Businesses in Washington seeking Small Business Administration (SBA) loans have a variety of lending institutions to choose from, each with its unique characteristics. Let’s explore the top 10 SBA lenders in the state and gain insights into what makes each one stand out:
Washington Preferred SBA Lenders
| Rank | Bank | Bank HQ | # of Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|---|
| 1 | U.S. Bank | Cincinnati, OH | 164 | $273,738 | 7.0% |
| 2 | Umpqua Bank | Roseburg, OR | 141 | $545,630 | 6.9% |
| 3 | KeyBank | Cleveland, OH | 106 | $541,673 | 7.1% |
| 4 | Banner Bank | Walla Walla, WA | 87 | $267,411 | 5.9% |
| 5 | Readycap Lending, LLC | Berkeley Heights, NJ | 40 | $1,329,603 | 7.0% |
| 6 | Wells Fargo | Sioux Falls, SD | 37 | $301,473 | 8.7% |
| 7 | BayFirst National Bank | Saint Petersburg, FL | 30 | $255,710 | 9.0% |
| 8 | Live Oak | Wilmington, NC | 28 | $2,363,786 | 6.2% |
| 9 | Bank of America | Charlotte, NC | 25 | $446,224 | 4.5% |
| 10 | Newtek Small Business Finance | Lake Success, NY | 25 | $488,480 | 7.8% |
| 11 | Washington Trust Bank | Spokane, WA | 24 | $725,708 | 6.0% |
| 12 | Celtic Bank | Salt Lake City, UT | 21 | $1,470,924 | 7.6% |
| 13 | Hanmi Bank | Los Angeles, CA | 21 | $1,267,524 | 6.0% |
| 14 | Heritage Bank | Olympia, WA | 20 | $1,150,805 | 6.3% |
| 15 | Sound CU | Tacoma, WA | 20 | $171,645 | 7.0% |
| 16 | Timberland Bank | Hoquiam, WA | 20 | $533,945 | 6.3% |
| 17 | BancorpSouth Bank | Tupelo, MS | 19 | $260,789 | 7.0% |
| 18 | Enterprise Bank & Trust | Clayton, MO | 19 | $1,181,932 | 6.1% |
| 19 | SaviBank | Mount Vernon, WA | 18 | $1,286,383 | 7.2% |
| 20 | Commonwealth Business Bank | Los Angeles, CA | 17 | $1,144,235 | 6.1% |
| 21 | JPMorgan Chase Bank | Columbus, OH | 15 | $360,700 | 6.1% |
| 22 | Numerica CU | Spokane Valley, WA | 15 | $730,500 | 6.7% |
| 23 | Bank of Hope | Los Angeles, CA | 13 | $2,078,085 | 5.8% |
| 24 | Glacier Bank | Kalispell, MT | 12 | $352,892 | 6.0% |
| 25 | The Huntington National Bank | Columbus, OH | 11 | $862,591 | 7.6% |
| 26 | Community First Bank | Kennewick, WA | 10 | $188,100 | 5.5% |
| 27 | BMO Harris Bank | Chicago, IL | 9 | $1,529,744 | 6.1% |
| 28 | Mountain Pacific Bank | Everett, WA | 9 | $1,523,644 | 6.7% |
| 29 | First Interstate Bank | Billings, MT | 8 | $471,450 | 6.2% |
| 30 | First-Citizens Bank & Trust | Raleigh, NC | 8 | $1,313,475 | 5.9% |
| 31 | Gesa CU | Richland, WA | 8 | $770,738 | 6.3% |
| 32 | PCB Bank | Los Angeles, CA | 8 | $1,810,125 | 6.6% |
| 33 | UniBank | Lynnwood, WA | 8 | $1,142,625 | 6.3% |
| 34 | 1st Security Bank of Washington | Mountlake Terrace, WA | 7 | $151,186 | 7.5% |
| 35 | GBC International Bank | Los Angeles, CA | 7 | $349,814 | 7.3% |
| 36 | HomeStreet Bank | Seattle, WA | 7 | $860,714 | 6.8% |
| 37 | New Millennium Bank | Fort Lee, NJ | 7 | $1,275,714 | 5.6% |
| 38 | Peoples Bank | Bellingham, WA | 7 | $239,143 | 7.4% |
| 39 | Byline Bank | Chicago, IL | 6 | $1,283,083 | 6.8% |
| 40 | Five Star Bank | Rancho Cordova, CA | 6 | $376,667 | 8.4% |
| 1 | M&T | Buffalo, NY | 18 | $210,900 | 8.3% |
| 2 | Hanmi Bank | Los Angeles, CA | 6 | $580,500 | 7.3% |
| 3 | TD Bank | Wilmington, DE | 5 | $29,000 | 9.3% |
| 4 | Wells Fargo | Sioux Falls, SD | 4 | $568,725 | 7.9% |
| 5 | Bank of America | Charlotte, NC | 3 | $250,000 | 5.1% |
