33 SBA loans worth $31.6M went to businesses in Burlington, WA between October 2021 and June 2026, from 21 lenders. Harborstone CU made the most, 5 loans. The median loan was $500,000, compared with $200,000 across Washington, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Harborstone CU Credit union · Lakewood, WA | 5 | $5.4M | $1,000,000 | 20% |
| 2 | Evergreen Business Capital Certified development company · Seattle, WA | 3 | $7.0M | $1,030,000 | 0% |
| 3 | Banner Bank Bank · Walla Walla, WA | 3 | $116K | $41,000 | 33% |
| 4 | Live Oak Banking Bank · Wilmington, NC | 2 | $1.9M | $937,500 | 50% |
| 5 | Heritage Bank Bank · Olympia, WA | 2 | $770K | $385,000 | 100% |
| 6 | Columbia Bank Bank · Roseburg, OR | 2 | $75K | $37,500 | 0% |
| 7 | U.S. Bank Bank · Cincinnati, OH | 2 | $45K | $22,500 | 50% |
| 8 | Northwest Business Development Association Certified development company · Spokane Valley, WA | 1 | $3.1M | $3,081,000 | 100% |
| 9 | Mountain Pacific Bank Bank · Everett, WA | 1 | $2.7M | $2,680,000 | 0% |
| 10 | Bank of America Bank · Charlotte, NC | 1 | $2.5M | $2,497,800 | 0% |
| 11 | Hanmi Bank Bank · Los Angeles, CA | 1 | $2.3M | $2,310,000 | 100% |
| 12 | Mechanics Bank Bank · Walnut Creek, CA | 1 | $1.4M | $1,438,000 | 0% |
| 13 | First Fed Bank Bank · Port Angeles, WA | 1 | $1.3M | $1,280,000 | 100% |
| 14 | Peoples Bank Bank · Bellingham, WA | 1 | $916K | $916,000 | 0% |
| 15 | Washington Trust Bank Bank · Spokane, WA | 1 | $500K | $500,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 9 | $150,000 | U.S. Bank | |
| Restaurants and hotels | 4 | $2,495,000 | Live Oak Banking | |
| Real estate and rental | 3 | $1,000,000 | Harborstone CU | |
| Manufacturing | 3 | $1,030,000 | Evergreen Business Capital | |
| Transportation and warehousing | 3 | $539,000 | Harborstone CU | |
| Wholesale trade | 2 | $890,000 | Washington Trust Bank | |
| Professional and technical services | 2 | $385,000 | Heritage Bank | |
| Arts, entertainment and recreation | 2 | $227,050 | Banner Bank |