Lender · SBA 7(a) record
The Bank of Commerce
ID · lends in 4 states · 140 SBA loans since 2010, 71 in the last five years.
How fast they approve. The Bank of Commerce leans on SBA Express (77% of its recent 7(a) loans) more than full Preferred Lender (PLP) authority (0%). Express is fast but caps at $500,000, so a larger loan may route through the SBA's slower general review — worth asking about up front. Why approval speed comes down to the lender.
What stands out about The Bank of Commerce
vs every other SBA lenderIt leans into one industry. 8% of The Bank of Commerce's loans go to support activities for animal production — roughly 467× the share you would expect, so it clearly knows that business.
The Bank of Commerce lives at the small end. Its median loan is just $161k, well under the $347k typical of SBA lenders — one of the banks genuinely willing to write small.
Its practical minimum of $23k is lower than most lenders will go; it looks at loans others wave off as too small.
This read is built from 71 funded 7(a) loans over the last five fiscal years; outside its core states the sample thins out, so weigh the rest accordingly.
Will they talk to you?
loan sizes fundedThe spread of loan sizes tells you where this lender is comfortable. Ask for something far outside it and expect friction.
Do they fund businesses like yours?
last 5 yearsA lender who already knows your industry asks better questions and closes faster. One who doesn't will treat your file as an education.
Takes on more risk than most banks
3.70% of their loan dollars have charged off, against 2.11% across all SBA lending. That is not a warning — if you have been turned down elsewhere, a lender with more appetite is exactly who you want. Expect to pay for it in rate.
What rate people got
median markup over primeThe median borrower here paid prime + 1.27%. Compare that against what you have been quoted — the markup is the negotiable part, and most borrowers never try.
Their loans, year by year
cumulative % of dollars charged off| Approved | Yr 1 | Yr 2 | Yr 3 | Yr 4 | Yr 5 | Yr 6 | Yr 7 | Yr 8 | Yr 9 | Yr 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.0 | · | · | · | · | · | · | · | · | · |
Each row is one year's lending. Read down a column to compare years at the same age — that is the only fair comparison, because losses take three to five years to appear and a fast-growing lender always looks clean on a raw average.
What this page cannot tell you
Federal records show what was approved, not how long it took, how the bank communicated, or whether your loan officer returned calls. Ask any lender directly: are you a preferred lender, how many deals like mine did you close last year, and who underwrites it.
Check your eligibility first → Decode what they say to you →
Lenders worth comparing against this one
Picked for writing loans of a similar size in similar places.
Common questions
Does The Bank of Commerce make SBA startup and acquisition loans?
Yes — its recent SBA 7(a) record includes 14 startups, 10 business acquisitions, 8 franchise loans. If your deal is one of these, it has funded that kind of loan many times before. See how it ranks for your exact deal.
What is the smallest SBA loan The Bank of Commerce will make?
Its practical minimum — the 5th percentile of what it has actually funded — is about $22,900, and the typical (median) The Bank of Commerce loan is $161,000. If your loan is well below its practical minimum, it is unlikely to be interested however strong your file.
What interest rate do The Bank of Commerce SBA borrowers get?
On variable-rate loans, recent The Bank of Commerce borrowers paid a median of prime + 1.27%. The markup over prime is the negotiable part of any SBA quote. Check a rate you have been quoted.
What states does The Bank of Commerce lend in?
Most of The Bank of Commerce's recent SBA lending is concentrated in Idaho, Utah, among 4 states in total. Compare lenders by state.