| 6 | Berkshire Bank | Pittsfield, MA | 3 | $1,709,667 | 8.4% |
| 7 | Celtic Bank | Salt Lake City, UT | 3 | $776,667 | 8.8% |
| 8 | Fulton Bank | Lancaster, PA | 3 | $583,333 | 7.1% |
| 9 | Readycap Lending, LLC | Berkeley Heights, NJ | 3 | $879,500 | 6.8% |
1. U.S. Bank
U.S. Bank, based in Cincinnati, Ohio, leads the pack in Washington. With a national presence, the bank has facilitated 164 loans, providing an average loan of $273,738 at a competitive 7.0% interest rate. Businesses looking for a reliable, nationally recognized lender may find U.S. Bank to be a strong partner.
2. Umpqua Bank
Umpqua Bank, headquartered in Roseburg, Oregon, secures the second position with a regional focus. Having granted 141 loans in Washington, the bank offers an average loan amount of $545,630 at a 6.9% interest rate. Businesses seeking a regional bank with substantial lending capabilities may find Umpqua Bank appealing.
3. KeyBank
KeyBank, based in Cleveland, Ohio, holds the third spot in Washington. With a regional and national focus, the bank has supported businesses with 106 loans, averaging $541,673 at a 7.1% interest rate. KeyBank may be an attractive option for businesses seeking a balance between regional support and broader financial services.
4. Banner Bank
Banner Bank, headquartered in Walla Walla, Washington, takes the fourth position. As a regional player, the bank has granted 87 loans, providing an average loan of $267,411 at a competitive 5.9% interest rate. Businesses seeking a local lender deeply rooted in the Washington community may find Banner Bank to be a valuable partner.
5. Readycap Lending, LLC
Readycap Lending, LLC, based in Berkeley Heights, New Jersey, stands out as a significant player in Washington. With 40 loans, the lender specializes in larger amounts, offering an average loan of $1,329,603 at a 7.0% interest rate. Businesses in need of substantial financial support may find Readycap Lending, LLC to be a strategic partner.
6. Wells Fargo
Wells Fargo, headquartered in Sioux Falls, South Dakota, secures the sixth spot. With a national presence, the bank has supported Washington businesses with 37 loans, providing an average loan of $301,473 at an 8.7% interest rate. Wells Fargo may be a suitable choice for businesses seeking the backing of a well-established national bank.
7. BayFirst National Bank
BayFirst National Bank, based in Saint Petersburg, Florida, takes the seventh position. With 30 loans, the bank provides an average loan amount of $255,710 at a 9.0% interest rate. Businesses looking for a lender with a regional touch and competitive financing terms may find BayFirst National Bank appealing.
8. Live Oak
Live Oak, headquartered in Wilmington, North Carolina, secures the eighth position. With 28 loans, the bank offers an average loan amount of $2,363,786 at a 6.2% interest rate. Live Oak stands out for businesses in Washington seeking substantial funding for growth and expansion.
9. Bank of America
Bank of America, based in Charlotte, North Carolina, is the ninth-ranked lender in Washington. With 25 loans, the bank offers an average loan amount of $446,224 at an impressively low 4.5% interest rate. Businesses seeking competitive rates and a national presence may consider Bank of America.
