Top SBA Lenders in Idaho

SBA loans play a crucial role in providing financial assistance to entrepreneurs and small business owners. For those in Idaho seeking SBA loans, understanding the key players in the lending landscape is essential. Here’s a breakdown of the top SBA lenders in Idaho based on the number of loans, average loan amount, and average interest rates.

Idaho Preferred SBA Lenders

RankBankBank HQ# of Loans Avg Loan Avg Interest
1U.S. BankCincinnati, OH50 $134,528 7.2%
2Idaho Central CUChubbuck, ID39 $672,285 7.7%
3Bank of IdahoIdaho Falls, ID32 $542,256 7.3%
4Umpqua BankRoseburg, OR26 $110,604 6.7%
5DL Evans BankBurley, ID23 $121,648 6.6%
6Glacier BankKalispell, MT22 $201,795 6.2%
7Zions BankSalt Lake City, UT21 $173,190 8.4%
8Mountain America FCUSandy, UT16 $381,119 7.8%
9The Huntington National BankColumbus, OH14 $356,193 8.2%
10Washington Trust BankSpokane, WA14 $481,571 5.9%
11The Bank of CommerceIdaho Falls, ID13 $477,669 6.6%
12Wells FargoSioux Falls, SD10 $203,850 8.8%
13Banner BankWalla Walla, WA8 $206,375 5.7%
14Northwest BankBoise, ID8 $575,400 7.6%
15America First FCURiverdale, UT7 $1,122,114 6.4%
16First Interstate BankBillings, MT7 $1,064,543 5.6%
17BancorpSouth BankTupelo, MS6 $223,333 7.1%
18bankcdaCoeur D’Alene, ID6 $261,667 7.5%
19Celtic BankSalt Lake City, UT6 $761,667 7.9%
20Live OakWilmington, NC6 $1,672,500 6.3%
21Montana Community Development CorpMissoula, MT6 $167,167 9.5%
22BayFirst National BankSaint Petersburg, FL4 $122,750 9.3%
23BMO Harris BankChicago, IL4 $1,723,575 7.0%
24Citizens BankElizabethton, TN4 $1,723,550 6.7%
25KeyBankCleveland, OH4 $29,775 6.8%
26Newtek Small Business FinanceLake Success, NY4 $320,000 9.1%
27Numerica CUSpokane Valley, WA4 $326,650 6.2%
28Readycap Lending, LLCBerkeley Heights, NJ4 $126,750 7.4%
29Berkshire BankPittsfield, MA3 $972,333 6.3%

Top Industries for SBA loans in Idaho

RankIndustry# of Loans Avg Loan Avg Interest
1Full-Service Restaurants18 $730,439 6.9%
2Residential Remodelers13 $113,585 8.3%
3Snack and Nonalcoholic Beverage Bars11 $320,927 7.6%
4Electrical Contractors11 $175,182 7.0%
5All Other Specialty Trade Contractors10 $343,100 7.0%
6Limited-Service Restaurants10 $432,100 6.8%
7Site Preparation Contractors10 $139,120 7.4%
8General Automotive Repair8 $905,200 7.7%
9Other Personal Care Services8 $318,500 7.1%
10General Freight Trucking, Long Distance, Truckload7 $187,200 7.5%
11Offices of Physical, Occupational and Speech Therapists, and Audiologi7 $79,029 7.9%
12Offices of Lawyers7 $691,714 6.2%
13Landscaping Services6 $137,683 7.4%
14Mobile Food Services5 $81,200 5.8%
15Fitness and Recreational Sports Centers5 $298,420 8.7%
16All Other Amusement and Recreation Industries5 $313,440 8.3%
17Child Day Care Services5 $545,440 6.2%
18Plumbing, Heating, and Air-Conditioning Contractors5 $338,400 8.0%
19Offices of Physicians (except Mental Health Specialists)5 $924,420 5.9%
20Other Computer Related Services5 $98,200 6.9%
21Drinking Places (Alcoholic Beverages)4 $95,750 7.6%
22Drywall and Insulation Contractors4 $242,400 7.6%
23Framing Contractors4 $18,750 11.2%
24Residential Property Managers4 $48,000 7.6%
25Janitorial Services4 $785,000 7.3%
26Commercial and Industrial Machinery and Equipment (except Automotive a4 $97,000 6.4%
27Other Services to Buildings and Dwellings3 $515,133 6.8%
28Gift, Novelty, and Souvenir Stores3 $213,067 6.8%
29Water and Sewer Line and Related Structures Construction3 $237,067 5.8%
30Support Activities for Animal Production3 $521,167 7.5%
31Specialized Freight (except Used Goods) Trucking, Long-Distance3 $38,833 8.0%
32Sheet Metal Work Manufacturing3 $875,700 9.3%
33RV (Recreational Vehicle) Parks and Campgrounds3 $1,293,833 6.0%
34Painting and Wall Covering Contractors3 $20,333 7.3%
35Other Individual and Family Services3 $31,667 8.3%
36Other Commercial and Industrial Machinery and Equipment Rental and Lea3 $193,067 6.8%
37New Single-Family Housing Construction (except Operative Builders)3 $91,667 6.3%
38Insurance Agencies and Brokerages3 $150,833 5.3%
39Pet Care (except Veterinary) Services3 $326,333 7.6%
40Glass and Glazing Contractors3 $135,000 6.3%

