# Small business loans in Meridian, ID

**Short answer:** The most active SBA lenders in Meridian, ID since FY2024 are Idaho Central Credit Union (29 loans) and Zions Bank (29). The median loan was $150,000, and half fell between $50,000 and $381,750. For free help, see the Idaho SBDC. Source: SBA 7(a) loan data.

Canonical page: https://www.sbaexpress.loans/idaho-small-business-loans/meridian/
Data as of: 2026-06-30

## Lenders making SBA loans in Meridian

No lender made more than 17% of the loans in Meridian, and Idaho Central Credit Union made the most. The five largest lenders together made 51%.

**Lenders with five or more SBA loans in Meridian, ID, FY2024 to June 2026**

| Lender | Loans | Share |
| --- | --- | --- |
| [Idaho Central Credit Union](https://www.sbaexpress.loans/sba-express-lenders/idaho-central-credit-union/): Credit union | 29 | 16.9% |
| [Zions Bank](https://www.sbaexpress.loans/sba-express-lenders/zions-bank/idaho/) | 29 | 16.9% |
| [U.S. Bank](https://www.sbaexpress.loans/sba-express-lenders/u-s-bank/) | 12 | 7.0% |
| [Columbia Bank](https://www.sbaexpress.loans/sba-express-lenders/columbia-bank/idaho/) | 9 | 5.2% |
| [The Huntington National Bank](https://www.sbaexpress.loans/sba-express-lenders/the-huntington-national-bank/idaho/) | 9 | 5.2% |

Share is the percent of all Meridian loans in that period. Each name links to that lender's page for Idaho where one exists.

## Local help near Meridian

Meridian borrowers can start with SBA's district offices for Idaho, an SBDC or SCORE.

49% of Meridian borrowers since FY2024 were startups or businesses two years old or younger. SBDCs provide counseling and training, and SCORE mentors give advice at no cost, according to SBA.

SBA runs two district offices that cover Idaho. Each page points to state and federal resources and to lenders in its area. The Idaho SBDC gives free counseling across Idaho.

- [SBA Boise District Office (serves southern Idaho): SBA district office](https://www.sba.gov/district/boise)
- [SBA Seattle District Office (serves northern Idaho): SBA district office](https://www.sba.gov/district/seattle)
- [Idaho SBDC (Boise State University): Small Business Development Center](https://idahosbdc.org/)
- [SCORE mentors in Idaho: Business mentoring](https://www.score.org/id/)

Alongside SBA loans, Idaho runs a loan program. The [Idaho page](https://www.sbaexpress.loans/idaho-small-business-loans/#loan-programs-in-idaho) describes it, and the official page is linked here.

- [Idaho Collateral Support Program](https://www.idahohousing.com/partners/project-financing/collateral-support-program/)

## Loan counts and sizes in Meridian

Meridian ranks 2nd by loans since FY2024 among the 7 Idaho cities with 100 or more SBA loans since FY2020. Nationally it is the 95th busiest of the 580 cities that reach 100 loans.

The 172 loans, 9.8% of the 1,758 in Idaho, were approved for $76.0 million in all. The median loan was $150,000, close to the national median of $150,300. Half of the loans fell between $50,000 and $381,750. The Meridian median is 26% above the Idaho median of $119,300.

**Meridian, ID compared with Idaho and the nation, loans from FY2024 to June 2026**

| Measure | Meridian | Idaho | U.S. |
| --- | --- | --- | --- |
| Loans | 172 | 1,758 | 162,355 |
| Median loan | $150,000 | $119,300 | $150,300 |
| 25th percentile | $50,000 | $50,000 | $50,000 |
| 75th percentile | $381,750 | $350,000 | $500,000 |
| Via SBA Express | 34.3% | 45.8% | 35.8% |
| Lines of credit | 28.5% | 38.2% | 28.1% |
| Startups | 23.3% | 17.1% | 16.1% |
| Ownership changes | 10.5% | 8.5% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 2.5 | 2.5 | 2.75 |
| Charged off | Fewer than 5 | 1.4% | 3.6% |

A quarter of loans were smaller than the 25th percentile loan and a quarter were larger than the 75th. Median spread is in percentage points over Prime. Charged off is the share of FY2020 to FY2022 loans a lender wrote off as a loss. It is shown only for groups of 30 loans or more. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish. U.S. covers every loan in the file.