10. Newtek Small Business Finance
Newtek Small Business Finance, based in Lake Success, New York, closes the top 10 in Washington. With 25 loans, the lender provides an average loan amount of $488,480 at a 7.8% interest rate. Businesses seeking a lender with a national reach and a range of financial services may find Newtek Small Business Finance to be a reliable partner.
In summary, Washington businesses have a diverse array of SBA lenders to choose from, each offering unique strengths and services. Whether seeking regional support, substantial funding, or a national banking partner, these top 10 lenders cater to the varying needs of businesses in the Evergreen State.
Top Industries for SBA loans in Washington
| Rank | Industry | # of Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|
| 1 | Full-Service Restaurants | 57 | $611,630 | 6.3% |
| 2 | Limited-Service Restaurants | 51 | $531,347 | 6.4% |
| 3 | Homes for the Elderly | 36 | $1,186,467 | 6.6% |
| 4 | Residential Remodelers | 30 | $207,263 | 7.6% |
| 5 | Snack and Nonalcoholic Beverage Bars | 29 | $158,372 | 6.8% |
| 6 | General Automotive Repair | 27 | $667,319 | 6.7% |
| 7 | Hotels (except Casino Hotels) and Motels | 24 | $2,964,692 | 5.4% |
| 8 | General Freight Trucking, Long Distance, Truckload | 24 | $358,604 | 7.3% |
| 9 | Landscaping Services | 21 | $617,386 | 6.5% |
| 10 | Plumbing, Heating, and Air-Conditioning Contractors | 20 | $423,430 | 7.1% |
| 11 | Fitness and Recreational Sports Centers | 19 | $566,447 | 6.3% |
| 12 | Insurance Agencies and Brokerages | 19 | $385,053 | 6.2% |
| 13 | Beauty Salons | 17 | $437,682 | 7.2% |
| 14 | Offices of All Other Miscellaneous Health Practitioners | 16 | $643,819 | 6.9% |
| 15 | Offices of Chiropractors | 15 | $161,067 | 7.0% |
| 16 | Janitorial Services | 15 | $236,800 | 7.2% |
| 17 | Pet Care (except Veterinary) Services | 14 | $657,921 | 7.2% |
| 18 | General Freight Trucking, Local | 14 | $375,879 | 7.1% |
| 19 | Electrical Contractors | 14 | $367,493 | 5.7% |
| 20 | All Other Specialty Trade Contractors | 14 | $839,471 | 6.8% |
| 21 | Offices of Lawyers | 13 | $729,346 | 6.9% |
| 22 | Offices of Mental Health Practitioners (except Physicians) | 12 | $99,883 | 7.7% |
| 23 | Gasoline Stations with Convenience Stores | 11 | $2,209,000 | 5.2% |
| 24 | Home Health Care Services | 11 | $830,773 | 6.8% |
| 25 | New Single-Family Housing Construction (except Operative Builders) | 11 | $413,182 | 6.5% |
| 26 | Offices of Dentists | 10 | $428,860 | 7.2% |
| 27 | Other Personal Care Services | 10 | $211,460 | 6.3% |
| 28 | Other Services to Buildings and Dwellings | 9 | $846,844 | 6.9% |
| 29 | Child Day Care Services | 9 | $1,282,189 | 6.3% |
| 30 | Offices of Physicians (except Mental Health Specialists) | 9 | $977,889 | 7.1% |
| 31 | Supermarkets and Other Grocery (except Convenience) Stores | 9 | $514,856 | 6.5% |
| 32 | Used Car Dealers | 8 | $736,513 | 7.1% |