Top SBA Loan Franchises in Idaho

RankFranchiseName# of Loans Avg Loan Avg Interest
1IFOAM2 $336,800 7.3%
2Jiffy Lube2 $1,031,500 8.0%
3Keyrenter Property Management2 $90,000 8.3%
4Fit Body Boot Camp2 $120,000 9.8%
5ServiceMaster2 $470,000 6.8%

Top Idaho SBA Loan Borrowers by Jobs Supported

RankBusinessLocationIndustry Loan Size Interest Rate Jobs
1D&W INVESTMENTS 401 LLCNampa, IDResidential Mental Health and Substance Abuse Facilities $1M – $2.5M 9.8%240
2ERH LLCNampa, IDCommercial and Institutional Building Construction $250K – $500K 5.8%105
3DANG LLCHailey, IDFull-Service Restaurants $500K – $1M 8.5%98
4P & B CONTRACTORS LLCBoise, IDAll Other Specialty Trade Contractors $250K – $500K 7.9%76
5MALLORY HOLDINGS LLCMeridian, IDLessors of Nonresidential Buildings (except Miniwarehouses) $1M – $2.5M 7.0%76
6DUTCHLOVE LLCDalton Gardens, IDSnack and Nonalcoholic Beverage Bars $250K – $500K 8.0%75
7WHGR5 LLCBoise, IDFull-Service Restaurants $2.5M – $5M 8.3%75
8CRAFT LOUNGE L.L.C.Nampa, IDDrinking Places (Alcoholic Beverages) $250K or less 8.5%64
9BULLY EXCAVATION LLCMeridian, IDSite Preparation Contractors $250K – $500K 5.3%58
10SUN VALLEY BRONZE INC.Carey, IDHardware Manufacturing $500K – $1M 4.7%58
11NORWEST MANUFACTURING EQUIPMENRupert, IDFarm Machinery and Equipment Manufacturing $1M – $2.5M 7.1%57
12TREES COMPANY LLCNampa, IDSnack and Nonalcoholic Beverage Bars $500K – $1M 8.5%52
13FILO LOCAL CREW INCNampa, IDCivic and Social Organizations $250K or less 7.0%50
14NUCLEANE LLCPocatello, IDJanitorial Services $250K or less 7.0%45
15HOMETOWN MEDICAL STAFFING LLCParma, IDEmployment Placement Agencies $250K or less 9.5%45
16LOCKING HORNS RIVERSIDE LLCHorseshoe Bend, IDFull-Service Restaurants $250K or less 5.6%42
17BMEXPC LLCMeridian, IDFull-Service Restaurants $250K or less 8.3%42
18MERIDIAN FENCE LLCMeridian, IDLessors of Other Real Estate Property $250K – $500K 7.0%42
19ANDREY LESKOVETSNampa, IDGeneral Freight Trucking, Long Distance, Truckload $500K – $1M 6.0%40
20NAM & PARK ENTERPRISE INCAshton, IDSupermarkets and Other Grocery (except Convenience) Stores $1M – $2.5M 4.5%40
21WORRY FREE INC.Boise, IDHardware Manufacturing $250K or less 9.0%39
22INTERMOUNTAIN RECREATION LLCRiggins, IDAll Other Amusement and Recreation Industries $250K or less 6.5%36
23RAMBOW BOWL AND GRILL INC.Homedale, IDFull-Service Restaurants $250K – $500K 5.3%36
24CAVE CAPITAL LLCBoise, IDOther Commercial and Industrial Machinery and Equipment Rental and Lea $500K – $1M 8.5%35
25IDAHO SAWTOOTH WOOD PRODUCTSBellevue, IDAll Other Specialty Trade Contractors $500K – $1M 7.2%34
26CIRQUE LUBE CORPPocatello, IDAutomotive Oil Change and Lubrication Shops $250K or less 8.8%32
27CIRQUE LUBE CORPBlackfoot, IDAutomotive Oil Change and Lubrication Shops $1M – $2.5M 7.3%32
28STAR WOODFIRED LLCStar, IDFull-Service Restaurants $250K – $500K 6.3%31
29THE BIRDSONG GROUP LLCMeridian, IDSnack and Nonalcoholic Beverage Bars $250K – $500K 8.3%30
30DJMOREY INC.Hayden, IDFull-Service Restaurants $500K – $1M 5.0%30
31URBN PIZZACoeur D Alene, IDFull-Service Restaurants $1M – $2.5M 5.5%30
32BIG J’S INCSaint Anthony, IDFull-Service Restaurants $250K – $500K 6.3%29
33DONK ENTERPRISES LLCBoise, IDSnack and Nonalcoholic Beverage Bars $250K or less 7.5%28
34J&D HOUTS LLCIdaho Falls, IDRemediation Services $250K – $500K 6.8%28
35CASA MARIAGarden City, IDFull-Service Restaurants $250K or less 9.5%27
