FY20241 Oct 2023 – 30 Sep 2024
SBA loans in Oregon, FY2024
That fiscal year's approvals by lender and by county.
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.
In FY2024 (1 October 2023 to 30 September 2024) SBA approved 1,103 loans in Oregon: 1,054 under 7(a) and 49 under 504, worth $398M.
That is up 35% on FY2023, when there were 815 approvals worth $478M.
Oregon accounted for 1.4% of the 76,235 approvals nationwide that year. 87 lenders had at least one approval in the state; Columbia Bank had the most, 254.
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.
Approvals by lender
The 40 lenders with the most approvals to Oregon businesses in FY2024, of 87 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2023 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Columbia Bank | 7(a) | 254 | $15.2M | 23.0% | 147 | +107 |
| 2 | U.S. Bank, National Association | 7(a) | 165 | $22.1M | 15.0% | 104 | +61 |
| 3 | Banner Bank | 7(a) | 64 | $9.9M | 5.8% | 35 | +29 |
| 4 | Readycap Lending, LLC | 7(a) | 55 | $33.6M | 5.0% | 14 | +41 |
| 5 | Wells Fargo Bank National Association | 7(a) | 44 | $15.2M | 4.0% | 42 | +2 |
| 6 | The Huntington National Bank | 7(a) | 41 | $11.9M | 3.7% | 47 | -6 |
| 7 | KeyBank National Association | 7(a) | 41 | $9.8M | 3.7% | 51 | -10 |
| 8 | Newtek Bank, National Association | 7(a) | 37 | $16.0M | 3.4% | 11 | +26 |
| 9 | BayFirst National Bank | 7(a) | 35 | $5.6M | 3.2% | 21 | +14 |
| 10 | Northeast Bank | 7(a) | 32 | $3.1M | 2.9% | 5 | +27 |
| 11 | JPMorgan Chase Bank, National Association | 7(a) | 30 | $9.6M | 2.7% | 24 | +6 |
| 12 | Live Oak Banking Company | 7(a) | 21 | $20.2M | 1.9% | 26 | -5 |
| 13 | Mortgage Capital Development Corporation | 504 | 18 | $22.9M | 1.6% | 10 | +8 |
| 14 | Celtic Bank Corporation | 7(a) | 16 | $15.3M | 1.5% | 7 | +9 |
| 15 | Cascade Capital Funding | 504 | 14 | $9.4M | 1.3% | 10 | +4 |
| 16 | Washington Trust Bank | 7(a) | 14 | $6.7M | 1.3% | 10 | +4 |
| 17 | Evergreen Business Capital | 504 | 12 | $14.8M | 1.1% | 16 | -4 |
| 18 | First Interstate Bank | 7(a) | 12 | $4.5M | 1.1% | 14 | -2 |
| 19 | 1st Security Bank of Washington | 7(a) | 12 | $1.1M | 1.1% | 7 | +5 |
| 20 | Banc of California | 7(a) | 11 | $19.0M | 1.0% | 15 | -4 |
| 21 | Lendistry SBLC, LLC | 7(a) | 11 | $1.6M | 1.0% | 0 | new |
| 22 | Harvest Small Business Finance, LLC | 7(a) | 10 | $11.4M | 0.9% | 7 | +3 |
| 23 | United Midwest Savings Bank National Association | 7(a) | 10 | $3.4M | 0.9% | 7 | +3 |
| 24 | Bank of America, National Association | 7(a) | 8 | $3.3M | 0.7% | 10 | -2 |
| 25 | First Bank of the Lake | 7(a) | 7 | $6.8M | 0.6% | 2 | +5 |
| 26 | Summit Bank | 7(a) | 6 | $3.2M | 0.5% | 22 | -16 |
| 27 | Heritage Bank | 7(a) | 6 | $2.7M | 0.5% | 4 | +2 |
| 28 | Micro Enterprise Services of Oregon (Pedagogy Institute) | 7(a) | 6 | $869K | 0.5% | 5 | +1 |
| 29 | Northwest Bank | 7(a) | 5 | $4.1M | 0.5% | 3 | +2 |
| 30 | Gesa CU | 7(a) | 4 | $4.8M | 0.4% | 1 | +3 |
| 31 | Pathward National Association | 7(a) | 4 | $4.5M | 0.4% | 1 | +3 |
| 32 | Mountain Pacific Bank | 7(a) | 4 | $2.7M | 0.4% | 4 | 0 |
| 33 | First Internet Bank of Indiana | 7(a) | 4 | $2.3M | 0.4% | 2 | +2 |
| 34 | Peoples Bank of Commerce | 7(a) | 4 | $1.6M | 0.4% | 2 | +2 |