| 33 | Offices of Real Estate Agents and Brokers | 8 | $369,550 | 7.8% |
| 34 | Wineries | 7 | $813,571 | 5.7% |
| 35 | Sports and Recreation Instruction | 7 | $970,400 | 6.7% |
| 36 | Lessors of Nonresidential Buildings (except Miniwarehouses) | 7 | $1,397,086 | 5.9% |
| 37 | Other Computer Related Services | 7 | $1,708,643 | 6.5% |
| 38 | Other Accounting Services | 7 | $286,429 | 6.2% |
| 39 | All Other Professional, Scientific, and Technical Services | 7 | $232,171 | 7.5% |
| 40 | Site Preparation Contractors | 6 | $24,050 | 8.1% |
| 1 | Beer, Wine, and Liquor Stores | 4 | $1,018,250 | 7.1% |
| 2 | Snack and Nonalcoholic Beverage Bars | 4 | $245,750 | 6.1% |
| 3 | Residential Remodelers | 3 | $356,467 | 8.4% |
| 4 | Other Management Consulting Services | 3 | $104,833 | 7.8% |
| 5 | Full-Service Restaurants | 3 | $226,767 | 7.9% |
Top SBA Loan Franchises in Washington
| Rank | FranchiseName | # of Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|
| 1 | Wilson Oil, Inc. (Shell) Contr | 4 | $2,459,250 | 5.1% |
| 2 | Premier Martial Arts Studio | 3 | $391,700 | 7.8% |
| 3 | X-Golf | 3 | $1,339,900 | 7.6% |
| 4 | Zoom Room | 3 | $525,667 | 8.3% |
| 5 | 1-800 Water Damage | 2 | $1,430,000 | 5.4% |
| 6 | Jersey Mike’s | 2 | $486,000 | 5.6% |
| 7 | Waxing the City | 2 | $249,000 | 6.0% |
| 8 | NerdsToGo | 2 | $117,750 | 6.5% |
| 9 | Lexar Homes | 2 | $1,500,000 | 8.0% |
| 10 | Ace Handyman Services | 2 | $150,000 | 9.0% |
| 11 | Merry Maids | 2 | $736,000 | 8.0% |
| 12 | Quality Inn | 2 | $4,300,000 | 4.6% |
| 13 | GuestHouse International | 2 | $3,996,500 | 6.4% |
| 14 | Home Instead Senior Care | 2 | $365,000 | 6.8% |
| 15 | Apro Distribution LLC -Â Motor | 2 | $2,000,000 | 5.8% |
| 16 | Hotworx | 2 | $381,550 | 5.8% |
| 17 | Tailored Living | 2 | $150,000 | 6.8% |
| 18 | Real Property Management | 2 | $500,000 | 8.5% |
| 19 | Molly Maid | 2 | $322,000 | 8.5% |
| 1 | Kwench Juice Cafe | 2 | $35,000 | 6.4% |
Top Washington SBA Loan Borrowers by Jobs Supported
| Rank | Business | Location | Industry | Loan Size | Interest Rate | Jobs |
|---|---|---|---|---|---|---|
| 1 | LPNW LLC | Vancouver, WA | Limited-Service Restaurants | $1M – $2.5M | 6.3% | 186 |
| 2 | VPC WALLA WALLA LLC | Walla Walla, WA | Plastics Pipe and Pipe Fitting Manufacturing | $1M – $2.5M | 4.8% | 180 |
| 3 | NCNW KENT PROPERTY HOLDING LL | Seattle, WA | Child Day Care Services | $2.5M – $5M | 5.0% | 140 |
| 4 | PNKLINK INC. | Lacey, WA | Beauty Salons | $2.5M – $5M | 5.5% | 140 |
| 5 | THE SAMMAMISH MONTESSORI SCHOO | Redmond, WA | All Other Miscellaneous Schools and Instruction | $1M – $2.5M | 7.5% | 130 |
| 6 | CHINA CITY L.L.C. | Freeland, WA | Full-Service Restaurants | $1M – $2.5M | 7.5% | 125 |
| 7 | SEATTLE CERTIFIED PIZZA LLC | Seattle, WA | Full-Service Restaurants | $2.5M – $5M | 7.5% | 125 |
| 8 | A LOT OF EXTRA TLC LLC | Spokane Valley, WA | Services for the Elderly and Persons with Disabilities | $250K – $500K | 7.5% | 120 |
