Coastal States Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Coastal States Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 64 | $28.2M | $440K | 9.3% |
| 721110 | Hotels (except Casino Hotels) and Motels | 39 | $69.9M | $1.8M | 5.7% |
| 624410 | Child Care Services | 35 | $58.2M | $1.7M | 5.1% |
| 722511 | Full-Service Restaurants | 29 | $30.2M | $1.0M | 4.2% |
| 424470 | Meat and Meat Product Merchant Wholesalers | 16 | $8.9M | $556K | 2.3% |
| 713940 | Fitness and Recreational Sports Centers | 13 | $7.3M | $564K | 1.9% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 10 | $14.3M | $1.4M | 1.5% |
| 812199 | Other Personal Care Services | 7 | $2.5M | $364K | 1.0% |
| 713990 | All Other Amusement and Recreation Industries | 7 | $11.0M | $1.6M | 1.0% |
| 812210 | Funeral Homes and Funeral Services | 7 | $4.3M | $616K | 1.0% |
Geographic Distribution
SBA lending activity for Coastal States Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 398 | $301.1M | 58.1% |
| Texas (TX) | 37 | $51.7M | 5.4% |
| Florida (FL) | 31 | $34.8M | 4.5% |
| North Carolina (NC) | 36 | $32.9M | 5.3% |
| Alabama (AL) | 31 | $31.9M | 4.5% |
| South Carolina (SC) | 37 | $27.2M | 5.4% |
| Tennessee (TN) | 14 | $15.8M | 2.0% |
| Virginia (VA) | 12 | $13.7M | 1.8% |
| Utah (UT) | 4 | $10.6M | 0.6% |
| Washington (WA) | 12 | $8.5M | 1.8% |
| Mississippi (MS) | 3 | $6.2M | 0.4% |
| Missouri (MO) | 3 | $5.5M | 0.4% |
| Indiana (IN) | 4 | $5.5M | 0.6% |
| New Jersey (NJ) | 6 | $5.4M | 0.9% |
| Pennsylvania (PA) | 5 | $4.7M | 0.7% |
| California (CA) | 7 | $4.3M | 1.0% |
| New Mexico (NM) | 2 | $4.3M | 0.3% |
| Kentucky (KY) | 4 | $4.2M | 0.6% |
| New Hampshire (NH) | 2 | $3.9M | 0.3% |
| Kansas (KS) | 3 | $3.4M | 0.4% |
| Colorado (CO) | 6 | $2.9M | 0.9% |
| Oregon (OR) | 2 | $2.7M | 0.3% |
| Michigan (MI) | 3 | $2.2M | 0.4% |
| Arizona (AZ) | 3 | $2.2M | 0.4% |
| Illinois (IL) | 4 | $2.2M | 0.6% |
| New York (NY) | 2 | $1.6M | 0.3% |
| Massachusetts (MA) | 2 | $1.5M | 0.3% |
| Arkansas (AR) | 2 | $1.4M | 0.3% |
| Iowa (IA) | 4 | $1.3M | 0.6% |
| Wisconsin (WI) | 2 | $603K | 0.3% |
| Maryland (MD) | 1 | $390K | 0.1% |
| Nebraska (NE) | 1 | $306K | 0.1% |
| Connecticut (CT) | 2 | $80K | 0.3% |
Why Choose Coastal States Bank?
Based on SBA 7(a) lending track record from 2003-2025
- ✓Proven Track Record: 685 SBA loans approved, totaling $595.3M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Hotels (except Casino Hotels) and Motels, Child Care Services
- ✓Competitive Terms: Average interest rate of 6.13% with flexible term lengths averaging 192 months
- ✓Loan Range: Loan sizes from $10K to $5.0M, with an average of $869K
- ✓Nationwide Reach: Active lending in 33 states, with strong presence in GA, SC, TX
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 limited-service restaurants, hotels (except casino hotels) and motels, child care services, full-service restaurants. 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 6.13% and average term length of 192 months (approximately 16 years). Loan sizes range from $10K to $5.0M, with an average loan size of $869K.
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 685 SBA loans totaling $595.3M since 2003. 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 GA, SC, TX, NC, AL. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
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