Lenders › Summit Bank
7(a) lenderEugene, OregonFDIC-insured bank406th of 2,184 by approvals
Summit 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.
Summit Bank (Eugene, Oregon) is an FDIC-insured bank in the SBA 7(a) program, 406th of 2,184 by approvals in FY2021 to FY2025: 71 loans worth $81.7M.
In FY2025, the latest complete fiscal year, it had 7 approvals totalling $3.5M. FY2026 to 30 Jun 2026 adds 7 more.
The median approval was $683K, against $190K for the 7(a) program as a whole; 4.2% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 6 states and territories and 17 counties, led by Oregon (81.7%), Washington (8.5%) and Wisconsin (4.2%). The largest industry group was health care and social assistance at 14.1% of approvals, and 9.9% of approvals were to franchise businesses.
Of 128 disbursed loans approved in FY2010 to FY2021, SBA records 6 as charged off (4.7%), 95 as paid in full and 27 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* | 7 | $6.5M | $359K | $924K | 130 |
| FY2025 | 7 | $3.5M | $496K | $493K | 99 |
| FY2024 | 9 | $9.3M | $427K | $1.0M | 555 |
| FY2023 | 23 | $37.6M | $1.2M | $1.6M | 479 |
| FY2022 | 17 | $11.5M | $585K | $677K | 180 |
| FY2021 | 15 | $19.8M | $934K | $1.3M | 304 |
| FY2020 | 11 | $7.3M | $500K | $661K | 321 |
| FY2019 | 15 | $14.9M | $293K | $991K | 336 |
| FY2018 | 23 | $14.9M | $425K | $648K | 313 |
| FY2017 | 26 | $16.6M | $316K | $639K | 456 |
| FY2016 | 21 | $7.4M | $322K | $354K | 320 |
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 96 approvals. First approval on file: FY2010.
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 | Oregon | 7(a) program |
|---|---|---|---|
| Approvals in these years | 138 | 9,418 | 639,905 |
| Cancelled or never disbursed | 10 | 1,129 | 79,313 |
| Disbursed loans | 128 | 8,289 | 560,592 |
| Paid in full | 95 | 6,528 | 435,813 |
| Charged off | 6 | 384 | 36,891 |
| Still outstanding (status exempt from disclosure) | 27 | 1,377 | 87,888 |
| Charged off, share of disbursed loans | 4.7% | 4.6% | 6.6% |
| Dollars charged off, share of disbursed dollars | 1.2% | 1.4% | 2.5% |
| Dollars charged off | $1.0M | $46.1M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 15 | 4 | 0 | — | 2.8% |
| FY2020 | 10 | 9 | 0 | — | 4.0% |
| FY2019 | 14 | 11 | 3 | — | 6.7% |
| FY2018 | 21 | 18 | 0 | — | 7.9% |
| FY2017 | 24 | 17 | 1 | — | 7.7% |
| FY2016 | 19 | 16 | 1 | — | 7.2% |
| FY2015 | 17 | 15 | 0 | — | 6.9% |
| FY2014 | 4 | 3 | 1 | — | 6.4% |
| FY2013 | 1 | 1 | 0 | — | 6.0% |
| FY2012 | 2 | 0 | 0 | — | 6.3% |
| FY2011 | 0 | 0 | 0 | — | 6.9% |
| FY2010 | 1 | 1 | 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 | $683K | $190K |
| Average approval | $1.2M | $518K |
| Approvals of $150,000 or less | 4.2% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 32.4% | 34.3% |
| Approvals to franchise businesses | 9.9% | 11.5% |
| Jobs supported per approval, as reported | 22.8 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 4.7% | 6.6% |
States served
| # | State of the business (6 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Oregon | 58 | $66.8M | 81.7% | |
| 2 | Washington | 6 | $8.6M | 8.5% | |
| 3 | Wisconsin | 3 | $3.6M | 4.2% | |
| 4 | Idaho | 2 | — | 2.8% | |
| 5 | California | 1 | — | 1.4% | |
| 6 | Arizona | 1 | — | 1.4% |
In Oregon the lender accounts for 1.3% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (17 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Lane County, OR | 21 | $23.2M | 29.6% | |
| 2 | Deschutes County, OR | 14 | $14.5M | 19.7% | |
| 3 | Multnomah County, OR | 8 | $9.2M | 11.3% | |
