Lenders › Mountain Pacific Bank
7(a) lenderEverett, WashingtonFDIC-insured bank362nd of 2,184 by approvals
Mountain Pacific Bank
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
Mountain Pacific Bank (Everett, Washington) is an FDIC-insured bank in the SBA 7(a) program, 362nd of 2,184 by approvals in FY2021 to FY2025: 83 loans worth $142M.
In FY2025, the latest complete fiscal year, it had 21 approvals totalling $37.7M, up 24% on FY2024 (17). FY2026 to 30 Jun 2026 adds 14 more.
The median approval was $999K, against $190K for the 7(a) program as a whole; 7.2% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 6 states and territories and 26 counties, led by Washington (71.1%), Oregon (18.1%) and Alaska (6.0%). The largest industry group was retail trade at 43.4% of approvals, and 26.5% of approvals were to franchise businesses.
Of 100 disbursed loans approved in FY2010 to FY2021, SBA records 2 as charged off (2.0%), 61 as paid in full and 37 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 14 | $31.4M | $1.6M | $2.2M | 162 |
| FY2025 | 21 | $37.7M | $1.1M | $1.8M | 299 |
| FY2024 | 17 | $26.9M | $777K | $1.6M | 166 |
| FY2023 | 14 | $31.8M | $1.7M | $2.3M | 150 |
| FY2022 | 10 | $13.8M | $535K | $1.4M | 186 |
| FY2021 | 21 | $32.0M | $875K | $1.5M | 197 |
| FY2020 | 21 | $31.9M | $950K | $1.5M | 268 |
| FY2019 | 11 | $16.7M | $535K | $1.5M | 123 |
| FY2018 | 26 | $38.9M | $808K | $1.5M | 254 |
| FY2017 | 22 | $34.0M | $1.4M | $1.5M | 135 |
| FY2016 | 1 | — | — | — | 8 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 81 approvals. First approval on file: FY2011.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Washington | 7(a) program |
|---|---|---|---|
| Approvals in these years | 108 | 17,200 | 639,905 |
| Cancelled or never disbursed | 8 | 2,118 | 79,313 |
| Disbursed loans | 100 | 15,082 | 560,592 |
| Paid in full | 61 | 12,092 | 435,813 |
| Charged off | 2 | 678 | 36,891 |
| Still outstanding (status exempt from disclosure) | 37 | 2,312 | 87,888 |
| Charged off, share of disbursed loans | 2.0% | 4.5% | 6.6% |
| Dollars charged off, share of disbursed dollars | 0.2% | 1.6% | 2.5% |
| Dollars charged off | $341K | $114M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 21 | 7 | 1 | — | 2.8% |
| FY2020 | 19 | 10 | 0 | — | 4.0% |
| FY2019 | 11 | 8 | 1 | — | 6.7% |
| FY2018 | 26 | 19 | 0 | — | 7.9% |
| FY2017 | 17 | 12 | 0 | — | 7.7% |
| FY2016 | 1 | 1 | 0 | — | 7.2% |
| FY2015 | 2 | 2 | 0 | — | 6.9% |
| FY2014 | 1 | 0 | 0 | — | 6.4% |
| FY2013 | 0 | 0 | 0 | — | 6.0% |
| FY2012 | 0 | 0 | 0 | — | 6.3% |
| FY2011 | 2 | 2 | 0 | — | 6.9% |
| FY2010 | 0 | 0 | 0 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $999K | $190K |
| Average approval | $1.7M | $518K |
| Approvals of $150,000 or less | 7.2% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 15.7% | 34.3% |
| Approvals to franchise businesses | 26.5% | 11.5% |
| Jobs supported per approval, as reported | 12.0 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 2.0% | 6.6% |
States served
| # | State of the business (6 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Washington | 59 | $105M | 71.1% | |
| 2 | Oregon | 15 | $24.6M | 18.1% | |
| 3 | Alaska | 5 | $5.2M | 6.0% | |
| 4 | Montana | 2 | — | 2.4% | |
| 5 | California | 1 | — | 1.2% | |
| 6 | Colorado | 1 | — | 1.2% |
In Washington the lender accounts for 0.7% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (26 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | King County, WA | 14 | $30.9M | 16.9% | |
| 2 | Snohomish County, WA | 14 | $21.0M | 16.9% | |
| 3 | Pierce County, WA | 8 | $17.3M | 9.6% | |
