States › Washington › FY2019
FY20191 Oct 2018 – 30 Sep 2019
SBA loans in Washington, FY2019
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 FY2019 (1 October 2018 to 30 September 2019) SBA approved 1,643 loans in Washington: 1,511 under 7(a) and 132 under 504, worth $942M.
That is about level with FY2018, when there were 1,711 approvals worth $897M.
Washington accounted for 2.8% of the 58,006 approvals nationwide that year. 102 lenders had at least one approval in the state; U.S. Bank, National Association had the most, 210.
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 FY2019, of 102 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association | 7(a) | 210 | $51.4M | 12.8% | 189 | +21 |
| 2 | Columbia Bank | 7(a) | 186 | $74.5M | 11.3% | 124 | +62 |
| 3 | Banner Bank | 7(a) | 150 | $38.0M | 9.1% | 154 | -4 |
| 4 | KeyBank National Association | 7(a) | 101 | $50.5M | 6.1% | 125 | -24 |
| 5 | Washington Trust Bank | 7(a) | 59 | $15.9M | 3.6% | 41 | +18 |
| 6 | Evergreen Business Capital | 504 | 58 | $59.8M | 3.5% | 58 | 0 |
| 7 | Wells Fargo Bank National Association | 7(a) | 57 | $25.0M | 3.5% | 105 | -48 |
| 8 | Heritage Bank | 7(a) | 45 | $34.7M | 2.7% | 58 | -13 |
| 9 | JPMorgan Chase Bank, National Association | 7(a) | 43 | $15.3M | 2.6% | 69 | -26 |
| 10 | Northwest Business Development Association | 504 | 42 | $45.3M | 2.6% | 48 | -6 |
| 11 | Northwest Bank | 7(a) | 39 | $31.3M | 2.4% | 20 | +19 |
| 12 | Live Oak Banking Company | 7(a) | 33 | $46.7M | 2.0% | 25 | +8 |
| 13 | Ameritrust CDC | 504 | 32 | $40.4M | 1.9% | 31 | +1 |
| 14 | BayFirst National Bank | 7(a) | 30 | $4.5M | 1.8% | 27 | +3 |
| 15 | Enterprise Bank & Trust | 7(a) | 27 | $25.2M | 1.6% | 22 | +5 |
| 16 | Harborstone CU | 7(a) | 25 | $13.4M | 1.5% | 35 | -10 |
| 17 | Bank of Hope | 7(a) | 24 | $24.2M | 1.5% | 22 | +2 |
| 18 | GBC International Bank | 7(a) | 22 | $10.7M | 1.3% | 10 | +12 |
| 19 | Hanmi Bank | 7(a) | 21 | $12.4M | 1.3% | 15 | +6 |
| 20 | Commonwealth Business Bank | 7(a) | 20 | $20.4M | 1.2% | 17 | +3 |
| 21 | Readycap Lending, LLC | 7(a) | 19 | $25.4M | 1.2% | 11 | +8 |
| 22 | Stearns Bank National Association | 7(a) | 19 | $8.7M | 1.2% | 16 | +3 |
| 23 | Numerica CU | 7(a) | 19 | $5.7M | 1.2% | 20 | -1 |
| 24 | UniBank | 7(a) | 14 | $20.5M | 0.9% | 25 | -11 |
| 25 | Celtic Bank Corporation | 7(a) | 14 | $9.8M | 0.9% | 23 | -9 |
| 26 | Sound Credit Union | 7(a) | 14 | $8.5M | 0.9% | 21 | -7 |
| 27 | PCB Bank | 7(a) | 13 | $28.0M | 0.8% | 20 | -7 |
| 28 | Open Bank | 7(a) | 13 | $15.6M | 0.8% | 19 | -6 |
| 29 | Northeast Bank | 7(a) | 13 | $2.1M | 0.8% | 12 | +1 |
| 30 | Mechanics Bank | 7(a) | 12 | $8.5M | 0.7% | 28 | -16 |
| 31 | Coastal Community Bank | 7(a) | 12 | $7.3M | 0.7% | 10 | +2 |
| 32 | Timberland Bank | 7(a) | 12 | $2.0M | 0.7% | 18 | -6 |
| 33 | United Midwest Savings Bank National Association | 7(a) | 11 | $2.3M | 0.7% | 10 | +1 |
| 34 | Mountain Pacific Bank | 7(a) | 10 | $12.5M | 0.6% | 24 | -14 |
| 35 | Newtek Small Business Finance, Inc. | 7(a) | 9 | $3.8M | 0.5% | 17 | -8 |
| 36 | Glacier Bank | 7(a) | 9 | $3.4M | 0.5% | 25 | -16 |
