States › Oregon
State1.5% of US approvals161 lenders active
SBA loans in Oregon
7(a) and 504 approvals by fiscal year, the lenders behind them, and where in the state they went. Pick a fiscal year for that year's lenders and counties.
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 Oregon received 5,000 SBA loan approvals worth $2.64bn in FY2021 to FY2025, 4,592 of them 7(a) loans and 408 504 loans.
That is 40.8 approvals for every 1,000 business establishments in the state, against 41.0 nationally, and 1.5% of all approvals in the country (23rd of 54 states and territories).
In FY2025 there were 1,303 approvals totalling $611M, up 18% on FY2024. The median 7(a) approval over the five years was $118K and the median 504 approval $667K.
161 lenders had at least one approval in the state; by number of 7(a) approvals the most active were Columbia Bank (1,021), U.S. Bank, National Association (666) and KeyBank National Association (239).
Of 7(a) loans approved in FY2010 to FY2021 and disbursed, SBA records 4.6% as charged off, against 6.6% nationally.
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.
Most active 7(a) lenders in Oregon
Ranked by number of approvals to businesses in the state, FY2021–FY2025. The column of bars shows each lender's approvals here in every fiscal year; the charged-off column is the lender's nationwide figure.
| # | Lender | Approvals in OR, FY2021–25 | Dollars | Share | Median approval, all states | FY2016–26 | Charged off, FY2010–21 loans |
|---|---|---|---|---|---|---|---|
| 1 | Columbia BankLake Oswego, OR | 1,021 | $167M | 22.2% | $50K | 7.9% | |
| 2 | U.S. Bank, National AssociationCincinnati, OH | 666 | $124M | 14.5% | $45K | 6.2% | |
| 3 | KeyBank National AssociationCleveland, OH | 239 | $107M | 5.2% | $75K | 4.3% | |
| 4 | Banner BankWalla Walla, WA | 225 | $43.0M | 4.9% | $100K | 3.2% | |
| 5 | Wells Fargo Bank National AssociationSioux Falls, SD | 191 | $91.2M | 4.2% | $15K | 7.9% | |
| 6 | The Huntington National BankColumbus, OH | 152 | $64.6M | 3.3% | $92K | 5.7% | |
| 7 | Readycap Lending, LLCBerkeley Heights, NJ | 149 | $119M | 3.2% | $138K | 4.3% | |
| 8 | Northeast BankLewiston, ME | 148 | $19.1M | 3.2% | $106K | 12.8% | |
| 9 | Live Oak Banking CompanyWilmington, NC | 133 | $172M | 2.9% | $850K | 2.2% | |
| 10 | Newtek Bank, National AssociationMiami, FL | 108 | $50.2M | 2.4% | $225K | — | |
| 11 | Banc of CaliforniaLos Angeles, CA | 107 | $188M | 2.3% | $1.1M | 4.2% | |
| 12 | BayFirst National BankSaint Petersburg, FL | 106 | $26.7M | 2.3% | $150K | 19.2% | |
| 13 | JPMorgan Chase Bank, National AssociationColumbus, OH | 89 | $26.1M | 1.9% | $200K | 7.4% | |
| 14 | First Interstate BankBillings, MT | 75 | $33.0M | 1.6% | $222K | 5.7% | |
| 15 | 1st Security Bank of WashingtonMountlake Terrace, WA | 74 | $5.6M | 1.6% | $25K | 1.9% | |
| 16 | Celtic Bank CorporationSalt Lake City, UT | 66 | $75.9M | 1.4% | $150K | 17.0% | |
| 17 | United Midwest Savings Bank National AssociationDe Graff, OH | 62 | $36.7M | 1.4% | $150K | 15.9% | |
| 18 | Summit BankEugene, OR | 58 | $66.8M | 1.3% | $683K | 4.7% | |
| 19 | Newtek Small Business Finance, Inc.Lake Success, NY | 51 | $22.1M | 1.1% | $300K | 6.8% | |
| 20 | Washington Trust BankSpokane, WA | 47 | $22.1M | 1.0% | $250K | 1.9% | |
| 21 | Enterprise Bank & TrustClayton, MO | 37 | $41.9M | 0.8% | $941K | 1.1% | |
| 22 | BMO Bank National AssociationChicago, IL | 32 | $25.8M | 0.7% | $512K | 2.9% | |
| 23 | Bank of America, National AssociationCharlotte, NC | 32 | $15.5M | 0.7% | $300K | 2.6% | |
