Customers Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Customers Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 624410 | Child Day Care Services | 648 | $944.4M | $1.5M | 12.2% |
| 722513 | Limited-Service Restaurants | 232 | $106.7M | $460K | 4.4% |
| 722511 | Full-Service Restaurants | 176 | $192.2M | $1.1M | 3.3% |
| 812112 | Beauty Salons | 152 | $60.0M | $394K | 2.9% |
| 721110 | Hotels (except Casino Hotels) and Motels | 136 | $306.7M | $2.3M | 2.6% |
| 238990 | All Other Specialty Trade Contractors | 104 | $58.6M | $563K | 2.0% |
| 561720 | Janitorial Services | 96 | $65.2M | $679K | 1.8% |
| 561730 | Landscaping Services | 96 | $89.0M | $927K | 1.8% |
| 541519 | Other Computer Related Services | 96 | $44.9M | $468K | 1.8% |
| 621493 | Freestanding Ambulatory Surgical and Emergency Centers | 96 | $97.9M | $1.0M | 1.8% |
Geographic Distribution
SBA lending activity for Customers Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Florida (FL) | 936 | $709.5M | 17.7% |
| California (CA) | 648 | $552.7M | 12.2% |
| North Carolina (NC) | 232 | $388.0M | 4.4% |
| Pennsylvania (PA) | 480 | $382.3M | 9.1% |
| New Jersey (NJ) | 408 | $345.1M | 7.7% |
| Texas (TX) | 440 | $336.4M | 8.3% |
| Massachusetts (MA) | 280 | $259.1M | 5.3% |
| Virginia (VA) | 152 | $206.9M | 2.9% |
| Washington (WA) | 104 | $140.1M | 2.0% |
| New York (NY) | 136 | $132.1M | 2.6% |
| Tennessee (TN) | 72 | $123.0M | 1.4% |
| Georgia (GA) | 120 | $119.0M | 2.3% |
| New Hampshire (NH) | 104 | $111.6M | 2.0% |
| Indiana (IN) | 88 | $100.8M | 1.7% |
| Colorado (CO) | 88 | $98.0M | 1.7% |
| Mississippi (MS) | 40 | $67.7M | 0.8% |
| Ohio (OH) | 88 | $66.5M | 1.7% |
| Nevada (NV) | 120 | $65.8M | 2.3% |
| Maine (ME) | 40 | $64.5M | 0.8% |
| Missouri (MO) | 48 | $59.7M | 0.9% |
| Illinois (IL) | 72 | $52.7M | 1.4% |
| South Carolina (SC) | 72 | $48.5M | 1.4% |
| Alabama (AL) | 64 | $45.0M | 1.2% |
| Arkansas (AR) | 40 | $41.2M | 0.8% |
| Louisiana (LA) | 48 | $40.9M | 0.9% |
| Michigan (MI) | 40 | $34.5M | 0.8% |
| Wisconsin (WI) | 16 | $33.2M | 0.3% |
| Oklahoma (OK) | 48 | $23.5M | 0.9% |
| New Mexico (NM) | 24 | $19.9M | 0.5% |
| Utah (UT) | 32 | $16.9M | 0.6% |
| Connecticut (CT) | 32 | $14.4M | 0.6% |
| Delaware (DE) | 16 | $13.8M | 0.3% |
| Arizona (AZ) | 24 | $13.1M | 0.5% |
| Rhode Island (RI) | 16 | $9.0M | 0.3% |
| South Dakota (SD) | 8 | $8.9M | 0.2% |
| Maryland (MD) | 24 | $8.2M | 0.5% |
| Oregon (OR) | 32 | $6.7M | 0.6% |
| Wyoming (WY) | 8 | $5.7M | 0.2% |
| Montana (MT) | 8 | $5.4M | 0.2% |
| Idaho (ID) | 8 | $5.1M | 0.2% |
| Kansas (KS) | 8 | $4.2M | 0.2% |
| Minnesota (MN) | 8 | $3.6M | 0.2% |
| District of Columbia (DC) | 8 | $3.2M | 0.2% |
| Alaska (AK) | 8 | $1.6M | 0.2% |
| Kentucky (KY) | 8 | $480K | 0.2% |
Why Choose Customers Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 5,296 SBA loans approved, totaling $4.79B in financing
- ✓Industry Expertise: Specialized focus on Child Day Care Services, Limited-Service Restaurants, Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 7.01% with flexible term lengths averaging 152 months
- ✓Loan Range: Loan sizes from $25K to $5.0M, with an average of $904K
- ✓Nationwide Reach: Active lending in 45 states, with strong presence in FL, CA, PA
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 Customers Bank SBA lending
What types of businesses does Customers Bank typically finance?
Customers Bank specializes in SBA 7(a) lending to specific industries including child day care services, limited-service restaurants, full-service restaurants, beauty salons. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Customers Bank's typical SBA loan terms?
Customers Bank's SBA 7(a) loans typically feature an average interest rate of 7.01% and average term length of 152 months (approximately 13 years). Loan sizes range from $25K to $5.0M, with an average loan size of $904K.
Do I need a business valuation for a Customers Bank SBA loan?
Yes, Customers 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 Customers Bank compare to other SBA lenders?
Customers Bank has originated 5,296 SBA loans totaling $4.79B 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 Customers Bank lend in?
Customers Bank provides SBA 7(a) financing with particularly strong presence in FL, CA, PA, TX, NJ. 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.