Celtic Bank Corporation: SBA Lending Profile
Celtic Bank Corporation is an FDIC-insured bank, headquartered in Salt Lake City, UT. It is a national lender, with SBA loans on record in 53 states and territories. Everything below comes from federal SBA loan records, not from the lender's marketing. This is what it has actually funded.
Loan sizes Celtic Bank Corporation actually approves
The median SBA approval at Celtic Bank Corporation is $150,000. The middle 80% of its loans fall between $60,000 and $2,045,160. The smallest funded approval in the available source window is $2,900 and the largest is $5,000,000. If the amount you need sits far outside that range, this is probably not the right first call, no matter what the website says.
Programs
| Program | Loans FY25-26 | Median size | Median rate | Median term |
|---|---|---|---|---|
| SBA 7(a) | 2,427 | $150K | 10.25% | 10 years |
| 504 first mortgage (third party) | 119 | $3.6M | n/a | 25 years |
Industries it funds most
| Industry | Funded loans in source data | Share |
|---|---|---|
| Full-Service Restaurants | 223 | 4.2% |
| Gasoline Stations with Convenience Stores | 160 | 3% |
| Hotels (except Casino Hotels) and Motels | 156 | 2.9% |
| Limited-Service Restaurants | 146 | 2.7% |
| General Freight Trucking, Local | 144 | 2.7% |
| Car Washes | 111 | 2.1% |
| Gasoline Stations with Convenience Stores | 97 | 1.8% |
| Residential Remodelers | 92 | 1.7% |
| Assisted Living Facilities for the Elderly | 89 | 1.7% |
| Beauty Salons | 89 | 1.7% |
| Child Day Care Services | 87 | 1.6% |
| Insurance Agencies and Brokerages | 77 | 1.4% |
How fast Celtic Bank Corporation actually funds
Approval is not money in the bank. Across 5,225 loans where both dates are on record, the typical gap between SBA approval and first disbursement at Celtic Bank Corporation is 10 days. Half its loans fund between 6 and 22 days. That is fast. The typical SBA lender takes about 20 days, and many take far longer.
Lending momentum
Celtic Bank Corporation is expanding its SBA program. Approvals are up 101.3% from FY2023 to FY2025, which usually means an active appetite and a team that wants deals.
Funded approvals by SBA fiscal year (October to September). FY2026 is excluded because it is still in progress.
Conventional small business lending, beyond SBA
SBA loans are a fraction of most banks' small business lending. Under the Community Reinvestment Act, Celtic Bank Corporation reported 992 small business loan originations in 2024, totaling $215M, at an average of about $216K per loan across 47 states. 66.8% of those loans went to businesses with under $1M in annual revenue.
Borrower profile
- 20.8% of its funded SBA records with known business age went to startups or businesses under two years old.
- Collateral was taken on 85.8% of its recent SBA loans.
- 0.1% of its loans carry fixed rates; the rest are variable.
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Sources and limits. Figures are derived from U.S. Small Business Administration 7(a) and 504 FOIA loan-level records (data as of 2026-06-30, retrieved 2026-08-08) and FDIC public institution data. Conventional small business lending figures from FFIEC CRA disclosure data (2024 activity year); CRA loan counts include business credit card originations at some institutions. Funding speed is the median gap between approval date and first disbursement date in SBA records. Some lenders report disbursement at month end, which can round the figure upward. They describe past lending activity only. They are not rate quotes, not current offers, and not an indication that any business will qualify. Lender programs and criteria change. Big Brain Funding is not affiliated with or endorsed by Celtic Bank Corporation.