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County19th of 39 in Washington by approvalsFIPS 53027
SBA loans in Grays Harbor 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 62 loans to businesses in Grays Harbor County, Washington, in FY2021 to FY2025, worth $67.4M: 60 under 7(a) and 2 under 504.
That is 39.8 approvals per 1,000 business establishments (1,558 establishments in 2023), close to the Washington figure of 44.0 and close to the national 41.0.
It ranks 19th of 39 Washington counties with approvals. In FY2025 there were 12, down 37% on FY2024.
30 lenders had approvals here; the most active were Open Bank (8), Readycap Lending, LLC (5) and Commonwealth Business Bank (4). 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 Grays Harbor County
By number of approvals to businesses in the county, FY2021–FY2025; 30 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Open BankLos Angeles, CA | 8 | $21.4M | 12.9% | |
| 2 | Readycap Lending, LLCBerkeley Heights, NJ | 5 | $8.6M | 8.1% | |
| 3 | Commonwealth Business BankLos Angeles, CA | 4 | $4.5M | 6.5% | |
| 4 | KeyBank National AssociationCleveland, OH | 4 | $1.9M | 6.5% | |
| 5 | Bank of HopeLos Angeles, CA | 3 | $6.4M | 4.8% | |
| 6 | Live Oak Banking CompanyWilmington, NC | 3 | $2.6M | 4.8% | |
| 7 | U.S. Bank, National AssociationCincinnati, OH | 3 | $364K | 4.8% | |
| 8 | Celtic Bank CorporationSalt Lake City, UT | 2 | — | 3.2% | |
| 9 | GBC International BankLos Angeles, CA | 2 | — | 3.2% | |
| 10 | PCB BankLos Angeles, CA | 2 | — | 3.2% | |
| 11 | Capital Community BankProvo, UT | 2 | — | 3.2% | |
| 12 | Hanmi BankLos Angeles, CA | 2 | — | 3.2% | |
| 13 | Harborstone CULakewood, WA | 2 | — | 3.2% | |
| 14 | Columbia BankLake Oswego, OR | 2 | — | 3.2% | |
| 15 | Bank of the PacificAberdeen, WA | 2 | — | 3.2% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 14 | 22.6% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 9 | 14.5% | |
| 3 | Gasoline StationsNAICS 4571 | 8 | 12.9% | |
| 4 | Grocery StoresNAICS 4451 | 8 | 12.9% | |
| 5 | Building Equipment ContractorsNAICS 2382 | 4 | 6.5% | |
| 6 | Gasoline StationsNAICS 4471 | 2 | 3.2% | |
| 7 | Drinking Places (Alcoholic Beverages)NAICS 7224 | 2 | 3.2% | |
| 8 | Lessors of Real EstateNAICS 5311 | 2 | 3.2% | |
| 9 | Services to Buildings and DwellingsNAICS 5617 | 2 | 3.2% | |
| 10 | Nonresidential Building ConstructionNAICS 2362 | 1 | 1.6% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 26 | 41.9% | |
| 2 | Retail Trade | 18 | 29.0% | |
| 3 | Construction | 7 | 11.3% | |
| 4 | Health Care and Social Assistance | 2 | 3.2% | |
| 5 | Real Estate and Rental and Leasing | 2 | 3.2% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 2 | 3.2% | |
| 7 | Agriculture, Forestry, Fishing and Hunting | 2 | 3.2% | |
| 8 | Manufacturing | 1 | 1.6% |
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* | 15 | $14.9M | $800K | 0 | — | 15 | 186 |
| FY2025 | 12 | $11.6M | $545K | 0 | — | 12 | 95 |
| FY2024 | 19 | $21.5M | $890K | 0 | — | 19 | 108 |
| FY2023 | 7 | $5.7M | $320K | 0 | — | 7 | 41 |
| FY2022 | 7 | $12.5M | $1.1M | 2 | — | 9 | 60 |
| FY2021 | 15 | $15.4M | $493K | 0 | — | 15 | 94 |
| FY2020 | 10 | $12.2M | $500K | 1 | — | 11 | 58 |
| FY2019 | 9 | $12.5M | $562K | 0 | — | 9 | 32 |
| FY2018 | 18 | $24.0M | $1.0M | 1 | — | 19 | 315 |
| FY2017 | 5 | $2.6M | $418K | 0 | — | 5 | 26 |
| FY2016 | 14 | $21.3M | $1.3M | 1 | — | 15 | 190 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 59 approvals.
Against Washington and the country
| FY2021–FY2025 | Grays Harbor County | Washington | United States |
|---|---|---|---|
| Approvals | 62 | 8,905 | 342,825 |
| Approvals per 1,000 establishments | 39.8 | 44.0 | 41.0 |
| Median 7(a) approval | $584K | $200K | $190K |
| Median 504 approval | — | $699K | $657K |
| Average approval | $1.1M | $627K | $573K |
| 504 share of approvals | 3.2% | 7.8% | 11.0% |
| Jobs supported per approval, as reported | 6.4 | 9.2 | 10.5 |
| Share of state approvals | 0.7% | 100.0% | — |
Approval sizes
- $50,000 or less12.9%8
- $50,001 to $150,0008.1%5
- $150,001 to $350,00012.9%8
- $350,001 to $1 million27.4%17
- $1 million to $2 million19.4%12
- Over $2 million19.4%12
Age of the businesses
- Existing, more than 2 years old41.9%26
- New business, 2 years or less16.1%10
- Startup, loan funds will open the business4.8%3
- Change of ownership37.1%23
Questions and answers
Which lenders make the most SBA loans in Grays Harbor County?
By approvals in FY2021 to FY2025: Open Bank (8), Readycap Lending, LLC (5), Commonwealth Business Bank (4), KeyBank National Association (4), Bank of Hope (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Grays Harbor County?
The median 7(a) approval was $584K; the Washington 7(a) median was $200K.
Which industries get the most SBA loans in Grays Harbor County?
Traveler Accommodation (14); Restaurants and Other Eating Places (9); Gasoline Stations (8); Grocery Stores (8); Building Equipment Contractors (4).
Is SBA lending in Grays Harbor County rising?
Approvals in the three latest complete fiscal years total 38, against 35 in the three before: broadly level (+9%).
How does Grays Harbor County compare with the rest of Washington?
39.8 approvals per 1,000 establishments against 44.0 statewide, and 62 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