County10th of 34 in Oregon by approvalsFIPS 41043
SBA loans in Linn 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.
Businesses in Linn County, Oregon, received 109 SBA loan approvals worth $68.7M in FY2021 to FY2025 (97 7(a), 12 504).
That is 38.3 approvals per 1,000 business establishments (2,846 establishments in 2023), close to the Oregon figure of 40.8 and close to the national 41.0.
It ranks 10th of 34 Oregon counties with approvals. In FY2025 there were 32, up 45% on FY2024.
33 lenders had approvals here; the most active were Columbia Bank (21), U.S. Bank, National Association (13) and KeyBank National Association (8). The most common industry was general freight trucking.
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 Linn County
By number of approvals to businesses in the county, FY2021–FY2025; 33 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Columbia BankLake Oswego, OR | 21 | $2.5M | 19.3% | |
| 2 | U.S. Bank, National AssociationCincinnati, OH | 13 | $5.0M | 11.9% | |
| 3 | KeyBank National AssociationCleveland, OH | 8 | $2.2M | 7.3% | |
| 4 | Wells Fargo Bank National AssociationSioux Falls, SD | 7 | $2.0M | 6.4% | |
| 5 | Readycap Lending, LLCBerkeley Heights, NJ | 6 | $10.9M | 5.5% | |
| 6 | Live Oak Banking CompanyWilmington, NC | 5 | $10.9M | 4.6% | |
| 7 | Cascade Capital FundingSalem, OR · CDC | 5 | $3.0M | 4.6% | |
| 8 | Evergreen Business CapitalSeattle, WA · CDC | 4 | $6.0M | 3.7% | |
| 9 | BayFirst National BankSaint Petersburg, FL | 4 | $600K | 3.7% | |
| 10 | Northeast BankLewiston, ME | 4 | $230K | 3.7% | |
| 11 | Banner BankWalla Walla, WA | 3 | $1.0M | 2.8% | |
| 12 | The Huntington National BankColumbus, OH | 3 | $850K | 2.8% | |
| 13 | Texas Capital BankDallas, TX | 2 | — | 1.8% | |
| 14 | Harvest Small Business Finance, LLCLaguna Hills, CA | 2 | — | 1.8% | |
| 15 | JPMorgan Chase Bank, National AssociationColumbus, OH | 2 | — | 1.8% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | General Freight TruckingNAICS 4841 | 16 | 14.7% | |
| 2 | Residential Building ConstructionNAICS 2361 | 7 | 6.4% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 6 | 5.5% | |
| 4 | Grocery StoresNAICS 4451 | 5 | 4.6% | |
| 5 | Offices of Other Health PractitionersNAICS 6213 | 4 | 3.7% | |
| 6 | Other Motor Vehicle DealersNAICS 4412 | 3 | 2.8% | |
| 7 | Building Finishing ContractorsNAICS 2383 | 3 | 2.8% | |
| 8 | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and MaintenanceNAICS 8113 | 3 | 2.8% | |
| 9 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 2 | 1.8% | |
| 10 | Building Material and Supplies DealersNAICS 4441 | 2 | 1.8% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 22 | 20.2% | |
| 2 | Transportation and Warehousing | 18 | 16.5% | |
| 3 | Construction | 15 | 13.8% | |
| 4 | Wholesale Trade | 8 | 7.3% | |
| 5 | Professional, Scientific, and Technical Services | 7 | 6.4% | |
| 6 | Accommodation and Food Services | 7 | 6.4% | |
| 7 | Health Care and Social Assistance | 7 | 6.4% | |
| 8 | Other Services (except Public Administration) | 7 | 6.4% |
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* | 17 | $6.0M | $100K | 1 | — | 18 | 81 |
| FY2025 | 31 | $10.3M | $67K | 1 | — | 32 | 187 |
| FY2024 | 20 | $10.1M | $50K | 2 | — | 22 | 92 |
| FY2023 | 24 | $12.3M | $88K | 2 | — | 26 | 251 |
| FY2022 | 11 | $4.5M | $53K | 5 | $6.6M | 16 | 90 |
| FY2021 | 11 | $17.8M | $1.7M | 2 | — | 13 | 159 |
| FY2020 | 11 | $7.5M | $317K | 1 | — | 12 | 53 |
| FY2019 | 14 | $5.2M | $28K | 1 | — | 15 | 148 |
| FY2018 | 13 | $2.3M | $38K | 1 | — | 14 | 67 |
| FY2017 | 10 | $8.1M | $355K | 2 | — | 12 | 98 |
| FY2016 | 12 | $3.7M | $40K | 2 | — | 14 | 149 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 67 approvals.
Against Oregon and the country
| FY2021–FY2025 | Linn County | Oregon | United States |
|---|---|---|---|
| Approvals | 109 | 5,000 | 342,825 |
| Approvals per 1,000 establishments | 38.3 | 40.8 | 41.0 |
| Median 7(a) approval | $99K | $118K | $190K |
| Median 504 approval | $802K | $667K | $657K |
| Average approval | $630K | $529K | $573K |
| 504 share of approvals | 11.0% | 8.2% | 11.0% |
| Jobs supported per approval, as reported | 7.1 | 8.4 | 10.5 |
| Share of state approvals | 2.2% | 100.0% | — |
Approval sizes
- $50,000 or less37.6%41
- $50,001 to $150,00017.4%19
- $150,001 to $350,00010.1%11
- $350,001 to $1 million13.8%15
- $1 million to $2 million9.2%10
- Over $2 million11.9%13
Age of the businesses
- Existing, more than 2 years old67.9%74
- New business, 2 years or less25.7%28
- Startup, loan funds will open the business1.8%2
- Change of ownership3.7%4
- Not answered0.9%1
Questions and answers
Which lenders make the most SBA loans in Linn County?
By approvals in FY2021 to FY2025: Columbia Bank (21), U.S. Bank, National Association (13), KeyBank National Association (8), Wells Fargo Bank National Association (7), Readycap Lending, LLC (6). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Linn County?
The median 7(a) approval was $99K and the median 504 approval $802K; the Oregon 7(a) median was $118K.
Which industries get the most SBA loans in Linn County?
General Freight Trucking (16); Residential Building Construction (7); Restaurants and Other Eating Places (6); Grocery Stores (5); Offices of Other Health Practitioners (4).
Is SBA lending in Linn County rising?
Approvals in the three latest complete fiscal years total 80, against 41 in the three before: rising (+95%).
How does Linn County compare with the rest of Oregon?
38.3 approvals per 1,000 establishments against 40.8 statewide, and 109 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