Mission Bank
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by Mission Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 88 | $72.6M | $825K | 10.3% |
| 722511 | Full-Service Restaurants | 64 | $26.0M | $406K | 7.5% |
| 713940 | Fitness and Recreational Sports Centers | 64 | $27.9M | $436K | 7.5% |
| 238210 | Electrical Contractors | 40 | $27.4M | $685K | 4.7% |
| 621512 | Diagnostic Imaging Centers | 32 | $28.6M | $894K | 3.7% |
| 531311 | Residential Property Managers | 32 | $10.3M | $321K | 3.7% |
| 445120 | Convenience Stores | 24 | $34.1M | $1.4M | 2.8% |
| 115113 | Crop Harvesting, Primarily by Machine | 24 | $8.4M | $350K | 2.8% |
| 238990 | All Other Specialty Trade Contractors | 24 | $16.2M | $676K | 2.8% |
| 424930 | Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers | 16 | $10.8M | $675K | 1.9% |
Geographic Distribution
SBA lending activity for Mission Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 848 | $614.2M | 99.1% |
| Arizona (AZ) | 8 | $26.8M | 0.9% |
Why Choose Mission Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 856 SBA loans approved, totaling $641.0M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Full-Service Restaurants, Fitness and Recreational Sports Centers
- ✓Competitive Terms: Average interest rate of 8.50% with flexible term lengths averaging 156 months
- ✓Loan Range: Loan sizes from $40K to $5.0M, with an average of $749K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in CA, AZ
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 Mission Bank SBA lending
What types of businesses does Mission Bank typically finance?
Mission Bank specializes in SBA 7(a) lending to specific industries including limited-service restaurants, full-service restaurants, fitness and recreational sports centers, electrical contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Mission Bank's typical SBA loan terms?
Mission Bank's SBA 7(a) loans typically feature an average interest rate of 8.50% and average term length of 156 months (approximately 13 years). Loan sizes range from $40K to $5.0M, with an average loan size of $749K.
Do I need a business valuation for a Mission Bank SBA loan?
Yes, Mission 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 Mission Bank compare to other SBA lenders?
Mission Bank has originated 856 SBA loans totaling $641.0M 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 Mission Bank lend in?
Mission Bank provides SBA 7(a) financing with particularly strong presence in CA, 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?
Professional valuations are often required for SBA loans over $250,000.
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