| 24 | Harborstone CULakewood, WA | 31 | $25.5M | 0.7% | $500K | 5.2% | |
| 25 | Heritage BankOlympia, WA | 30 | $22.8M | 0.7% | $346K | 3.5% | |
| 26 | Harvest Small Business Finance, LLCLaguna Hills, CA | 29 | $40.3M | 0.6% | $765K | 0.4% | |
| 27 | Lendistry SBLC, LLCLos Angeles, CA | 28 | $3.8M | 0.6% | $150K | 22.7% | |
| 28 | Micro Enterprise Services of Oregon (Pedagogy Institute)Portland, OR | 26 | $2.9M | 0.6% | $100K | — | |
| 29 | Beneficial State BankOakland, CA | 23 | $20.5M | 0.5% | $630K | 4.8% | |
| 30 | Byline BankChicago, IL | 22 | $19.6M | 0.5% | $806K | 9.5% | |
| 31 | Northwest BankBoise, ID | 18 | $14.1M | 0.4% | $517K | 3.9% | |
| 32 | First Bank of the LakeOsage Beach, MO | 17 | $11.2M | 0.4% | $350K | 2.7% | |
| 33 | Citizens BankElizabethton, TN | 16 | $8.1M | 0.3% | $495K | 5.4% | |
| 34 | Peoples Bank of CommerceMedford, OR | 16 | $7.4M | 0.3% | $336K | 1.7% | |
| 35 | Mountain Pacific BankEverett, WA | 15 | $24.6M | 0.3% | $999K | 2.0% | |
| 36 | Marion & Polk Schools CUSalem, OR | 15 | $7.9M | 0.3% | $193K | 5.6% | |
| 37 | VelocitySBA, LLCIrving, TX | 13 | $9.9M | 0.3% | $769K | 19.9% | |
| 38 | Evolve Bank and TrustWest Memphis, AR | 12 | $14.7M | 0.3% | $685K | 4.0% | |
| 39 | PCB BankLos Angeles, CA | 11 | $34.9M | 0.2% | $850K | 3.0% | |
| 40 | Open BankLos Angeles, CA | 11 | $24.9M | 0.2% | $1.1M | 1.3% |
504 certified development companies
| # | Lender | Approvals in OR, FY2021–25 | Dollars | Share | Median approval, all states | FY2016–26 | Charged off, FY2010–21 loans |
|---|---|---|---|---|---|---|---|
| 1 | Evergreen Business CapitalSeattle, WA · 504 CDC | 164 | $161M | 40.2% | $618K | 0.8% | |
| 2 | Northwest Business Development AssociationSpokane Valley, WA · 504 CDC | 78 | $70.6M | 19.1% | $708K | 0.9% | |
| 3 | Cascade Capital FundingSalem, OR · 504 CDC | 78 | $69.7M | 19.1% | $642K | 0.9% | |
| 4 | Mortgage Capital Development CorporationOakland, CA · 504 CDC | 59 | $97.8M | 14.5% | $913K | 0.3% | |
| 5 | C.C.D. Business Development CorporationRoseburg, OR · 504 CDC | 16 | $11.2M | 3.9% | $433K | 0.0% | |
| 6 | Ameritrust CDCEdmonds, WA · 504 CDC | 5 | $9.0M | 1.2% | $743K | 0.3% | |
| 7 | Capital Matrix, Inc.Boise, ID · 504 CDC | 3 | $1.3M | 0.7% | $520K | 0.5% | |
| 8 | Region IV Development CorporationTwin Falls, ID · 504 CDC | 2 | — | 0.5% | $364K | 0.0% | |
| 9 | Superior California Economic Development, Inc.Redding, CA · 504 CDC | 1 | — | 0.2% | $414K | 0.0% | |
| 10 | Eastern Idaho Development CorporationPocatello, ID · 504 CDC | 1 | — | 0.2% | $343K | 1.1% |
Fiscal-year ledger
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 730 | $318M | $100K | 42 | $52.4M | 772 | 5,988 |
| FY2025 | 1,230 | $515M | $100K | 73 | $96.1M | 1,303 | 10,815 |
| FY2024 | 1,054 | $347M | $50K | 49 | $51.3M | 1,103 | 8,424 |
| FY2023 | 763 | $415M | $163K | 52 | $63.2M | 815 | 8,230 |
| FY2022 | 759 | $401M | $125K | 107 | $116M | 866 | 7,061 |
| FY2021 | 786 | $536M | $281K | 127 | $103M | 913 | 7,398 |
| FY2020 | 782 | $365M | $100K | 84 | $81.5M | 866 | 8,063 |
| FY2019 | 897 | $364M | $113K | 63 | $49.7M | 960 | 8,763 |
| FY2018 | 896 | $385M | $125K | 59 | $46.0M | 955 | 9,393 |
| FY2017 | 855 | $417M | $175K | 62 | $56.9M | 917 | 8,390 |
| FY2016 | 895 | $350M | $125K | 58 | $49.1M | 953 | 8,887 |
7(a) approvals504 approvals
Counties
Approvals in FY2021–FY2025 set against the Census Bureau's count of business establishments. Counties with at least 30 approvals have their own page.
