SBA 7(a) loans in Washington
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data [source] · File as of September 30, 2026 · Loans approved in federal fiscal years 2024–2026 (Oct 2023 – Sept 2026) · Imported November 4, 2026
5,229loans approved
$150,000median loan
$50K–$516Kmiddle half of loans
$2.9Btotal approved
10%median initial rate
10 yrsmedian term
The median Washington loan is 14% smaller than the national median of $175,000.
Loan sizes
Top industries
| Industry (NAICS) | Loans | Median |
|---|---|---|
| Full-Service Restaurants (722511) | 312 | $320,000 |
| Limited-Service Restaurants (722513) | 198 | $315,000 |
| Gasoline Stations with Convenience Stores (457110) | 175 | $2,412,000 |
| Residential Remodelers (236118) | 165 | $50,000 |
| Fitness and Recreational Sports Centers (713940) | 116 | $350,000 |
| Plumbing, Heating, and Air-Conditioning Contractors (238220) | 108 | $150,000 |
| General Automotive Repair (811111) | 101 | $150,000 |
| Snack and Nonalcoholic Beverage Bars (722515) | 100 | $196,150 |
| Convenience Retailers (445131) | 89 | $655,000 |
| All Other Specialty Trade Contractors (238990) | 86 | $150,000 |
Most active lenders in Washington
| Lender | Loans | Median | Total |
|---|---|---|---|
| Columbia Bank | 711 | $50,000 | $67.9M |
| U.S. Bank, National Association | 467 | $50,000 | $175.6M |
| Banner Bank | 343 | $100,000 | $76.2M |
| Keybank National Association | 334 | $200,000 | $123.1M |
| Readycap Lending, LLC | 209 | $360,000 | $221.1M |
| Washington Trust Bank | 193 | $226,000 | $102.2M |
| Sound Credit Union | 180 | $32,300 | $28.1M |
| Newtek Bank, National Association | 149 | $225,000 | $60.7M |
| The Huntington National Bank | 146 | $250,000 | $71.2M |
| Northeast Bank | 134 | $134,500 | $20.5M |
SBA 504 loans in Washington
504 loans finance real estate and major equipment through a Certified Development Company (CDC). Approved FY2024–FY2026, file as of September 30, 2026 [source].
309504 loans approved
$740,000median CDC portion
$359.7Mtotal CDC portion
What these 504 amounts cover: only the SBA-backed CDC portion of each project (typically up to 40%). A bank first loan and the borrower's down payment make up the rest, so total project costs are larger.
Most active CDCs in Washington
| Lender | Loans | Median | Total |
|---|---|---|---|
| Evergreen Business Capital | 122 | $686,000 | $135.8M |
| Northwest Business Development Association | 93 | $823,000 | $106.7M |
| Ameritrust CDC | 64 | $748,500 | $79.5M |
| Capital Matrix, INC. | 16 | $581,500 | $19.7M |
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What this data does — and doesn't — tell you
- Approvals, not applications. These are loans SBA approved. The data has no denials, so it cannot tell you your odds of approval.
- Loan size is not startup cost. 7(a) loans also pay for buying existing businesses, real estate, equipment, refinancing and working capital.
- Gross approval amount. Figures are the full approved loan, including the part SBA does not guarantee. Some approved loans are later reduced or never fully disbursed.
- Industry codes are assigned at approval (NAICS) and can be imprecise — a mobile detailer may be coded as a car wash, for example.
- Medians beat averages here: a few very large loans pull averages up. We show the median and the middle half (25th–75th percentile).
- No default rates. Most recent loans are still being repaid, so charge-off rates for these years would be misleading. We don't show them.
- Cancelled loans are excluded, and any group with fewer than 10 loans is hidden. We never publish borrower names.
- Lender counts aren't a quality rating. Big national lenders make many small loans; local lenders may know your market better. Talk to several, or use SBA Lender Match.