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County12th of 39 in Washington by approvalsFIPS 53025
SBA loans in Grant 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 Grant County, Washington, received 116 SBA loan approvals worth $79.8M in FY2021 to FY2025 (108 7(a), 8 504).
That is 54.6 approvals per 1,000 business establishments (2,123 establishments in 2023), above the Washington figure of 44.0 and above the national 41.0.
It ranks 12th of 39 Washington counties with approvals. In FY2025 there were 31, up 19% on FY2024.
36 lenders had approvals here; the most active were Washington Trust Bank (18), U.S. Bank, National Association (16) and Banner Bank (13). The most common industry was gasoline stations.
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 Grant County
By number of approvals to businesses in the county, FY2021–FY2025; 36 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Washington Trust BankSpokane, WA | 18 | $7.8M | 15.5% | |
| 2 | U.S. Bank, National AssociationCincinnati, OH | 16 | $5.6M | 13.8% | |
| 3 | Banner BankWalla Walla, WA | 13 | $2.6M | 11.2% | |
| 4 | Readycap Lending, LLCBerkeley Heights, NJ | 7 | $13.9M | 6.0% | |
| 5 | Columbia BankLake Oswego, OR | 7 | $868K | 6.0% | |
| 6 | Northwest Business Development AssociationSpokane Valley, WA · CDC | 5 | $3.2M | 4.3% | |
| 7 | Peoples BankBellingham, WA | 5 | $2.3M | 4.3% | |
| 8 | JPMorgan Chase Bank, National AssociationColumbus, OH | 4 | $500K | 3.4% | |
| 9 | KeyBank National AssociationCleveland, OH | 3 | $125K | 2.6% | |
| 10 | US Metro BankGarden Grove, CA | 2 | — | 1.7% | |
| 11 | Southwestern National BankHouston, TX | 2 | — | 1.7% | |
| 12 | Celtic Bank CorporationSalt Lake City, UT | 2 | — | 1.7% | |
| 13 | PCB BankLos Angeles, CA | 2 | — | 1.7% | |
| 14 | Open BankLos Angeles, CA | 2 | — | 1.7% | |
| 15 | Cathay BankLos Angeles, CA | 2 | — | 1.7% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Gasoline StationsNAICS 4571 | 10 | 8.6% | |
| 2 | General Freight TruckingNAICS 4841 | 9 | 7.8% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 8 | 6.9% | |
| 4 | Traveler AccommodationNAICS 7211 | 5 | 4.3% | |
| 5 | Support Activities for Crop ProductionNAICS 1151 | 5 | 4.3% | |
| 6 | Automotive Repair and MaintenanceNAICS 8111 | 5 | 4.3% | |
| 7 | Offices of Other Health PractitionersNAICS 6213 | 5 | 4.3% | |
| 8 | Automotive Parts, Accessories, and Tire StoresNAICS 4413 | 5 | 4.3% | |
| 9 | Utility System ConstructionNAICS 2371 | 5 | 4.3% | |
| 10 | Other Specialty Trade ContractorsNAICS 2389 | 5 | 4.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 24 | 20.7% | |
| 2 | Construction | 20 | 17.2% | |
| 3 | Transportation and Warehousing | 16 | 13.8% | |
| 4 | Accommodation and Food Services | 13 | 11.2% | |
| 5 | Other Services (except Public Administration) | 7 | 6.0% | |
| 6 | Health Care and Social Assistance | 7 | 6.0% | |
| 7 | Manufacturing | 6 | 5.2% | |
| 8 | Agriculture, Forestry, Fishing and Hunting | 5 | 4.3% |
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 | $5.0M | $150K | 1 | — | 18 | 132 |
| FY2025 | 30 | $12.5M | $78K | 1 | — | 31 | 165 |
| FY2024 | 25 | $21.8M | $200K | 1 | — | 26 | 127 |
| FY2023 | 17 | $15.6M | $480K | 3 | $2.7M | 20 | 163 |
| FY2022 | 14 | $5.0M | $188K | 1 | — | 15 | 114 |
| FY2021 | 22 | $18.8M | $186K | 2 | — | 24 | 349 |
| FY2020 | 25 | $7.7M | $101K | 2 | — | 27 | 142 |
| FY2019 | 24 | $11.8M | $201K | 0 | — | 24 | 156 |
| FY2018 | 25 | $13.2M | $100K | 0 | — | 25 | 123 |
| FY2017 | 20 | $11.2M | $112K | 0 | — | 20 | 163 |
| FY2016 | 16 | $3.4M | $107K | 0 | — | 16 | 131 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 112 approvals.
Against Washington and the country
| FY2021–FY2025 | Grant County | Washington | United States |
|---|---|---|---|
| Approvals | 116 | 8,905 | 342,825 |
| Approvals per 1,000 establishments | 54.6 | 44.0 | 41.0 |
| Median 7(a) approval | $150K | $200K | $190K |
| Median 504 approval | $732K | $699K | $657K |
| Average approval | $688K | $627K | $573K |
| 504 share of approvals | 6.9% | 7.8% | 11.0% |
| Jobs supported per approval, as reported | 7.9 | 9.2 | 10.5 |
| Share of state approvals | 1.3% | 100.0% | — |
Approval sizes
- $50,000 or less26.7%31
- $50,001 to $150,00020.7%24
- $150,001 to $350,00010.3%12
- $350,001 to $1 million21.6%25
- $1 million to $2 million9.5%11
- Over $2 million11.2%13
Age of the businesses
- Existing, more than 2 years old66.4%77
- New business, 2 years or less18.1%21
- Startup, loan funds will open the business6.9%8
- Change of ownership8.6%10
Questions and answers
Which lenders make the most SBA loans in Grant County?
By approvals in FY2021 to FY2025: Washington Trust Bank (18), U.S. Bank, National Association (16), Banner Bank (13), Readycap Lending, LLC (7), Columbia Bank (7). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Grant County?
The median 7(a) approval was $150K and the median 504 approval $732K; the Washington 7(a) median was $200K.
Which industries get the most SBA loans in Grant County?
Gasoline Stations (10); General Freight Trucking (9); Restaurants and Other Eating Places (8); Traveler Accommodation (5); Support Activities for Crop Production (5).
Is SBA lending in Grant County rising?
Approvals in the three latest complete fiscal years total 77, against 66 in the three before: rising (+17%).
How does Grant County compare with the rest of Washington?
54.6 approvals per 1,000 establishments against 44.0 statewide, and 116 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