Northrim Bank approved 49 SBA loans worth $27.8M between October 2021 and June 2026, ranking #568 of 2,283 SBA lenders nationally by loan count. Its median loan was $225,500, and 41% went to startups or businesses under two years old. It lent in 2 states, most often in Alaska, and its most financed industry was construction.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Alaska | 48 | $22.8M | $212,750 | #5 |
| Washington | 1 | $5.0M | $5,000,000 | #180 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Construction | 9 | $250,000 | |
| Restaurants and hotels | 5 | $667,000 | |
| Other services (repair, personal care) | 5 | $140,000 | |
| Manufacturing | 4 | $66,250 | |
| Retail | 4 | $357,500 | |
| Administrative and support services | 4 | $163,400 | |
| Transportation and warehousing | 4 | $374,850 | |
| Real estate and rental | 3 | $1,450,000 | |
| Agriculture, forestry and fishing | 2 | $475,000 | |
| Mining and oil and gas | 2 | $375,000 |