| 9 | MT BAKER ROOFING | Bellingham, WA | Roofing Contractors | $2.5M – $5M | 5.3% | 119 |
| 10 | PACIFIC ISLAND HOSPITALITY LLC | Lynnwood, WA | Caterers | $2.5M – $5M | 7.4% | 112 |
| 11 | BYERS TRANSPORTATION INC. | Long Beach, WA | General Freight Trucking, Long Distance, Truckload | $250K or less | 6.5% | 100 |
| 12 | RH2 RESOLUTIONS LLC | Bellevue, WA | Temporary Help Services | $250K or less | 8.3% | 100 |
| 13 | SYNERGY CONTRACTORS GROUP LLC | Kent, WA | Framing Contractors | $500K – $1M | 6.5% | 90 |
| 14 | MOTIVE POWER MARINE | Tacoma, WA | Ship Building and Repairing | $500K – $1M | 8.3% | 90 |
| 15 | SEVIGNY ENTERPRISES LLC (EPC) | Yakima, WA | Electrical Contractors | $500K – $1M | 5.2% | 88 |
| 16 | 2401 SW ALASKA ST LLC (EPC) FO | Seattle, WA | Plumbing, Heating, and Air-Conditioning Contractors | $2.5M – $5M | 6.3% | 83 |
| 17 | SKURFFY WERKS LLC | Spokane, WA | Home Health Care Services | $250K – $500K | 6.8% | 82 |
| 18 | ABODE ON LAUREL LLC | Everett, WA | Residential Remodelers | $250K – $500K | 7.6% | 80 |
| 19 | CANTINA MONARCA INC. | Bellevue, WA | Full-Service Restaurants | $2.5M – $5M | 4.8% | 76 |
| 20 | 88 INVESTMENTS LLC | Seattle, WA | Limited-Service Restaurants | $1M – $2.5M | 4.3% | 75 |
| 21 | SPORTWORKS GLOBAL LLC | Mukilteo, WA | All Other Miscellaneous Fabricated Metal Product Manufacturing | $2.5M – $5M | 5.3% | 72 |
| 22 | L & L ACQUISITIONS LLC | Olympia, WA | Home Health Care Services | $1M – $2.5M | 6.6% | 71 |
| 23 | RECKLESS CUSTOMS LLC | Tukwila, WA | General Automotive Repair | $500K – $1M | 5.5% | 68 |
| 24 | PENSER NORTH AMERICA INC. | Lacey, WA | Third Party Administration of Insurance and Pension Funds | $2.5M – $5M | 8.5% | 68 |
| 25 | PRECISION IRON WORKS INC. | Pacific, WA | Fabricated Structural Metal Manufacturing | $2.5M – $5M | 5.0% | 62 |
| 26 | AT YOUR SERVICE CONCESSIONS I | Federal Way, WA | Mobile Food Services | $250K or less | 6.0% | 60 |
| 27 | GRAVIS LAW PLLC | Richland, WA | Offices of Lawyers | $1M – $2.5M | 6.0% | 60 |
| 28 | H&H SWIM SCHOOL – PUYALLUP LL | Puyallup, WA | Sports and Recreation Instruction | $2.5M – $5M | 8.0% | 60 |
| 29 | DGT INDUSTRIES INC. | Everett, WA | Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers | $1M – $2.5M | 5.4% | 56 |
| 30 | FURTADO & ASSOCIATES INC. | Seattle, WA | Surveying and Mapping (except Geophysical) Services | $500K – $1M | 7.5% | 54 |
| 31 | FIVE STONES COFFEE COMPANY L. | Kirkland, WA | Snack and Nonalcoholic Beverage Bars | $500K – $1M | 5.8% | 53 |
| 32 | SHARPEVISION PLLC | Bellevue, WA | Offices of Physicians (except Mental Health Specialists) | $2.5M – $5M | 6.5% | 52 |
| 33 | ARCHITECTURAL DESIGN WELDING L | Union Gap, WA | Other Foundation, Structure, and Building Exterior Contractors | $250K or less | 7.8% | 50 |
| 34 | MJW GLOBAL CORPORATION | Monroe, WA | $250K – $500K | 6.8% | 50 | |
