Personal Service Paper Merchant Wholesalers, General Freight Trucking, Long Distance, Truckload, Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 4.73% with flexible term lengths averaging 123 months
- ✓Loan Range: Loan sizes from $14K to $1.2M, with an average of $355K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MO
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Bank Northwest SBA lending
What types of businesses does Bank Northwest typically finance?
Bank Northwest specializes in SBA 7(a) lending to specific industries including industrial and personal service paper merchant wholesalers, general freight trucking, long distance, truckload, full-service restaurants, all other specialty trade contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Bank Northwest's typical SBA loan terms?
Bank Northwest's SBA 7(a) loans typically feature an average interest rate of 4.73% and average term length of 123 months (approximately 10 years). Loan sizes range from $14K to $1.2M, with an average loan size of $355K.
Do I need a business valuation for a Bank Northwest SBA loan?
Yes, Bank Northwest typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Bank Northwest compare to other SBA lenders?
Bank Northwest has originated 72 SBA loans totaling $25.6M since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Bank Northwest lend in?
Bank Northwest provides SBA 7(a) financing with particularly strong presence in MO. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.