Bank of the West
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Bank of the West
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 24 | $57.6M | $2.4M | 13.6% |
| 811111 | General Automotive Repair | 16 | $4.7M | $295K | 9.1% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 16 | $3.5M | $220K | 9.1% |
| 238990 | All Other Specialty Trade Contractors | 16 | $5.8M | $365K | 9.1% |
| 812199 | Other Personal Care Services | 8 | $795K | $99K | 4.5% |
| 336413 | Other Aircraft Parts and Auxiliary Equipment Manufacturing | 8 | $5.6M | $700K | 4.5% |
| 445320 | Other | 8 | $15.2M | $1.9M | 4.5% |
| 238320 | Painting and Wall Covering Contractors | 8 | $2.5M | $315K | 4.5% |
| 238310 | Drywall and Insulation Contractors | 8 | $619K | $77K | 4.5% |
| 457110 | Other | 8 | $22.2M | $2.8M | 4.5% |
Geographic Distribution
SBA lending activity for Bank of the West by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 176 | $153.6M | 100.0% |
Why Choose Bank of the West?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 176 SBA loans approved, totaling $153.6M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, General Automotive Repair, Snack and Nonalcoholic Beverage Bars
- ✓Competitive Terms: Average interest rate of 7.02% with flexible term lengths averaging 206 months
- ✓Loan Range: Loan sizes from $77K to $2.8M, with an average of $873K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in TX
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 the West SBA lending
What types of businesses does Bank of the West typically finance?
Bank of the West specializes in SBA 7(a) lending to specific industries including limited-service restaurants, general automotive repair, snack and nonalcoholic beverage bars, all other specialty trade contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Bank of the West's typical SBA loan terms?
Bank of the West's SBA 7(a) loans typically feature an average interest rate of 7.02% and average term length of 206 months (approximately 17 years). Loan sizes range from $77K to $2.8M, with an average loan size of $873K.
Do I need a business valuation for a Bank of the West SBA loan?
Yes, Bank of the West 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 the West compare to other SBA lenders?
Bank of the West has originated 176 SBA loans totaling $153.6M 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 of the West lend in?
Bank of the West provides SBA 7(a) financing with particularly strong presence in TX. 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.
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