Is Western State Bank a good SBA lender?

Western State Bank has funded 107 SBA loans totaling $51.2M in volume across 22 states, with an average loan size of $478K. The lender's default rate is 1667.00%. Whether they are the right fit depends on your deal profile — loan size, industry, geography, and borrower credit. PeerSense matches your specific deal to Western State Bank or one of 897+ alternatives based on closing probability + pricing.

What is the average SBA loan size at Western State Bank?

The average SBA loan size at Western State Bank is $478K, with a range from $30K to $3.8M. This profile suggests they are best suited for borrowers seeking mid-market business acquisitions and equipment financing.

What states does Western State Bank lend in?

Western State Bank actively lends across 22 states. Their highest-volume state is Michigan. Other top states include Florida, California, North Dakota. Borrower geography matters: a lender's state penetration affects underwriting familiarity, valuation comps, and turnaround speed.

Does Western State Bank fund franchise loans?

Yes — Western State Bank has funded SBA franchise loans across multiple brands. Their highest-volume franchise concept is Little Caesars, followed by Marco's Pizza, Altitude Trampoline Park, PLANET FITNESS. Lender-franchise familiarity matters: lenders that have closed multiple loans for a brand know the FDD inside-out, which speeds underwriting + reduces re-trade risk.

What industries does Western State Bank prefer?

Western State Bank's highest-volume SBA industry by NAICS code is Limited-Service Restaurants. Other active sectors: Amusement & Recreation, Administrative Support, Educational Services. Borrower industry matters: matching your deal to a lender with strong recent volume in your NAICS reduces underwriting friction and improves close-rate odds.

How does PeerSense match deals to Western State Bank?

PeerSense matches your specific SBA deal to Western State Bank based on five factors: deal size vs lender's average + range, your industry vs lender's NAICS history, your state vs lender's geographic penetration, your franchise brand (if applicable) vs lender's brand history, and your credit + experience profile vs lender's known underwriting box. We don't sell leads — we curate fit. No retainer; lender pays referral fee at closing.

SBA LenderNorth DakotaActiveMid-Market

Western State Bank

SBA lender based in North Dakota serving 22 states and 31 industries

Quick Answer

Western State Bank has funded 107 SBA loans across 22 states and 31 industries. Their average loan size is $478K. Whether they are the right SBA lender for your deal depends on size, industry, geography, and credit profile — PeerSense matches your deal against Western State Bank and 897+ alternatives based on closing probability + pricing.

Geographic Reach

22 States

Regional focus

Industry Coverage

31 Industries

Diverse lending portfolio

Lending Activity

Active

Mid-Market focus

Top Lending States

Michigan#1

Florida#2

California#3

North Dakota#4

Wisconsin#5

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Industry Focus Areas

Limited-Service Restaurants

NAICS 722

Amusement & Recreation

NAICS 713

Administrative Support

Why borrowers choose Western State Bank

Western State Bank is best suited for borrowers seeking mid-market business acquisitions and franchise build-outs, with an average SBA loan of $478K. The lender's deepest industry experience is in Limited-Service Restaurants, and their highest-volume state is Michigan. With 107 SBA loans funded across 22 states, they operate as a regional specialist anchored in North Dakota. Their portfolio default rate is 1667.00%. If your deal profile aligns with their underwriting box, this lender is worth a quote — PeerSense matches your specific deal against Western State Bank and 897+ alternatives.

Recent SBA Activity at Western State Bank

Franchise lending: Western State Bank has funded SBA loans for multiple franchise concepts, with the highest volume in Little Caesars, Marco's Pizza, and Altitude Trampoline Park. Lender-franchise familiarity reduces underwriting friction: brands the lender already knows clear faster and re-trade less.

Industry concentration: The lender's highest-volume SBA industries are Limited-Service Restaurants, Amusement & Recreation, and Administrative Support. Borrowers in these NAICS sectors typically see better terms and faster approvals.

Geographic concentration: Top markets are Michigan, Florida, California, North Dakota, and Wisconsin. Lenders typically underwrite faster in states where they already have closing comps.

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Compare Western State Bank to Similar SBA Lenders

Other SBA lenders headquartered in North Dakota with similar deal-size profiles. Borrowers should always compare 3–5 lenders before committing.

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About Western State Bank SBA Lending

Western State Bank is an SBA lender headquartered in North Dakota. PeerSense tracks this lender's SBA lending activity, including approval trends, geographic coverage, and industry specializations.

Western State Bank serves borrowers across 22 states and 31 industry sectors with a regional lending focus. To find out whether Western State Bank is a good fit for your specific deal, reach out to PeerSense for a free lender match.

PeerSense maintains detailed performance data on hundreds of SBA lenders to help borrowers and brokers identify the right capital source. Rather than spending weeks researching lenders on your own, book a free call and let our team match you with lenders who have a proven track record in your industry and geography.

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