Northwest Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Northwest Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 139 | $54.0M | $389K | 4.8% |
| 722513 | Limited-Service Restaurants | 105 | $35.2M | $335K | 3.6% |
| 621210 | Offices of Dentists | 98 | $58.7M | $599K | 3.4% |
| 624410 | Child Care Services | 55 | $17.3M | $315K | 1.9% |
| 713940 | Fitness and Recreational Sports Centers | 54 | $13.9M | $257K | 1.9% |
| 561730 | Landscaping Services | 50 | $13.6M | $271K | 1.7% |
| 812112 | Beauty Salons | 43 | $5.9M | $138K | 1.5% |
| 722410 | Drinking Places (Alcoholic Beverages) | 40 | $9.7M | $241K | 1.4% |
| 238990 | All Other Specialty Trade Contractors | 34 | $12.0M | $353K | 1.2% |
| 621310 | Offices of Chiropractors | 34 | $4.9M | $145K | 1.2% |
Geographic Distribution
SBA lending activity for Northwest Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Ohio (OH) | 707 | $202.9M | 24.5% |
| Washington (WA) | 251 | $186.5M | 8.7% |
| Pennsylvania (PA) | 558 | $135.9M | 19.3% |
| Iowa (IA) | 353 | $90.0M | 12.2% |
| New York (NY) | 309 | $56.8M | 10.7% |
| Idaho (ID) | 116 | $55.9M | 4.0% |
| Nebraska (NE) | 184 | $41.5M | 6.4% |
| Oregon (OR) | 62 | $40.3M | 2.1% |
| Indiana (IN) | 112 | $39.5M | 3.9% |
| Utah (UT) | 53 | $34.3M | 1.8% |
| Michigan (MI) | 22 | $23.8M | 0.8% |
| Massachusetts (MA) | 16 | $22.5M | 0.6% |
| Florida (FL) | 22 | $18.5M | 0.8% |
| New Hampshire (NH) | 8 | $10.8M | 0.3% |
| Colorado (CO) | 21 | $10.6M | 0.7% |
| Texas (TX) | 12 | $7.3M | 0.4% |
| New Jersey (NJ) | 2 | $6.6M | 0.1% |
| Virginia (VA) | 6 | $5.9M | 0.2% |
| West Virginia (WV) | 9 | $5.8M | 0.3% |
| North Carolina (NC) | 10 | $5.4M | 0.3% |
| Illinois (IL) | 7 | $5.3M | 0.2% |
| Louisiana (LA) | 2 | $5.0M | 0.1% |
| Kansas (KS) | 1 | $5.0M | 0.0% |
| Wyoming (WY) | 1 | $5.0M | 0.0% |
| California (CA) | 2 | $3.8M | 0.1% |
| Oklahoma (OK) | 3 | $3.3M | 0.1% |
| Tennessee (TN) | 2 | $3.1M | 0.1% |
| Maine (ME) | 2 | $2.7M | 0.1% |
| Arizona (AZ) | 2 | $2.3M | 0.1% |
| Georgia (GA) | 2 | $2.2M | 0.1% |
| Maryland (MD) | 5 | $1.5M | 0.2% |
| Wisconsin (WI) | 2 | $1.5M | 0.1% |
| Minnesota (MN) | 2 | $1.3M | 0.1% |
| South Dakota (SD) | 3 | $1.2M | 0.1% |
| Connecticut (CT) | 2 | $1.2M | 0.1% |
| Kentucky (KY) | 2 | $1.2M | 0.1% |
| Missouri (MO) | 5 | $814K | 0.2% |
| Montana (MT) | 2 | $640K | 0.1% |
| North Dakota (ND) | 2 | $240K | 0.1% |
| South Carolina (SC) | 2 | $125K | 0.1% |
Why Choose Northwest Bank?
Based on SBA 7(a) lending track record from 1991-2025
- ✓Proven Track Record: 2,884 SBA loans approved, totaling $1.05B in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Limited-Service Restaurants, Offices of Dentists
- ✓Competitive Terms: Average interest rate of 7.37% with flexible term lengths averaging 118 months
- ✓Loan Range: Loan sizes from $5K to $5.0M, with an average of $363K
- ✓Nationwide Reach: Active lending in 40 states, with strong presence in OH, PA, IA
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 Northwest Bank SBA lending
What types of businesses does Northwest Bank typically finance?
Northwest Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, limited-service restaurants, offices of dentists, child care services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Northwest Bank's typical SBA loan terms?
Northwest Bank's SBA 7(a) loans typically feature an average interest rate of 7.37% and average term length of 118 months (approximately 10 years). Loan sizes range from $5K to $5.0M, with an average loan size of $363K.
Do I need a business valuation for a Northwest Bank SBA loan?
Yes, Northwest 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 Northwest Bank compare to other SBA lenders?
Northwest Bank has originated 2,884 SBA loans totaling $1.05B since 1991. 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 Northwest Bank lend in?
Northwest Bank provides SBA 7(a) financing with particularly strong presence in OH, PA, IA, NY, WA. 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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Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
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