Commonwealth Business Bank
SBA 7(a) and 504 lender, up to $5M, 10 to 25 yrs. Median 8.25% variable rate (last 12 months), 125 SBA approvals in a year. Best for property and business buyers.
Rates & Cost
What the financing costs, normalized so lenders can be compared.
Repayment Terms
How and how fast you pay it back, and how flexible it is.
Eligibility & Access
Who qualifies and what you have to put on the line.
Speed & Service
How fast you get funded and how the lender treats you.
Company Verification
Who actually stands behind the lender: legal entity, registration, and how long the business and its website have existed. Checked against public registries.
Best for: Buyers of commercial property, gas stations, hotels or existing businesses needing a large SBA 7(a) or 504 loan.
Not for: Borrowers who need cash in days or can't meet SBA equity and guarantee rules.
Lender List verdict: Commonwealth Business Bank (CBB Bank) approved 125 SBA 7(a) loans worth $204.9M in the 12 months to June 30, 2026, at a median 8.25%. It posts no rates, fees or timeline.
Commonwealth Business Bank at a glance
| Commonwealth Business Bank | |
|---|---|
| Lender type | FDIC-insured bank (cert 57873), founded 2005, Los Angeles |
| Term | 10 to 25 years (median 300 months) |
| Products | SBA 7(a), SBA 504, commercial loans |
| Amounts | Up to $5M (7(a)); median loan $767K |
| Cost (headline) | Median 8.25% variable (12 months to June 2026) |
| Status | Active |
What is Commonwealth Business Bank?
Commonwealth Business Bank is a Los Angeles bank, chartered in 2005, that has approved 1,068 SBA 7(a) loans worth $1.39B since FY2020 (SBA 7(a) FOIA data, as of June 30, 2026). Its parent is CBB Bancorp, Inc. (OTC: CBBI), and it held $1.92B in assets on September 30, 2026.
How Commonwealth Business Bank SBA loans work
Commonwealth Business Bank offers SBA 7(a) loans up to $5M over 10 to 25 years and 504 loans covering up to 90% of a project.
- 7(a): 99.8% variable-rate
- 504: fixed or variable, from 10% down
- Volume: 113, 116 and 99 approvals in FY2024 to FY2026 (to June 30); FY2026 average about $1.75M; PLP status not published
Commonwealth Business Bank rates and fees
Commonwealth Business Bank's SBA 7(a) loans carried a median rate of 8.25% in the 12 months to June 30, 2026, roughly Prime + 1.5% at the 6.75% Prime then in force. Prime is now 7.00%, putting the SBA cap at 10.0% over $350K.
- SBA guaranty fee: 3% of the guaranteed portion on $150,001 to $700K
- Prepayment: SBA fee of 5%/3%/1% only if 25%+ of a 15+ year loan is prepaid in years one to three; no published lender fees
Worked example: $350,000 over 10 years at 8.25% costs $4,292.84 a month, or $165,141.03 in interest. Add the $7,875 guaranty fee ($350,000 × 75% × 3%) for a total cost of $173,016.03, roughly 8.8% APR. At the 11.5% SBA cap for a $350,000 loan, the payment is $4,920.84.
Commonwealth Business Bank requirements
Commonwealth Business Bank follows SBA rules and publishes no credit-score or time-in-business minimum.
| Requirement | Commonwealth Business Bank minimum |
|---|---|
| SBA size standard | Most non-manufacturers under $7.5M average receipts |
| Equity injection | 10% for startups and buyouts |
| Personal guarantee | Every owner of 20% or more |
Compare Lendistry, a Los Angeles SBA lender, or browse SBA 7(a) loans.
Frequently asked questions about Commonwealth Business Bank
Is Commonwealth Business Bank Legit? Yes. Commonwealth Business Bank is an FDIC-insured bank (certificate 57873) operating since 2005; parent CBB Bancorp reported it well capitalized in October 2026. It has approved 1,068 SBA 7(a) loans since FY2020, with no charge-offs recorded in SBA's public loan data.
How Long Does Commonwealth Business Bank Take to Close an SBA Loan? Expect about 60 to 90 days, the usual span for a standard SBA 7(a) loan from application to funding; Commonwealth Business Bank does not publish its own timeline. Ask whether your file needs separate SBA review, which adds 5 to 10 business days.
Does Commonwealth Business Bank Lend to Startups? Possibly. SBA 7(a) rules allow startup loans if owners inject at least 10% of the project cost and every 20% owner signs a personal guarantee, but the bank publishes no startup policy. Property-backed projects fit its existing loan mix best.