| 35 | AB3ELV LLC | Seattle, WA | Child Day Care Services | $500K – $1M | 5.3% | 50 |
| 36 | ICE HARBOR BREWING COMPANY | Kennewick, WA | Drinking Places (Alcoholic Beverages) | $1M – $2.5M | 8.8% | 50 |
| 37 | AMOS CONSTRUCTION | Kennewick, WA | Framing Contractors | $2.5M – $5M | 9.3% | 50 |
| 38 | COLUMBIA RIVER CAKES LLC | Richland, WA | Retail Bakeries | $250K or less | 2.3% | 48 |
| 39 | APEX SPINE INSTITUTE PLLC | Richland, WA | Offices of Physicians (except Mental Health Specialists) | $250K – $500K | 4.7% | 48 |
| 40 | PEACE VANS ENTERPRISES LLC | Seattle, WA | General Automotive Repair | $250K – $500K | 7.5% | 48 |
| 41 | WINDWARD WINDOW WASHING | Seattle, WA | Janitorial Services | $250K or less | 8.3% | 45 |
| 42 | MORSE DISTRIBUTION INC. | Bellingham, WA | Metal Service Centers and Other Metal Merchant Wholesalers | $2.5M – $5M | 6.8% | 45 |
| 43 | ART MORRISON ENTERPRISES INC. | Fife, WA | All Other Transportation Equipment Manufacturing | $1M – $2.5M | 6.8% | 43 |
| 44 | GBI REAL ESTATE INVESTMENTS LL | Tacoma, WA | General Freight Trucking, Long Distance, Truckload | $1M – $2.5M | 4.8% | 42 |
| 45 | NAVARRETE CONSTRUCTION LLC | East Wenatchee, WA | New Single-Family Housing Construction (except Operative Builders) | $250K or less | 6.0% | 40 |
| 46 | THE AUTISM IMPACT CIRCLE LLC | Chattaroy, WA | Offices of All Other Miscellaneous Health Practitioners | $250K or less | 7.5% | 40 |
| 47 | SUNBIRD EPICUREAN CLUB LLC | Spokane, WA | Full-Service Restaurants | $250K – $500K | 8.3% | 40 |
| 48 | MEA INC. | Spokane, WA | Limited-Service Restaurants | $500K – $1M | 5.5% | 40 |
| 49 | JONES3 LLC | Renton, WA | Limited-Service Restaurants | $500K – $1M | 7.3% | 40 |
| 50 | MMNEWPROPERTIES LLC | Lynnwood, WA | Insurance Agencies and Brokerages | $1M – $2.5M | 7.0% | 40 |
| 51 | MAGELLAN ASSOCIATES PLLC | Redmond, WA | Architectural Services | $500K – $1M | 5.3% | 38 |
| 52 | ZOKA COFFEE COMPANY LLC | Seattle, WA | Limited-Service Restaurants | $500K – $1M | 6.0% | 38 |
| 53 | COOKIES R LIFE LLC | Moses Lake, WA | Retail Bakeries | $250K – $500K | 7.3% | 37 |
| 54 | FA PUYALLUP LLC | Puyallup, WA | Automotive Oil Change and Lubrication Shops | $1M – $2.5M | 5.3% | 37 |
| 55 | ORCHARD HILLS ANIMAL HOSPITAL | Washougal, WA | Veterinary Services | $2.5M – $5M | 6.3% | 37 |
| 56 | JETT CONCRETE INC. | Spokane, WA | Poured Concrete Foundation and Structure Contractors | $250K – $500K | 5.6% | 36 |
| 57 | MEBINC LLC | Spokane, WA | Full-Service Restaurants | $250K – $500K | 5.5% | 36 |
| 58 | COFFEEHOLIC MAIN STREET LLC | Bellevue, WA | Snack and Nonalcoholic Beverage Bars | $500K – $1M | 8.3% | 36 |
| 59 | THE OUTSKIRTS LLC | Selah, WA | Full-Service Restaurants | $2.5M – $5M | 5.8% | 36 |
| 60 | RED LENS GAMES INC. | Woodinville, WA | Custom Computer Programming Services | $250K or less | 3.2% | 35 |
| 61 | SMOOTH CITY LLC | Vancouver, WA | Other Personal Care Services | $250K or less | 6.0% | 34 |
