States › Nevada › Washoe County
County2nd of 16 in Nevada by approvalsFIPS 32031
SBA loans in Washoe County, Nevada
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 661 loans to businesses in Washoe County, Nevada, in FY2021 to FY2025, worth $430M: 490 under 7(a) and 171 under 504.
That is 46.6 approvals per 1,000 business establishments (14,199 establishments in 2023), close to the Nevada figure of 48.8 and close to the national 41.0.
It ranks 2nd of 16 Nevada counties with approvals. In FY2025 there were 171, up 11% on FY2024.
78 lenders had approvals here; the most active were Nevada State Development Corporation (99), U.S. Bank, National Association (52) and Zions Bank, A Division of (49). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Washoe County
By number of approvals to businesses in the county, FY2021–FY2025; 78 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Nevada State Development CorporationLas Vegas, NV · CDC | 99 | $71.9M | 15.0% | |
| 2 | U.S. Bank, National AssociationCincinnati, OH | 52 | $16.2M | 7.9% | |
| 3 | Zions Bank, A Division ofSalt Lake City, UT | 49 | $14.2M | 7.4% | |
| 4 | California Statewide Certified Development CorporationDavis, CA · CDC | 47 | $41.6M | 7.1% | |
| 5 | The Huntington National BankColumbus, OH | 37 | $10.0M | 5.6% | |
| 6 | Wells Fargo Bank National AssociationSioux Falls, SD | 30 | $17.3M | 4.5% | |
| 7 | Newtek Bank, National AssociationMiami, FL | 22 | $12.7M | 3.3% | |
| 8 | Mortgage Capital Development CorporationOakland, CA · CDC | 21 | $27.6M | 3.2% | |
| 9 | Plumas BankQuincy, CA | 20 | $12.8M | 3.0% | |
| 10 | Northeast BankLewiston, ME | 20 | $2.2M | 3.0% | |
| 11 | Live Oak Banking CompanyWilmington, NC | 18 | $31.8M | 2.7% | |
| 12 | BayFirst National BankSaint Petersburg, FL | 16 | $2.0M | 2.4% | |
| 13 | Newtek Small Business Finance, Inc.Lake Success, NY | 15 | $5.9M | 2.3% | |
| 14 | Readycap Lending, LLCBerkeley Heights, NJ | 15 | $3.6M | 2.3% | |
| 15 | Bank of America, National AssociationCharlotte, NC | 13 | $8.1M | 2.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 54 | 8.2% | |
| 2 | Offices of Other Health PractitionersNAICS 6213 | 35 | 5.3% | |
| 3 | Automotive Repair and MaintenanceNAICS 8111 | 29 | 4.4% | |
| 4 | Other Amusement and Recreation IndustriesNAICS 7139 | 27 | 4.1% | |
| 5 | Offices of PhysiciansNAICS 6211 | 23 | 3.5% | |
| 6 | Personal Care ServicesNAICS 8121 | 23 | 3.5% | |
| 7 | Building Equipment ContractorsNAICS 2382 | 23 | 3.5% | |
| 8 | Services to Buildings and DwellingsNAICS 5617 | 21 | 3.2% | |
| 9 | Architectural, Engineering, and Related ServicesNAICS 5413 | 16 | 2.4% | |
| 10 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 16 | 2.4% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 107 | 16.2% | |
| 2 | Professional, Scientific, and Technical Services | 79 | 12.0% | |
| 3 | Construction | 77 | 11.6% | |
| 4 | Other Services (except Public Administration) | 70 | 10.6% | |
| 5 | Accommodation and Food Services | 68 | 10.3% | |
| 6 | Retail Trade | 64 | 9.7% | |
| 7 | Manufacturing | 35 | 5.3% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 34 | 5.1% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 66 | $33.0M | $220K | 20 | $23.1M | 86 | 715 |
| FY2025 | 144 | $64.6M | $191K | 27 | $23.2M | 171 | 1,574 |
| FY2024 | 124 | $61.3M | $200K | 30 | $31.9M | 154 | 1,880 |
| FY2023 | 74 | $39.1M | $150K | 27 | $32.1M | 101 | 1,114 |
| FY2022 | 56 | $42.2M | $385K | 42 | $36.9M | 98 | 1,198 |
| FY2021 | 92 | $70.9M | $456K | 45 | $27.7M | 137 | 1,678 |
| FY2020 | 44 | $34.9M | $285K | 25 | $22.8M | 69 | 652 |
| FY2019 | 65 | $27.0M | $150K | 16 | $15.9M | 81 | 903 |
| FY2018 | 81 | $42.2M | $150K | 20 | $11.4M | 101 | 1,217 |
| FY2017 | 90 | $33.4M | $129K | 16 | $17.3M | 106 | 813 |
| FY2016 | 94 | $37.0M | $145K | 18 | $8.1M | 112 | 811 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 469 approvals.
Against Nevada and the country
| FY2021–FY2025 | Washoe County | Nevada | United States |
|---|---|---|---|
| Approvals | 661 | 3,774 | 342,825 |
| Approvals per 1,000 establishments | 46.6 | 48.8 | 41.0 |
| Median 7(a) approval | $250K | $232K | $190K |
| Median 504 approval | $624K | $678K | $657K |
| Average approval | $650K | $620K | $573K |
| 504 share of approvals | 25.9% | 16.5% | 11.0% |
| Jobs supported per approval, as reported | 11.3 | 12.2 | 10.5 |
| Share of state approvals | 17.5% | 100.0% | — |
Approval sizes
- $50,000 or less16.3%108
- $50,001 to $150,00015.4%102
- $150,001 to $350,00018.9%125
- $350,001 to $1 million30.6%202
- $1 million to $2 million12.0%79
- Over $2 million6.8%45
Age of the businesses
- Existing, more than 2 years old56.9%376
- New business, 2 years or less16.0%106
- Startup, loan funds will open the business18.0%119
- Change of ownership9.1%60
Questions and answers
Which lenders make the most SBA loans in Washoe County?
By approvals in FY2021 to FY2025: Nevada State Development Corporation (99), U.S. Bank, National Association (52), Zions Bank, A Division of (49), California Statewide Certified Development Corporation (47), The Huntington National Bank (37). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Washoe County?
The median 7(a) approval was $250K and the median 504 approval $624K; the Nevada 7(a) median was $232K.
Which industries get the most SBA loans in Washoe County?
Restaurants and Other Eating Places (54); Offices of Other Health Practitioners (35); Automotive Repair and Maintenance (29); Other Amusement and Recreation Industries (27); Offices of Physicians (23).
Is SBA lending in Washoe County rising?
Approvals in the three latest complete fiscal years total 426, against 304 in the three before: rising (+40%).
How does Washoe County compare with the rest of Nevada?
46.6 approvals per 1,000 establishments against 48.8 statewide, and 661 of the state's 3,774 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error