Jonah Bank of Wyoming
SBA 7(a) Lending Profile · FY 2022 analysis
Industry Focus
Top industries served by Jonah Bank of Wyoming
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 16 | $1.2M | $72K | 22.2% |
| 524210 | Insurance Agencies and Brokerages | 8 | $200K | $25K | 11.1% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 8 | $288K | $36K | 11.1% |
| 311811 | Retail Bakeries | 8 | $1.4M | $179K | 11.1% |
| 238990 | All Other Specialty Trade Contractors | 8 | $1.9M | $244K | 11.1% |
| 713950 | Bowling Centers | 8 | $4.6M | $575K | 11.1% |
| 713940 | Fitness and Recreational Sports Centers | 8 | $1.8M | $225K | 11.1% |
| 541990 | All Other Professional, Scientific, and Technical Services | 8 | $384K | $48K | 11.1% |
Geographic Distribution
SBA lending activity for Jonah Bank of Wyoming by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wyoming (WY) | 64 | $10.0M | 88.9% |
| Colorado (CO) | 8 | $1.8M | 11.1% |
Why Choose Jonah Bank of Wyoming?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 72 SBA loans approved, totaling $11.8M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Insurance Agencies and Brokerages, Snack and Nonalcoholic Beverage Bars
- ✓Competitive Terms: Average interest rate of 6.71% with flexible term lengths averaging 79 months
- ✓Loan Range: Loan sizes from $25K to $575K, with an average of $164K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in WY, 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 Jonah Bank of Wyoming SBA lending
What types of businesses does Jonah Bank of Wyoming typically finance?
Jonah Bank of Wyoming specializes in SBA 7(a) lending to specific industries including limited-service restaurants, insurance agencies and brokerages, snack and nonalcoholic beverage bars, retail bakeries. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Jonah Bank of Wyoming's typical SBA loan terms?
Jonah Bank of Wyoming's SBA 7(a) loans typically feature an average interest rate of 6.71% and average term length of 79 months (approximately 7 years). Loan sizes range from $25K to $575K, with an average loan size of $164K.
Do I need a business valuation for a Jonah Bank of Wyoming SBA loan?
Yes, Jonah Bank of Wyoming 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 Jonah Bank of Wyoming compare to other SBA lenders?
Jonah Bank of Wyoming has originated 72 SBA loans totaling $11.8M 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 Jonah Bank of Wyoming lend in?
Jonah Bank of Wyoming provides SBA 7(a) financing with particularly strong presence in WY, CO. 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.