Best SBA Lenders in Idaho Falls, ID (2026)
2025 FOIA data: top lenders, rates & industries for Idaho Falls SBA loans
SBA Loans in Idaho Falls, Idaho
Looking for an SBA loan in Idaho Falls, Idaho? Based on 2025 FOIA data, 68 SBA 7(a) loans were funded in Idaho Falls totaling $16.9M, supporting an estimated 648 jobs. With 15 active lenders competing for business in the Idaho Falls market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Idaho Falls is $249K at an average rate of 10.78%. The top lender in Idaho Falls is Mountain America FCU, with the most-funded industry being All Other Specialty Trade Contractors. See all Idaho SBA lenders for statewide rankings.
SBA Loans in Idaho Falls by Business Type
Whether you’re starting a new business in Idaho Falls, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 11% of SBA loans in Idaho Falls (12 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 1% (2 loans) — if you’re looking to buy a business in Idaho Falls, this is a proven use case for SBA financing. Existing businesses make up 74% and typically receive the most favorable terms.
Top SBA Lenders in Idaho Falls, ID (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Idaho Falls businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Mountain America FCU | $4.1M | 5 | 11.75% |
| 2 | Newtek Bank, National Association | $3.8M | 4 | 10.62% |
| 3 | Zions Bank, A Division of | $2.4M | 31 | 11.07% |
| 4 | US Metro Bank | $1.5M | 1 | 9% |
| 5 | The Bank of Commerce | $1.3M | 4 | 8.5% |
| 6 | Idaho Central CU | $1.1M | 6 | 10.5% |
| 7 | Northeast Bank | $897K | 5 | 11.4% |
| 8 | Glacier Bank | $520K | 4 | 9.12% |
| 9 | Readycap Lending, LLC | $500K | 1 | 10.75% |
| 10 | The Huntington National Bank | $395K | 2 | 10.25% |
The top lenders in Idaho Falls have direct experience with local businesses and understand the Idaho Falls market — commercial real estate values, local industry dynamics, and regional economic conditions. Pay attention to the “Avg Rate” column, as rates vary significantly between lenders. A 0.5-1.0% rate difference on a $500K loan translates to $15,000-$30,000 in savings over the life of the loan.
Don’t limit your search to banks listed above — many national SBA lenders also fund loans in Idaho Falls and may offer better rates. An SBA loan broker like GoSBA gives you access to both local and national lenders with one application.
Get Matched with the Best SBA Lender in Idaho Falls
One 5-minute application. 15+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Idaho Falls
These are the industries that received the most SBA 7(a) funding in Idaho Falls in 2025. If your business is in one of these sectors, lenders are already familiar with your business model and may offer faster approvals:
| Industry | Loans | Volume |
|---|---|---|
| All Other Specialty Trade Contractors | 5 | $4.4M |
| Limited-Service Restaurants | 3 | $2.9M |
| Hotels (except Casino Hotels) and Motels | 1 | $1.5M |
| Snack and Nonalcoholic Beverage Bars | 4 | $937K |
| Industrial Launderers | 1 | $660K |
| Leather and Hide Tanning and Finishing | 1 | $573K |
| Offices of Other Holding Companies | 1 | $500K |
| Meat and Meat Product Merchant Wholesalers | 1 | $460K |
| Residential Remodelers | 3 | $425K |
| Other Personal Care Services | 2 | $350K |
Lenders with experience funding your specific industry in Idaho Falls understand the local competitive landscape, typical revenue ranges, and seasonal patterns. This familiarity often translates to faster underwriting and more competitive terms. If your industry doesn’t appear above, SBA loans are available for nearly every legal business type — an SBA broker can match you with lenders who specialize in your sector.
How to Get an SBA Loan in Idaho Falls
Option 1: Apply directly to one of the top Idaho Falls lenders listed above. You’ll receive a single quote from one bank.
Option 2: Use an SBA loan broker (recommended). GoSBA Loans submits your application to multiple Idaho Falls-active lenders and national SBA lenders simultaneously. More offers means better rates, faster approvals, and zero cost to you — lenders pay the broker fee.
Frequently Asked Questions
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Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