| 35 | Stearns Bank National Association | 7(a) | 4 | $1.5M | 0.4% | 1 | +3 |
| 36 | Colony Bank | 7(a) | 4 | $600K | 0.4% | 0 | new |
| 37 | Open Bank | 7(a) | 3 | $9.8M | 0.3% | 4 | -1 |
| 38 | Enterprise Bank & Trust | 7(a) | 3 | $4.6M | 0.3% | 5 | -2 |
| 39 | Harborstone CU | 7(a) | 3 | $3.8M | 0.3% | 4 | -1 |
| 40 | Northwest Business Development Association | 504 | 3 | $2.3M | 0.3% | 12 | -9 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2023 | Change |
|---|---|---|---|---|---|---|
| 1 | Multnomah County | 209 | $94.5M | 18.9% | 176 | +33 |
| 2 | Washington County | 157 | $66.0M | 14.2% | 112 | +45 |
| 3 | Clackamas County | 121 | $49.9M | 11.0% | 126 | -5 |
| 4 | Marion County | 98 | $20.2M | 8.9% | 63 | +35 |
| 5 | Lane County | 83 | $26.5M | 7.5% | 63 | +20 |
| 6 | Deschutes County | 80 | $36.2M | 7.3% | 45 | +35 |
| 7 | Jackson County | 72 | $19.8M | 6.5% | 32 | +40 |
| 8 | Yamhill County | 28 | $8.9M | 2.5% | 16 | +12 |
| 9 | Clatsop County | 25 | $12.9M | 2.3% | 14 | +11 |
| 10 | Douglas County | 23 | $9.4M | 2.1% | 7 | +16 |
| 11 | Linn County | 22 | $13.7M | 2.0% | 26 | -4 |
| 12 | Lincoln County | 22 | $3.2M | 2.0% | 23 | -1 |
| 13 | Polk County | 22 | $1.5M | 2.0% | 11 | +11 |
| 14 | Coos County | 21 | $4.5M | 1.9% | 15 | +6 |
| 15 | Klamath County | 14 | $6.9M | 1.3% | 2 | +12 |
| 16 | Tillamook County | 12 | $1.2M | 1.1% | 7 | +5 |
| 17 | Hood River County | 12 | $3.4M | 1.1% | 7 | +5 |
| 18 | Benton County | 11 | $2.9M | 1.0% | 7 | +4 |
| 19 | Umatilla County | 10 | $5.1M | 0.9% | 13 | -3 |
| 20 | Curry County | 9 | $2.4M | 0.8% | 5 | +4 |
| 21 | Baker County | 9 | $2.3M | 0.8% | 2 | +7 |
| 22 | Josephine County | 9 | $1.8M | 0.8% | 9 | 0 |
| 23 | Columbia County | 8 | $655K | 0.7% | 11 | -3 |
| 24 | Malheur County | 8 | $1.7M | 0.7% | 6 | +2 |
| 25 | Wasco County | 6 | $195K | 0.5% | 7 | -1 |
| 26 | Union County | 3 | $145K | 0.3% | 3 | 0 |
| 27 | Harney County | 2 | — | 0.2% | 0 | new |
| 28 | Lake County | 2 | — | 0.2% | 0 | new |
| 29 | Crook County | 2 | — | 0.2% | 5 | -3 |
| 30 | Jefferson County | 1 | — | 0.1% | 1 | 0 |
| 31 | Wallowa County | 1 | — | 0.1% | 0 | new |
| 32 | Morrow County | 1 | — | 0.1% | 0 | new |
FY2024 against FY2023
| Oregon | FY2024 | FY2023 |
|---|---|---|
| 7(a) approvals | 1,054 | 763 |
| 7(a) dollars | $347M | $415M |
| Median 7(a) approval | $50K | $163K |
| 504 approvals | 49 | 52 |
| 504 dollars | $51.3M | $63.2M |
| Jobs supported, as reported | 8,424 | 8,230 |
Questions and answers
Which lenders made the most SBA loans in Oregon in FY2024?
Columbia Bank (254), U.S. Bank, National Association (165), Banner Bank (64), Readycap Lending, LLC (55), Wells Fargo Bank National Association (44). 87 lenders had at least one approval.
How many SBA loans were approved in Oregon in FY2024?
1,103: 1,054 under 7(a) worth $347M and 49 under 504 worth $51.3M.
Which Oregon counties had the most SBA approvals in FY2024?
Multnomah County (209), Washington County (157), Clackamas County (121), Marion County (98), Lane County (83).
When does FY2024 start and end?
The federal fiscal year 2024 runs from 1 October 2023 to 30 September 2024.
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