A few Idaho-based banks were among the largest lenders to “The Gem State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a restaurant, auto repair, medical practice, veterinary or hotel, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top 10 SBA Lenders in Idaho:
| State Rank | Bank | Headquarters | # Loans | Avg Loan | Avg Int |
|---|---|---|---|---|---|
| 1 | Zions Bank | Salt Lake City, UT | 109 | $109,921 | 8.1% |
| 2 | DL Evans Bank | Burley, ID | 72 | $93,728 | 5.8% |
| 3 | Glacier Bank | Kalispell, MT | 68 | $404,932 | 5.9% |
| 4 | Idaho Central CU | Chubbuck, ID | 58 | $203,755 | 6.1% |
| 5 | Wells Fargo | Sioux Falls, SD | 54 | $242,898 | 8.2% |
| 6 | Washington Trust Bank | Spokane, WA | 42 | $333,586 | 6.1% |
| 7 | U.S. Bank | Cincinnati, OH | 38 | $169,582 | 8.2% |
| 8 | Idaho First Bank | Mccall, ID | 28 | $119,382 | 6.1% |
| 9 | Banner Bank | Walla Walla, WA | 27 | $100,659 | 6.3% |
| 10 | Northwest Bank | Boise, ID | 20 | $421,600 | 6.6% |
| 11 | KeyBank | Cleveland, OH | 16 | $211,481 | 6.5% |
| 12 | Mountain America FCU | West Jordan, UT | 16 | $317,150 | 6.7% |
| 13 | Live Oak | Wilmington, NC | 15 | $1,206,667 | 6.2% |
| 14 | Montana Community Development Corp | Missoula, MT | 15 | $145,880 | 8.8% |
| 15 | JPMorgan Chase Bank | Columbus, OH | 11 | $154,209 | 7.3% |
| 16 | Sunwest Bank | Irvine, CA | 9 | $82,022 | 6.1% |
| 17 | Bank of the West | San Francisco, CA | 8 | $416,700 | 5.5% |
| 18 | First Home Bank | Seminole, FL | 8 | $249,375 | 6.7% |
| 19 | The Bank of Commerce | Idaho Falls, ID | 8 | $349,600 | 6.2% |
| 20 | Celtic Bank | Salt Lake City, UT | 6 | $1,689,217 | 6.5% |