STRONG
How competitive are their spreads? Lower = better for you.
STRONG
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
857
2010–2025
Total Volume
$533M
Gross loan amounts
States Active
12
With recorded loans
Programs
7(a) & 504
857 total segments
Mechanics Bank has a strong focus on 504 loans, making up 25% of their total SBA deals. This is higher than the national average of 18%, indicating they are well-suited for borrowers looking for real estate financing.
With an average 7(a) spread of P+2.19%, Mechanics Bank offers competitive pricing compared to the national median of P+2.75%. This could result in lower overall loan costs for borrowers.
The lender's growth trend shows a significant decline of 47% year-over-year in deal volume, which may indicate a tightening of lending criteria. Borrowers should be prepared for potentially stricter approval processes.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 212 504 loans, which use fixed SBA debenture rates.
States where Mechanics Bank has recorded SBA lending activity.
+ 7 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Restaurants & Food Service
Accommodation & Food Services
Specialty Trade Contractors
Construction
Other Health Practitioners
Health Care & Social Assistance
Physician & Dental Offices
Health Care & Social Assistance
Wholesale Trade
Wholesale Trade
Transportation & Warehousing
Transportation & Warehousing
Other Professional Services
Professional Services
+ 7 more
All recorded SBA lending activity for Mechanics Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| California · Restaurants & Food Service · $150K – $350K | 7(a) | 18 | P+2.50% | $249K | Q1 2020 |
| California · Manufacturing · $150K – $350K | 7(a) | 14 | P+2.50% | $257K | Q4 2019 |
| Washington · Other Health Practitioners · Under $150K | 7(a) | 14 | P+2.62% | $45K | Q2 2017 |
| Washington · Physician & Dental Offices · $500K – $1M | 7(a) | 12 | P+2.70% | $710K | Q2 2021 |
| Washington · Manufacturing · Under $150K | 7(a) | 11 | P+2.25% | $87K | Q3 2022 |
| California · Specialty Trade Contractors · Under $150K | 7(a) | 10 | P+2.13% | $98K | Q1 2018 |
| Washington · Restaurants & Food Service · $350K – $500K | 7(a) | 9 | P+2.25% | $434K | Q2 2019 |
| California · Administrative & Waste Services · $150K – $350K | 7(a) | 9 | P+2.00% | $249K | Q2 2017 |
| California · Specialty Trade Contractors · $150K – $350K | 504 | 8 | — | $245K | Q1 2022 |
| California · Restaurants & Food Service · Under $150K | 7(a) | 8 | P+2.38% | $102K | Q3 2017 |
| California · Transportation & Warehousing · Under $150K | 7(a) | 8 | P+2.63% | $92K | Q2 2019 |
| California · Specialty Trade Contractors · $150K – $350K | 7(a) | 7 | P+2.50% | $250K | Q3 2019 |
| Washington · Specialty Trade Contractors · $150K – $350K | 7(a) | 7 | P+2.25% | $260K | Q2 2016 |
| California · Wholesale Trade · $150K – $350K | 7(a) | 7 | P+2.50% | $266K | Q3 2019 |
| Washington · Other Health Practitioners · $500K – $1M | 7(a) | 7 | P+2.49% | $769K | Q2 2017 |
| California · Physician & Dental Offices · $500K – $1M | 504 | 7 | — | $783K | Q1 2023 |
| California · Accounting & Tax · $150K – $350K | 7(a) | 6 | P+2.25% | $267K | Q2 2018 |
| Washington · Wholesale Trade · Under $150K | 7(a) | 6 | P+2.25% | $105K | Q1 2017 |
| California · Manufacturing · $500K – $1M | 7(a) | 6 | P+1.88% | $662K | Q1 2021 |
| Washington · Other Professional Services · Under $150K | 7(a) | 6 | P+2.25% | $88K | Q4 2018 |
| Washington · Other Health Practitioners · $150K – $350K | 7(a) | 6 | P+2.75% | $230K | Q2 2016 |
| Washington · Restaurants & Food Service · $150K – $350K | 7(a) | 6 | P+2.75% | $235K | Q2 2018 |
| California · Physician & Dental Offices · $150K – $350K | 504 | 6 | — | $224K | Q1 2022 |
| California · Manufacturing · $1M – $2M | 504 | 6 | — | $1.3M | Q2 2021 |
| Washington · Other Professional Services · $150K – $350K | 7(a) | 6 | P+2.63% | $275K | Q3 2018 |
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