Idaho Central CU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Idaho Central CU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722515 | Snack and Nonalcoholic Beverage Bars | 17 | $8.9M | $524K | 4.4% |
| 722513 | Limited-Service Restaurants | 15 | $5.5M | $365K | 3.9% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 13 | $2.8M | $219K | 3.4% |
| 722511 | Full-Service Restaurants | 13 | $10.6M | $815K | 3.4% |
| 811111 | General Automotive Repair | 12 | $11.2M | $937K | 3.1% |
| 238210 | Electrical Contractors and Other Wiring Installation Contractors | 9 | $2.1M | $234K | 2.3% |
| 238990 | All Other Specialty Trade Contractors | 9 | $1.8M | $205K | 2.3% |
| 445110 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 7 | $4.9M | $695K | 1.8% |
| 812112 | Beauty Salons | 7 | $2.8M | $393K | 1.8% |
| 484121 | General Freight Trucking, Long-Distance, Truckload | 7 | $5.4M | $773K | 1.8% |
Geographic Distribution
SBA lending activity for Idaho Central CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Idaho (ID) | 343 | $186.3M | 88.9% |
| Washington (WA) | 34 | $13.5M | 8.8% |
| Ohio (OH) | 1 | $3.2M | 0.3% |
| Montana (MT) | 1 | $2.4M | 0.3% |
| Oregon (OR) | 2 | $1.3M | 0.5% |
| Arizona (AZ) | 2 | $175K | 0.5% |
| Utah (UT) | 1 | $140K | 0.3% |
| Nevada (NV) | 2 | $35K | 0.5% |
Why Choose Idaho Central CU?
Based on SBA 7(a) lending track record from 2016-2025
- ✓Proven Track Record: 386 SBA loans approved, totaling $207.0M in financing
- ✓Industry Expertise: Specialized focus on Snack and Nonalcoholic Beverage Bars, Limited-Service Restaurants, Plumbing, Heating, and Air-Conditioning Contractors
- ✓Competitive Terms: Average interest rate of 8.45% with flexible term lengths averaging 124 months
- ✓Loan Range: Loan sizes from $8K to $4.9M, with an average of $536K
- ✓Nationwide Reach: Active lending in 8 states, with strong presence in ID, WA, NV
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 Idaho Central CU SBA lending
What types of businesses does Idaho Central CU typically finance?
Idaho Central CU specializes in SBA 7(a) lending to specific industries including snack and nonalcoholic beverage bars, limited-service restaurants, plumbing, heating, and air-conditioning contractors, full-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Idaho Central CU's typical SBA loan terms?
Idaho Central CU's SBA 7(a) loans typically feature an average interest rate of 8.45% and average term length of 124 months (approximately 10 years). Loan sizes range from $8K to $4.9M, with an average loan size of $536K.
Do I need a business valuation for a Idaho Central CU SBA loan?
Yes, Idaho Central CU 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 Idaho Central CU compare to other SBA lenders?
Idaho Central CU has originated 386 SBA loans totaling $207.0M since 2016. 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 Idaho Central CU lend in?
Idaho Central CU provides SBA 7(a) financing with particularly strong presence in ID, WA, NV, OR, AZ. 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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