Northwest Bank SBA 7(a) loan profile. $172.4M funded, 174 loans at 9.54% avg rate. See top states, industries & how to apply.

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Latest SBA Data: Approvals Through September 30, 2026

Northwest Bank SBA Loans (2027): Rates And Ranking

Northwest Bank approved 175 SBA 7(a) loans worth $229M in FY2026, ranking #31 nationally by dollar volume. 42 of those loans financed business acquisitions.

#31National rank by volume
$229MSBA volume FY2026
175SBA 7(a) loans
$1.3MAverage loan
8.73%Average rate at approval

Key Takeaways

  • Headquartered in Boise, ID; lent in 10+ states.
  • Pennsylvania was its largest state at $28.8M.
  • Its top industry was All Other Specialty Trade Contractors.
  • 33% of its SBA dollars financed acquisitions (national share 27%).
  • Most loans went through the Preferred Lenders Program (109 loans).

Where Northwest Bank Lends

$28.8M29 loans
$23.0M12 loans
$20.1M13 loans
$16.2M9 loans
$12.7M7 loans
$11.9M7 loans
$9.0M4 loans
$8.3M12 loans
$8.2M2 loans
$8.0M4 loans

Industries Northwest Bank Funds

Saw Blade and Handtool Manufacturing
$7.2M4 loans
All Other Miscellaneous Retailers
$6.5M3 loans

Does Northwest Bank Finance Business Acquisitions?

Northwest Bank closed 42 change of ownership loans in FY2026, averaging $1.8M.

42Acquisition loans
$74.8MAcquisition volume
$1.8MAverage acquisition loan
8.58%Average acquisition rate

Loan Sizes

Under $150K
$3.0M49 loans
$150K to $350K
$6.6M29 loans
$350K to $1M
$20.6M33 loans
$1M to $2M
$28.6M18 loans
$2M to $5M
$170M46 loans

Buying A Business?

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Northwest Bank SBA Lending Since 2020

FY2026 dollar volume was up 33.1% from FY2025, and the loan count was down 13.4%. Part of that drop is the calendar: SBA approved no 7(a) loans in October 2025 during the federal government shutdown (October 1 to November 12, 2025), so FY2026 covers about 11 months of lending.

Is Northwest Bank Right For Your Deal?

Northwest Bank's average SBA loan was $1.3M (median $500K), well above the national average, so it tends to fit larger deals.

Loans averaged 11.2 years in term and 96% were variable rate. 42% went to startups or businesses under two years old, and 15% to franchises such as HTeaO.

Lenders ranked near Northwest Bank nationally include Enterprise Bank & Trust, JPMorgan Chase Bank, KeyBank, Commonwealth Business Bank. Comparing two or three of them on the same deal is the best way to see real terms.

Questions About Northwest Bank SBA Loans

How many SBA loans did Northwest Bank make in 2026?

Northwest Bank approved 175 SBA 7(a) loans totaling $229M in FY2026 (October 2025 to September 2026), ranking #31 nationally by dollar volume.

What rate does Northwest Bank charge on SBA loans?

Its average initial rate was 8.73% (8.60% weighted by loan size), and 96% of its loans were variable. Your rate depends on loan size, term and credit.

Does Northwest Bank do SBA loans to buy a business?

Yes. It closed 42 business acquisition loans in FY2026, averaging $1.8M.

Where does Northwest Bank make SBA loans?

Its largest states were Pennsylvania, Florida, Utah, Ohio, California.

Does GoSBA Loans charge borrowers?

No. GoSBA Loans is 100% free to borrowers. We take your deal to the SBA lenders that fit it.

Keep Exploring

About this data. Rankings use SBA 7(a) loan approvals from the SBA FOIA data set, fiscal year 2026 (October 1, 2025 to September 30, 2026), as published by SBA through September 30, 2026. Lenders are ranked by approved dollar volume. Rates are the initial rate at approval, a simple average across loans; most SBA 7(a) loans are variable and move with the Prime Rate. Business acquisition loans are those SBA marks as a change of ownership. GoSBA Loans is an SBA loan broker, not a lender, and is not affiliated with SBA.

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    SBA loans only buy buildings your own business will use.
    SBA Does Not Fit This OneSBA loans buy buildings your own business will use for at least 51% of the space. For an investment property you want a conventional commercial mortgage; we do not broker those. Will your business use 51% or more? Change your answer above and we can help.

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    SBA Does Not Fund New Independent BusinessesSBA loans need a business that has run for 2 years or more, or a franchise brand on the SBA directory. Opening a franchise? and we can help.

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