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County13th of 39 in Washington by approvalsFIPS 53007
SBA loans in Chelan 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.
SBA approved 87 loans to businesses in Chelan County, Washington, in FY2021 to FY2025, worth $69.9M: 83 under 7(a) and 4 under 504.
That is 31.3 approvals per 1,000 business establishments (2,782 establishments in 2023), below the Washington figure of 44.0 and below the national 41.0.
It ranks 13th of 39 Washington counties with approvals. In FY2025 there were 30, up 173% on FY2024.
33 lenders had approvals here; the most active were Peoples Bank (9), KeyBank National Association (7) and Banner Bank (7). The most common industry was traveler accommodation.
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 Chelan County
By number of approvals to businesses in the county, FY2021–FY2025; 33 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Peoples BankBellingham, WA | 9 | $2.4M | 10.3% | |
| 2 | KeyBank National AssociationCleveland, OH | 7 | $1.8M | 8.0% | |
| 3 | Banner BankWalla Walla, WA | 7 | $410K | 8.0% | |
| 4 | Numerica CUSpokane Valley, WA | 6 | $1.6M | 6.9% | |
| 5 | Wells Fargo Bank National AssociationSioux Falls, SD | 5 | $255K | 5.7% | |
| 6 | PCB BankLos Angeles, CA | 4 | $17.8M | 4.6% | |
| 7 | Washington Trust BankSpokane, WA | 4 | $1.7M | 4.6% | |
| 8 | Northeast BankLewiston, ME | 4 | $1.3M | 4.6% | |
| 9 | Mountain America FCUSandy, UT | 3 | $3.1M | 3.4% | |
| 10 | Newtek Bank, National AssociationMiami, FL | 3 | $2.1M | 3.4% | |
| 11 | Glacier BankKalispell, MT | 3 | $868K | 3.4% | |
| 12 | Commercial Bank of CaliforniaIrvine, CA | 2 | — | 2.3% | |
| 13 | Readycap Lending, LLCBerkeley Heights, NJ | 2 | — | 2.3% | |
| 14 | US Metro BankGarden Grove, CA | 2 | — | 2.3% | |
| 15 | The Huntington National BankColumbus, OH | 2 | — | 2.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 13 | 14.9% | |
| 2 | Beverage ManufacturingNAICS 3121 | 6 | 6.9% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 6 | 6.9% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 5 | 5.7% | |
| 5 | Building Equipment ContractorsNAICS 2382 | 5 | 5.7% | |
| 6 | Personal Care ServicesNAICS 8121 | 5 | 5.7% | |
| 7 | Offices of Other Health PractitionersNAICS 6213 | 4 | 4.6% | |
| 8 | Specialty Food StoresNAICS 4452 | 4 | 4.6% | |
| 9 | Other Fabricated Metal Product ManufacturingNAICS 3329 | 3 | 3.4% | |
| 10 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 3 | 3.4% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 19 | 21.8% | |
| 2 | Manufacturing | 13 | 14.9% | |
| 3 | Other Services (except Public Administration) | 12 | 13.8% | |
| 4 | Retail Trade | 8 | 9.2% | |
| 5 | Health Care and Social Assistance | 7 | 8.0% | |
| 6 | Construction | 7 | 8.0% | |
| 7 | Professional, Scientific, and Technical Services | 6 | 6.9% | |
| 8 | Arts, Entertainment, and Recreation | 4 | 4.6% |
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* | 9 | $6.6M | $50K | 3 | $7.3M | 12 | 131 |
| FY2025 | 29 | $15.2M | $100K | 1 | — | 30 | 189 |
| FY2024 | 11 | $11.4M | $385K | 0 | — | 11 | 91 |
| FY2023 | 15 | $7.9M | $150K | 0 | — | 15 | 148 |
| FY2022 | 10 | $10.3M | $597K | 1 | — | 11 | 86 |
| FY2021 | 18 | $23.6M | $204K | 2 | — | 20 | 118 |
| FY2020 | 8 | $4.8M | $456K | 3 | $5.3M | 11 | 108 |
| FY2019 | 13 | $5.0M | $248K | 2 | — | 15 | 138 |
| FY2018 | 15 | $8.7M | $368K | 4 | $2.1M | 19 | 188 |
| FY2017 | 13 | $7.1M | $50K | 2 | — | 15 | 60 |
| FY2016 | 11 | $3.3M | $143K | 3 | $815K | 14 | 126 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 74 approvals.
Against Washington and the country
| FY2021–FY2025 | Chelan County | Washington | United States |
|---|---|---|---|
| Approvals | 87 | 8,905 | 342,825 |
| Approvals per 1,000 establishments | 31.3 | 44.0 | 41.0 |
| Median 7(a) approval | $200K | $200K | $190K |
| Median 504 approval | $392K | $699K | $657K |
| Average approval | $803K | $627K | $573K |
| 504 share of approvals | 4.6% | 7.8% | 11.0% |
| Jobs supported per approval, as reported | 7.3 | 9.2 | 10.5 |
| Share of state approvals | 1.0% | 100.0% | — |
Approval sizes
- $50,000 or less24.1%21
- $50,001 to $150,00017.2%15
- $150,001 to $350,00016.1%14
- $350,001 to $1 million21.8%19
- $1 million to $2 million8.0%7
- Over $2 million12.6%11
Age of the businesses
- Existing, more than 2 years old44.8%39
- New business, 2 years or less28.7%25
- Startup, loan funds will open the business18.4%16
- Change of ownership8.0%7
Questions and answers
Which lenders make the most SBA loans in Chelan County?
By approvals in FY2021 to FY2025: Peoples Bank (9), KeyBank National Association (7), Banner Bank (7), Numerica CU (6), Wells Fargo Bank National Association (5). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Chelan County?
The median 7(a) approval was $200K and the median 504 approval $392K; the Washington 7(a) median was $200K.
Which industries get the most SBA loans in Chelan County?
Traveler Accommodation (13); Beverage Manufacturing (6); Restaurants and Other Eating Places (6); Automotive Repair and Maintenance (5); Building Equipment Contractors (5).
Is SBA lending in Chelan County rising?
Approvals in the three latest complete fiscal years total 56, against 42 in the three before: rising (+33%).
How does Chelan County compare with the rest of Washington?
31.3 approvals per 1,000 establishments against 44.0 statewide, and 87 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