Last annual update:
Some Washington-based banks were among the largest lenders to “The Evergreen 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 Washington:
| State Rank | Bank | Headquarters | # Loans | Avg Loan |
|---|---|---|---|---|
| 1 | U.S. Bank | Cincinnati, OH | 176 | $189,566 |
| 2 | Banner Bank | Walla Walla, WA | 141 | $175,098 |
| 3 | KeyBank | Cleveland, OH | 120 | $500,899 |
| 4 | Wells Fargo | Sioux Falls, SD | 92 | $260,507 |
| 5 | Columbia State Bank | Tacoma, WA | 88 | $259,881 |
| 6 | JPMorgan Chase Bank | Columbus, OH | 64 | $314,088 |
| 7 | Umpqua Bank | Roseburg, OR | 44 | $704,016 |
| 8 | Washington Trust Bank | Spokane, WA | 44 | $334,741 |
| 9 | Heritage Bank | Olympia, WA | 34 | $648,085 |
| 10 | Northwest Bank | Boise, ID | 34 | $845,297 |
| 11 | Seacoast Commerce Bank | San Diego, CA | 31 | $757,958 |
| 12 | HomeStreet Bank | Seattle, WA | 27 | $565,207 |
| 13 | SaviBank | Burlington, WA | 27 | $376,822 |
| 14 | First Home Bank | Seminole, FL | 26 | $230,385 |
| 15 | Independence Bank | East Greenwich, RI | 25 | $107,600 |
| 16 | UniBank | Lynnwood, WA | 23 | $1,301,883 |
| 17 | Bank of Hope | Los Angeles, CA | 22 | $1,555,823 |
| 18 | Celtic Bank | Salt Lake City, UT | 22 | $203,636 |
| 19 | Numerica CU | Spokane Valley, WA | 22 | $244,173 |
| 20 | Hanmi Bank | Los Angeles, CA | 21 | $592,500 |
| 21 | Mountain Pacific Bank | Everett, WA | 21 | $1,502,048 |
| 22 | Live Oak | Wilmington, NC | 20 | $1,509,500 |
| 23 | Newtek Small Business | Lake Success, NY | 19 | $656,347 |
| 24 | Glacier Bank | Kalispell, MT | 18 | $176,894 |
| 25 | Pacific City Bank | Los Angeles, CA | 18 | $1,796,833 |
| 26 | Timberland Bank | Hoquiam, WA | 18 | $134,250 |
| 27 | Commonwealth Business Bank | Los Angeles, CA | 17 | $899,353 |
| 28 | Hana Small Business Lending | Los Angeles, CA | 17 | $820,824 |
| 29 | Kitsap Bank | Port Orchard, WA | 15 | $263,513 |
| 30 | Whatcom Educational CU | Bellingham, WA | 14 | $433,071 |
| 31 | GBC International Bank | Los Angeles, CA | 13 | $617,131 |
| 32 | Washington Business Bank | Olympia, WA | 13 | $561,769 |
| 33 | Stearns Bank | Saint Cloud, MN | 12 | $448,167 |
| 34 | United Midwest Savings Bank | De Graff, OH | 12 | $271,750 |
| 35 | Bank of the West | San Francisco, CA | 11 | $817,955 |
| 36 | Readycap Lending, LLC | New Providence, NJ | 11 | $1,127,409 |
| 37 | Bank of America | Charlotte, NC | 10 | $844,230 |
| 38 | Sound CU | Tacoma, WA | 10 | $350,900 |
| 39 | Coastal Community Bank | Everett, WA | 9 | $867,356 |
| 40 | Community First Bank | Kennewick, WA | 9 | $81,878 |