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County15th of 39 in Washington by approvalsFIPS 53021
SBA loans in Franklin 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 78 loans to businesses in Franklin County, Washington, in FY2021 to FY2025, worth $37.9M: 69 under 7(a) and 9 under 504.
That is 39.6 approvals per 1,000 business establishments (1,968 establishments in 2023), close to the Washington figure of 44.0 and close to the national 41.0.
It ranks 15th of 39 Washington counties with approvals. In FY2025 there were 25.
28 lenders had approvals here; the most active were Banner Bank (13), Columbia Bank (12) and HAPO Community CU (8). The most common industry was building equipment 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 Franklin County
By number of approvals to businesses in the county, FY2021–FY2025; 28 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Banner BankWalla Walla, WA | 13 | $8.4M | 16.7% | |
| 2 | Columbia BankLake Oswego, OR | 12 | $1.6M | 15.4% | |
| 3 | HAPO Community CURichland, WA | 8 | $817K | 10.3% | |
| 4 | KeyBank National AssociationCleveland, OH | 6 | $690K | 7.7% | |
| 5 | Northwest Business Development AssociationSpokane Valley, WA · CDC | 5 | $4.4M | 6.4% | |
| 6 | Evergreen Business CapitalSeattle, WA · CDC | 3 | $4.5M | 3.8% | |
| 7 | Newtek Small Business Finance, Inc.Lake Success, NY | 3 | $2.0M | 3.8% | |
| 8 | Readycap Lending, LLCBerkeley Heights, NJ | 2 | — | 2.6% | |
| 9 | First Internet Bank of IndianaFishers, IN | 2 | — | 2.6% | |
| 10 | Wells Fargo Bank National AssociationSioux Falls, SD | 2 | — | 2.6% | |
| 11 | United Community BankGreenville, SC | 2 | — | 2.6% | |
| 12 | The Huntington National BankColumbus, OH | 2 | — | 2.6% | |
| 13 | Numerica CUSpokane Valley, WA | 2 | — | 2.6% | |
| 14 | U.S. Bank, National AssociationCincinnati, OH | 2 | — | 2.6% | |
| 15 | Cathay BankLos Angeles, CA | 1 | — | 1.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Building Equipment ContractorsNAICS 2382 | 6 | 7.7% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 6 | 7.7% | |
| 3 | Offices of Other Health PractitionersNAICS 6213 | 4 | 5.1% | |
| 4 | Other Specialty Trade ContractorsNAICS 2389 | 4 | 5.1% | |
| 5 | General Freight TruckingNAICS 4841 | 4 | 5.1% | |
| 6 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 3 | 3.8% | |
| 7 | Building Finishing ContractorsNAICS 2383 | 3 | 3.8% | |
| 8 | Other Amusement and Recreation IndustriesNAICS 7139 | 3 | 3.8% | |
| 9 | Nonresidential Building ConstructionNAICS 2362 | 3 | 3.8% | |
| 10 | Services to Buildings and DwellingsNAICS 5617 | 3 | 3.8% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 18 | 23.1% | |
| 2 | Health Care and Social Assistance | 13 | 16.7% | |
| 3 | Transportation and Warehousing | 8 | 10.3% | |
| 4 | Retail Trade | 7 | 9.0% | |
| 5 | Accommodation and Food Services | 7 | 9.0% | |
| 6 | Other Services (except Public Administration) | 6 | 7.7% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 5 | 6.4% | |
| 8 | Manufacturing | 4 | 5.1% |
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* | 10 | $3.9M | $119K | 0 | — | 10 | 61 |
| FY2025 | 23 | $10.9M | $150K | 2 | — | 25 | 198 |
| FY2024 | 8 | $1.3M | $112K | 0 | — | 8 | 63 |
| FY2023 | 11 | $1.3M | $77K | 1 | — | 12 | 117 |
| FY2022 | 5 | $993K | $100K | 1 | — | 6 | 43 |
| FY2021 | 22 | $14.0M | $296K | 5 | $3.6M | 27 | 432 |
| FY2020 | 11 | $5.8M | $200K | 5 | $6.1M | 16 | 127 |
| FY2019 | 13 | $527K | $25K | 2 | — | 15 | 30 |
| FY2018 | 5 | $4.2M | $125K | 3 | $5.1M | 8 | 145 |
| FY2017 | 17 | $7.9M | $164K | 2 | — | 19 | 139 |
| FY2016 | 13 | $6.0M | $192K | 1 | — | 14 | 133 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 72 approvals.
Against Washington and the country
| FY2021–FY2025 | Franklin County | Washington | United States |
|---|---|---|---|
| Approvals | 78 | 8,905 | 342,825 |
| Approvals per 1,000 establishments | 39.6 | 44.0 | 41.0 |
| Median 7(a) approval | $149K | $200K | $190K |
| Median 504 approval | $728K | $699K | $657K |
| Average approval | $486K | $627K | $573K |
| 504 share of approvals | 11.5% | 7.8% | 11.0% |
| Jobs supported per approval, as reported | 10.9 | 9.2 | 10.5 |
| Share of state approvals | 0.9% | 100.0% | — |
Approval sizes
- $50,000 or less29.5%23
- $50,001 to $150,00020.5%16
- $150,001 to $350,00015.4%12
- $350,001 to $1 million17.9%14
- $1 million to $2 million10.3%8
- Over $2 million6.4%5
Age of the businesses
- Existing, more than 2 years old53.8%42
- New business, 2 years or less16.7%13
- Startup, loan funds will open the business16.7%13
- Change of ownership11.5%9
- Not answered1.3%1
Questions and answers
Which lenders make the most SBA loans in Franklin County?
By approvals in FY2021 to FY2025: Banner Bank (13), Columbia Bank (12), HAPO Community CU (8), KeyBank National Association (6), Northwest Business Development Association (5). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Franklin County?
The median 7(a) approval was $149K and the median 504 approval $728K; the Washington 7(a) median was $200K.
Which industries get the most SBA loans in Franklin County?
Building Equipment Contractors (6); Restaurants and Other Eating Places (6); Offices of Other Health Practitioners (4); Other Specialty Trade Contractors (4); General Freight Trucking (4).
Is SBA lending in Franklin County rising?
Approvals in the three latest complete fiscal years total 45, against 49 in the three before: broadly level (-8%).
How does Franklin County compare with the rest of Washington?
39.6 approvals per 1,000 establishments against 44.0 statewide, and 78 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