The Bank of Commerce

ID

SBA-approved lender offering 7 loan programs across 4 industries.

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Key Metrics

Interest Rate

7.80%

1.05% over prime

Average Loan

$187K

Per approval

Total Approvals

18

FY 2025

Loan Programs (7)

Change of Ownership
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business
SBA Express Program
7a General
Asset Base Working Capital Line (CAPLine)

Industries Served (4)

All Other Specialty Trade ContractorsGeneral Freight Trucking, LocalMobile Food ServicesSupport Activities for Forestry

Additional Details

Prime Rate
6.75%
Rate Over Prime
1.05%
Effective Rate
7.80%
Fiscal Year
2025
States Served
ID

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