States › Washington › FY2016
FY20161 Oct 2015 – 30 Sep 2016
SBA loans in Washington, FY2016
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 FY2016 (1 October 2015 to 30 September 2016) SBA approved 1,833 loans in Washington: 1,698 under 7(a) and 135 under 504, worth $865M.
That is about level with FY2015, when there were 1,757 approvals worth $816M.
Washington accounted for 2.6% of the 70,012 approvals nationwide that year. 92 lenders had at least one approval in the state; U.S. Bank, National Association had the most, 287.
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 Washington businesses in FY2016, of 92 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2015 | Change |
|---|---|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association | 7(a) | 287 | $78.4M | 15.7% | 296 | -9 |
| 2 | Wells Fargo Bank National Association | 7(a) | 221 | $44.3M | 12.1% | 156 | +65 |
| 3 | Banner Bank | 7(a) | 168 | $26.1M | 9.2% | 189 | -21 |
| 4 | KeyBank National Association | 7(a) | 109 | $48.6M | 5.9% | 73 | +36 |
| 5 | Heritage Bank | 7(a) | 74 | $27.7M | 4.0% | 67 | +7 |
| 6 | Washington Trust Bank | 7(a) | 59 | $15.0M | 3.2% | 52 | +7 |
| 7 | JPMorgan Chase Bank, National Association | 7(a) | 58 | $16.4M | 3.2% | 71 | -13 |
| 8 | Columbia Bank | 7(a) | 56 | $32.7M | 3.1% | 64 | -8 |
| 9 | Northwest Business Development Association | 504 | 54 | $50.9M | 2.9% | 44 | +10 |
| 10 | Evergreen Business Capital | 504 | 52 | $55.2M | 2.8% | 58 | -6 |
| 11 | First Interstate Bank | 7(a) | 45 | $23.6M | 2.5% | 18 | +27 |
| 12 | Bank of Hope | 7(a) | 37 | $39.6M | 2.0% | 37 | 0 |
| 13 | Coastal Community Bank | 7(a) | 37 | $11.1M | 2.0% | 52 | -15 |
| 14 | Glacier Bank | 7(a) | 33 | $5.9M | 1.8% | 33 | 0 |
| 15 | UniBank | 7(a) | 32 | $40.1M | 1.7% | 40 | -8 |
| 16 | Ameritrust CDC | 504 | 28 | $22.6M | 1.5% | 31 | -3 |
| 17 | Banc of California | 7(a) | 27 | $35.7M | 1.5% | 33 | -6 |
| 18 | PCB Bank | 7(a) | 27 | $26.8M | 1.5% | 17 | +10 |
| 19 | Harborstone CU | 7(a) | 25 | $7.6M | 1.4% | 34 | -9 |
| 20 | Live Oak Banking Company | 7(a) | 24 | $26.8M | 1.3% | 17 | +7 |
| 21 | Mechanics Bank | 7(a) | 23 | $6.6M | 1.3% | 17 | +6 |
| 22 | Bank of the Pacific | 7(a) | 21 | $5.6M | 1.1% | 25 | -4 |
| 23 | Sound Credit Union | 7(a) | 21 | $3.1M | 1.1% | 11 | +10 |
| 24 | Stearns Bank National Association | 7(a) | 20 | $4.7M | 1.1% | 7 | +13 |
| 25 | Open Bank | 7(a) | 19 | $31.4M | 1.0% | 10 | +9 |
| 26 | Enterprise Bank & Trust | 7(a) | 17 | $13.4M | 0.9% | 20 | -3 |
| 27 | Celtic Bank Corporation | 7(a) | 17 | $4.4M | 0.9% | 29 | -12 |
| 28 | Royal Business Bank | 7(a) | 15 | $25.4M | 0.8% | 8 | +7 |
| 29 | Numerica CU | 7(a) | 15 | $6.6M | 0.8% | 5 | +10 |
| 30 | United Business Bank | 7(a) | 13 | $18.6M | 0.7% | 11 | +2 |
| 31 | Hana Small Business Lending, Inc. | 7(a) | 12 | $9.3M | 0.7% | 23 | -11 |
| 32 | BMO Bank National Association | 7(a) | 12 | $7.7M | 0.7% | 8 | +4 |
| 33 | Northwest Bank | 7(a) | 11 | $6.2M | 0.6% | 24 | -13 |
| 34 | BayFirst National Bank | 7(a) | 11 | $1.9M | 0.6% | 1 | +10 |
| 35 | Timberland Bank | 7(a) | 9 | $2.5M | 0.5% | 5 | +4 |
| 36 | Newtek Small Business Finance, Inc. | 7(a) | 9 | $2.4M | 0.5% | 3 | +6 |
| 37 | Craft3 | 7(a) | 9 | $1.6M | 0.5% | 6 | +3 |
