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.
STRONG
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
2,081
2010–2026
Total Volume
$2.7B
Gross loan amounts
States Active
41
With recorded loans
Programs
7(a) & 504
2081 total segments
Open Bank primarily focuses on 7(a) loans, with 98% of their deals in this category. If you're looking for a 504 loan, consider that they have minimal 504 presence, which may not meet your needs.
The average deal size at Open Bank is approximately $1.3 million, with a significant number of deals falling in the $2M-$5M range. This suggests they are well-suited for larger acquisitions rather than smaller startups.
Open Bank's average 7(a) spread is P+1.67%, which is lower than the national median of P+2.75%. This competitive pricing can be advantageous for borrowers looking for affordable financing options.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 39 504 loans, which use fixed SBA debenture rates.
Top 15 of 41 states where Open Bank has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Food & Beverage Stores
Retail Trade
Hotels & Accommodation
Accommodation & Food Services
Restaurants & Food Service
Accommodation & Food Services
Gas Stations
Retail Trade
Wholesale Trade
Wholesale Trade
Laundry & Dry Cleaning
Other Services
Miscellaneous Retail
Retail Trade
Auto Repair & Maintenance
Other Services
+ 7 more
All recorded SBA lending activity for Open 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) | 96 | P+2.25% | $256K | Q2 2024 |
| California · Food & Beverage Stores · $500K – $1M | 7(a) | 79 | P+1.75% | $709K | Q4 2025 |
| California · Food & Beverage Stores · $150K – $350K | 7(a) | 78 | P+2.00% | $271K | Q3 2025 |
| California · Food & Beverage Stores · $1M – $2M | 7(a) | 58 | P+1.38% | $1.4M | Q3 2025 |
| California · Gas Stations · $1M – $2M | 7(a) | 52 | P+1.50% | $1.5M | Q3 2021 |
| California · Food & Beverage Stores · $350K – $500K | 7(a) | 48 | P+2.00% | $430K | Q3 2025 |
| California · Restaurants & Food Service · Under $150K | 7(a) | 45 | P+2.25% | $132K | Q1 2024 |
| California · Gas Stations · $2M – $5M | 7(a) | 44 | P+1.50% | $3.1M | Q2 2022 |
| California · Hotels & Accommodation · $2M – $5M | 7(a) | 43 | P+1.25% | $3.5M | Q4 2023 |
| California · Restaurants & Food Service · $500K – $1M | 7(a) | 39 | P+2.00% | $707K | Q4 2025 |
| California · Wholesale Trade · $2M – $5M | 7(a) | 35 | P+1.00% | $3.2M | Q3 2025 |
| California · Hotels & Accommodation · $1M – $2M | 7(a) | 34 | P+1.50% | $1.6M | Q4 2024 |
| California · Restaurants & Food Service · $350K – $500K | 7(a) | 28 | P+2.00% | $432K | Q3 2023 |
| Washington · Hotels & Accommodation · $2M – $5M | 7(a) | 27 | P+1.00% | $3.8M | Q4 2025 |
| California · Gas Stations · $500K – $1M | 7(a) | 26 | P+1.75% | $791K | Q3 2021 |
| California · Miscellaneous Retail · $2M – $5M | 7(a) | 25 | P+1.25% | $3.3M | Q4 2025 |
| Texas · Hotels & Accommodation · $2M – $5M | 7(a) | 22 | P+1.13% | $4.2M | Q3 2025 |
| California · Food & Beverage Stores · Under $150K | 7(a) | 22 | P+2.25% | $125K | Q3 2025 |
| Colorado · Hotels & Accommodation · $2M – $5M | 7(a) | 22 | P+1.25% | $3.3M | Q2 2025 |
| California · Restaurants & Food Service · $1M – $2M | 7(a) | 21 | P+1.75% | $1.4M | Q3 2024 |
| California · Hotels & Accommodation · $500K – $1M | 7(a) | 20 | P+1.50% | $739K | Q2 2021 |
| California · Wholesale Trade · $500K – $1M | 7(a) | 20 | P+1.38% | $769K | Q3 2023 |
| California · Wholesale Trade · $1M – $2M | 7(a) | 19 | P+1.00% | $1.4M | Q1 2024 |
| California · Auto Repair & Maintenance · $500K – $1M | 7(a) | 18 | P+1.88% | $745K | Q2 2024 |
| Washington · Restaurants & Food Service · $150K – $350K | 7(a) | 17 | P+2.00% | $253K | Q2 2024 |
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