States › Washington › FY2022
FY20221 Oct 2021 – 30 Sep 2022
SBA loans in Washington, FY2022
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 FY2022 (1 October 2021 to 30 September 2022) SBA approved 1,424 loans in Washington: 1,252 under 7(a) and 172 under 504, worth $983M.
That is down 14% on FY2021, when there were 1,660 approvals worth $1.29bn.
Washington accounted for 2.5% of the 56,932 approvals nationwide that year. 115 lenders had at least one approval in the state; Columbia Bank had the most, 201.
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 FY2022, of 115 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2021 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Columbia Bank | 7(a) | 201 | $84.7M | 14.1% | 230 | -29 |
| 2 | KeyBank National Association | 7(a) | 110 | $59.8M | 7.7% | 140 | -30 |
| 3 | U.S. Bank, National Association | 7(a) | 107 | $26.2M | 7.5% | 106 | +1 |
| 4 | Banner Bank | 7(a) | 87 | $21.7M | 6.1% | 139 | -52 |
| 5 | Northwest Business Development Association | 504 | 76 | $81.9M | 5.3% | 84 | -8 |
| 6 | Evergreen Business Capital | 504 | 66 | $65.4M | 4.6% | 76 | -10 |
| 7 | Wells Fargo Bank National Association | 7(a) | 44 | $11.0M | 3.1% | 42 | +2 |
| 8 | Live Oak Banking Company | 7(a) | 33 | $69.3M | 2.3% | 27 | +6 |
| 9 | Newtek Small Business Finance, Inc. | 7(a) | 33 | $12.3M | 2.3% | 27 | +6 |
| 10 | Readycap Lending, LLC | 7(a) | 32 | $33.4M | 2.2% | 34 | -2 |
| 11 | The Huntington National Bank | 7(a) | 30 | $13.7M | 2.1% | 8 | +22 |
| 12 | Bank of America, National Association | 7(a) | 27 | $8.7M | 1.9% | 15 | +12 |
| 13 | Heritage Bank | 7(a) | 26 | $20.3M | 1.8% | 47 | -21 |
| 14 | Ameritrust CDC | 504 | 25 | $19.5M | 1.8% | 36 | -11 |
| 15 | Enterprise Bank & Trust | 7(a) | 24 | $26.8M | 1.7% | 23 | +1 |
| 16 | Sound Credit Union | 7(a) | 24 | $4.0M | 1.7% | 13 | +11 |
| 17 | Numerica CU | 7(a) | 23 | $9.8M | 1.6% | 24 | -1 |
| 18 | Washington Trust Bank | 7(a) | 23 | $7.5M | 1.6% | 30 | -7 |
| 19 | Harborstone CU | 7(a) | 21 | $24.3M | 1.5% | 24 | -3 |
| 20 | Timberland Bank | 7(a) | 20 | $11.6M | 1.4% | 16 | +4 |
| 21 | JPMorgan Chase Bank, National Association | 7(a) | 20 | $6.4M | 1.4% | 4 | +16 |
| 22 | Hanmi Bank | 7(a) | 19 | $19.2M | 1.3% | 24 | -5 |
| 23 | Celtic Bank Corporation | 7(a) | 18 | $23.1M | 1.3% | 20 | -2 |
| 24 | BayFirst National Bank | 7(a) | 17 | $3.0M | 1.2% | 8 | +9 |
| 25 | Commonwealth Business Bank | 7(a) | 16 | $15.5M | 1.1% | 20 | -4 |
| 26 | HAPO Community CU | 7(a) | 15 | $2.2M | 1.1% | 3 | +12 |
| 27 | Glacier Bank | 7(a) | 14 | $8.3M | 1.0% | 16 | -2 |
| 28 | Bank of Hope | 7(a) | 13 | $29.2M | 0.9% | 15 | -2 |
| 29 | UniBank | 7(a) | 13 | $8.7M | 0.9% | 23 | -10 |
| 30 | BMO Bank National Association | 7(a) | 11 | $13.6M | 0.8% | 11 | 0 |
| 31 | GBC International Bank | 7(a) | 11 | $3.4M | 0.8% | 33 | -22 |
| 32 | First Fed Bank | 7(a) | 9 | $15.9M | 0.6% | 8 | +1 |
| 33 | Mountain Pacific Bank | 7(a) | 9 | $13.5M | 0.6% | 19 | -10 |
| 34 | Mechanics Bank | 7(a) | 9 | $9.4M | 0.6% | 7 | +2 |
| 35 | First Interstate Bank | 7(a) | 9 | $6.8M | 0.6% | 10 | -1 |
| 36 | New Millennium Bank | 7(a) | 8 | $6.5M | 0.6% | 2 | +6 |
| 37 | United Midwest Savings Bank National Association | 7(a) | 8 | $2.1M | 0.6% | 17 | -9 |
