Coastal States Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Coastal States Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 624410 | Child Day Care Services | 96 | $182.4M | $1.9M | 11.9% |
| 722513 | Limited-Service Restaurants | 48 | $23.4M | $487K | 5.9% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 40 | $82.3M | $2.1M | 5.0% |
| 721110 | Hotels (except Casino Hotels) and Motels | 32 | $59.2M | $1.9M | 4.0% |
| 623110 | Nursing Care Facilities | 32 | $88.1M | $2.8M | 4.0% |
| 623312 | Homes for the Elderly | 32 | $111.6M | $3.5M | 4.0% |
| 812210 | Funeral Homes and Funeral Services | 32 | $24.9M | $777K | 4.0% |
| 323111 | Commercial Gravure Printing | 24 | $24.7M | $1.0M | 3.0% |
| 722511 | Full-Service Restaurants | 24 | $33.6M | $1.4M | 3.0% |
| 424470 | Meat and Meat Product Merchant Wholesalers | 24 | $7.8M | $323K | 3.0% |
Geographic Distribution
SBA lending activity for Coastal States Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 200 | $335.5M | 24.8% |
| Georgia (GA) | 168 | $172.8M | 20.8% |
| Utah (UT) | 16 | $62.7M | 2.0% |
| South Carolina (SC) | 40 | $54.1M | 5.0% |
| Arizona (AZ) | 32 | $50.6M | 4.0% |
| New York (NY) | 24 | $44.6M | 3.0% |
| Washington (WA) | 56 | $43.1M | 6.9% |
| Missouri (MO) | 16 | $42.7M | 2.0% |
| Mississippi (MS) | 8 | $40.0M | 1.0% |
| North Carolina (NC) | 16 | $37.8M | 2.0% |
| California (CA) | 56 | $34.7M | 6.9% |
| Pennsylvania (PA) | 32 | $34.4M | 4.0% |
| New Jersey (NJ) | 32 | $33.6M | 4.0% |
| New Mexico (NM) | 8 | $32.4M | 1.0% |
| Alabama (AL) | 16 | $31.2M | 2.0% |
| Michigan (MI) | 16 | $15.6M | 2.0% |
| Florida (FL) | 24 | $12.1M | 3.0% |
| Massachusetts (MA) | 8 | $7.2M | 1.0% |
| Illinois (IL) | 8 | $5.7M | 1.0% |
| Indiana (IN) | 8 | $5.1M | 1.0% |
| Kansas (KS) | 8 | $3.8M | 1.0% |
| Wisconsin (WI) | 8 | $3.1M | 1.0% |
| Maryland (MD) | 8 | $3.1M | 1.0% |
Why Choose Coastal States Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 808 SBA loans approved, totaling $1.11B in financing
- ✓Industry Expertise: Specialized focus on Child Day Care Services, Limited-Service Restaurants, Offices of Physicians (except Mental Health Specialists)
- ✓Competitive Terms: Average interest rate of 7.23% with flexible term lengths averaging 223 months
- ✓Loan Range: Loan sizes from $175K to $5.0M, with an average of $1.4M
- ✓Nationwide Reach: Active lending in 23 states, with strong presence in TX, GA, 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 Coastal States Bank SBA lending
What types of businesses does Coastal States Bank typically finance?
Coastal States Bank specializes in SBA 7(a) lending to specific industries including child day care services, limited-service restaurants, offices of physicians (except mental health specialists), hotels (except casino hotels) and motels. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Coastal States Bank's typical SBA loan terms?
Coastal States Bank's SBA 7(a) loans typically feature an average interest rate of 7.23% and average term length of 223 months (approximately 19 years). Loan sizes range from $175K to $5.0M, with an average loan size of $1.4M.
Do I need a business valuation for a Coastal States Bank SBA loan?
Yes, Coastal States 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 States Bank compare to other SBA lenders?
Coastal States Bank has originated 808 SBA loans totaling $1.11B 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 States Bank lend in?
Coastal States Bank provides SBA 7(a) financing with particularly strong presence in TX, GA, WA, CA, SC. 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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