Evolve Bank and Trust
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Evolve Bank and Trust · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 43 | $24.7M | $575K | 7.2% |
| 624410 | Child Care Services | 33 | $78.8M | $2.4M | 5.5% |
| 722511 | Full-Service Restaurants | 27 | $22.5M | $832K | 4.5% |
| 623312 | Assisted Living Facilities for the Elderly | 20 | $32.5M | $1.6M | 3.4% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 19 | $18.6M | $979K | 3.2% |
| 621210 | Offices of Dentists | 19 | $17.3M | $909K | 3.2% |
| 541940 | Veterinary Services | 17 | $12.7M | $749K | 2.8% |
| 713940 | Fitness and Recreational Sports Centers | 14 | $9.3M | $661K | 2.3% |
| 811111 | General Automotive Repair | 14 | $9.1M | $650K | 2.3% |
| 541211 | Offices of Certified Public Accountants | 13 | $8.8M | $674K | 2.2% |
Geographic Distribution
SBA lending activity for Evolve Bank and Trust by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 83 | $83.8M | 13.9% |
| Florida (FL) | 80 | $79.4M | 13.4% |
| Colorado (CO) | 47 | $48.4M | 7.9% |
| California (CA) | 44 | $33.3M | 7.4% |
| Tennessee (TN) | 26 | $33.2M | 4.4% |
| Oregon (OR) | 30 | $29.3M | 5.0% |
| Washington (WA) | 30 | $28.4M | 5.0% |
| Arizona (AZ) | 29 | $25.7M | 4.9% |
| Utah (UT) | 14 | $20.1M | 2.3% |
| Georgia (GA) | 15 | $19.0M | 2.5% |
| Arkansas (AR) | 21 | $16.9M | 3.5% |
| South Carolina (SC) | 12 | $15.4M | 2.0% |
| New York (NY) | 14 | $14.9M | 2.3% |
| Ohio (OH) | 14 | $14.3M | 2.3% |
| Michigan (MI) | 12 | $13.4M | 2.0% |
| North Carolina (NC) | 11 | $13.2M | 1.8% |
| Kansas (KS) | 7 | $11.8M | 1.2% |
| Virginia (VA) | 10 | $11.6M | 1.7% |
| Pennsylvania (PA) | 11 | $10.8M | 1.8% |
| New Jersey (NJ) | 10 | $9.2M | 1.7% |
| Montana (MT) | 5 | $9.2M | 0.8% |
| Illinois (IL) | 10 | $8.5M | 1.7% |
| Massachusetts (MA) | 3 | $5.3M | 0.5% |
| New Mexico (NM) | 5 | $5.3M | 0.8% |
| Indiana (IN) | 7 | $5.1M | 1.2% |
| Minnesota (MN) | 2 | $4.7M | 0.3% |
| Wisconsin (WI) | 3 | $4.7M | 0.5% |
| Oklahoma (OK) | 3 | $4.4M | 0.5% |
| Nebraska (NE) | 3 | $3.8M | 0.5% |
| Kentucky (KY) | 1 | $3.3M | 0.2% |
| Idaho (ID) | 4 | $3.3M | 0.7% |
| Maine (ME) | 1 | $2.7M | 0.2% |
| Maryland (MD) | 6 | $2.4M | 1.0% |
| Mississippi (MS) | 3 | $1.9M | 0.5% |
| Wyoming (WY) | 2 | $1.8M | 0.3% |
| Alaska (AK) | 3 | $1.8M | 0.5% |
| Louisiana (LA) | 2 | $1.7M | 0.3% |
| Missouri (MO) | 3 | $1.6M | 0.5% |
| Connecticut (CT) | 3 | $1.6M | 0.5% |
| Nevada (NV) | 2 | $1.1M | 0.3% |
| Alabama (AL) | 2 | $956K | 0.3% |
| Rhode Island (RI) | 1 | $948K | 0.2% |
| Delaware (DE) | 1 | $925K | 0.2% |
| North Dakota (ND) | 1 | $645K | 0.2% |
| Iowa (IA) | 1 | $200K | 0.2% |
Why Choose Evolve Bank and Trust?
Based on SBA 7(a) lending track record from 1994-2025
- ✓Proven Track Record: 597 SBA loans approved, totaling $609.9M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Child Care Services, Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 7.01% with flexible term lengths averaging 196 months
- ✓Loan Range: Loan sizes from $15K to $5.0M, with an average of $1.0M
- ✓Nationwide Reach: Active lending in 45 states, with strong presence in TX, FL, CO
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 Evolve Bank and Trust SBA lending
What types of businesses does Evolve Bank and Trust typically finance?
Evolve Bank and Trust specializes in SBA 7(a) lending to specific industries including limited-service restaurants, child care services, full-service restaurants, assisted living facilities for the elderly. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Evolve Bank and Trust's typical SBA loan terms?
Evolve Bank and Trust's SBA 7(a) loans typically feature an average interest rate of 7.01% and average term length of 196 months (approximately 16 years). Loan sizes range from $15K to $5.0M, with an average loan size of $1.0M.
Do I need a business valuation for a Evolve Bank and Trust SBA loan?
Yes, Evolve Bank and Trust 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 Evolve Bank and Trust compare to other SBA lenders?
Evolve Bank and Trust has originated 597 SBA loans totaling $609.9M since 1994. 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 Evolve Bank and Trust lend in?
Evolve Bank and Trust provides SBA 7(a) financing with particularly strong presence in TX, FL, CO, CA, 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.
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