| 38 | Peoples Bank | 7(a) | 9 | $1.4M | 0.5% | 17 | -8 |
| 39 | HAPO Community CU | 7(a) | 9 | $994K | 0.5% | 18 | -9 |
| 40 | Whatcom Educational CU | 7(a) | 8 | $1.2M | 0.4% | 2 | +6 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2015 | Change |
|---|---|---|---|---|---|---|
| 1 | King County | 651 | $302M | 35.5% | 653 | -2 |
| 2 | Snohomish County | 199 | $96.0M | 10.9% | 199 | 0 |
| 3 | Pierce County | 187 | $102M | 10.2% | 183 | +4 |
| 4 | Spokane County | 177 | $56.5M | 9.7% | 158 | +19 |
| 5 | Clark County | 106 | $59.9M | 5.8% | 95 | +11 |
| 6 | Whatcom County | 78 | $40.7M | 4.3% | 74 | +4 |
| 7 | Kitsap County | 60 | $17.8M | 3.3% | 37 | +23 |
| 8 | Thurston County | 51 | $30.6M | 2.8% | 47 | +4 |
| 9 | Yakima County | 49 | $16.4M | 2.7% | 28 | +21 |
| 10 | Benton County | 41 | $20.7M | 2.2% | 60 | -19 |
| 11 | Skagit County | 35 | $14.2M | 1.9% | 32 | +3 |
| 12 | Island County | 21 | $7.0M | 1.1% | 15 | +6 |
| 13 | Grant County | 16 | $3.4M | 0.9% | 21 | -5 |
| 14 | Grays Harbor County | 15 | $21.8M | 0.8% | 9 | +6 |
| 15 | Clallam County | 15 | $6.2M | 0.8% | 15 | 0 |
| 16 | Lewis County | 15 | $10.8M | 0.8% | 6 | +9 |
| 17 | Walla Walla County | 14 | $3.7M | 0.8% | 11 | +3 |
| 18 | Chelan County | 14 | $4.1M | 0.8% | 12 | +2 |
| 19 | Franklin County | 14 | $6.2M | 0.8% | 17 | -3 |
| 20 | Cowlitz County | 11 | $10.2M | 0.6% | 13 | -2 |
| 21 | Mason County | 10 | $6.1M | 0.5% | 11 | -1 |
| 22 | San Juan County | 9 | $3.1M | 0.5% | 8 | +1 |
| 23 | Whitman County | 7 | $579K | 0.4% | 9 | -2 |
| 24 | Stevens County | 6 | $905K | 0.3% | 2 | +4 |
| 25 | Okanogan County | 6 | $1.8M | 0.3% | 6 | 0 |
| 26 | Jefferson County | 4 | $10.0M | 0.2% | 12 | -8 |
| 27 | Pacific County | 3 | $1.4M | 0.2% | 2 | +1 |
| 28 | Klickitat County | 3 | $179K | 0.2% | 5 | -2 |
| 29 | Kittitas County | 3 | $5.5M | 0.2% | 2 | +1 |
| 30 | Douglas County | 3 | $646K | 0.2% | 8 | -5 |
| 31 | Lincoln County | 3 | $100K | 0.2% | 1 | +2 |
| 32 | Skamania County | 2 | — | 0.1% | 0 | new |
| 33 | Columbia County | 2 | — | 0.1% | 0 | new |
| 34 | Pend Oreille County | 1 | — | 0.1% | 1 | 0 |
| 35 | Asotin County | 1 | — | 0.1% | 2 | -1 |
| 36 | Adams County | 1 | — | 0.1% | 3 | -2 |
FY2016 against FY2015
| Washington | FY2016 | FY2015 |
|---|---|---|
| 7(a) approvals | 1,698 | 1,624 |
| 7(a) dollars | $734M | $705M |
| Median 7(a) approval | $150K | $150K |
| 504 approvals | 135 | 133 |
| 504 dollars | $130M | $111M |
| Jobs supported, as reported | 16,671 | 17,229 |
Questions and answers
Which lenders made the most SBA loans in Washington in FY2016?
U.S. Bank, National Association (287), Wells Fargo Bank National Association (221), Banner Bank (168), KeyBank National Association (109), Heritage Bank (74). 92 lenders had at least one approval.
How many SBA loans were approved in Washington in FY2016?
1,833: 1,698 under 7(a) worth $734M and 135 under 504 worth $130M.
Which Washington counties had the most SBA approvals in FY2016?
King County (651), Snohomish County (199), Pierce County (187), Spokane County (177), Clark County (106).
When does FY2016 start and end?
The federal fiscal year 2016 runs from 1 October 2015 to 30 September 2016.
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