| # | County | Approvals | Dollars | Establishments | Per 1,000 establishments | By fiscal year |
|---|---|---|---|---|---|---|
| 1 | Multnomah County | 1,020 | $644M | 27,204 | 37.5 | |
| 2 | Washington County | 663 | $380M | 16,355 | 40.5 | |
| 3 | Clackamas County | 565 | $298M | 12,862 | 43.9 | |
| 4 | Marion County | 414 | $185M | 9,176 | 45.1 | |
| 5 | Lane County | 406 | $186M | 10,151 | 40.0 | |
| 6 | Deschutes County | 344 | $184M | 8,553 | 40.2 | |
| 7 | Jackson County | 273 | $122M | 6,589 | 41.4 | |
| 8 | Lincoln County | 130 | $36.1M | 1,613 | 80.6 | |
| 9 | Yamhill County | 124 | $63.8M | 2,760 | 44.9 | |
| 10 | Linn County | 109 | $68.7M | 2,846 | 38.3 | |
| 11 | Clatsop County | 104 | $56.0M | 1,602 | 64.9 | |
| 12 | Polk County | 87 | $20.0M | 1,587 | 54.8 | |
| 13 | Coos County | 71 | $30.1M | 1,627 | 43.6 | |
| 14 | Douglas County | 69 | $45.1M | 2,659 | 25.9 | |
| 15 | Umatilla County | 64 | $51.5M | 1,616 | 39.6 | |
| 16 | Tillamook County | 62 | $32.8M | 769 | 80.6 | |
| 17 | Josephine County | 61 | $28.5M | 2,110 | 28.9 | |
| 18 | Benton County | 54 | $25.6M | 2,200 | 24.5 | |
| 19 | Columbia County | 52 | $35.6M | 996 | 52.2 | |
| 20 | Hood River County | 51 | $21.1M | 1,068 | 47.8 | |
| 21 | Klamath County | 46 | $22.5M | 1,516 | 30.3 | |
| 22 | Malheur County | 42 | $23.1M | 718 | 58.5 | |
| 23 | Baker County | 37 | $6.2M | 521 | 71.0 | |
| 24 | Curry County | 35 | $28.6M | 706 | 49.6 | |
| 25 | Union County | 30 | $4.3M | 740 | 40.5 | |
| 26 | Wasco County | 24 | $8.6M | 735 | 32.7 | |
| 27 | Jefferson County | 19 | $6.5M | 455 | 41.8 | |
| 28 | Crook County | 18 | $17.8M | 655 | 27.5 | |
| 29 | Harney County | 8 | $2.8M | 214 | 37.4 | |
| 30 | Wallowa County | 6 | $215K | 366 | 16.4 | |
| 31 | Morrow County | 5 | $4.2M | 214 | 23.4 | |
| 32 | Lake County | 4 | $2.4M | 187 | 21.4 | |
| 33 | Sherman County | 2 | — | 63 | 31.7 | |
| 34 | Grant County | 1 | — | 207 | 4.8 |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 363 | $143M | 7.3% | |
| 2 | Residential Building ConstructionNAICS 2361 | 224 | $24.6M | 4.5% | |
| 3 | Offices of Other Health PractitionersNAICS 6213 | 173 | $60.1M | 3.5% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 151 | $73.1M | 3.0% | |
| 5 | Personal Care ServicesNAICS 8121 | 147 | $28.3M | 2.9% | |
| 6 | Building Equipment ContractorsNAICS 2382 | 141 | $89.0M | 2.8% | |
| 7 | Other Specialty Trade ContractorsNAICS 2389 | 137 | $63.5M | 2.7% | |
| 8 | Services to Buildings and DwellingsNAICS 5617 | 127 | $26.9M | 2.5% | |
| 9 | Building Finishing ContractorsNAICS 2383 | 111 | $25.2M | 2.2% | |
| 10 | Other Amusement and Recreation IndustriesNAICS 7139 | 110 | $62.2M | 2.2% | |
| 11 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 103 | $30.6M | 2.1% | |
| 12 | Grocery StoresNAICS 4451 | 101 | $86.4M | 2.0% | |
| 13 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 89 | $29.0M | 1.8% | |
| 14 | Traveler AccommodationNAICS 7211 | 88 | $175M | 1.8% | |
| 15 | General Freight TruckingNAICS 4841 | 87 | $24.7M | 1.7% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 792 | 15.8% | |
| 2 | Retail Trade | 680 | 13.6% | |
| 3 | Accommodation and Food Services | 553 | 11.1% | |
| 4 | Professional, Scientific, and Technical Services | 468 | 9.4% | |
| 5 | Health Care and Social Assistance | 450 | 9.0% | |
| 6 | Manufacturing | 424 | 8.5% | |
| 7 | Other Services (except Public Administration) | 416 | 8.3% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 241 | 4.8% | |
