Last annual update:
Note: On March 31 the Treasury and SBA released important information regarding CARES Act SBA 7(a) loans. We encourage you to read our blog post and act quickly.
Biggest names in banks were among the largest lenders to “The Beaver State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a hotel, restaurant, auto repair, medical practice, veterinary or pharmacy, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top SBA Lenders in Oregon:
| State Rank | Bank | Headquarters | # Loans | Avg Loan | Avg Int |
|---|---|---|---|---|---|
| 1 | U.S. Bank | Cincinnati, OH | 386 | $140,914 | 8.1% |
| 2 | Columbia State Bank | Tacoma, WA | 174 | $98,142 | 7.8% |
| 3 | Banner Bank | Walla Walla, WA | 60 | $250,813 | 7.4% |
| 4 | Wells Fargo | Sioux Falls, SD | 57 | $184,984 | 9.5% |
| 5 | KeyBank | Cleveland, OH | 54 | $580,728 | 7.6% |
| 6 | JPMorgan Chase Bank | Columbus, OH | 22 | $331,236 | 8.5% |
| 7 | Umpqua Bank | Roseburg, OR | 20 | $770,445 | 7.4% |
| 8 | First Home Bank | Saint Petersburg, FL | 20 | $189,750 | 8.0% |
| 9 | Pacific Western Bank | Beverly Hills, CA | 18 | $1,425,861 | 6.3% |
| 10 | Summit Bank | Eugene, OR | 15 | $1,150,453 | 7.8% |
| 11 | Celtic Bank | Salt Lake City, UT | 15 | $864,127 | 7.7% |
| 12 | Live Oak | Wilmington, NC | 14 | $928,214 | 7.3% |
| 13 | Seacoast Commerce Bank | San Diego, CA | 14 | $895,371 | 7.2% |
| 14 | First Interstate Bank | Billings, MT | 14 | $238,250 | 7.6% |
| 15 | Stearns Bank | Saint Cloud, MN | 13 | $203,492 | 8.2% |
| 16 | Newtek Small Business Finance | Lake Success, NY | 12 | $293,133 | 8.6% |
| 17 | Bank of the West | San Francisco, CA | 11 | $1,068,718 | 5.7% |
| 18 | Commonwealth Business Bank | Los Angeles, CA | 10 | $1,247,000 | 7.0% |
| 19 | Readycap Lending, LLC | Berkeley Heights, NJ | 10 | $1,180,780 | 7.3% |
| 20 | Heritage Bank | Olympia, WA | 9 | $1,129,111 | 6.6% |