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County5th of 39 in Washington by approvalsFIPS 53063
SBA loans in Spokane 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 613 loans to businesses in Spokane County, Washington, in FY2021 to FY2025, worth $343M: 565 under 7(a) and 48 under 504.
That is 42.5 approvals per 1,000 business establishments (14,426 establishments in 2023), close to the Washington figure of 44.0 and close to the national 41.0.
It ranks 5th of 39 Washington counties with approvals. In FY2025 there were 168, up 37% on FY2024.
71 lenders had approvals here; the most active were Washington Trust Bank (68), Banner Bank (56) and Numerica CU (48). 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 Spokane County
By number of approvals to businesses in the county, FY2021–FY2025; 71 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Washington Trust BankSpokane, WA | 68 | $29.2M | 11.1% | |
| 2 | Banner BankWalla Walla, WA | 56 | $11.4M | 9.1% | |
| 3 | Numerica CUSpokane Valley, WA | 48 | $16.0M | 7.8% | |
| 4 | Glacier BankKalispell, MT | 42 | $37.9M | 6.9% | |
| 5 | Columbia BankLake Oswego, OR | 37 | $5.1M | 6.0% | |
| 6 | First Interstate BankBillings, MT | 35 | $19.5M | 5.7% | |
| 7 | U.S. Bank, National AssociationCincinnati, OH | 35 | $10.2M | 5.7% | |
| 8 | RiverBankSpokane, WA | 27 | $18.3M | 4.4% | |
| 9 | Northwest Business Development AssociationSpokane Valley, WA · CDC | 20 | $15.6M | 3.3% | |
| 10 | Idaho Central CUChubbuck, ID | 18 | $9.3M | 2.9% | |
| 11 | Wells Fargo Bank National AssociationSioux Falls, SD | 16 | $2.6M | 2.6% | |
| 12 | Evergreen Business CapitalSeattle, WA · CDC | 15 | $18.3M | 2.4% | |
| 13 | The Huntington National BankColumbus, OH | 14 | $7.7M | 2.3% | |
| 14 | Live Oak Banking CompanyWilmington, NC | 12 | $18.7M | 2.0% | |
| 15 | Northeast BankLewiston, ME | 12 | $2.0M | 2.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 65 | 10.6% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 35 | 5.7% | |
| 3 | Automotive Repair and MaintenanceNAICS 8111 | 31 | 5.1% | |
| 4 | Offices of Other Health PractitionersNAICS 6213 | 31 | 5.1% | |
| 5 | Building Equipment ContractorsNAICS 2382 | 20 | 3.3% | |
| 6 | Other Amusement and Recreation IndustriesNAICS 7139 | 19 | 3.1% | |
| 7 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 17 | 2.8% | |
| 8 | Residential Building ConstructionNAICS 2361 | 16 | 2.6% | |
| 9 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 14 | 2.3% | |
| 10 | Other Personal ServicesNAICS 8129 | 13 | 2.1% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 82 | 13.4% | |
| 2 | Retail Trade | 79 | 12.9% | |
| 3 | Accommodation and Food Services | 77 | 12.6% | |
| 4 | Health Care and Social Assistance | 75 | 12.2% | |
| 5 | Other Services (except Public Administration) | 68 | 11.1% | |
| 6 | Professional, Scientific, and Technical Services | 50 | 8.2% | |
| 7 | Manufacturing | 43 | 7.0% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 41 | 6.7% |
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* | 103 | $41.9M | $160K | 4 | $5.0M | 107 | 883 |
| FY2025 | 159 | $70.0M | $150K | 9 | $9.1M | 168 | 1,704 |
| FY2024 | 118 | $63.3M | $168K | 5 | $2.6M | 123 | 1,384 |
| FY2023 | 105 | $54.3M | $164K | 8 | $8.4M | 113 | 1,176 |
| FY2022 | 81 | $40.3M | $256K | 13 | $13.9M | 94 | 1,034 |
| FY2021 | 102 | $71.9M | $313K | 13 | $8.7M | 115 | 1,556 |
| FY2020 | 82 | $29.9M | $150K | 18 | $18.3M | 100 | 986 |
| FY2019 | 122 | $47.8M | $150K | 11 | $6.6M | 133 | 1,138 |
| FY2018 | 124 | $49.9M | $128K | 6 | $4.2M | 130 | 1,229 |
| FY2017 | 113 | $49.2M | $185K | 6 | $4.0M | 119 | 989 |
| FY2016 | 161 | $44.3M | $100K | 16 | $12.2M | 177 | 1,291 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 659 approvals.
Against Washington and the country
| FY2021–FY2025 | Spokane County | Washington | United States |
|---|---|---|---|
| Approvals | 613 | 8,905 | 342,825 |
| Approvals per 1,000 establishments | 42.5 | 44.0 | 41.0 |
| Median 7(a) approval | $200K | $200K | $190K |
| Median 504 approval | $609K | $699K | $657K |
| Average approval | $559K | $627K | $573K |
| 504 share of approvals | 7.8% | 7.8% | 11.0% |
| Jobs supported per approval, as reported | 11.2 | 9.2 | 10.5 |
| Share of state approvals | 6.9% | 100.0% | — |
Approval sizes
- $50,000 or less25.4%156
- $50,001 to $150,00018.1%111
- $150,001 to $350,00018.1%111
- $350,001 to $1 million22.5%138
- $1 million to $2 million8.5%52
- Over $2 million7.3%45
Age of the businesses
- Existing, more than 2 years old51.5%316
- New business, 2 years or less18.6%114
- Startup, loan funds will open the business12.4%76
- Change of ownership17.5%107
Questions and answers
Which lenders make the most SBA loans in Spokane County?
By approvals in FY2021 to FY2025: Washington Trust Bank (68), Banner Bank (56), Numerica CU (48), Glacier Bank (42), Columbia Bank (37). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Spokane County?
The median 7(a) approval was $200K and the median 504 approval $609K; the Washington 7(a) median was $200K.
Which industries get the most SBA loans in Spokane County?
Restaurants and Other Eating Places (65); Services to Buildings and Dwellings (35); Automotive Repair and Maintenance (31); Offices of Other Health Practitioners (31); Building Equipment Contractors (20).
Is SBA lending in Spokane County rising?
Approvals in the three latest complete fiscal years total 404, against 309 in the three before: rising (+31%).
How does Spokane County compare with the rest of Washington?
42.5 approvals per 1,000 establishments against 44.0 statewide, and 613 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