bankcda
SBA 7(a) Lending Profile · FY 2024 analysis
Industry Focus
Top industries served by bankcda
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 238910 | Site Preparation Contractors | 24 | $3.3M | $139K | 11.1% |
| 811490 | Other Personal and Household Goods Repair and Maintenance | 16 | $18.0M | $1.1M | 7.4% |
| 423310 | Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers | 16 | $20.0M | $1.3M | 7.4% |
| 238320 | Painting and Wall Covering Contractors | 16 | $5.4M | $338K | 7.4% |
| 621610 | Home Health Care Services | 8 | $200K | $25K | 3.7% |
| 481211 | Nonscheduled Chartered Passenger Air Transportation | 8 | $1.6M | $200K | 3.7% |
| 713940 | Fitness and Recreational Sports Centers | 8 | $4.2M | $525K | 3.7% |
| 311812 | Commercial Bakeries | 8 | $1.7M | $212K | 3.7% |
| 238210 | Electrical Contractors | 8 | $2.7M | $340K | 3.7% |
| 333914 | Other | 8 | $37.8M | $4.7M | 3.7% |
Geographic Distribution
SBA lending activity for bankcda by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Idaho (ID) | 200 | $137.3M | 92.6% |
| Washington (WA) | 16 | $1.5M | 7.4% |
Why Choose bankcda?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 216 SBA loans approved, totaling $138.9M in financing
- ✓Industry Expertise: Specialized focus on Site Preparation Contractors, Other Personal and Household Goods Repair and Maintenance, Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers
- ✓Competitive Terms: Average interest rate of 6.84% with flexible term lengths averaging 153 months
- ✓Loan Range: Loan sizes from $25K to $4.7M, with an average of $643K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in ID, WA
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 bankcda SBA lending
What types of businesses does bankcda typically finance?
bankcda specializes in SBA 7(a) lending to specific industries including site preparation contractors, other personal and household goods repair and maintenance, lumber, plywood, millwork, and wood panel merchant wholesalers, painting and wall covering contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are bankcda's typical SBA loan terms?
bankcda's SBA 7(a) loans typically feature an average interest rate of 6.84% and average term length of 153 months (approximately 13 years). Loan sizes range from $25K to $4.7M, with an average loan size of $643K.
Do I need a business valuation for a bankcda SBA loan?
Yes, bankcda 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 bankcda compare to other SBA lenders?
bankcda has originated 216 SBA loans totaling $138.9M 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 bankcda lend in?
bankcda provides SBA 7(a) financing with particularly strong presence in ID, WA. 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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