80% of the loans were $500,000 or less, the size SBA Express covers. 34.3% of all loans went through SBA Express, close to the national 35.8%. Lines of credit were 28.5% of loans, close to the national 28.1%.

SBA loans in Meridian, ID by size, FY2024 to June 2026

- $50,000 or less (29%): 50
- $50,001 to $150,000 (23%): 40
- $150,001 to $350,000 (22%): 37
- $350,001 to $500,000 (6%): 11
- $500,001 to $1,000,000 (10%): 17
- $1,000,001 to $2,000,000 (5%): 8
- Over $2,000,000 (5%): 9

Labels show each size's share of all loans. The highlighted bar is the size band that contains the median.

By business age, 40.7% of loans went to businesses more than two years old and 25.6% to businesses two years old or younger. Startups received 23.3% and changes of ownership 10.5%. The national startup share is 16.1%.

SBA loans in Meridian, ID by fiscal year

- FY2020: 31
- FY2021: 37
- FY2022: 44
- FY2023: 46
- FY2024: 64
- FY2025: 63
- FY2026 (through June 30): 45

Fiscal years run October to September. The last bar covers nine of its twelve months.

Volume held steady from FY2024 (64 loans) to FY2025 (63), the two latest full years. The busiest full year in the file was FY2024, with 64 loans. FY2026 already shows 45 loans through June 30.

Of the 112 loans Meridian borrowers received in FY2020 to FY2022, fewer than 5 were charged off by June 30, 2026, against 3.6% nationally. Lenders reported 1,655 jobs supported across the 172 loans since FY2024, about 9.6 per loan. SBA does not audit these estimates.

## What businesses in Meridian borrow for

Beauty Salons was the largest borrower group in Meridian, with 7 loans or 4.1% of the total.

The five largest industries made up 18% of all Meridian loans.

**Industries with the most SBA loans in Meridian, ID, FY2024 to June 2026**

| Industry | Loans | Share | U.S. share |
| --- | --- | --- | --- |
| [Beauty Salons](https://www.sbaexpress.loans/industries/beauty-salons/) | 7 | 4.1% | 1.5% |
| [Plumbing, Heating, and Air-Conditioning Contractors](https://www.sbaexpress.loans/industries/plumbing-heating-air-conditioning-contractors/) | 7 | 4.1% | 1.9% |
| [Fitness and Recreational Sports Centers](https://www.sbaexpress.loans/industries/fitness-recreational-sports-centers/) | 6 | 3.5% | 2.1% |
| [Limited-Service Restaurants](https://www.sbaexpress.loans/industries/limited-service-restaurants/) | 6 | 3.5% | 3.3% |
| [All Other Amusement and Recreation Industries](https://www.sbaexpress.loans/industries/all-other-amusement-recreation-industries/) | 5 | 2.9% | 0.9% |

Share is the percent of all Meridian loans in that period. Industry is the NAICS code on each loan. A name links to the Idaho page for that industry where one exists.

## A typical loan payment in Meridian

The median Meridian loan was $150,000 with a median term of 10 years.

The median variable-rate loan in Meridian was priced at Prime plus 2.5 percentage points at approval. At today's Prime that spread works out to 9.50%. On $150,000 over 10 years, principal and interest would come to about $1,941 a month. That is arithmetic on past loans, not a rate a lender is offering.

**Payment at today's rate on three Meridian loan sizes over 10 years**

| Loan | Amount | Monthly payment |
| --- | --- | --- |
| 25th percentile loan | $50,000 | $647 |
| Median loan | $150,000 | $1,941 |
| 75th percentile loan | $381,750 | $4,940 |

Principal and interest only. Fees, a different term or a fixed rate change the payment. This is an illustration from SBA's file, not an offer.

SBA's rate ceiling for this loan size

SBA's maximum for a loan of $150,000 is Prime plus 6.0 percentage points, or 13.00% today. The median variable-rate loan here was priced 3.5 points under that ceiling. Source: 13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).

Meridian loans approved since FY2024 had a median starting rate of 10% at approval, against 10.25% nationally. Prime changed during those years, so use the spread above, not that rate, as the guide to today's cost.

