Celtic Bank Corporation
Headquartered in SALT LAKE CITY, UT. Analysis based on 5,139 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $3.61B.
Risk ranking: Among 65 lenders with 500+ mature SBA 7(a) loans (FY2020–FY2023),
Celtic Bank Corporation ranks #50 by charge-off rate (2.71%).
Total 7(a) loans
5,139
Total approved
$3.61B
Average loan
$703K
States funded in
53
Charge-off rate
2.71%
FY2020–FY2023 cohort
Paid-in-full rate
28.74%
Average rate
9.24%
Average term
157 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 722511 | Full-Service Restaurants | 221 |
| 721110 | Hotels (except Casino Hotels) and Motels | 167 |
| 484110 | General Freight Trucking, Local | 156 |
| 722513 | Limited-Service Restaurants | 142 |
| 811192 | Car Washes | 117 |
| 447110 | Gasoline Stations with Convenience Stores | 104 |
| 236118 | Residential Remodelers | 88 |
| 812112 | Beauty Salons | 86 |
| 623312 | Homes for the Elderly | 84 |
| 624410 | Child Day Care Services | 82 |
Top 10 states
| State | Loans |
|---|---|
| CA | 1,056 |
| TX | 477 |
| FL | 425 |
| NY | 250 |
| AZ | 234 |
| GA | 209 |
| UT | 163 |
| NC | 148 |
| WA | 136 |
| CO | 136 |
Top franchise brands financed
610 franchise loans across 296 distinct brands.
| Franchise | Loans |
|---|---|
| redbox+ | 22 |
| AM/PM Mini-Mart Agreement - AR | 21 |
| WaterStation | 18 |
| Motel 6 | 15 |
| Urban Air Adventure Park | 11 |
| Paris Baguette | 11 |
| The Learning Experience | 10 |
| Econo Lodge by Choice Hotels/E | 9 |
| Jackson Food Stores, Inc. (Exx | 9 |
| Chevron - Retail Supply Contra | 9 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.