36SPARTAN STEEL LLCPocatello, IDAll Other Miscellaneous Fabricated Metal Product Manufacturing $250K – $500K 7.0%27
37EAST WALKER RIVER WOOD COMPANYPocatello, IDSnack and Nonalcoholic Beverage Bars $250K – $500K 9.8%27
38LITTLE CREEK COFFEE LLCPocatello, IDSnack and Nonalcoholic Beverage Bars $500K – $1M 5.5%27
39ELECTRICAL EQUIPMENT LLC.Idaho Falls, IDElectrical Contractors $250K – $500K 6.5%26
40THE SHED IDAHO LLCBoise, IDFull-Service Restaurants $500K – $1M 9.0%26
41JAPIPEN ENTERPRISES LLCBoise, IDAll Other Amusement and Recreation Industries $1M – $2.5M 9.0%26
42C & T DANCE LLCBoise, IDDance Companies $2.5M – $5M 7.3%25
43TITAN FITNESS LLCEagle, IDAll Other Personal Services $250K – $500K 6.0%24
44X FACTOR INVESTMENTS LLCPocatello, IDLimited-Service Restaurants $500K – $1M 8.3%24
45AWA INVESTMENTS LLCPocatello, IDLimited-Service Restaurants $1M – $2.5M 7.5%24
46SPEK DIAGNOSTICS INCGarden City, IDMedical Laboratories $1M – $2.5M 9.0%24
47MARLEY BOY LLCEagle, ID $250K or less 6.3%22
48MARIPOSA DAY SPA LLCMeridian, IDNail Salons $250K – $500K 7.5%22
49SHAVE AND A HAIR CUT INCEmmett, IDLimited-Service Restaurants $500K – $1M 5.5%22
50SHIFT BOUTIQUE LLCCaldwell, ID $500K – $1M 4.8%22
51COLE ARCHITECTS PLLCBoise, IDArchitectural Services $500K – $1M 1.8%22
52SPLASH WINES INC.Eagle, ID $2.5M – $5M 8.3%22
53ECOMOW IDAHO LLCMeridian, IDLandscaping Services $250K or less 13.5%21
54GWL INVESTMENTS L.L.C.Chubbuck, IDSnack and Nonalcoholic Beverage Bars $250K or less 6.3%21
55TRIPLE M ELECTRIC LLCTwin Falls, IDElectrical Contractors $250K or less 6.0%21
56OCTOBER TWENTY-ONE LLCEagle, IDFitness and Recreational Sports Centers $250K – $500K 8.5%21
57BROW TINE LLCSalmon, IDFull-Service Restaurants $500K – $1M 5.8%21
58KRB HOLDINGS LLCEagle, IDResidential Property Managers $250K or less 8.3%20
59LITTLE SPROUTS OF IDAHO CHILDCBoise, IDChild Day Care Services $250K or less 7.9%20
60ROADHOUSE SALOON LLCIdaho Falls, IDDrinking Places (Alcoholic Beverages) $250K – $500K 5.8%20
61IDAHO LEGACY LLCTwin Falls, IDFuneral Homes and Funeral Services $250K – $500K 4.5%20
62MERITEN LLCMeridian, IDLimited-Service Restaurants $250K – $500K 7.5%20
63CRASH-COYOTE LLCKuna, IDLimited-Service Restaurants $250K – $500K 6.8%20
64MINIC VENTURES LLC.Boise, IDComputer Systems Design Services $250K – $500K 6.4%20
65KONALA LLCPost Falls, IDFull-Service Restaurants $1M – $2.5M 8.0%20
66LEYNGOLD INSTITUTE FOR PLASTICMeridian, IDOffices of Physicians (except Mental Health Specialists) $250K or less 4.5%19
67GRANITE PEAK SMELTING COMPANYMccall, ID $500K – $1M 6.3%19
68DWZ TECHNOLOGIES LLCEagle, IDElectrical Contractors $250K or less 6.8%18
69SKOUSEN MANUFACTURING LIMITEDIdaho Falls, IDFarm Machinery and Equipment Manufacturing $250K or less 5.5%18
70LIBERTY LANDWORKS LLCRathdrum, IDSite Preparation Contractors $250K – $500K 9.3%18
71PRODUCTION TECHNOLOGIES INCPreston, IDIron and Steel Pipe and Tube Manufacturing from Purchased Steel $250K – $500K 5.3%18
72BLACKROCK DENTALPocatello, IDOffices of Dentists $1M – $2.5M 8.0%18
73OCEANIC HAILEY ID LPHailey, IDHotels (except Casino Hotels) and Motels $2.5M – $5M 4.5%18
74COMPOTITE HOLDINGS LLCShelley, IDNonresidential Property Managers $2.5M – $5M 6.0%17
75C&S ARTISANS INCPinehurst, IDResidential Remodelers $250K or less 8.2%16
76J. BARTON CONSTRUCTION LLCMoscow, IDResidential Remodelers $250K or less 9.8%16