Run your own numbers: [payments on a $150,000 loan](https://www.sbaexpress.loans/loan-amounts/150000-business-loan/) and [SBA Express payment calculator](https://www.sbaexpress.loans/sba-express-payment-calculator/).

## SBA 504 loans near Meridian

Meridian has 21 SBA 504 loans since FY2024, with $25.1 million in SBA and CDC dollars.

The median 504 loan in Meridian was $740,000 in SBA and CDC dollars, 15% of the $5,000,000 program maximum. The bank's share of each project is separate and is not counted in these figures.

Capital Matrix, Inc. is the Certified Development Company (CDC) named on the most loans since FY2020, with 50. Panhandle Area Council, Inc. follows with 6. The three CDCs listed are named on 61 loans between them.

**CDCs named on five or more 504 loans in Meridian, FY2020 to June 2026**

| Certified Development Company | 504 loans |
| --- | --- |
| Capital Matrix, Inc. | 50 |
| Panhandle Area Council, Inc. | 6 |
| Region IV Development Corporation | 5 |

How a 504 loan is split

A standard 504 project is 50% third party lender, 40% CDC debenture, 10% borrower. 504 money pays for major fixed assets such as land, buildings and long-term machinery and equipment, not working capital or inventory. Source: SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221). SBA keeps a [list of Certified Development Companies](https://www.sba.gov/loans/504-loans/list-of-certified-development-companies/).

## Idaho cities near Meridian

Meridian made up 9.8% of Idaho's SBA loans since FY2024.

Meridian is one of 7 Idaho cities with 100 or more SBA loans since FY2020. The [Idaho page](https://www.sbaexpress.loans/idaho-small-business-loans/) covers all 1,758 loans in Idaho. The closest come first, ranked by county and ZIP code on their loans.

- [Boise: 290 loans, median $150,000](https://www.sbaexpress.loans/idaho-small-business-loans/boise/)
- [Nampa: 116 loans, median $109,500](https://www.sbaexpress.loans/idaho-small-business-loans/nampa/)
- [Coeur d'Alene: 67 loans, median $150,000](https://www.sbaexpress.loans/idaho-small-business-loans/coeur-d-alene/)
- [Post Falls: 48 loans, median $150,000](https://www.sbaexpress.loans/idaho-small-business-loans/post-falls/)
- [Idaho Falls: 121 loans, median $120,000](https://www.sbaexpress.loans/idaho-small-business-loans/idaho-falls/)
- [Pocatello: 51 loans, median $100,000](https://www.sbaexpress.loans/idaho-small-business-loans/pocatello/)

## Common questions about SBA loans in Meridian

### Which lenders make the most SBA loans in Meridian?

Idaho Central Credit Union leads with 29 loans in Meridian since FY2024. Zions Bank (29) and U.S. Bank (12) follow. Only lenders with five or more Meridian loans are counted.

### Which industries get SBA loans in Meridian?

Beauty Salons leads with 7 loans in Meridian since FY2024. Plumbing, Heating, and Air-Conditioning Contractors (7) and Fitness and Recreational Sports Centers (6) follow.

How to read this

Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Location is the borrower's address in the file, and city names are as SBA recorded them. Recent means FY2024 through June 30, 2026. Charge-off rates use FY2020 to FY2022 loans, the only years old enough to have had time to go bad. Jobs supported are lender-reported estimates. [How we build these pages](https://www.sbaexpress.loans/method/).

## Sources

- [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)
- [SBA, 504 loans](https://www.sba.gov/loans/504-loans/)
- [SBA, resource partners: SBDCs and SCORE](https://www.sba.gov/counseling/local-assistance/resource-partners/)
- [SBA Boise District Office (serves southern Idaho)](https://www.sba.gov/district/boise)
- [SBA Seattle District Office (serves northern Idaho)](https://www.sba.gov/district/seattle)
- [Idaho SBDC (Boise State University)](https://idahosbdc.org/)
- [SCORE, Idaho](https://www.score.org/id/)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)](https://www.sba.gov/loans/504-loans/)
- [SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)](https://www.ecfr.gov/current/title-13/section-120.214)