SBA lender · 7(a) program
North Shore Bank of Commerce
North Shore Bank of Commerce has approved 41 SBA loans worth $12.6M since FY2010. Everything below comes from the SBA’s own loan-level records.
National rank
-
<0.01% of all SBA dollars
Total approved
$12.6M
FY2010 onward
Loans
41
Median loan
$178,500
-1% vs national
Median rate
5.75%
-1.00 pts vs national
Charge-off rate
-
Cohort too small
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Reading the record
What North Shore Bank of Commerce’s numbers say
North Shore Bank of Commerce sits in the long tail of the SBA lending field, having approved 41 loans for a gross total of $12.6M since fiscal 2010. Its median loan of $178,500 is close to the $180,000 national median.
The median initial note rate across its 7(a) approvals is 5.75%, 1.00 points below the national median of 6.75%. Rate medians drawn across fifteen years reflect the mix of loan sizes and vintages a lender wrote as much as its pricing posture - a lender that grew fastest during a high-rate stretch will look expensive here even if its spread was ordinary.
Roughly 19% of its approvals went to businesses the SBA classified as new rather than existing, against 11% nationally - a meaningfully greater appetite for startups than the average SBA lender.
What it lends against
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Questions about North Shore Bank of Commerce
- How many SBA loans has North Shore Bank of Commerce approved?
- North Shore Bank of Commerce has approved 41 SBA loans totalling $12,642,300 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it outside the top 500 among all SBA lenders by dollars approved.
- What is the typical North Shore Bank of Commerce SBA loan size?
- The median gross approval is $178,500, with the middle 80% of loans falling between $50,000 and $947,800. The national median across all SBA lenders is $180,000.
- What interest rate does North Shore Bank of Commerce charge on SBA 7(a) loans?
- The median initial note rate on North Shore Bank of Commerce's 7(a) approvals is 5.75%, compared with a national median of 6.75%. This is a historical median across all approvals since FY2010, not a quote - SBA 7(a) rates are pegged to a base rate that moves, and your rate depends on loan size, term, and credit profile.
Where to go from here
We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.