The Bank of Commerce
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The Bank of Commerce
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 484110 | General Freight Trucking, Local | 48 | $3.6M | $74K | 7.1% |
| 311340 | Nonchocolate Confectionery Manufacturing | 32 | $4.3M | $136K | 4.8% |
| 238990 | All Other Specialty Trade Contractors | 24 | $4.8M | $200K | 3.6% |
| 562998 | All Other Miscellaneous Waste Management Services | 24 | $886K | $37K | 3.6% |
| 812199 | Other Personal Care Services | 24 | $6.4M | $268K | 3.6% |
| 238320 | Painting and Wall Covering Contractors | 16 | $2.7M | $171K | 2.4% |
| 812112 | Beauty Salons | 16 | $3.5M | $216K | 2.4% |
| 561730 | Landscaping Services | 16 | $1.4M | $85K | 2.4% |
| 621610 | Home Health Care Services | 16 | $6.4M | $400K | 2.4% |
| 713940 | Fitness and Recreational Sports Centers | 16 | $3.2M | $198K | 2.4% |
Geographic Distribution
SBA lending activity for The Bank of Commerce by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Idaho (ID) | 600 | $138.7M | 89.3% |
| Utah (UT) | 56 | $13.7M | 8.3% |
| Arizona (AZ) | 8 | $3.6M | 1.2% |
| Montana (MT) | 8 | $2.5M | 1.2% |
Why Choose The Bank of Commerce?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 672 SBA loans approved, totaling $158.5M in financing
- ✓Industry Expertise: Specialized focus on General Freight Trucking, Local, Nonchocolate Confectionery Manufacturing, All Other Specialty Trade Contractors
- ✓Competitive Terms: Average interest rate of 7.57% with flexible term lengths averaging 99 months
- ✓Loan Range: Loan sizes from $8K to $4.0M, with an average of $236K
- ✓Nationwide Reach: Active lending in 4 states, with strong presence in ID, UT, MT
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 The Bank of Commerce SBA lending
What types of businesses does The Bank of Commerce typically finance?
The Bank of Commerce specializes in SBA 7(a) lending to specific industries including general freight trucking, local, nonchocolate confectionery manufacturing, all other specialty trade contractors, all other miscellaneous waste management services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The Bank of Commerce's typical SBA loan terms?
The Bank of Commerce's SBA 7(a) loans typically feature an average interest rate of 7.57% and average term length of 99 months (approximately 8 years). Loan sizes range from $8K to $4.0M, with an average loan size of $236K.
Do I need a business valuation for a The Bank of Commerce SBA loan?
Yes, The Bank of Commerce 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 The Bank of Commerce compare to other SBA lenders?
The Bank of Commerce has originated 672 SBA loans totaling $158.5M 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 The Bank of Commerce lend in?
The Bank of Commerce provides SBA 7(a) financing with particularly strong presence in ID, UT, MT, 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.
Get your certified valuation from Fair Market Value.