STRONG
How competitive are their spreads? Lower = better for you.
GOOD
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
260
2010–2026
Total Volume
$490M
Gross loan amounts
States Active
10
With recorded loans
Programs
7(a) & 504
260 total segments
Summit State Bank has a strong focus on existing businesses, with 62% of their deals serving this purpose. This makes them a solid choice for established companies looking to expand or refinance.
With an average 7(a) spread of P+2.13%, Summit State Bank offers competitive pricing compared to the national median of P+2.75%. This could lead to significant savings on interest costs for borrowers.
Despite a healthy volume of deals, Summit State Bank's growth trend shows a decline of 38% year-over-year. This may indicate a tightening of lending standards, which could affect approval rates for new borrowers.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 25 504 loans, which use fixed SBA debenture rates.
States where Summit State Bank has recorded SBA lending activity.
+ 5 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Hotels & Accommodation
Accommodation & Food Services
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Gas Stations
Retail Trade
Auto Repair & Maintenance
Other Services
Nursing & Residential Care
Health Care & Social Assistance
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Specialty Trade Contractors
Construction
+ 7 more
All recorded SBA lending activity for Summit State Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| California · Hotels & Accommodation · $2M – $5M | 7(a) | 26 | P+1.75% | $4.0M | Q4 2023 |
| California · Gas Stations · $2M – $5M | 7(a) | 13 | P+1.75% | $3.5M | Q2 2021 |
| Arizona · Hotels & Accommodation · $2M – $5M | 7(a) | 8 | P+1.75% | $3.8M | Q2 2022 |
| California · Manufacturing · $500K – $1M | 7(a) | 7 | P+2.25% | $666K | Q2 2023 |
| California · Transportation & Warehousing · $1M – $2M | 7(a) | 6 | P+1.88% | $1.5M | Q1 2022 |
| California · Gas Stations · $1M – $2M | 7(a) | 6 | P+1.75% | $1.5M | Q2 2020 |
| California · Nursing & Residential Care · $2M – $5M | 7(a) | 5 | P+2.00% | $4.3M | Q1 2025 |
| California · Auto Repair & Maintenance · $1M – $2M | 7(a) | 5 | P+1.75% | $1.5M | Q3 2023 |
| California · Auto Repair & Maintenance · $500K – $1M | 7(a) | 5 | P+1.50% | $815K | Q4 2025 |
| Washington · Hotels & Accommodation · $2M – $5M | 7(a) | 5 | P+1.50% | $3.9M | Q4 2024 |
| California · Restaurants & Food Service · $1M – $2M | 7(a) | 5 | P+2.00% | $1.7M | Q3 2024 |
| California · Restaurants & Food Service · $500K – $1M | 7(a) | 5 | P+2.00% | $676K | Q1 2024 |
| California · Manufacturing · $1M – $2M | 7(a) | 4 | P+2.38% | $1.6M | Q2 2021 |
| California · Auto Repair & Maintenance · $2M – $5M | 7(a) | 4 | P+2.00% | $3.3M | Q3 2023 |
| California · Hotels & Accommodation · $500K – $1M | 7(a) | 4 | P+2.13% | $806K | Q1 2025 |
| California · Hotels & Accommodation · $1M – $2M | 7(a) | 4 | P+1.75% | $1.6M | Q3 2021 |
| California · Management & IT Consulting · $2M – $5M | 7(a) | 3 | P+1.75% | $3.3M | Q3 2025 |
| California · Engineering & Architecture · $150K – $350K | 504 | 3 | — | $277K | Q1 2023 |
| Arizona · Hotels & Accommodation · $1M – $2M | 7(a) | 3 | P+2.25% | $1.6M | Q4 2020 |
| California · Manufacturing · $350K – $500K | 7(a) | 3 | P+2.50% | $500K | Q1 2023 |
| California · Restaurants & Food Service · $150K – $350K | 7(a) | 3 | P+2.50% | $278K | Q4 2019 |
| California · Manufacturing · $2M – $5M | 7(a) | 3 | P+2.00% | $3.2M | Q1 2021 |
| California · Wholesale Trade · $500K – $1M | 7(a) | 3 | P+2.25% | $770K | Q4 2023 |
| California · Agriculture & Forestry · $1M – $2M | 7(a) | 2 | P+2.00% | $1.8M | Q3 2021 |
| California · Nursing & Residential Care · $500K – $1M | 7(a) | 2 | P+1.63% | $807K | Q3 2019 |
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