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SBA lenders in Olympia, WA

SBA 7(a) and 504 loans to businesses in Olympia (Thurston County), October 2021 to June 30, 2026 · Updated October 15, 2026
224
SBA loans approved
$160.4M
Total approved
$286,800
Median loan
53
Lenders active
27%
To startups

224 SBA loans worth $160.4M went to businesses in Olympia, WA between October 2021 and June 2026, from 53 lenders. Columbia Bank made the most, 30 loans. The median loan was $286,800, compared with $200,000 across Washington, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Olympia

#LenderLoansApprovedMedian loanTo startups
1Columbia Bank
Bank · Roseburg, OR
30$3.1M$50,00013%
2Ameritrust CDC
Certified development company · Edmonds, WA
18$19.5M$392,50011%
3Readycap Lending
Non-bank lender · Berkeley Heights, NJ
17$23.9M$756,00018%
4KeyBank
Bank · Cleveland, OH
14$10.3M$150,00086%
5Heritage Bank
Bank · Olympia, WA
11$10.6M$780,0009%
6Northeast Bank
Bank · Portland, ME
9$1.8M$150,00011%
7Evergreen Business Capital
Certified development company · Seattle, WA
8$4.8M$491,5000%
8Huntington National Bank
Bank · Columbus, OH
8$1.9M$255,00038%
9Sound Credit Union
Credit union · Tacoma, WA
8$1.6M$42,45075%
10Newtek Bank
Bank · Miami, FL
7$1.5M$125,0000%
11Hanmi Bank
Bank · Los Angeles, CA
6$9.5M$724,00017%
12Gesa CU
Credit union · Richland, WA
6$2.8M$273,9500%
13U.S. Bank
Bank · Cincinnati, OH
6$2.3M$110,10017%
14Harborstone CU
Credit union · Lakewood, WA
5$1.6M$250,00060%
15Olympia Federal Savings and Loan Association
Bank · Olympia, WA
5$1.5M$337,00080%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Olympia. For 504 loans the lender shown is the certified development company.

What gets financed in Olympia

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels37
17%
$416,700Heritage Bank
Retail35
16%
$863,000Readycap Lending
Professional and technical services29
13%
$150,000Columbia Bank
Health care and social assistance27
12%
$202,000KeyBank
Other services (repair, personal care)25
11%
$250,000Ameritrust CDC
Construction22
10%
$250,000Northeast Bank
Arts, entertainment and recreation14
6%
$356,850KeyBank
Administrative and support services12
5%
$155,000Columbia Bank
Loan size mix
  • Under $150,00033%
  • $150,000 to $500,00033%
  • $500,000 to $2 million23%
  • $2 million and up11%
Compared with Washington
Median loan, Olympia
$286,800
Median loan, Washington
$200,000
Startup share, Olympia
27%
Startup share, Washington
29%
Share of state's SBA loans
2.6%

SBA loans per fiscal year in Olympia

0234770FY14: 35 loansFY14FY15: 38 loansFY15FY16: 39 loansFY16FY17: 57 loansFY17FY18: 30 loansFY18FY19: 65 loansFY19FY20: 41 loansFY20FY21: 45 loansFY21FY22: 38 loansFY22FY23: 39 loansFY23FY24: 52 loansFY24FY25: 66 loansFY2566FY26 (Oct to Jun): 29 loansFY2629
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.