States Served
Top Industries Financed
- Beauty Salons
- Offices of Physicians (except Mental Health Specialists)
- Car Washes
- Elementary and Secondary Schools
- Machine Shops
Quick Summary
Peoples Bank of Commerce is an SBA-approved lender headquartered in Medford, Oregon. 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 $8.7M, with an average loan size of $362K. They primarily serve Oregon businesses.
About Peoples Bank of Commerce
Peoples Bank of Commerce is an SBA-approved lender headquartered in Medford, Oregon. Since 2020, they have approved 24 SBA 7(a) loans totaling $8.7M, with an average loan size of $362K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They primarily serve businesses in Oregon.
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Frequently Asked Questions
Is Peoples Bank of Commerce an SBA Preferred Lender?
Yes, Peoples Bank of Commerce 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 Peoples Bank of Commerce approved?
According to SBA FOIA public records, Peoples Bank of Commerce has approved 24 SBA 7(a) loans totaling $8.7M since 2020. Their average loan size is $362K.
What states does Peoples Bank of Commerce serve?
Peoples Bank of Commerce primarily serves businesses in Oregon.
How do I apply for an SBA loan with Peoples Bank of Commerce?
To apply for an SBA 7(a) loan with Peoples Bank of Commerce, 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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