States Served
Top Industries Financed
- Limited-Service Restaurants
- Fitness and Recreational Sports Centers
- Hotels (except Casino Hotels) and Motels
- Child Day Care Services
- Homes for the Elderly
Quick Summary
Craft Bank is an SBA-approved lender headquartered in ATLANTA, Georgia. Since 2020, they have approved 110 SBA 7(a) loans totaling $116.8M, with an average loan size of $1.1M. They serve businesses across 22 states.
About Craft Bank
Craft Bank is an SBA-approved lender headquartered in ATLANTA, Georgia. Since 2020, they have approved 110 SBA 7(a) loans totaling $116.8M, with an average loan size of $1.1M. They serve businesses across 22 states.
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Nav is the only place where you can track your FICO SBSS score — the score the SBA uses to determine loan eligibility.
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Frequently Asked Questions
Is Craft Bank an SBA Preferred Lender?
Craft Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.
How many SBA loans has Craft Bank approved?
According to SBA FOIA public records, Craft Bank has approved 110 SBA 7(a) loans totaling $116.8M since 2020. Their average loan size is $1.1M.
What states does Craft Bank serve?
Craft Bank serves businesses in 22 states: Alabama, California, Colorado, Florida, Georgia, Idaho, Kansas, Louisiana, Maine, Missouri, North Carolina, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Washington, West Virginia.
How do I apply for an SBA loan with Craft Bank?
To apply for an SBA 7(a) loan with Craft 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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