Western State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Western State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 24 | $14.0M | $585K | 22.4% |
| 713940 | Fitness and Recreational Sports Centers | 5 | $2.8M | $553K | 4.7% |
| 713950 | Bowling Centers | 4 | $1.6M | $401K | 3.7% |
| 713990 | All Other Amusement and Recreation Industries | 4 | $9.8M | $2.5M | 3.7% |
| 722511 | Full-Service Restaurants | 3 | $737K | $246K | 2.8% |
| 812990 | All Other Personal Services | 3 | $454K | $151K | 2.8% |
| 721211 | RV (Recreational Vehicle) Parks and Campgrounds | 2 | $142K | $71K | 1.9% |
| 115114 | Postharvest Crop Activities (except Cotton Ginning) | 2 | $890K | $445K | 1.9% |
| 811122 | Automotive Glass Replacement Shops | 2 | $214K | $107K | 1.9% |
| 238160 | Roofing Contractors | 2 | $272K | $136K | 1.9% |
Geographic Distribution
SBA lending activity for Western State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| North Dakota (ND) | 54 | $12.3M | 50.5% |
| Arizona (AZ) | 7 | $8.4M | 6.5% |
| California (CA) | 8 | $4.8M | 7.5% |
| Michigan (MI) | 6 | $3.9M | 5.6% |
| Florida (FL) | 6 | $3.8M | 5.6% |
| Oklahoma (OK) | 1 | $3.8M | 0.9% |
| Washington (WA) | 1 | $3.5M | 0.9% |
| Massachusetts (MA) | 1 | $2.5M | 0.9% |
| Indiana (IN) | 4 | $1.6M | 3.7% |
| Wisconsin (WI) | 4 | $1.6M | 3.7% |
| Illinois (IL) | 2 | $1.4M | 1.9% |
| New York (NY) | 2 | $575K | 1.9% |
| Missouri (MO) | 1 | $497K | 0.9% |
| Texas (TX) | 1 | $475K | 0.9% |
| South Dakota (SD) | 1 | $435K | 0.9% |
| South Carolina (SC) | 2 | $402K | 1.9% |
| Ohio (OH) | 1 | $279K | 0.9% |
| Tennessee (TN) | 1 | $256K | 0.9% |
| Nevada (NV) | 1 | $238K | 0.9% |
| Minnesota (MN) | 1 | $177K | 0.9% |
| North Carolina (NC) | 1 | $150K | 0.9% |
| Georgia (GA) | 1 | $150K | 0.9% |
Why Choose Western State Bank?
Based on SBA 7(a) lending track record from 1992-2025
- ✓Proven Track Record: 107 SBA loans approved, totaling $51.2M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Fitness and Recreational Sports Centers, Bowling Centers
- ✓Competitive Terms: Average interest rate of 7.24% with flexible term lengths averaging 109 months
- ✓Loan Range: Loan sizes from $30K to $3.8M, with an average of $478K
- ✓Nationwide Reach: Active lending in 22 states, with strong presence in ND, 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 Western State Bank SBA lending
What types of businesses does Western State Bank typically finance?
Western State Bank specializes in SBA 7(a) lending to specific industries including limited-service restaurants, fitness and recreational sports centers, bowling centers, all other amusement and recreation industries. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Western State Bank's typical SBA loan terms?
Western State Bank's SBA 7(a) loans typically feature an average interest rate of 7.24% and average term length of 109 months (approximately 9 years). Loan sizes range from $30K to $3.8M, with an average loan size of $478K.
Do I need a business valuation for a Western State Bank SBA loan?
Yes, Western State 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 Western State Bank compare to other SBA lenders?
Western State Bank has originated 107 SBA loans totaling $51.2M since 1992. 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 Western State Bank lend in?
Western State Bank provides SBA 7(a) financing with particularly strong presence in ND, CA, AZ, FL, MI. 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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