Coastal Community Bank
SBA 7(a) Lending Profile · FY 2022 analysis
Industry Focus
Top industries served by Coastal Community Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 332322 | Sheet Metal Work Manufacturing | 16 | $19.8M | $1.2M | 8.3% |
| 238160 | Roofing Contractors | 16 | $4.9M | $308K | 8.3% |
| 722511 | Full-Service Restaurants | 16 | $3.8M | $240K | 8.3% |
| 621399 | Offices of All Other Miscellaneous Health Practitioners | 16 | $16.4M | $1.0M | 8.3% |
| 722513 | Limited-Service Restaurants | 16 | $5.4M | $339K | 8.3% |
| 713940 | Fitness and Recreational Sports Centers | 16 | $1.7M | $103K | 8.3% |
| 423310 | Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers | 8 | $13.6M | $1.7M | 4.2% |
| 327991 | Cut Stone and Stone Product Manufacturing | 8 | $4.1M | $518K | 4.2% |
| 238910 | Site Preparation Contractors | 8 | $4.0M | $500K | 4.2% |
| 115210 | Support Activities for Animal Production | 8 | $3.3M | $410K | 4.2% |
Geographic Distribution
SBA lending activity for Coastal Community Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Washington (WA) | 184 | $94.7M | 95.8% |
| Oregon (OR) | 8 | $9.2M | 4.2% |
Why Choose Coastal Community Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 192 SBA loans approved, totaling $103.9M in financing
- ✓Industry Expertise: Specialized focus on Sheet Metal Work Manufacturing, Roofing Contractors, Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 6.19% with flexible term lengths averaging 127 months
- ✓Loan Range: Loan sizes from $80K to $2.0M, with an average of $541K
- ✓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 Coastal Community Bank SBA lending
What types of businesses does Coastal Community Bank typically finance?
Coastal Community Bank specializes in SBA 7(a) lending to specific industries including sheet metal work manufacturing, roofing contractors, full-service restaurants, offices of all other miscellaneous health practitioners. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Coastal Community Bank's typical SBA loan terms?
Coastal Community Bank's SBA 7(a) loans typically feature an average interest rate of 6.19% and average term length of 127 months (approximately 11 years). Loan sizes range from $80K to $2.0M, with an average loan size of $541K.
Do I need a business valuation for a Coastal Community Bank SBA loan?
Yes, Coastal Community 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 Coastal Community Bank compare to other SBA lenders?
Coastal Community Bank has originated 192 SBA loans totaling $103.9M 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 Coastal Community Bank lend in?
Coastal Community Bank 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?
Professional valuations are often required for SBA loans over $250,000.
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