Central Bank

Headquartered in Provo, UTcbutah.com$2.1B in assetsFounded 189113 officesData: SBA 7(a) FOIA file

Loans: 5
Approved: $3M
Median deal: $351,300
Median rate: 9.25%

Loans per fiscal year

FY2026 is partial: 2 loans approved through June 30, 2026.

Loans per fiscal year
Fiscal year	Loans
FY2020	7
FY2021	11
FY2022	11
FY2023	10
FY2024	10
FY2025	3
FY2026 (partial year, through June 30, 2026)	2

How they lend

Across 5 change-of-ownership loans, FY2025 to FY2026 Q3.

Acquisition share of their 7(a) lending

Acquisitions 54 (9.2%)Other purposes 535 (90.8%)

Their full 7(a) book since FY2020 is 589 loans. Every other figure on this page counts the 54 acquisition loans only.

Initial rate structure

Variable 80.00%Fixed 20.00%

Middle half of rates: 8.50% to 9.50%
Median term: 120 months
Collateral reported: 100.00% of loans
Sold on the secondary market: 20.00% of loans
Franchise loans: 20.00% of loans

Processing method

Preferred Lenders Program		60.00%
7a General		40.00%

SBA processing-method labels as they appear in the loan file, as shares of this lender’s window loans.

What they fund

Industries and deal sizes across 5 change-of-ownership loans, FY2025 to FY2026 Q3.

Top industries

Administrative and Support and Waste Management and Remediation Services		20.00%
Construction		20.00%
Health Care and Social Assistance		20.00%
Manufacturing		20.00%
Retail Trade		20.00%

Deal size mix

Under $350K 40.00%$350K to $1M 40.00%$1M to $3.5M 20.00%$3.5M+ 0.00%

Sectors from each loan’s NAICS code; deal sizes from gross approval amounts. Window loans only.

Where they lend

Top states by this lender’s change-of-ownership loans, FY2025 to FY2026 Q3.

Utah3 loans
Iowa2 loans

Grouped by ProjectState. State names link to the state lender pages where one exists.

Run a deal at these rates

The deal analyzer prices an acquisition with current SBA terms and shows whether the numbers cover the debt.

Open the deal analyzer

The full lender directory

Every 7(a) acquisition lender in the country, searchable and sortable, with loan counts, medians, and rates.

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Source: SBA 7(a) FOIA file, change-of-ownership loans for Central Bank. Window stats cover FY2025 to FY2026 Q3, as of June 30, 2026, and refresh with each quarterly cut. Rates and rate quartiles are the rates at approval. Website, headquarters, assets, founding year, and office count come from the FDIC BankFind Suite API and, for credit unions, the NCUA Credit Union Locator (public US government data). Methodology. See an error? Email us and we will correct it.