Central Bank
SBA 7(a) Lending Profile · FY 2025 analysis
Industry Focus
Top industries served by Central Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 248 | $92.8M | $374K | 5.7% |
| 713940 | Fitness and Recreational Sports Centers | 120 | $50.0M | $417K | 2.8% |
| 561730 | Landscaping Services | 96 | $21.8M | $227K | 2.2% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 96 | $31.5M | $328K | 2.2% |
| 238910 | Site Preparation Contractors | 88 | $58.8M | $669K | 2.0% |
| 722511 | Full-Service Restaurants | 88 | $49.5M | $563K | 2.0% |
| 812199 | Other Personal Care Services | 88 | $22.7M | $258K | 2.0% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 72 | $24.4M | $339K | 1.7% |
| 812112 | Beauty Salons | 72 | $25.8M | $358K | 1.7% |
| 459999 | Other | 64 | $35.9M | $561K | 1.5% |
Geographic Distribution
SBA lending activity for Central Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Utah (UT) | 3,736 | $1.38B | 85.7% |
| Florida (FL) | 368 | $224.8M | 8.4% |
| Iowa (IA) | 112 | $91.5M | 2.6% |
| Texas (TX) | 32 | $37.7M | 0.7% |
| Georgia (GA) | 56 | $35.8M | 1.3% |
| Nebraska (NE) | 16 | $24.8M | 0.4% |
| Alabama (AL) | 24 | $7.7M | 0.6% |
| Mississippi (MS) | 8 | $3.3M | 0.2% |
| Arizona (AZ) | 8 | $2.0M | 0.2% |
Why Choose Central Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 4,360 SBA loans approved, totaling $1.80B in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Fitness and Recreational Sports Centers, Landscaping Services
- ✓Competitive Terms: Average interest rate of 7.78% with flexible term lengths averaging 131 months
- ✓Loan Range: Loan sizes from $11K to $5.0M, with an average of $414K
- ✓Nationwide Reach: Active lending in 9 states, with strong presence in UT, FL, IA
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 Central Bank SBA lending
What types of businesses does Central Bank typically finance?
Central Bank specializes in SBA 7(a) lending to specific industries including limited-service restaurants, fitness and recreational sports centers, landscaping services, snack and nonalcoholic beverage bars. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Central Bank's typical SBA loan terms?
Central Bank's SBA 7(a) loans typically feature an average interest rate of 7.78% and average term length of 131 months (approximately 11 years). Loan sizes range from $11K to $5.0M, with an average loan size of $414K.
Do I need a business valuation for a Central Bank SBA loan?
Yes, Central Bank 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 Central Bank compare to other SBA lenders?
Central Bank has originated 4,360 SBA loans totaling $1.80B 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 Central Bank lend in?
Central Bank provides SBA 7(a) financing with particularly strong presence in UT, FL, IA, GA, 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.
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Explore Industry Reports →Need a Business Valuation?
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