| 62 | SHEPEL HOMES INC | Woodinville, WA | Residential Remodelers | $250K – $500K | 6.0% | 34 |
| 63 | COUNTRY ROSE CAFE | Tacoma, WA | Limited-Service Restaurants | $250K – $500K | 9.0% | 34 |
| 64 | CAMAS MARKET & BAKERY LLC | Camas, WA | $1M – $2.5M | 7.3% | 34 | |
| 65 | FARMERS EXCHANGE LLC | Kennewick, WA | All Other Miscellaneous Store Retailers (except Tobacco Stores) | $250K – $500K | 5.3% | 33 |
| 66 | DS PUTNAM LLC | Spanaway, WA | Janitorial Services | $250K or less | 8.8% | 32 |
| 67 | BOBA TREE LLC | Vancouver, WA | Snack and Nonalcoholic Beverage Bars | $250K or less | 6.5% | 32 |
| 68 | MATHEWS AUTO BODY LLC | Kennewick, WA | Automotive Body, Paint, and Interior Repair and Maintenance | $250K or less | 7.3% | 32 |
| 69 | HAWKS PRAIRIE ACE HARDWARE LL | Lacey, WA | Hardware Stores | $500K – $1M | 5.6% | 32 |
| 70 | RENOVATION RESOLUTIONS II LLC | Sumner, WA | Residential Remodelers | $1M – $2.5M | 6.0% | 32 |
| 71 | HELIX DELIVERY INC. | Burlington, WA | Couriers | $1M – $2.5M | 6.0% | 32 |
| 72 | TRUE NORTH HOMES LLC | Spokane Valley, WA | New Single-Family Housing Construction (except Operative Builders) | $1M – $2.5M | 8.0% | 32 |
| 73 | HARBOR INVESTMENT INCORPORATE | Dupont, WA | Hotels (except Casino Hotels) and Motels | $2.5M – $5M | 4.3% | 32 |
| 74 | C & C COFFEE LLC | Vancouver, WA | Limited-Service Restaurants | $250K or less | 8.0% | 31 |
| 75 | VIBEY.COM LLC | Renton, WA | Other Services Related to Advertising | $2.5M – $5M | 9.3% | 31 |
| 76 | RAPID HEATING & COOLING LLC | Sumner, WA | Plumbing, Heating, and Air-Conditioning Contractors | $250K or less | 10.5% | 30 |
| 77 | RAMEN & SUSHI BURRITO LLC | Tumwater, WA | Full-Service Restaurants | $250K – $500K | 4.7% | 30 |
| 78 | BLACKPOINT IT SERVICES INC. | Kent, WA | Other Computer Related Services | $1M – $2.5M | 8.3% | 30 |
| 79 | SHREE NYALKARAN INC | Shoreline, WA | Child Day Care Services | $1M – $2.5M | 7.0% | 29 |
| 80 | D.R. STRONG LLC | Kirkland, WA | Engineering Services | $2.5M – $5M | 8.8% | 29 |
| 81 | ERUPTED VAPOR 99 | Vancouver, WA | Tobacco Stores | $250K – $500K | 6.0% | 28 |
| 82 | GINKGO CO | Seattle, WA | Nursery and Garden Centers | $250K – $500K | 5.2% | 28 |
| 83 | RIDGECREST MANAGEMENT LLC | Richland, WA | Residential Property Managers | $500K – $1M | 8.0% | 28 |
| 84 | CCM FLOOR CARE INC | Spokane Valley, WA | Janitorial Services | $500K – $1M | 7.5% | 28 |
| 85 | BCC MARTIN LLC | Kirkland, WA | Full-Service Restaurants | $1M – $2.5M | 4.8% | 28 |
| 86 | ESPRESSO STOP PORTLAND AVE LL | Tacoma, WA | Snack and Nonalcoholic Beverage Bars | $250K or less | 6.0% | 27 |
| 87 | JM AIRWAY HEIGHTS LLC | Spokane, WA | Limited-Service Restaurants | $250K – $500K | 5.8% | 27 |
| 88 | EMPOWERING PEOPLE INC. | Spokane, WA | All Other Miscellaneous Ambulatory Health Care Services | $500K – $1M | 6.8% | 27 |
| 89 | MILLMAN INDUSTRIES LLC | Langley, WA | Landscaping Services | $250K or less | 8.0% | 26 |