Where Is Commonwealth Business Bank Located? Commonwealth Business Bank is headquartered in Los Angeles, California, with 12 branches in California, Texas, Hawaii, New Jersey and New York and loan offices in Georgia and Virginia. It lends nationwide; its SBA 7(a) loans since FY2020 reached 38 states.
Last verified 2026-10-27. Pricing and terms are provider-stated or third-party-reported and vary by offer; confirm with the lender before applying.
Best for: Buyers of commercial property, gas stations, hotels or existing businesses needing a large SBA 7(a) or 504 loan.
Not for: Borrowers who need cash in days or can't meet SBA equity and guarantee rules.
Lender List verdict: Commonwealth Business Bank (CBB Bank) approved 125 SBA 7(a) loans worth $204.9M in the 12 months to June 30, 2026, at a median 8.25%. It posts no rates, fees or timeline.
Commonwealth Business Bank at a glance
| Commonwealth Business Bank | |
|---|---|
| Lender type | FDIC-insured bank (cert 57873), founded 2005, Los Angeles |
| Term | 10 to 25 years (median 300 months) |
| Products | SBA 7(a), SBA 504, commercial loans |
| Amounts | Up to $5M (7(a)); median loan $767K |
| Cost (headline) | Median 8.25% variable (12 months to June 2026) |
| Status | Active |
What is Commonwealth Business Bank?
Commonwealth Business Bank is a Los Angeles bank, chartered in 2005, that has approved 1,068 SBA 7(a) loans worth $1.39B since FY2020 (SBA 7(a) FOIA data, as of June 30, 2026). Its parent is CBB Bancorp, Inc. (OTC: CBBI), and it held $1.92B in assets on September 30, 2026.
How Commonwealth Business Bank SBA loans work
Commonwealth Business Bank offers SBA 7(a) loans up to $5M over 10 to 25 years and 504 loans covering up to 90% of a project.
- 7(a): 99.8% variable-rate
- 504: fixed or variable, from 10% down
- Volume: 113, 116 and 99 approvals in FY2024 to FY2026 (to June 30); FY2026 average about $1.75M; PLP status not published
Commonwealth Business Bank rates and fees
Commonwealth Business Bank's SBA 7(a) loans carried a median rate of 8.25% in the 12 months to June 30, 2026, roughly Prime + 1.5% at the 6.75% Prime then in force. Prime is now 7.00%, putting the SBA cap at 10.0% over $350K.
- SBA guaranty fee: 3% of the guaranteed portion on $150,001 to $700K
- Prepayment: SBA fee of 5%/3%/1% only if 25%+ of a 15+ year loan is prepaid in years one to three; no published lender fees
Worked example: $350,000 over 10 years at 8.25% costs $4,292.84 a month, or $165,141.03 in interest. Add the $7,875 guaranty fee ($350,000 × 75% × 3%) for a total cost of $173,016.03, roughly 8.8% APR. At the 11.5% SBA cap for a $350,000 loan, the payment is $4,920.84.
Commonwealth Business Bank requirements
Commonwealth Business Bank follows SBA rules and publishes no credit-score or time-in-business minimum.
| Requirement | Commonwealth Business Bank minimum |
|---|---|
| SBA size standard | Most non-manufacturers under $7.5M average receipts |
| Equity injection | 10% for startups and buyouts |
| Personal guarantee | Every owner of 20% or more |
Compare Lendistry, a Los Angeles SBA lender, or browse SBA 7(a) loans.
Frequently asked questions about Commonwealth Business Bank
Is Commonwealth Business Bank Legit? Yes. Commonwealth Business Bank is an FDIC-insured bank (certificate 57873) operating since 2005; parent CBB Bancorp reported it well capitalized in October 2026. It has approved 1,068 SBA 7(a) loans since FY2020, with no charge-offs recorded in SBA's public loan data.
How Long Does Commonwealth Business Bank Take to Close an SBA Loan? Expect about 60 to 90 days, the usual span for a standard SBA 7(a) loan from application to funding; Commonwealth Business Bank does not publish its own timeline. Ask whether your file needs separate SBA review, which adds 5 to 10 business days.
Does Commonwealth Business Bank Lend to Startups? Possibly. SBA 7(a) rules allow startup loans if owners inject at least 10% of the project cost and every 20% owner signs a personal guarantee, but the bank publishes no startup policy. Property-backed projects fit its existing loan mix best.
Where Is Commonwealth Business Bank Located? Commonwealth Business Bank is headquartered in Los Angeles, California, with 12 branches in California, Texas, Hawaii, New Jersey and New York and loan offices in Georgia and Virginia. It lends nationwide; its SBA 7(a) loans since FY2020 reached 38 states.
Last verified 2026-10-27. Pricing and terms are provider-stated or third-party-reported and vary by offer; confirm with the lender before applying.
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