| 37 | Five Star Bank | 7(a) | 9 | $2.0M | 0.5% | 6 | +3 |
| 38 | Whatcom Educational CU | 7(a) | 8 | $4.0M | 0.5% | 15 | -7 |
| 39 | Metro City Bank | 7(a) | 7 | $10.6M | 0.4% | 3 | +4 |
| 40 | First-Citizens Bank & Trust Company | 7(a) | 7 | $8.7M | 0.4% | 8 | -1 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|
| 1 | King County | 503 | $275M | 30.6% | 542 | -39 |
| 2 | Pierce County | 218 | $119M | 13.3% | 221 | -3 |
| 3 | Snohomish County | 181 | $115M | 11.0% | 183 | -2 |
| 4 | Spokane County | 133 | $54.4M | 8.1% | 130 | +3 |
| 5 | Clark County | 99 | $49.9M | 6.0% | 114 | -15 |
| 6 | Thurston County | 78 | $47.1M | 4.7% | 48 | +30 |
| 7 | Whatcom County | 60 | $47.5M | 3.7% | 70 | -10 |
| 8 | Benton County | 39 | $21.4M | 2.4% | 50 | -11 |
| 9 | Skagit County | 38 | $23.0M | 2.3% | 37 | +1 |
| 10 | Yakima County | 38 | $16.5M | 2.3% | 51 | -13 |
| 11 | Kitsap County | 35 | $34.9M | 2.1% | 47 | -12 |
| 12 | Island County | 27 | $23.0M | 1.6% | 20 | +7 |
| 13 | Grant County | 24 | $11.8M | 1.5% | 25 | -1 |
| 14 | Cowlitz County | 17 | $15.5M | 1.0% | 9 | +8 |
| 15 | Chelan County | 15 | $9.4M | 0.9% | 19 | -4 |
| 16 | Stevens County | 15 | $8.5M | 0.9% | 14 | +1 |
| 17 | Franklin County | 15 | $2.8M | 0.9% | 8 | +7 |
| 18 | Mason County | 14 | $8.0M | 0.9% | 7 | +7 |
| 19 | Walla Walla County | 10 | $7.0M | 0.6% | 10 | 0 |
| 20 | Grays Harbor County | 9 | $12.5M | 0.5% | 19 | -10 |
| 21 | Clallam County | 9 | $6.7M | 0.5% | 15 | -6 |
| 22 | Whitman County | 9 | $2.9M | 0.5% | 8 | +1 |
| 23 | Lewis County | 9 | $4.1M | 0.5% | 14 | -5 |
| 24 | Kittitas County | 8 | $4.5M | 0.5% | 6 | +2 |
| 25 | Douglas County | 7 | $2.4M | 0.4% | 7 | 0 |
| 26 | Pacific County | 5 | $4.1M | 0.3% | 0 | new |
| 27 | Okanogan County | 5 | $2.4M | 0.3% | 5 | 0 |
| 28 | Pend Oreille County | 4 | $312K | 0.2% | 3 | +1 |
| 29 | Klickitat County | 4 | $1.6M | 0.2% | 5 | -1 |
| 30 | Adams County | 4 | $205K | 0.2% | 4 | 0 |
| 31 | San Juan County | 3 | $3.0M | 0.2% | 4 | -1 |
| 32 | Asotin County | 3 | $665K | 0.2% | 1 | +2 |
| 33 | Ferry County | 3 | $3.4M | 0.2% | 3 | 0 |
| 34 | Skamania County | 2 | — | 0.1% | 1 | +1 |
FY2019 against FY2018
| Washington | FY2019 | FY2018 |
|---|---|---|
| 7(a) approvals | 1,511 | 1,574 |
| 7(a) dollars | $796M | $784M |
| Median 7(a) approval | $230K | $200K |
| 504 approvals | 132 | 137 |
| 504 dollars | $146M | $113M |
| Jobs supported, as reported | 16,614 | 17,393 |
Questions and answers
Which lenders made the most SBA loans in Washington in FY2019?
U.S. Bank, National Association (210), Columbia Bank (186), Banner Bank (150), KeyBank National Association (101), Washington Trust Bank (59). 102 lenders had at least one approval.
How many SBA loans were approved in Washington in FY2019?
1,643: 1,511 under 7(a) worth $796M and 132 under 504 worth $146M.
Which Washington counties had the most SBA approvals in FY2019?
King County (503), Pierce County (218), Snohomish County (181), Spokane County (133), Clark County (99).
When does FY2019 start and end?
The federal fiscal year 2019 runs from 1 October 2018 to 30 September 2019.
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