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County10th of 39 in Washington by approvalsFIPS 53005
SBA loans in Benton County, Washington
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 Benton County, Washington, received 236 SBA loan approvals worth $102M in FY2021 to FY2025 (223 7(a), 13 504).
That is 47.6 approvals per 1,000 business establishments (4,960 establishments in 2023), close to the Washington figure of 44.0 and above the national 41.0.
It ranks 10th of 39 Washington counties with approvals. In FY2025 there were 55, about level with FY2024.
43 lenders had approvals here; the most active were HAPO Community CU (45), Banner Bank (37) and Columbia Bank (22). 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 Benton County
By number of approvals to businesses in the county, FY2021–FY2025; 43 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | HAPO Community CURichland, WA | 45 | $4.8M | 19.1% | |
| 2 | Banner BankWalla Walla, WA | 37 | $7.9M | 15.7% | |
| 3 | Columbia BankLake Oswego, OR | 22 | $4.3M | 9.3% | |
| 4 | U.S. Bank, National AssociationCincinnati, OH | 16 | $2.4M | 6.8% | |
| 5 | KeyBank National AssociationCleveland, OH | 12 | $6.4M | 5.1% | |
| 6 | Numerica CUSpokane Valley, WA | 11 | $9.6M | 4.7% | |
| 7 | Northwest Business Development AssociationSpokane Valley, WA · CDC | 11 | $7.8M | 4.7% | |
| 8 | Gesa CURichland, WA | 9 | $3.8M | 3.8% | |
| 9 | Readycap Lending, LLCBerkeley Heights, NJ | 6 | $7.4M | 2.5% | |
| 10 | The Huntington National BankColumbus, OH | 6 | $3.9M | 2.5% | |
| 11 | JPMorgan Chase Bank, National AssociationColumbus, OH | 6 | $620K | 2.5% | |
| 12 | Northeast BankLewiston, ME | 6 | $540K | 2.5% | |
| 13 | BayFirst National BankSaint Petersburg, FL | 5 | $691K | 2.1% | |
| 14 | Glacier BankKalispell, MT | 4 | $5.5M | 1.7% | |
| 15 | Newtek Bank, National AssociationMiami, FL | 4 | $950K | 1.7% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 26 | 11.0% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 10 | 4.2% | |
| 3 | Building Equipment ContractorsNAICS 2382 | 10 | 4.2% | |
| 4 | General Freight TruckingNAICS 4841 | 10 | 4.2% | |
| 5 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 9 | 3.8% | |
| 6 | Beverage ManufacturingNAICS 3121 | 9 | 3.8% | |
| 7 | Other Amusement and Recreation IndustriesNAICS 7139 | 7 | 3.0% | |
| 8 | Offices of Other Health PractitionersNAICS 6213 | 7 | 3.0% | |
| 9 | Offices of DentistsNAICS 6212 | 6 | 2.5% | |
| 10 | Other Specialty Trade ContractorsNAICS 2389 | 6 | 2.5% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 43 | 18.2% | |
| 2 | Health Care and Social Assistance | 33 | 14.0% | |
| 3 | Accommodation and Food Services | 31 | 13.1% | |
| 4 | Retail Trade | 25 | 10.6% | |
| 5 | Manufacturing | 18 | 7.6% | |
| 6 | Professional, Scientific, and Technical Services | 17 | 7.2% | |
| 7 | Other Services (except Public Administration) | 17 | 7.2% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 11 | 4.7% |
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* | 24 | $8.1M | $60K | 3 | $2.9M | 27 | 212 |
| FY2025 | 51 | $20.4M | $142K | 4 | $3.2M | 55 | 459 |
| FY2024 | 51 | $17.1M | $53K | 1 | — | 52 | 510 |
| FY2023 | 45 | $14.4M | $98K | 2 | — | 47 | 652 |
| FY2022 | 47 | $22.8M | $234K | 3 | $883K | 50 | 475 |
| FY2021 | 29 | $17.1M | $200K | 3 | $3.1M | 32 | 306 |
| FY2020 | 20 | $9.9M | $210K | 6 | $5.2M | 26 | 350 |
| FY2019 | 38 | $20.4M | $163K | 1 | — | 39 | 415 |
| FY2018 | 44 | $22.4M | $177K | 6 | $4.0M | 50 | 443 |
| FY2017 | 39 | $21.7M | $144K | 4 | $3.7M | 43 | 353 |
| FY2016 | 35 | $12.7M | $100K | 6 | $8.0M | 41 | 399 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 199 approvals.
Against Washington and the country
| FY2021–FY2025 | Benton County | Washington | United States |
|---|---|---|---|
| Approvals | 236 | 8,905 | 342,825 |
| Approvals per 1,000 establishments | 47.6 | 44.0 | 41.0 |
| Median 7(a) approval | $119K | $200K | $190K |
| Median 504 approval | $646K | $699K | $657K |
| Average approval | $431K | $627K | $573K |
| 504 share of approvals | 5.5% | 7.8% | 11.0% |
| Jobs supported per approval, as reported | 10.2 | 9.2 | 10.5 |
| Share of state approvals | 2.7% | 100.0% | — |
Approval sizes
- $50,000 or less33.5%79
- $50,001 to $150,00020.3%48
- $150,001 to $350,00017.8%42
- $350,001 to $1 million14.4%34
- $1 million to $2 million8.5%20
- Over $2 million5.5%13
Age of the businesses
- Existing, more than 2 years old58.9%139
- New business, 2 years or less19.9%47
- Startup, loan funds will open the business11.4%27
- Change of ownership9.3%22
- Not answered0.4%1
Questions and answers
Which lenders make the most SBA loans in Benton County?
By approvals in FY2021 to FY2025: HAPO Community CU (45), Banner Bank (37), Columbia Bank (22), U.S. Bank, National Association (16), KeyBank National Association (12). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Benton County?
The median 7(a) approval was $119K and the median 504 approval $646K; the Washington 7(a) median was $200K.
Which industries get the most SBA loans in Benton County?
Restaurants and Other Eating Places (26); Automotive Repair and Maintenance (10); Building Equipment Contractors (10); General Freight Trucking (10); Foundation, Structure, and Building Exterior Contractors (9).
Is SBA lending in Benton County rising?
Approvals in the three latest complete fiscal years total 154, against 108 in the three before: rising (+43%).
How does Benton County compare with the rest of Washington?
47.6 approvals per 1,000 establishments against 44.0 statewide, and 236 of the state's 8,905 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