| 4 | Washington County, OR | 8 | $8.7M | 11.3% | |
| 5 | Clark County, WA | 5 | $8.3M | 7.0% | |
| 6 | Dane County, WI | 3 | $3.6M | 4.2% | |
| 7 | Payette County, ID | 2 | — | 2.8% | |
| 8 | Clackamas County, OR | 1 | — | 1.4% | |
| 9 | Polk County, OR | 1 | — | 1.4% | |
| 10 | Lincoln County, OR | 1 | — | 1.4% | |
| 11 | Plumas County, CA | 1 | — | 1.4% | |
| 12 | Wasco County, OR | 1 | — | 1.4% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 10 | 14.1% | |
| 2 | Accommodation and Food Services | 9 | 12.7% | |
| 3 | Professional, Scientific, and Technical Services | 8 | 11.3% | |
| 4 | Arts, Entertainment, and Recreation | 8 | 11.3% | |
| 5 | Retail Trade | 8 | 11.3% | |
| 6 | Other Services (except Public Administration) | 7 | 9.9% | |
| 7 | Construction | 6 | 8.5% | |
| 8 | Wholesale Trade | 5 | 7.0% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Amusement and Recreation IndustriesNAICS 7139 | 8 | 11.3% | |
| 2 | Offices of PhysiciansNAICS 6211 | 5 | 7.0% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 4 | 5.6% | |
| 4 | Offices of Other Health PractitionersNAICS 6213 | 3 | 4.2% | |
| 5 | Scientific Research and Development ServicesNAICS 5417 | 3 | 4.2% | |
| 6 | Other Personal ServicesNAICS 8129 | 2 | 2.8% | |
| 7 | Traveler AccommodationNAICS 7211 | 2 | 2.8% | |
| 8 | Grocery and Related Product Merchant WholesalersNAICS 4244 | 2 | 2.8% | |
| 9 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 2 | 2.8% | |
| 10 | Sporting Goods, Hobby, and Musical Instrument RetailersNAICS 4591 | 2 | 2.8% |
Approval sizes
- $50,001 to $150,0004.2%3
- $150,001 to $350,00022.5%16
- $350,001 to $1 million36.6%26
- $1 million to $2 million21.1%15
- Over $2 million15.5%11
Loan terms
- 5 years or less1.4%1
- Over 5 to 10 years63.4%45
- Over 10 to 20 years9.9%7
- Over 20 years25.4%18
Age of the businesses
- Existing, more than 2 years old39.4%28
- New business, 2 years or less11.3%8
- Startup, loan funds will open the business21.1%15
- Change of ownership28.2%20
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | 7a General | 41 | 57.7% | |
| 2 | Preferred Lenders Program | 29 | 40.8% | |
| 3 | 7(a) WCP | 1 | 1.4% |
Franchise share
7 of 71 approvals in FY2021–FY2025 (9.9%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | X-Golf | 3 | 4.2% | |
| 2 | Anytime Fitness | 1 | 1.4% | |
| 3 | Ascend Collection | 1 | 1.4% | |
| 4 | European Wax Center | 1 | 1.4% | |
| 5 | Gameday Men's Health | 1 | 1.4% |
Questions and answers
How many SBA loans does Summit Bank make?
SBA approved 7 7(a) loans through Summit Bank in FY2025, worth $3.5M, and 71 over FY2021 to FY2025. That ranks 406th of 2,184 active 7(a) lenders by number of approvals.
How large are Summit Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $683K and the average $1.2M. The program-wide median was $190K.
What is Summit Bank's charge-off rate?
Of 128 disbursed loans approved in FY2010 to FY2021, SBA records 6 as charged off (4.7%), 95 as paid in full and 27 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 Summit Bank lend to most?
By number of approvals in FY2021 to FY2025: other amusement and recreation industries (8); offices of physicians (5); restaurants and other eating places (4); offices of other health practitioners (3).
Where does Summit Bank make SBA loans?
In 6 states and territories. Oregon 58, Washington 6, Wisconsin 3, Idaho 2, California 1. In Oregon it accounts for 1.3% of all 7(a) approvals.
Is Summit Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 39, against 43 in the three before: broadly level (-9%).
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