Coastal Community Bank
EVERETT, WA 98203
⭐ SBA Preferred LenderStates Served
Top Industries Financed
- Roofing Contractors
- Fitness and Recreational Sports Centers
- Full-Service Restaurants
- Sheet Metal Work Manufacturing
- Offices of All Other Miscellaneous Health Practitioners
Quick Summary
Coastal Community Bank is an SBA-approved lender headquartered in EVERETT, Washington. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 24 SBA 7(a) loans totaling $13.0M, with an average loan size of $541K. They serve businesses across 2 states.
About Coastal Community Bank
Coastal Community Bank is an SBA-approved lender headquartered in EVERETT, Washington. Since 2020, they have approved 24 SBA 7(a) loans totaling $13.0M, with an average loan size of $541K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 2 states.
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Frequently Asked Questions
Is Coastal Community Bank an SBA Preferred Lender?
Yes, Coastal Community Bank is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.
How many SBA loans has Coastal Community Bank approved?
According to SBA FOIA public records, Coastal Community Bank has approved 24 SBA 7(a) loans totaling $13.0M since 2020. Their average loan size is $541K.
What states does Coastal Community Bank serve?
Coastal Community Bank serves businesses in 2 states: Oregon, Washington.
How do I apply for an SBA loan with Coastal Community Bank?
To apply for an SBA 7(a) loan with Coastal Community Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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