Best Idaho SBA Lenders & Rates (2026)
2025 FOIA data: top lenders, rates, industries & loan types in Idaho
SBA Loans in Idaho
Idaho businesses received $289.9M in SBA 7(a) loan approvals across 811 businesses in 2025, supporting 6,267 jobs. With 74 active SBA lenders competing for business in Idaho, comparing offers is essential — rates vary significantly by lender.
The average SBA loan in Idaho is $358K at 10.36%, which is 0.04% above the national average of 10.32%. The top lender in Idaho is Idaho Central CU, with the most-funded industry being Landscaping Services.
SBA Loans in Idaho by Business Type
Whether you’re starting a business, buying one, or expanding an existing operation in Idaho, here’s how SBA lending breaks down:
Startups represent 17% of Idaho SBA loans (124 loans totaling $48.4M). Business acquisitions (change of ownership) account for 22% (60 loans, $64.5M). Existing businesses make up the largest share at 43% (459 loans). If you’re buying a business in Idaho, acquisitions are a well-established use case for SBA 7(a) loans.
Idaho vs. National Average
How does Idaho’s SBA lending market compare to the national average in 2025?
Idaho10.36%
National Avg10.32%
Idaho’s avg rate is 0.04% higher than the national average
Idaho$358K
National Avg$478K
Idaho’s avg loan is 0.7x the national average
A rate higher than the national average of 10.32% is significant context for Idaho borrowers. Individual rates depend on your credit profile, deal structure, loan size, and the specific lender you work with — which is why comparing multiple offers from different banks is consistently the best strategy to get the lowest possible rate on your SBA loan.
Top SBA Lenders in Idaho (2025 Data)
The table below ranks every SBA 7(a) lender active in Idaho in 2025 by total dollar volume approved. This data comes directly from SBA FOIA records and represents actual funded loans — not pre-qualifications or applications received.
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Idaho Central CU | $45.8M | 86 | 10.06% |
| 2 | Zions Bank, A Division of | $22.0M | 178 | 10.75% |
| 3 | Live Oak Banking Company | $17.6M | 9 | 8.93% |
| 4 | America First FCU | $14.7M | 8 | 7.47% |
| 5 | First Savings Bank | $14.1M | 14 | 9.86% |
| 6 | U.S. Bank, National Association | $12.7M | 57 | 9.98% |
| 7 | The Huntington National Bank | $11.8M | 20 | 9.88% |
| 8 | First Bank of the Lake | $10.3M | 3 | 9.08% |
| 9 | Washington Trust Bank | $10.2M | 13 | 8.25% |
| 10 | Newtek Bank, National Association | $9.6M | 20 | 10.89% |
| 11 | Mountain America FCU | $9.2M | 37 | 11.42% |
| 12 | MISSINGMAINBANKID | $6.0M | 6 | 9.95% |
| 13 | Southwestern National Bank | $5.2M | 3 | 8.83% |
| 14 | 1st Financial Bank USA | $5.0M | 1 | 8.5% |
| 15 | Glacier Bank | $5.0M | 31 | 9.06% |
Pay close attention to the “Avg Rate” column — rates vary significantly between lenders operating in the same state. The spread between the lowest and highest rate in this table can represent tens of thousands of dollars over the life of your loan. The top lenders in Idaho have funded the most deals locally, meaning their loan officers understand Idaho’s commercial real estate values, industry mix, and economic conditions. This familiarity typically translates into faster underwriting and more competitive terms.
However, don’t limit your search to local banks alone. Many of the top national SBA lenders fund loans across all 50 states and may offer better rates or more experience with your specific industry. An SBA loan broker like GoSBA gives you access to both Idaho-based lenders and national lenders with a single application — ensuring you get the most competitive offer available.
Get Matched with the Best SBA Lender in Idaho
One 5-minute application. 74 lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Idaho
SBA lending in Idaho reflects the state’s economic profile and business formation trends. The table below shows which industries received the most SBA 7(a) funding in Idaho in 2025, ranked by total dollar volume:
| Industry | Loans | Volume |
|---|---|---|
| Landscaping Services | 20 | $13.4M |
| Limited-Service Restaurants | 18 | $12.0M |
| Engineering Services | 17 | $9.2M |
| Offices of Dentists | 3 | $8.9M |
| Site Preparation Contractors | 22 | $7.7M |
| Full-Service Restaurants | 18 | $6.9M |
| New Single-Family Housing Construction (except Operative Builders) | 14 | $6.7M |
| Plumbing, Heating, and Air-Conditioning Contractors | 22 | $6.6M |
| Veterinary Services | 4 | $6.6M |
| Electrical Contractors | 15 | $6.4M |
| Homes for the Elderly | 2 | $5.9M |
| All Other Specialty Trade Contractors | 17 | $5.8M |
| Snack and Nonalcoholic Beverage Bars | 17 | $5.3M |
| General Freight Trucking, Local | 14 | $5.0M |
| All Other Plastics Product Manufacturing | 2 | $5.0M |
If your business operates in one of Idaho’s top-funded industries, you’re in a strong position. Lenders who have funded dozens of similar businesses in your state understand the unit economics, seasonal revenue patterns, and typical margins for your sector. This familiarity translates into faster approvals, less documentation back-and-forth, and more accurate risk pricing — which typically means better terms for the borrower.
Even if your industry isn’t listed above, SBA 7(a) loans are available for nearly every legal business type. An SBA loan broker can identify which lenders have the most experience with your specific industry.
Top Cities for SBA Loans in Idaho
SBA lending activity within Idaho is concentrated in major metropolitan areas, but businesses in smaller cities and towns also receive significant funding. The table below shows where in Idaho the most SBA 7(a) loans were funded in 2025:
| City | Loans | Volume |
|---|---|---|
| Boise | 144 | $57.8M |
| Meridian | 68 | $31.6M |
| Nampa | 52 | $17.3M |
| Idaho Falls | 68 | $16.9M |
| Eagle | 23 | $15.1M |
| Post Falls | 20 | $13.6M |
| Coeur D Alene | 27 | $12.8M |
| Bellevue | 5 | $10.2M |
| Rexburg | 17 | $9.1M |
| Garden City | 19 | $7.2M |
How to Get an SBA Loan in Idaho
Option 1: Apply directly to one of the top Idaho lenders above. You’ll get a single quote from one bank.
Option 2: Use an SBA loan broker (recommended). GoSBA Loans submits your application to multiple Idaho-active lenders simultaneously, creating competition for your deal. Better rates, faster approvals — at no cost to you.
Frequently Asked Questions
How many SBA loans were funded in Idaho in 2025?
What is the average SBA loan interest rate in Idaho?
Can I get an SBA loan to start a business in Idaho?
Who is the top SBA lender in Idaho?
What industries get the most SBA loans in Idaho?
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Data sourced from official SBA 7(a) FOIA loan approval records for Calendar Year 2025, published by the U.S. Small Business Administration. For official information, visit sba.gov.
