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County25th of 34 in Oregon by approvalsFIPS 41061
SBA loans in Union 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 Union County, Oregon, received 30 SBA loan approvals worth $4.3M in FY2021 to FY2025 (30 7(a), 0 504).
That is 40.5 approvals per 1,000 business establishments (740 establishments in 2023), close to the Oregon figure of 40.8 and close to the national 41.0.
It ranks 25th of 34 Oregon counties with approvals. In FY2025 there were 15.
7 lenders had approvals here; the most active were U.S. Bank, National Association (11), Banner Bank (8) and Columbia Bank (5). The most common industry was other specialty trade contractors.
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 Union County
By number of approvals to businesses in the county, FY2021–FY2025; 7 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | U.S. Bank, National AssociationCincinnati, OH | 11 | $367K | 36.7% | |
| 2 | Banner BankWalla Walla, WA | 8 | $425K | 26.7% | |
| 3 | Columbia BankLake Oswego, OR | 5 | $521K | 16.7% | |
| 4 | First Interstate BankBillings, MT | 2 | — | 6.7% | |
| 5 | Newtek Small Business Finance, Inc.Lake Success, NY | 2 | — | 6.7% | |
| 6 | Platinum BankOakdale, MN | 1 | — | 3.3% | |
| 7 | Wells Fargo Bank National AssociationSioux Falls, SD | 1 | — | 3.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Specialty Trade ContractorsNAICS 2389 | 4 | 13.3% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 10.0% | |
| 3 | Machinery, Equipment, and Supplies Merchant WholesalersNAICS 4238 | 2 | 6.7% | |
| 4 | Other Fabricated Metal Product ManufacturingNAICS 3329 | 2 | 6.7% | |
| 5 | Advertising, Public Relations, and Related ServicesNAICS 5418 | 2 | 6.7% | |
| 6 | Residential Building ConstructionNAICS 2361 | 2 | 6.7% | |
| 7 | Hardware, and Plumbing and Heating Equipment and Supplies Merchant WholesalersNAICS 4237 | 1 | 3.3% | |
| 8 | Business Support ServicesNAICS 5614 | 1 | 3.3% | |
| 9 | Services to Buildings and DwellingsNAICS 5617 | 1 | 3.3% | |
| 10 | Other Amusement and Recreation IndustriesNAICS 7139 | 1 | 3.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 8 | 26.7% | |
| 2 | Wholesale Trade | 3 | 10.0% | |
| 3 | Manufacturing | 3 | 10.0% | |
| 4 | Other Services (except Public Administration) | 3 | 10.0% | |
| 5 | Professional, Scientific, and Technical Services | 3 | 10.0% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 2 | 6.7% | |
| 7 | Agriculture, Forestry, Fishing and Hunting | 2 | 6.7% | |
| 8 | Retail Trade | 2 | 6.7% |
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* | 5 | $504K | $50K | 0 | — | 5 | 10 |
| FY2025 | 15 | $953K | $50K | 0 | — | 15 | 20 |
| FY2024 | 3 | $145K | $50K | 0 | — | 3 | 11 |
| FY2023 | 3 | $711K | $321K | 0 | — | 3 | 36 |
| FY2022 | 4 | $1.9M | $225K | 0 | — | 4 | 18 |
| FY2021 | 5 | $665K | $27K | 0 | — | 5 | 9 |
| FY2020 | 7 | $672K | $40K | 0 | — | 7 | 10 |
| FY2019 | 4 | $148K | $36K | 0 | — | 4 | 6 |
| FY2018 | 5 | $196K | $30K | 0 | — | 5 | 14 |
| FY2017 | 5 | $1.0M | $40K | 0 | — | 5 | 16 |
| FY2016 | 3 | $190K | $35K | 0 | — | 3 | 4 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 24 approvals.
Against Oregon and the country
| FY2021–FY2025 | Union County | Oregon | United States |
|---|---|---|---|
| Approvals | 30 | 5,000 | 342,825 |
| Approvals per 1,000 establishments | 40.5 | 40.8 | 41.0 |
| Median 7(a) approval | $50K | $118K | $190K |
| Median 504 approval | — | $667K | $657K |
| Average approval | $144K | $529K | $573K |
| 504 share of approvals | 0.0% | 8.2% | 11.0% |
| Jobs supported per approval, as reported | 3.1 | 8.4 | 10.5 |
| Share of state approvals | 0.6% | 100.0% | — |
Approval sizes
- $50,000 or less70.0%21
- $50,001 to $150,00010.0%3
- $150,001 to $350,00010.0%3
- $350,001 to $1 million6.7%2
- $1 million to $2 million3.3%1
Age of the businesses
- Existing, more than 2 years old63.3%19
- New business, 2 years or less26.7%8
- Change of ownership10.0%3
Questions and answers
Which lenders make the most SBA loans in Union County?
By approvals in FY2021 to FY2025: U.S. Bank, National Association (11), Banner Bank (8), Columbia Bank (5), First Interstate Bank (2), Newtek Small Business Finance, Inc. (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Union County?
The median 7(a) approval was $50K; the Oregon 7(a) median was $118K.
Which industries get the most SBA loans in Union County?
Other Specialty Trade Contractors (4); Automotive Repair and Maintenance (3); Machinery, Equipment, and Supplies Merchant Wholesalers (2); Other Fabricated Metal Product Manufacturing (2); Advertising, Public Relations, and Related Services (2).
Is SBA lending in Union County rising?
Approvals in the three latest complete fiscal years total 21, against 16 in the three before: rising (+31%).
How does Union County compare with the rest of Oregon?
40.5 approvals per 1,000 establishments against 40.8 statewide, and 30 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