Loading...
Loading...
Faith-based community bank focused on relationship banking. Offers commercial and personal banking including business loans, SBA lending, trade financing, home mortgages, CDs, checking, savings, online/mobile banking, and cash management services.
Have you worked with Open Bank? Share your experience to help others.
Loading reviews...
SBA 7(a) Acquisition Loan Data As Of March 31, 2026
Last 12 Months
Last 3 Years
YoY Growth
contracting
As Of March 31, 2026
Median
$1.2M
Average
$1.8M
Sweet Spot
$0-$500K
Industries with highest loan volume
Beer, Wine, and Liquor Retailers
57
loans
$827K
avg. amount
Beer, Wine, and Liquor Retailers
Loans
57
Avg. Amount
$827K
Hotels (except Casino Hotels) and Motels
53
loans
$3.5M
avg. amount
Hotels (except Casino Hotels) and Motels
Loans
53
Avg. Amount
$3.5M
Gasoline Stations with Convenience Stores
50
loans
$2.8M
avg. amount
Gasoline Stations with Convenience Stores
Loans
50
Avg. Amount
$2.8M
Supermarkets and Other Grocery Retailers (except Convenience Retailers)
20
loans
$1.0M
avg. amount
Supermarkets and Other Grocery Retailers (except Convenience Retailers)
Loans
20
Avg. Amount
$1.0M
Full-Service Restaurants
19
loans
$515K
avg. amount
Full-Service Restaurants
Loans
19
Avg. Amount
$515K
Limited-Service Restaurants
16
loans
$772K
avg. amount
Limited-Service Restaurants
Loans
16
Avg. Amount
$772K
Coin-Operated Laundries and Drycleaners
6
loans
$1.7M
avg. amount
Coin-Operated Laundries and Drycleaners
Loans
6
Avg. Amount
$1.7M
Car Washes
4
loans
$595K
avg. amount
Car Washes
Loans
4
Avg. Amount
$595K
Offices of Dentists
3
loans
$1.2M
avg. amount
Offices of Dentists
Loans
3
Avg. Amount
$1.2M
General Freight Trucking, Local
2
loans
$315K
avg. amount
General Freight Trucking, Local
Loans
2
Avg. Amount
$315K
10-Year Default Rate
0.5%
Percentile Ranking
83th
83th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 1.99% |
| $500K-$1M | Prime + 1.89% |
| $1M-$2M | Prime + 1.47% |
| $2M-$3M | Prime + 1.30% |
| $3M-$4M | Prime + 1.19% |
| $4M-$5M | Prime + 1.09% |
As Of March 31, 2026 - States by loan volume (darker blue = higher volume)
Claim this profile to manage your information, respond to reviews, and access analytics.