77TRI JB CORP.Boise, IDRoofing Contractors $250K or less 4.8%16
78HOBBS BUILDERS LLCKetchum, IDNew Single-Family Housing Construction (except Operative Builders) $250K or less 6.8%16
79APPLE TOAST HOSPITALITY LLCBoise, IDSnack and Nonalcoholic Beverage Bars $250K or less 9.3%16
80BRITTJOSH HOME INCEagle, IDGift, Novelty, and Souvenir Stores $250K – $500K 7.9%16
81RIVERVIEW GROUP LLCMeridian, IDOffices of All Other Miscellaneous Health Practitioners $250K – $500K 9.8%16
82STAR BBQ LLCStar, IDLimited-Service Restaurants $500K – $1M 6.8%16
833BW LLCChallis, IDCement Manufacturing $500K – $1M 6.0%16
84K&D TRANSPORTATION SERVICES INHamer, IDCouriers $500K – $1M 7.3%16
85HOMESTEAD SUPPLY INC.Glenns Ferry, ID $500K – $1M 10.0%16
86BLUSKY INC.Boise, IDCouriers $500K – $1M 8.3%16
87BFIG03 LLCBoise, ID $500K – $1M 7.5%15
88CHARLES JEM LLC.Boise, IDLessors of Other Real Estate Property $1M – $2.5M 7.5%15
89JBL COMPANY LLCNampa, IDSheet Metal Work Manufacturing $1M – $2.5M 8.5%15
90PUCCIS LLCSandpoint, IDDrinking Places (Alcoholic Beverages) $250K or less 9.5%14
91RIA FOX INCMeridian, IDOther Computer Related Services $250K or less 9.1%14
92DANNY’S TIRE SHOP LLCSaint Anthony, ID $250K – $500K 7.3%14
93KAT CORPHayden, IDFull-Service Restaurants $500K – $1M 5.5%14
94JANIROC FITNESS LLCEagle, IDOther Personal Care Services $500K – $1M 8.8%14
95CORNERSTONE PROJECT INC.Meridian, IDOther Building Material Dealers $500K – $1M 6.0%14
96DOSS ENTERPRISES LLCMeridian, IDOther Services to Buildings and Dwellings $500K – $1M 6.3%14
97ARCADIA BURLEY LLCBurley, IDOther Activities Related to Real Estate $1M – $2.5M 7.5%14
98PEND OREILLE MECHANICAL INC.Sandpoint, IDPlumbing, Heating, and Air-Conditioning Contractors $250K or less 6.8%13
99ELECTRIC SUN TANNING LLCCaldwell, IDOther Personal Care Services $250K or less 7.3%13
100PEND OREILLE MECHANICAL INCSandpoint, IDPlumbing, Heating, and Air-Conditioning Contractors $250K – $500K 6.0%13

Note about SBA lenders near me in Idaho

When it comes to top Idaho SBA lenders, it’s a common inquiry whether any of the listed banks are 1) included in the Idaho preferred lender list, 2) approved lenders in Idaho, or 3) active participants in the Idaho SBA Express lending program. These queries center around the ability of a given SBA bank to facilitate small business SBA loans in Idaho swiftly. The answer is an unequivocal yes. These aren’t your run-of-the-mill banks making only a handful of SBA loans annually; these are institutions well-versed in the intricacies of the SBA 7(a) loan program. They stand out as the top performers in Idaho, as evidenced by our thorough analysis of thousands of SBA loans each year, leading us to rank lenders based on recent activity.

It’s crucial to note that while some banks may limit their lending to specific regions, there exist a select few highly assertive nationwide SBA lenders that operate nationally. These lenders possess a profound understanding of the SBA program and execute transactions with remarkable speed. Therefore, we advise against restricting your search solely to your home state. Our lender match tool proves invaluable in this regard. By utilizing it, we can identify suitable SBA banks tailored to your specific needs, be it geography, industry, company size, all at no cost or obligation to you. This service aims to save you valuable time and ensure a seamless SBA loan process.