Coast360 FCU
SBA 7(a) Lending Profile · FY 2024 analysis
Industry Focus
Top industries served by Coast360 FCU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 32 | $1.7M | $53K | 17.4% |
| 453220 | Gift, Novelty, and Souvenir Stores | 16 | $1.0M | $63K | 8.7% |
| 236210 | Industrial Building Construction | 16 | $800K | $50K | 8.7% |
| 424820 | Wine and Distilled Alcoholic Beverage Merchant Wholesalers | 16 | $2.0M | $125K | 8.7% |
| 621310 | Offices of Chiropractors | 8 | $400K | $50K | 4.3% |
| 621399 | Offices of All Other Miscellaneous Health Practitioners | 8 | $240K | $30K | 4.3% |
| 311411 | Frozen Fruit, Juice, and Vegetable Manufacturing | 8 | $360K | $45K | 4.3% |
| 459420 | Other | 8 | $592K | $74K | 4.3% |
| 312112 | Bottled Water Manufacturing | 8 | $400K | $50K | 4.3% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 8 | $800K | $100K | 4.3% |
Geographic Distribution
SBA lending activity for Coast360 FCU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| GU (GU) | 184 | $39.7M | 100.0% |
Why Choose Coast360 FCU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 184 SBA loans approved, totaling $39.7M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Gift, Novelty, and Souvenir Stores, Industrial Building Construction
- ✓Competitive Terms: Average interest rate of 8.82% with flexible term lengths averaging 67 months
- ✓Loan Range: Loan sizes from $25K to $3.0M, with an average of $216K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in GU
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 Coast360 FCU SBA lending
What types of businesses does Coast360 FCU typically finance?
Coast360 FCU specializes in SBA 7(a) lending to specific industries including limited-service restaurants, gift, novelty, and souvenir stores, industrial building construction, wine and distilled alcoholic beverage merchant wholesalers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Coast360 FCU's typical SBA loan terms?
Coast360 FCU's SBA 7(a) loans typically feature an average interest rate of 8.82% and average term length of 67 months (approximately 6 years). Loan sizes range from $25K to $3.0M, with an average loan size of $216K.
Do I need a business valuation for a Coast360 FCU SBA loan?
Yes, Coast360 FCU 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 Coast360 FCU compare to other SBA lenders?
Coast360 FCU has originated 184 SBA loans totaling $39.7M 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 Coast360 FCU lend in?
Coast360 FCU provides SBA 7(a) financing with particularly strong presence in GU. 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.