| 9 | Transportation and Warehousing | 204 | 4.1% | |
| 10 | Wholesale Trade | 176 | 3.5% |
Franchise brands
| # | Brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | The UPS Store | 15 | 0.3% | |
| 2 | Ace Hardware | 9 | 0.2% | |
| 3 | Dairy Queen of the Pacific Northwest | 9 | 0.2% | |
| 4 | Chevron | 7 | 0.1% | |
| 5 | Christensen Inc. dba Powell Product Sales Agreement | 7 | 0.1% | |
| 6 | Ed Staubs & Sons Petroleum | 6 | 0.1% | |
| 7 | Motel 6 | 6 | 0.1% | |
| 8 | Best Western | 5 | 0.1% | |
| 9 | Domino's Pizza | 5 | 0.1% | |
| 10 | 911 Restoration | 5 | 0.1% |
How earlier loans turned out
| Loans approved FY2010–FY2021 | OR 7(a) | US 7(a) | OR 504 | US 504 |
|---|---|---|---|---|
| Approvals in these years | 9,418 | 639,905 | 910 | 85,591 |
| Cancelled or never disbursed | 1,129 | 79,313 | 82 | 12,514 |
| Disbursed loans | 8,289 | 560,592 | 828 | 73,077 |
| Paid in full | 6,528 | 435,813 | 372 | 35,491 |
| Charged off | 384 | 36,891 | 5 | 905 |
| Still outstanding (status exempt from disclosure) | 1,377 | 87,888 | 451 | 36,681 |
| Charged off, share of disbursed loans | 4.6% | 6.6% | 0.6% | 1.2% |
| Dollars charged off, share of disbursed dollars | 1.4% | 2.5% | 0.3% | 0.9% |
| Dollars charged off | $46.1M | $5.70bn | $2.1M | $499M |
Approval sizes
- $50,000 or less38.5%1,923
- $50,001 to $150,00013.0%652
- $150,001 to $350,00012.9%645
- $350,001 to $1 million20.0%998
- $1 million to $2 million8.9%445
- Over $2 million6.7%337
Age of the businesses
- Existing, more than 2 years old66.5%3,324
- New business, 2 years or less17.4%872
- Startup, loan funds will open the business7.8%390
- Change of ownership8.2%410
- Not answered0.1%4
Against the country
| FY2021–FY2025 | Oregon | United States |
|---|---|---|
| Approvals per 1,000 establishments | 40.8 | 41.0 |
| Median 7(a) approval | $118K | $190K |
| Median 504 approval | $667K | $657K |
| 504 share of approvals | 8.2% | 11.0% |
| Jobs supported per approval, as reported | 8.4 | 10.5 |
| Approvals, change on FY2016–FY2020 | 8% | 10% |
Questions and answers
Which lenders make the most SBA loans in Oregon?
By 7(a) approvals in FY2021 to FY2025: Columbia Bank (1,021), U.S. Bank, National Association (666), KeyBank National Association (239), Banner Bank (225), Wells Fargo Bank National Association (191). For 504 loans: Evergreen Business Capital (164), Northwest Business Development Association (78), Cascade Capital Funding (78). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Oregon?
The median 7(a) approval was $118K and the median 504 approval $667K; the average across both programs was $529K.
Which industries get the most SBA loans in Oregon?
Restaurants and Other Eating Places (363); Residential Building Construction (224); Offices of Other Health Practitioners (173); Automotive Repair and Maintenance (151); Personal Care Services (147).
Which Oregon counties receive the most SBA loans?
Multnomah County (1,020), Washington County (663), Clackamas County (565), Marion County (414), Lane County (406), by approvals in FY2021 to FY2025.
Is SBA lending in Oregon rising?
Approvals in the three latest complete fiscal years total 3,221, against 2,645 in the three before: rising (+22%).
What share of SBA loans in Oregon are charged off?
Of 7(a) loans approved in FY2010 to FY2021 and disbursed, 4.6% are recorded as charged off (national: 6.6%); for 504 loans the figure is 0.6% (national: 1.2%). Newer loans are left out because most have not had time to reach either outcome.
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