BlogRankingLenderNorthwest Bank SBA Loans – Rates, States & Industries

Northwest Bank SBA Loans – Rates, States & Industries

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Northwest Bank

National Rank by SBA 7(a) Loan Volume (2025)

$172.4M
Total Volume

174
Loans Funded

$991K
Avg Loan Size

9.54%
Avg Interest Rate

About Northwest Bank

In 2025, Northwest Bank funded $172.4M in SBA 7(a) loans across 174 businesses nationwide, making them the #40 SBA lender in the United States by loan volume.

💡 Key Insight: Northwest Bank’s average loan size is $991K at an average rate of 9.54%. Working with an SBA loan broker can help you access this lender and potentially negotiate better terms.

Loan Types Funded by Northwest Bank

Here’s how Northwest Bank distributes their SBA loans across different business types:

🚀 Startups
47%
$61.9M • 82 loans

🏢 Existing Businesses
29%
$56.0M • 50 loans

🔄 Acquisitions
24%
$54.4M • 42 loans

Top States for Northwest Bank (2025)

Here are the states where Northwest Bank has the highest SBA lending activity:

Rank State Volume Loans Avg Size
1 Pennsylvania $24.0M 36 $667K
2 Utah $20.4M 21 $972K
3 Ohio $14.6M 22 $663K
4 Massachusetts $12.5M 11 $1.1M
5 Indiana $11.3M 7 $1.6M
6 Washington $10.6M 10 $1.1M
7 Colorado $9.8M 17 $577K
8 New Hampshire $8.6M 4 $2.2M
9 New York $8.4M 10 $843K
10 Florida $7.9M 5 $1.6M
11 Nebraska $7.5M 6 $1.2M
12 New Jersey $6.6M 2 $3.3M
13 Iowa $6.1M 10 $606K
14 Wyoming $5.0M 1 $5.0M
15 Michigan $5.0M 1 $5.0M

Top Industries Funded by Northwest Bank

Northwest Bank funds SBA loans across many industries. Here are the sectors where they’re most active:

Rank Industry Volume Loans
1 Full-Service Restaurants $16.9M 19
2 Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesaler $10.0M 2
3 Other Miscellaneous Durable Goods Merchant Wholesalers $9.4M 5
4 Fitness and Recreational Sports Centers $8.4M 10
5 Landscaping Services $8.2M 5
6 Residential Remodelers $7.3M 6
7 Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal $5.3M 3
8 All Other Miscellaneous Fabricated Metal Product Manufacturing $5.0M 1
9 Automotive Body, Paint, and Interior Repair and Maintenance $5.0M 1
10 Flooring Contractors $5.0M 1
11 Caterers $5.0M 1
12 Sports and Recreation Instruction $5.0M 2
13 Books Printing $5.0M 1
14 Other Computer Related Services $5.0M 1
15 Commercial and Institutional Building Construction $4.2M 1

Top Cities for Northwest Bank

Indianapolis, In

$10.0M
Volume

2
Loans

Columbus, Oh

$5.8M
Volume

3
Loans

Pine Island, Ny

$5.3M
Volume

3
Loans

Cheyenne, Wy

$5.0M
Volume

1
Loans

Philadelphia, Pa

$5.0M
Volume

1
Loans

Oldsmar, Fl

$5.0M
Volume

1
Loans

Pittston, Pa

$5.0M
Volume

1
Loans

Piscataway, Nj

$5.0M
Volume

1
Loans

Mill Creek, Wa

$5.0M
Volume

2
Loans

Tecumseh, Mi

$5.0M
Volume

1
Loans

🤝 How to Get a Loan from Northwest Bank

Many top SBA lenders, including Northwest Bank, work primarily through approved SBA loan brokers. This is good news for borrowers:

  • Better Match: Get matched with the right lender for your situation
  • Negotiating Power: Broker relationships can result in better rates
  • Time Savings: One application goes to multiple lenders
  • Expert Guidance: Maximize your approval chances

GoSBA Loans works directly with Northwest Bank and can help you access their loan programs. Our service is completely free to borrowers.

📞 Get Matched with Northwest Bank

Ready to apply for an SBA loan through Northwest Bank? Our team can help you get matched with the right lender and program for your business.

Looking for other SBA lenders? GoSBA Loans works with 75+ SBA lenders nationwide. Contact us to get matched with the best lender for your specific business needs.

Other Top SBA Lenders

http://gosbaloans.com

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.