Last annual update:
Note: On March 31 the Treasury and SBA released important information regarding CARES Act SBA 7(a) loans. We encourage you to read our blog post and act quickly.
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 SBA Lenders in Idaho:
| State Rank | Bank | Headquarters | # Loans | Avg Loan | Avg Int |
|---|---|---|---|---|---|
| 1 | U.S. Bank | Cincinnati, OH | 110 | $145,209 | 7.9% |
| 2 | Zions Bank | Salt Lake City, UT | 57 | $91,625 | 9.1% |
| 3 | Wells Fargo | Sioux Falls, SD | 32 | $291,856 | 9.5% |
| 4 | Glacier Bank | Kalispell, MT | 31 | $133,003 | 7.0% |
| 5 | DL Evans Bank | Burley, ID | 31 | $102,216 | 6.7% |
| 6 | Washington Trust Bank | Spokane, WA | 22 | $620,173 | 6.1% |
| 7 | Columbia State Bank | Tacoma, WA | 20 | $180,265 | 7.7% |
| 8 | Northwest Bank | Boise, ID | 19 | $380,974 | 7.6% |
| 9 | United Midwest Savings Bank | De Graff, OH | 18 | $115,556 | 8.1% |
| 10 | Banner Bank | Walla Walla, WA | 14 | $87,393 | 7.1% |
| 11 | Mountain America FCU | Sandy, UT | 13 | $279,838 | 7.3% |
| 12 | Idaho First Bank | Mccall, ID | 12 | $209,258 | 7.3% |