8,664 SBA loans worth $5.1B went to Washington businesses between October 2021 and June 2026, from 196 lenders. Columbia Bank made the most 7(a) loans, 1,009 or 12% of the state's total, and the ten most active lenders made 54%. The median 7(a) loan was $170,000, above the national median of $158,000. Restaurants and hotels was the most financed industry, at 15% of loans. Annual loan count rose 54% from fiscal 2023 to fiscal 2025.
| # | Lender | Loans | Approved | Median loan | To startups | Most common borrower |
|---|---|---|---|---|---|---|
| 1 | Columbia Bank Bank · Roseburg, OR | 1,009 | $186.9M | $50,000 | 8% | Construction |
| 2 | U.S. Bank Bank · Cincinnati, OH | 699 | $216.0M | $50,000 | 37% | Construction |
| 3 | KeyBank Bank · Cleveland, OH | 588 | $227.3M | $150,000 | 71% | Restaurants and hotels |
| 4 | Banner Bank Bank · Walla Walla, WA | 523 | $118.1M | $100,000 | 22% | Construction |
| 5 | Northeast Bank Bank · Portland, ME | 307 | $47.9M | $125,000 | 10% | Construction |
| 6 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 291 | $307.5M | $375,000 | 22% | Retail |
| 7 | Washington Trust Bank Bank · Spokane, WA | 286 | $147.6M | $248,000 | 48% | Construction |
| 8 | Newtek Bank Bank · Miami, FL | 244 | $94.6M | $200,000 | 18% | Health care and social assistance |
| 9 | Huntington National Bank Bank · Columbus, OH | 222 | $105.1M | $257,000 | 44% | Restaurants and hotels |
| 10 | Sound Credit Union Credit union · Tacoma, WA | 218 | $35.4M | $30,000 | 59% | Construction |
| 11 | BayFirst National Bank Bank · St. Petersburg, FL | 214 | $33.3M | $150,000 | 0% | Construction |
| 12 | Wells Fargo Bank Bank · Sioux Falls, SD | 188 | $75.9M | $22,500 | 81% | Construction |
| 13 | Live Oak Banking Bank · Wilmington, NC | 182 | $276.2M | $1,000,000 | 26% | Health care and social assistance |
| 14 | JPMorgan Chase Bank Bank · Columbus, OH | 162 | $50.4M | $200,000 | 13% | Construction |
| 15 | Gesa CU Credit union · Richland, WA | 157 | $103.8M | $450,000 | 13% | Restaurants and hotels |
| 16 | Heritage Bank Bank · Olympia, WA | 156 | $106.7M | $327,500 | 24% | Restaurants and hotels |
| 17 | Bank of America Bank · Charlotte, NC | 138 | $71.9M | $257,900 | 12% | Professional and technical services |
| 18 | Celtic Bank Bank · Salt Lake City, UT | 130 | $142.8M | $385,150 | 32% | Retail |
| 19 | Harborstone CU Credit union · Lakewood, WA | 116 | $78.9M | $442,500 | 27% | Restaurants and hotels |
| 20 | Hanmi Bank Bank · Los Angeles, CA | 110 | $90.0M | $430,500 | 7% | Restaurants and hotels |
| 21 | RiverBank Bank · Spokane, WA | 81 | $34.9M | $235,000 | 15% | Construction |
| 22 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 74 | $16.1M | $150,000 | 0% | Transportation and warehousing |
| 23 | WaFd Bank Bank · Seattle, WA | 68 | $5.9M | $44,600 | 31% | Construction |
| 24 | Enterprise Bank & Trust Bank · Clayton, MO | 67 | $78.7M | $932,000 | 21% | Restaurants and hotels |
| 25 | Bank of Hope Bank · Los Angeles, CA | 66 | $120.2M | $1,031,500 | 41% | Restaurants and hotels |
| # | Certified development company | Loans | SBA portion approved | Median |
|---|---|---|---|---|
| 1 | Evergreen Business Capital Seattle, WA | 215 | $237.5M | $685,000 |
| 2 | Northwest Business Development Association Spokane Valley, WA | 207 | $229.9M | $757,000 |
| 3 | Ameritrust CDC Edmonds, WA | 101 | $113.8M | $743,000 |
| 4 | Capital Matrix Boise, ID | 23 | $28.7M | $718,000 |
| 5 | Cascade Capital Funding Salem, OR | 10 | $16.3M | $1,355,000 |
| 6 | Mortgage Capital Development Oakland, CA | 2 | $4.5M | $2,255,500 |
| 7 | Panhandle Area Council Hayden, ID | 2 | $794K | $397,000 |
| 8 | Mountain West Small Business Finance Salt Lake City, UT | 1 | $713K | $713,000 |
| 9 | Southland Economic Development Santa Ana, CA | 1 | $698K | $698,000 |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 1,303 | $336,000 | KeyBank | |
| Construction | 1,299 | $100,000 | Columbia Bank | |
| Retail | 1,187 | $420,000 | Readycap Lending | |
| Health care and social assistance | 898 | $320,500 | Columbia Bank | |
| Other services (repair, personal care) | 737 | $150,000 | Columbia Bank | |
| Professional and technical services | 700 | $150,000 | Columbia Bank | |
| Manufacturing | 516 | $246,250 | Columbia Bank | |
| Transportation and warehousing | 430 | $75,000 | KeyBank | |
| Administrative and support services | 428 | $150,000 | Columbia Bank | |
| Arts, entertainment and recreation | 312 | $283,500 | KeyBank | |
| Wholesale trade | 246 | $250,000 | Columbia Bank | |
| Real estate and rental | 179 | $200,000 | Columbia Bank |
| City | Loans | Approved | Median loan | Most active lender |
|---|---|---|---|---|
| Seattle | 1,167 | $683.7M | $265,000 | KeyBank |
| Spokane | 484 | $258.9M | $202,000 | RiverBank |
| Vancouver | 448 | $250.7M | $150,000 | Columbia Bank |
| Tacoma | 431 | $226.2M | $153,000 | Columbia Bank |
| Kent | 246 | $190.8M | $250,000 | KeyBank |
| Olympia | 224 | $160.4M | $286,800 | Columbia Bank |
| Bellevue | 205 | $136.8M | $267,500 | Columbia Bank |
| Puyallup | 198 | $94.7M | $132,750 | Columbia Bank |
| Everett | 183 | $151.9M | $400,000 | Columbia Bank |
| Renton | 172 | $92.7M | $250,000 | U.S. Bank |
| Auburn | 166 | $81.8M | $150,000 | Columbia Bank |
| Bellingham | 155 | $105.6M | $328,000 | Harborstone CU |
| Federal Way | 149 | $58.3M | $180,000 | Columbia Bank |
| Yakima | 143 | $77.0M | $165,600 | Banner Bank |
| Kirkland | 143 | $96.0M | $202,700 | KeyBank |
68 Washington cities and suburbs with at least 25 SBA loans since October 2021. Search any zip code at the top of the page.