Bank of Eastern Oregon
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Bank of Eastern Oregon · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 812112 | Beauty Salons | 2 | $206K | $103K | 14.3% |
| 713940 | Fitness and Recreational Sports Centers | 2 | $950K | $475K | 14.3% |
| 711120 | Dance Companies | 1 | $15K | $15K | 7.1% |
| 722410 | Drinking Places (Alcoholic Beverages) | 1 | $45K | $45K | 7.1% |
| 524127 | Direct Title Insurance Carriers | 1 | $88K | $88K | 7.1% |
| 541990 | All Other Professional, Scientific, and Technical Services | 1 | $170K | $170K | 7.1% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 1 | $205K | $205K | 7.1% |
| 484121 | General Freight Trucking, Long-Distance, Truckload | 1 | $700K | $700K | 7.1% |
| 541191 | Title Abstract and Settlement Offices | 1 | $471K | $471K | 7.1% |
Geographic Distribution
SBA lending activity for Bank of Eastern Oregon by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Washington (WA) | 9 | $2.7M | 64.3% |
| Oregon (OR) | 5 | $303K | 35.7% |
Why Choose Bank of Eastern Oregon?
Based on SBA 7(a) lending track record from 1995-2013
- ✓Proven Track Record: 14 SBA loans approved, totaling $3.0M in financing
- ✓Industry Expertise: Specialized focus on Beauty Salons, Fitness and Recreational Sports Centers, Dance Companies
- ✓Competitive Terms: Average interest rate of 6.20% with flexible term lengths averaging 101 months
- ✓Loan Range: Loan sizes from $15K to $900K, with an average of $216K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in WA, OR
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 of Eastern Oregon SBA lending
What types of businesses does Bank of Eastern Oregon typically finance?
Bank of Eastern Oregon specializes in SBA 7(a) lending to specific industries including beauty salons, fitness and recreational sports centers, dance companies, drinking places (alcoholic beverages). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Bank of Eastern Oregon's typical SBA loan terms?
Bank of Eastern Oregon's SBA 7(a) loans typically feature an average interest rate of 6.20% and average term length of 101 months (approximately 8 years). Loan sizes range from $15K to $900K, with an average loan size of $216K.
Do I need a business valuation for a Bank of Eastern Oregon SBA loan?
Yes, Bank of Eastern Oregon 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 of Eastern Oregon compare to other SBA lenders?
Bank of Eastern Oregon has originated 14 SBA loans totaling $3.0M since 1995. 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 of Eastern Oregon lend in?
Bank of Eastern Oregon provides SBA 7(a) financing with particularly strong presence in WA, OR. 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?
Certified valuations are often required for SBA loans over $250,000.
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