Washington SBA Loan Data
54,045 loans totaling $20.8B across all SBA programs.
Total Loans
54,045
1992–2025
Total Volume
$20.8B
Gross approval amount
Avg Loan Size
$385K
Median: $150K
Avg Interest Rate
7.27%
Default rate: 9.6%
SBA Lending by County
Click any county to explore its loan data. Showing: Total Volume
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Counties in Washington
| King → | 18,623 | $7.0B | $373K |
| Snohomish → | 6,106 | $2.5B | $409K |
| Pierce → | 5,709 | $2.4B | $423K |
| Spokane → | 4,318 | $1.3B | $305K |
| Clark → | 2,919 | $1.2B | $399K |
| Thurston → | 1,809 | $844.2M | $467K |
| Whatcom → | 1,879 | $708.8M | $377K |
| Kitsap → | 1,761 | $654.8M | $372K |
| Yakima → | 1,438 | $509.7M | $354K |
| Skagit → | 1,212 | $474.0M | $391K |
| Benton → | 1,314 | $453.0M | $345K |
| Grant → | 594 | $273.8M | $461K |
| Cowlitz → | 553 | $265.0M | $479K |
| Grays Harbor → | 364 | $253.1M | $695K |
| Chelan → | 613 | $241.1M | $393K |
| Clallam → | 463 | $224.0M | $484K |
| Franklin → | 501 | $182.1M | $364K |
| Lewis → | 382 | $160.8M | $421K |
| Island → | 462 | $156.9M | $340K |
| Kittitas → | 253 | $141.8M | $560K |
| Mason → | 325 | $128.8M | $396K |
| Walla Walla → | 274 | $100.0M | $365K |
| Jefferson → | 216 | $86.4M | $400K |
| Okanogan → | 243 | $77.3M | $318K |
| Douglas → | 173 | $63.5M | $367K |
Showing 1–25 of 40
Washington Loan Status
Washington Loan Status showing Active: 16.7%, Paid in Full: 62.4%, Charged Off: 8.4%, Cancelled: 11.3%, Committed: 1.2%
Active16.7%
Paid in Full62.4%
Charged Off8.4%
Cancelled11.3%
Committed1.2%
Note: Loans from 2023 and later may show lower default rates because they haven't had enough time to mature. Default rates typically stabilize after 5+ years.
Washington Annual Lending Volume
Washington Annual Lending Volume from 1992 to 2025
Number of Loans per Year
Number of Loans per Year from 1992 to 2025
Top Industries
Top Industries with 12 categories
Loan Size Distribution
Loan Size Distribution with 7 categories
Top Lenders in Washington
| Columbia Bank | 4,484 | $1.4B | $317K | 7.79% | 6.5% |
| U.S. Bank, National Association | 6,461 | $1.4B | $214K | 7.44% | 11.5% |
| Bank of Hope | 1,688 | $1.2B | $694K | 5.90% | 13.3% |
| Wells Fargo Bank National Association | 4,158 | $1.1B | $266K | 7.64% | 11.1% |
| KeyBank National Association | 2,956 | $1.0B | $339K | 7.40% | 7.4% |
| Heritage Bank | 2,669 | $985.6M | $369K | 6.24% | 8.6% |
| Banner Bank | 3,313 | $787.3M | $238K | 6.49% | 5.6% |
| Readycap Lending, LLC | 820 | $649.2M | $792K | 9.64% | 14.0% |
| Live Oak Banking Company | 403 | $579.8M | $1.4M | 6.96% | 1.1% |
| Washington Trust Bank | 1,059 | $450.8M | $426K | 7.25% | 3.1% |
| Bank of America, National Association | 4,829 | $423.9M | $88K | 7.50% | 19.7% |
| UniBank | 443 | $402.7M | $909K | 5.45% | 5.0% |
| PCB Bank | 292 | $363.1M | $1.2M | 5.99% | 6.3% |
| Hanmi Bank | 451 | $362.7M | $804K | 6.95% | 8.0% |
| JPMorgan Chase Bank, National Association | 1,414 | $339.6M | $240K | 7.50% | 10.9% |
| Enterprise Bank & Trust | 317 | $304.4M | $960K | 6.27% | 0.0% |
| Harborstone CU | 491 | $277.7M | $566K | 7.09% | 7.0% |
| Celtic Bank Corporation | 295 | $246.5M | $836K | 7.70% | 9.3% |
| First Interstate Bank | 485 | $237.5M | $490K | 5.97% | 7.7% |
| Mountain Pacific Bank | 155 | $237.1M | $1.5M | 6.75% | 0.7% |
| Open Bank | 175 | $229.2M | $1.3M | 6.14% | 1.2% |
| Mechanics Bank | 397 | $227.0M | $572K | 5.94% | 11.9% |
| Glacier Bank | 818 | $224.5M | $275K | 6.16% | 9.3% |
| Peoples Bank | 554 | $220.1M | $397K | 6.20% | 3.4% |
| First-Citizens Bank & Trust Company | 294 | $208.4M | $709K | 5.93% | 6.5% |
Get the Data
Download the complete SBA loan summary for all 50 states + DC and territories as a CSV — including loan counts, volume, rates, and default data.
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