| 4 | Yakima County, WA | 5 | $13.6M | 6.0% | |
| 5 | Skagit County, WA | 5 | $5.0M | 6.0% | |
| 6 | Thurston County, WA | 4 | $1.7M | 4.8% | |
| 7 | Umatilla County, OR | 3 | $8.5M | 3.6% | |
| 8 | Whatcom County, WA | 3 | $775K | 3.6% | |
| 9 | Spokane County, WA | 2 | — | 2.4% | |
| 10 | Douglas County, OR | 2 | — | 2.4% | |
| 11 | Anchorage Municipality, AK | 2 | — | 2.4% | |
| 12 | Sanders County, MT | 2 | — | 2.4% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 36 | 43.4% | |
| 2 | Accommodation and Food Services | 18 | 21.7% | |
| 3 | Health Care and Social Assistance | 8 | 9.6% | |
| 4 | Construction | 4 | 4.8% | |
| 5 | Wholesale Trade | 3 | 3.6% | |
| 6 | Other Services (except Public Administration) | 3 | 3.6% | |
| 7 | Agriculture, Forestry, Fishing and Hunting | 2 | 2.4% | |
| 8 | Transportation and Warehousing | 2 | 2.4% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Gasoline StationsNAICS 4571 | 11 | 13.3% | |
| 2 | Gasoline StationsNAICS 4471 | 10 | 12.0% | |
| 3 | Grocery StoresNAICS 4451 | 10 | 12.0% | |
| 4 | Traveler AccommodationNAICS 7211 | 8 | 9.6% | |
| 5 | Restaurants and Other Eating PlacesNAICS 7225 | 8 | 9.6% | |
| 6 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 4 | 4.8% | |
| 7 | Nursing Care Facilities (Skilled Nursing Facilities)NAICS 6231 | 2 | 2.4% | |
| 8 | FishingNAICS 1141 | 2 | 2.4% | |
| 9 | Other Miscellaneous RetailersNAICS 4599 | 2 | 2.4% | |
| 10 | Other Specialty Trade ContractorsNAICS 2389 | 2 | 2.4% |
Approval sizes
- $50,001 to $150,0007.2%6
- $150,001 to $350,00015.7%13
- $350,001 to $1 million27.7%23
- $1 million to $2 million16.9%14
- Over $2 million32.5%27
Loan terms
- 5 years or less3.6%3
- Over 5 to 10 years33.7%28
- Over 10 to 20 years3.6%3
- Over 20 years59.0%49
Age of the businesses
- Existing, more than 2 years old21.7%18
- New business, 2 years or less9.6%8
- Startup, loan funds will open the business6.0%5
- Change of ownership62.7%52
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 78 | 94.0% | |
| 2 | 7a General | 5 | 6.0% |
Franchise share
22 of 83 approvals in FY2021–FY2025 (26.5%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Motel 6 | 2 | 2.4% | |
| 2 | Christensen Inc. dba Powell Product Sales Agreement | 2 | 2.4% | |
| 3 | PacWest Energy | 1 | 1.2% | |
| 4 | Au Energy | 1 | 1.2% | |
| 5 | Jackson Food Stores, Inc. | 1 | 1.2% | |
| 6 | Cambria Hotels | 1 | 1.2% | |
| 7 | Chevron | 1 | 1.2% | |
| 8 | Phillips 66 Branded Reseller Agreement | 1 | 1.2% |
Questions and answers
How many SBA loans does Mountain Pacific Bank make?
SBA approved 21 7(a) loans through Mountain Pacific Bank in FY2025, worth $37.7M, and 83 over FY2021 to FY2025. That ranks 362nd of 2,184 active 7(a) lenders by number of approvals.
How large are Mountain Pacific Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $999K and the average $1.7M. The program-wide median was $190K.
What is Mountain Pacific Bank's charge-off rate?
Of 100 disbursed loans approved in FY2010 to FY2021, SBA records 2 as charged off (2.0%), 61 as paid in full and 37 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Mountain Pacific Bank lend to most?
By number of approvals in FY2021 to FY2025: gasoline stations (11); gasoline stations (10); grocery stores (10); traveler accommodation (8).
Where does Mountain Pacific Bank make SBA loans?
In 6 states and territories. Washington 59, Oregon 15, Alaska 5, Montana 2, California 1. In Washington it accounts for 0.7% of all 7(a) approvals.
Is Mountain Pacific Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 52, against 52 in the three before: broadly level (0%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error