| 38 | 1st Security Bank of Washington | 7(a) | 8 | $1.5M | 0.6% | 7 | +1 |
| 39 | PCB Bank | 7(a) | 7 | $15.9M | 0.5% | 14 | -7 |
| 40 | Idaho Central CU | 7(a) | 7 | $3.4M | 0.5% | 3 | +4 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2021 | Change |
|---|---|---|---|---|---|---|
| 1 | King County | 445 | $322M | 31.3% | 465 | -20 |
| 2 | Pierce County | 188 | $103M | 13.2% | 270 | -82 |
| 3 | Snohomish County | 154 | $114M | 10.8% | 184 | -30 |
| 4 | Clark County | 97 | $74.4M | 6.8% | 96 | +1 |
| 5 | Spokane County | 94 | $54.1M | 6.6% | 115 | -21 |
| 6 | Thurston County | 52 | $47.1M | 3.7% | 66 | -14 |
| 7 | Benton County | 50 | $23.7M | 3.5% | 32 | +18 |
| 8 | Whatcom County | 48 | $40.2M | 3.4% | 54 | -6 |
| 9 | Yakima County | 42 | $30.8M | 2.9% | 57 | -15 |
| 10 | Kitsap County | 41 | $20.4M | 2.9% | 46 | -5 |
| 11 | Skagit County | 40 | $25.6M | 2.8% | 25 | +15 |
| 12 | Grant County | 15 | $5.2M | 1.1% | 24 | -9 |
| 13 | Cowlitz County | 14 | $20.8M | 1.0% | 14 | 0 |
| 14 | Stevens County | 12 | $2.7M | 0.8% | 13 | -1 |
| 15 | Walla Walla County | 11 | $6.0M | 0.8% | 10 | +1 |
| 16 | Chelan County | 11 | $10.5M | 0.8% | 20 | -9 |
| 17 | Clallam County | 11 | $11.2M | 0.8% | 11 | 0 |
| 18 | Whitman County | 11 | $7.1M | 0.8% | 8 | +3 |
| 19 | Grays Harbor County | 9 | $13.2M | 0.6% | 15 | -6 |
| 20 | Kittitas County | 9 | $19.0M | 0.6% | 6 | +3 |
| 21 | Island County | 7 | $5.8M | 0.5% | 11 | -4 |
| 22 | Franklin County | 6 | $1.6M | 0.4% | 27 | -21 |
| 23 | Mason County | 6 | $1.9M | 0.4% | 10 | -4 |
| 24 | Lewis County | 6 | $6.3M | 0.4% | 18 | -12 |
| 25 | Jefferson County | 6 | $3.8M | 0.4% | 2 | +4 |
| 26 | Okanogan County | 6 | $1.9M | 0.4% | 5 | +1 |
| 27 | Lincoln County | 6 | $2.6M | 0.4% | 1 | +5 |
| 28 | Pend Oreille County | 5 | $866K | 0.4% | 5 | 0 |
| 29 | Douglas County | 5 | $1.5M | 0.4% | 8 | -3 |
| 30 | San Juan County | 4 | $2.1M | 0.3% | 7 | -3 |
| 31 | Columbia County | 3 | $1.8M | 0.2% | 0 | new |
| 32 | Pacific County | 3 | $892K | 0.2% | 3 | 0 |
| 33 | Klickitat County | 3 | $60K | 0.2% | 13 | -10 |
| 34 | Asotin County | 2 | — | 0.1% | 4 | -2 |
| 35 | Skamania County | 1 | — | 0.1% | 1 | 0 |
| 36 | Adams County | 1 | — | 0.1% | 11 | -10 |
FY2022 against FY2021
| Washington | FY2022 | FY2021 |
|---|---|---|
| 7(a) approvals | 1,252 | 1,460 |
| 7(a) dollars | $807M | $1.10bn |
| Median 7(a) approval | $250K | $345K |
| 504 approvals | 172 | 200 |
| 504 dollars | $176M | $192M |
| Jobs supported, as reported | 14,562 | 16,541 |
Questions and answers
Which lenders made the most SBA loans in Washington in FY2022?
Columbia Bank (201), KeyBank National Association (110), U.S. Bank, National Association (107), Banner Bank (87), Northwest Business Development Association (76). 115 lenders had at least one approval.
How many SBA loans were approved in Washington in FY2022?
1,424: 1,252 under 7(a) worth $807M and 172 under 504 worth $176M.
Which Washington counties had the most SBA approvals in FY2022?
King County (445), Pierce County (188), Snohomish County (154), Clark County (97), Spokane County (94).
When does FY2022 start and end?
The federal fiscal year 2022 runs from 1 October 2021 to 30 September 2022.
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