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County21st of 34 in Oregon by approvalsFIPS 41035
SBA loans in Klamath County, Oregon
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 46 loans to businesses in Klamath County, Oregon, in FY2021 to FY2025, worth $22.5M: 42 under 7(a) and 4 under 504.
That is 30.3 approvals per 1,000 business establishments (1,516 establishments in 2023), below the Oregon figure of 40.8 and below the national 41.0.
It ranks 21st of 34 Oregon counties with approvals. In FY2025 there were 15, about level with FY2024.
18 lenders had approvals here; the most active were Columbia Bank (17), U.S. Bank, National Association (6) and Readycap Lending, LLC (3). 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 Klamath County
By number of approvals to businesses in the county, FY2021–FY2025; 18 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Columbia BankLake Oswego, OR | 17 | $3.9M | 37.0% | |
| 2 | U.S. Bank, National AssociationCincinnati, OH | 6 | $513K | 13.0% | |
| 3 | Readycap Lending, LLCBerkeley Heights, NJ | 3 | $5.0M | 6.5% | |
| 4 | Newtek Bank, National AssociationMiami, FL | 3 | $1.2M | 6.5% | |
| 5 | Wells Fargo Bank National AssociationSioux Falls, SD | 3 | $585K | 6.5% | |
| 6 | Live Oak Banking CompanyWilmington, NC | 2 | — | 4.3% | |
| 7 | Royal Business BankLos Angeles, CA | 1 | — | 2.2% | |
| 8 | Northwest Business Development AssociationSpokane Valley, WA · CDC | 1 | — | 2.2% | |
| 9 | Cascade Capital FundingSalem, OR · CDC | 1 | — | 2.2% | |
| 10 | First Business BankMadison, WI | 1 | — | 2.2% | |
| 11 | Mortgage Capital Development CorporationOakland, CA · CDC | 1 | — | 2.2% | |
| 12 | BayFirst National BankSaint Petersburg, FL | 1 | — | 2.2% | |
| 13 | BMO Bank National AssociationChicago, IL | 1 | — | 2.2% | |
| 14 | Bank of America, National AssociationCharlotte, NC | 1 | — | 2.2% | |
| 15 | Evergreen Business CapitalSeattle, WA · CDC | 1 | — | 2.2% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 4 | 8.7% | |
| 2 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 3 | 6.5% | |
| 3 | Building Equipment ContractorsNAICS 2382 | 3 | 6.5% | |
| 4 | Traveler AccommodationNAICS 7211 | 2 | 4.3% | |
| 5 | Grocery StoresNAICS 4451 | 2 | 4.3% | |
| 6 | Activities Related to Real EstateNAICS 5313 | 2 | 4.3% | |
| 7 | Specialized Freight TruckingNAICS 4842 | 2 | 4.3% | |
| 8 | Other Specialty Trade ContractorsNAICS 2389 | 2 | 4.3% | |
| 9 | Offices of Other Health PractitionersNAICS 6213 | 2 | 4.3% | |
| 10 | Gasoline StationsNAICS 4571 | 1 | 2.2% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 8 | 17.4% | |
| 2 | Accommodation and Food Services | 6 | 13.0% | |
| 3 | Retail Trade | 6 | 13.0% | |
| 4 | Health Care and Social Assistance | 5 | 10.9% | |
| 5 | Finance and Insurance | 3 | 6.5% | |
| 6 | Professional, Scientific, and Technical Services | 3 | 6.5% | |
| 7 | Transportation and Warehousing | 3 | 6.5% | |
| 8 | Agriculture, Forestry, Fishing and Hunting | 3 | 6.5% |
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* | 12 | $1.5M | $50K | 1 | — | 13 | 137 |
| FY2025 | 15 | $2.5M | $50K | 0 | — | 15 | 86 |
| FY2024 | 13 | $5.7M | $50K | 1 | — | 14 | 141 |
| FY2023 | 2 | — | — | 0 | — | 2 | 35 |
| FY2022 | 10 | $5.0M | $245K | 3 | $3.5M | 13 | 63 |
| FY2021 | 2 | — | — | 0 | — | 2 | 22 |
| FY2020 | 7 | $3.7M | $100K | 0 | — | 7 | 26 |
| FY2019 | 5 | $6.0M | $470K | 0 | — | 5 | 95 |
| FY2018 | 8 | $8.3M | $719K | 0 | — | 8 | 109 |
| FY2017 | 8 | $2.0M | $20K | 1 | — | 9 | 37 |
| FY2016 | 7 | $2.7M | $193K | 0 | — | 7 | 24 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 36 approvals.
Against Oregon and the country
| FY2021–FY2025 | Klamath County | Oregon | United States |
|---|---|---|---|
| Approvals | 46 | 5,000 | 342,825 |
| Approvals per 1,000 establishments | 30.3 | 40.8 | 41.0 |
| Median 7(a) approval | $50K | $118K | $190K |
| Median 504 approval | $1.1M | $667K | $657K |
| Average approval | $489K | $529K | $573K |
| 504 share of approvals | 8.7% | 8.2% | 11.0% |
| Jobs supported per approval, as reported | 7.5 | 8.4 | 10.5 |
| Share of state approvals | 0.9% | 100.0% | — |
Approval sizes
- $50,000 or less47.8%22
- $50,001 to $150,0006.5%3
- $150,001 to $350,00013.0%6
- $350,001 to $1 million21.7%10
- $1 million to $2 million2.2%1
- Over $2 million8.7%4
Age of the businesses
- Existing, more than 2 years old71.7%33
- New business, 2 years or less17.4%8
- Startup, loan funds will open the business6.5%3
- Change of ownership4.3%2
Questions and answers
Which lenders make the most SBA loans in Klamath County?
By approvals in FY2021 to FY2025: Columbia Bank (17), U.S. Bank, National Association (6), Readycap Lending, LLC (3), Newtek Bank, National Association (3), Wells Fargo Bank National Association (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Klamath County?
The median 7(a) approval was $50K and the median 504 approval $1.1M; the Oregon 7(a) median was $118K.
Which industries get the most SBA loans in Klamath County?
Restaurants and Other Eating Places (4); Agencies, Brokerages, and Other Insurance Related Activities (3); Building Equipment Contractors (3); Traveler Accommodation (2); Grocery Stores (2).
Is SBA lending in Klamath County rising?
Approvals in the three latest complete fiscal years total 31, against 22 in the three before: rising (+41%).
How does Klamath County compare with the rest of Oregon?
30.3 approvals per 1,000 establishments against 40.8 statewide, and 46 of the state's 5,000 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