Celtic Bank Corporation

Salt Lake City, UT7(a) lender#5 most activeTop sector: Full-Service Restaurants

Is this my lender?

Loans approved

13,050

FY1995–FY2026

Dollars approved

$6.5B

$3.1B since FY2021

Average loan

$501K

$642K recently

Charge-off rate

3.4%

by dollars · 12.1% by count

Approvals over time

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What they lend against

Full-Service Restaurants437 Hotels (except Casino Hotels) and Motels379 Gasoline Stations with Convenience Stores367 Car Washes253 Limited-Service Restaurants234 Residential Remodelers228

Loan count by NAICS industry, whole record. Each row opens that industry’s profile, where this lender is ranked against everyone else writing it.

Where they lend

California2,172 · 17%Texas1,226 · 9%Florida1,033 · 8%Utah757 · 6%Georgia613 · 5%New York552 · 4%Arizona524 · 4%North Carolina443 · 3%

Share is of this lender’s entire book, so the 8 states shown need not sum to 100%. Together they account for 56% of its lending.

At a glance

Rank by recent volume#5 of 2321

First approvalFY1995

Latest approvalFY2026

States lent into8+

What they charge

Typical pricingPrime + 2.75

Median rate 10.50%Fixed 0%2,985 loans

Median initial rate on this lender's 7(a) loans approved FY2024 onward, against a market median of Prime + 2.75. That is about what the market typically prices. It is the rate at approval, not an offer, and says nothing about fees.

Program mix

7(a) · 100% (13,050)504 · 0% (0)

Split by loan count.

7(a) $6.5B504 $0

Loss rate in context

This lender3.4%

Both programs, all lenders4.6%

Charged-off dollars over dollars approved. By loan count this lender is at 12.1%; the two measures diverge when a book is weighted toward small loans.

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