COFSB, National Association
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by COFSB, National Association
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 236118 | Residential Remodelers | 243 | $9.3M | $38K | 3.0% |
| 811111 | General Automotive Repair | 206 | $8.3M | $40K | 2.6% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 170 | $7.1M | $42K | 2.1% |
| 238210 | Electrical Contractors and Other Wiring Installation Contractors | 133 | $5.7M | $43K | 1.6% |
| 561730 | Landscaping Services | 121 | $5.0M | $41K | 1.5% |
| 524210 | Insurance Agencies and Brokerages | 118 | $4.9M | $41K | 1.5% |
| 441120 | Used Car Dealers | 105 | $4.9M | $47K | 1.3% |
| 236115 | New Single-Family Housing Construction (except For-Sale Builders) | 94 | $3.8M | $40K | 1.2% |
| 812112 | Beauty Salons | 90 | $3.3M | $37K | 1.1% |
| 531210 | Offices of Real Estate Agents and Brokers | 85 | $3.4M | $40K | 1.1% |
Geographic Distribution
SBA lending activity for COFSB, National Association by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 1,317 | $60.3M | 16.3% |
| Texas (TX) | 653 | $31.4M | 8.1% |
| Florida (FL) | 592 | $26.6M | 7.3% |
| New York (NY) | 566 | $24.8M | 7.0% |
| Illinois (IL) | 278 | $11.7M | 3.4% |
| Pennsylvania (PA) | 260 | $10.5M | 3.2% |
| Michigan (MI) | 263 | $10.2M | 3.3% |
| Colorado (CO) | 235 | $10.1M | 2.9% |
| Ohio (OH) | 243 | $9.9M | 3.0% |
| New Jersey (NJ) | 211 | $9.3M | 2.6% |
| Georgia (GA) | 210 | $8.7M | 2.6% |
| North Carolina (NC) | 210 | $8.7M | 2.6% |
| Washington (WA) | 203 | $8.6M | 2.5% |
| Massachusetts (MA) | 194 | $8.0M | 2.4% |
| Virginia (VA) | 195 | $7.9M | 2.4% |
| Maryland (MD) | 167 | $7.0M | 2.1% |
| Arizona (AZ) | 153 | $6.8M | 1.9% |
| Indiana (IN) | 142 | $5.9M | 1.8% |
| Minnesota (MN) | 137 | $5.9M | 1.7% |
| Missouri (MO) | 136 | $5.4M | 1.7% |
| Connecticut (CT) | 122 | $5.3M | 1.5% |
| Oregon (OR) | 126 | $5.3M | 1.6% |
| Wisconsin (WI) | 119 | $4.7M | 1.5% |
| Tennessee (TN) | 100 | $4.5M | 1.2% |
| Alabama (AL) | 104 | $3.9M | 1.3% |
| Utah (UT) | 80 | $3.7M | 1.0% |
| Louisiana (LA) | 82 | $3.3M | 1.0% |
| Oklahoma (OK) | 78 | $3.2M | 1.0% |
| Nevada (NV) | 64 | $3.0M | 0.8% |
| South Carolina (SC) | 72 | $2.9M | 0.9% |
| Arkansas (AR) | 75 | $2.9M | 0.9% |
| New Mexico (NM) | 59 | $2.6M | 0.7% |
| Kentucky (KY) | 67 | $2.6M | 0.8% |
| Kansas (KS) | 65 | $2.3M | 0.8% |
| Maine (ME) | 45 | $1.6M | 0.6% |
| New Hampshire (NH) | 47 | $1.6M | 0.6% |
| Iowa (IA) | 42 | $1.6M | 0.5% |
| Montana (MT) | 41 | $1.6M | 0.5% |
| Rhode Island (RI) | 38 | $1.5M | 0.5% |
| Mississippi (MS) | 34 | $1.5M | 0.4% |
| Idaho (ID) | 38 | $1.4M | 0.5% |
| Nebraska (NE) | 31 | $1.3M | 0.4% |
| Delaware (DE) | 23 | $1.1M | 0.3% |
| West Virginia (WV) | 25 | $1.1M | 0.3% |
| Vermont (VT) | 32 | $1.1M | 0.4% |
| Hawaii (HI) | 21 | $970K | 0.3% |
| Alaska (AK) | 19 | $890K | 0.2% |
| North Dakota (ND) | 18 | $740K | 0.2% |
| District of Columbia (DC) | 10 | $555K | 0.1% |
| Wyoming (WY) | 11 | $475K | 0.1% |
| South Dakota (SD) | 15 | $470K | 0.2% |
Why Choose COFSB, National Association?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 8,068 SBA loans approved, totaling $347.4M in financing
- ✓Industry Expertise: Specialized focus on Residential Remodelers, General Automotive Repair, Plumbing, Heating, and Air-Conditioning Contractors
- ✓Competitive Terms: Average interest rate of N/A with flexible term lengths averaging 83 months
- ✓Loan Range: Loan sizes from $10K to $500K, with an average of $43K
- ✓Nationwide Reach: Active lending in 51 states, with strong presence in CA, TX, FL
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 COFSB, National Association SBA lending
What types of businesses does COFSB, National Association typically finance?
COFSB, National Association specializes in SBA 7(a) lending to specific industries including residential remodelers, general automotive repair, plumbing, heating, and air-conditioning contractors, electrical contractors and other wiring installation contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are COFSB, National Association's typical SBA loan terms?
COFSB, National Association's SBA 7(a) loans typically feature an average interest rate of N/A and average term length of 83 months (approximately 7 years). Loan sizes range from $10K to $500K, with an average loan size of $43K.
Do I need a business valuation for a COFSB, National Association SBA loan?
Yes, COFSB, National Association 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 COFSB, National Association compare to other SBA lenders?
COFSB, National Association has originated 8,068 SBA loans totaling $347.4M 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 COFSB, National Association lend in?
COFSB, National Association provides SBA 7(a) financing with particularly strong presence in CA, TX, FL, NY, IL. 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?
Certified valuations are often required for SBA loans over $250,000.
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