West Coast Community Bank: SBA business acquisition lending record
West Coast Community Bank (home state CA) approved 59 SBA 7(a) loans to buy existing businesses since FY2018, totaling $66M. The median loan was $543,000. It ranks number 149 of 280 lenders by count and made 0.1% of all SBA acquisition loans nationally.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsSBA-financed deals. All 50 states.
What this tells a borrower
- Deal size it funds. Half of its acquisition loans fell between $274,900 and $1,312,500. If your deal sits well outside that band, this lender may be less practiced at it.
- Geographic reach. California is the largest state (86% of loans). Loans appear in only 3 states, which points to a regional lender.
- Industry concentration. Hotels (except Casino Hotels) and Motels is 19% of its acquisition loans. The mix is spread across several industries.
- Overall 7(a) volume. 215 SBA 7(a) loans of any purpose since FY2020, totaling $246M. 97% of its acquisition loans were processed under the Preferred Lenders Program.
- Franchise share. 20% of its acquisition loans involved a franchise brand, against 18% for all lenders.
- Seasoned performance. Of its loans from FY2018 to FY2021: none charged off, against the 3.5% national average.
West Coast Community Bank acquisition loans by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 7 | $3.3M | $427,500 | |
| FY2019 | 6 | $3.1M | $320,000 | |
| FY2020 | 11 | $9.4M | $430,000 | |
| FY2021 | 13 | $16.9M | $637,000 | |
| FY2022 | 7 | $18.5M | $2,993,000 | |
| FY2023 | 3 | $6.9M | $2,500,000 | |
| FY2024 | 2 | $1.6M | $817,500 | |
| FY2025 | 3 | $597K | $170,000 | |
| FY2026 | 7 | $5.8M | $700,000 |
How often do these acquisition loans fail?
Of the 37 West Coast Community Bank acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), none have been charged off by the SBA. 18 have already been paid in full.
For comparison, West Coast Community Bank has none charged off, against the 3.5% average across all SBA 7(a) acquisition loans in the same cohort. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
States served
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | California | 51 | 86.4% | $49.5M | |
| 2 | Oregon | 6 | 10.2% | $8.5M | |
| 3 | Washington | 2 | 3.4% | $8M |
Industries financed
| # | Industry | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Hotels (except Casino Hotels) and Motels | 11 | 18.6% | $32.9M | |
| 2 | Convenience Retailers | 11 | 18.6% | $6.2M | |
| 3 | Limited-Service Restaurants | 7 | 11.9% | $2M | |
| 4 | Full-Service Restaurants | 5 | 8.5% | $3.4M | |
| 5 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 4 | 6.8% | $6.6M | |
| 6 | Gasoline Stations with Convenience Stores | 2 | 3.4% | $1.4M | |
| 7 | Fitness and Recreational Sports Centers | 2 | 3.4% | $962K | |
| 8 | Pet Care (except Veterinary) Services | 2 | 3.4% | $200K | |
| 9 | Car Washes | 1 | 1.7% | $2.7M | |
| 10 | Precision Turned Product Manufacturing | 1 | 1.7% | $2.5M |
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentFree consultation. All 50 states.
Franchise brands financed
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Round Table Pizza | 2 | 3.4% | $715K | |
| 2 | Mountain Mike's Pizza | 2 | 3.4% | $500K | |
| 3 | Hawthorn | 1 | 1.7% | $5M | |
| 4 | Quality Inn | 1 | 1.7% | $5M | |
| 5 | Best Western | 1 | 1.7% | $4.4M | |
| 6 | Dairy Queen | 1 | 1.7% | $665K | |
| 7 | Togo's | 1 | 1.7% | $300K | |
| 8 | Budget Blinds | 1 | 1.7% | $245K |
Questions buyers ask
Does West Coast Community Bank make SBA acquisition loans?
Yes. West Coast Community Bank approved 59 SBA 7(a) loans to buy existing businesses from FY2018 to FY2026, ranking number 149 of 280 lenders with 25 or more such loans. The SBA file shows past approvals only; it cannot tell you whether the lender will approve a particular buyer or deal.
How large are West Coast Community Bank's acquisition loans?
The median was $543,000, with the middle half between $274,900 and $1,312,500. The national median is $645,250, so this lender's typical loan is 16% lower than the national figure.
Which states does West Coast Community Bank lend in?
California (51), Oregon (6), Washington (2). Its loans appear in 3 states, so it is closer to a regional lender.
Which industries does West Coast Community Bank finance?
Hotels (except Casino Hotels) and Motels (11), Convenience Retailers (11), Limited-Service Restaurants (7), Full-Service Restaurants (5), Supermarkets and Other Grocery Retailers (except Convenience Retailers) (4). The top industry is 19% of its acquisition loans.
How have West Coast Community Bank's acquisition loans performed?
Of 37 loans approved FY2018 to FY2021: none charged off, against the 3.5% national acquisition average. Charge-offs reflect the borrowers and industries a lender serves as well as its underwriting.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAll 50 states. Free consultation.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- California acquisitions
- Oregon acquisitions
- Washington acquisitions
- Hotels (except Casino Hotels) and Motels
- Convenience Retailers
- Limited-Service Restaurants
- All lenders
Figures are aggregates of public SBA data. This page is not provided or endorsed by West Coast Community Bank.