| 90 | TOUCHPOINT COUNSELING | Gig Harbor, WA | Offices of Mental Health Practitioners (except Physicians) | $250K or less | 10.0% | 26 |
| 91 | THE GUYS AT ALLTREE SERVICES | Tacoma, WA | Logging | $250K or less | 6.6% | 26 |
| 92 | RAINIER TRUCK AND CHASSIS LLC | Yakima, WA | $250K or less | 7.5% | 26 | |
| 93 | SUPERIOR INSULATION COMPANY LL | Spokane, WA | Drywall and Insulation Contractors | $250K or less | 3.7% | 26 |
| 94 | BUTTER AND OLIVE OIL INC. | Tacoma, WA | Full-Service Restaurants | $250K or less | 5.3% | 26 |
| 95 | POWERSPORTS NORTHWEST LLC | Bremerton, WA | $250K – $500K | 4.5% | 26 | |
| 96 | TRINITY WIRELESS INC | Olympia, WA | $250K – $500K | 6.8% | 26 | |
| 97 | SEATTLE MAID SERVICES LLC | Bothell, WA | Janitorial Services | $500K – $1M | 8.3% | 26 |
| 98 | HOSERS HOT SUBS | Covington, WA | Limited-Service Restaurants | $500K – $1M | 6.0% | 26 |
| 99 | CABTALA CORPORATION | Spokane, WA | Local Messengers and Local Delivery | $1M – $2.5M | 6.5% | 26 |
| 100 | BAYWOOD CABINET | Kent, WA | Wood Kitchen Cabinet and Countertop Manufacturing | $1M – $2.5M | 6.0% | 26 |
| 1 | ANNIE’S HARDWARE LLC | Washington, DC | $500K – $1M | 5.6% | 82 | |
| 2 | EXCELICON | Washington, DC | Custom Computer Programming Services | $1M – $2.5M | 8.3% | 62 |
| 3 | HOSPITALITY GURU LLC | Washington, DC | Full-Service Restaurants | $500K – $1M | 5.3% | 47 |
| 4 | FRESHLY ORGANIC LLC | Washington, DC | $500K – $1M | 7.1% | 42 | |
| 5 | NRI INC | Washington, DC | Employee Leasing Services | $1M – $2.5M | 9.5% | 35 |
| 6 | EXPAT 2000 LLC | Washington, DC | Drinking Places (Alcoholic Beverages) | $250K – $500K | 9.8% | 33 |
| 7 | EDEN DC SALON INC. | Washington, DC | Beauty Salons | $1M – $2.5M | 7.8% | 32 |
| 8 | CROOKED RUN BREWING LLC | Washington, DC | Breweries | $1M – $2.5M | 5.5% | 28 |
| 9 | TOPO LOGISTICS INC. | Washington, DC | General Freight Trucking, Local | $1M – $2.5M | 8.3% | 27 |
| 10 | SOKSABY VIRGINIA INC. | Washington, DC | $500K – $1M | 7.0% | 22 | |
| 11 | SOKSABY COMPANY | Washington, DC | $1M – $2.5M | 7.0% | 22 | |
| 12 | CARRTHOM DEVELOPMENT LLC | Washington, DC | Residential Remodelers | $250K – $500K | 6.3% | 20 |
| 13 | ABIDAN LLC | Washington, DC | $1M – $2.5M | 8.0% | 20 | |
| 14 | HAPPY GO LLC | Washington, DC | $250K – $500K | 6.0% | 17 | |
| 15 | MARTAYYA LLC | Washington, DC | Full-Service Restaurants | $250K or less | 11.3% | 14 |
| 16 | SWATCHROOM LLC | Washington, DC | Interior Design Services | $250K or less | 7.5% | 12 |
| 17 | ALPHA CARE PHARMACY INC. | Washington, DC | $2.5M – $5M | 8.8% | 11 |
Note about SBA lenders near me in Washington
When it comes to top Washington SBA lenders, it’s a common inquiry whether any of the listed banks are 1) included in the Washington preferred lender list, 2) approved lenders in Washington, or 3) active participants in the Washington SBA Express lending program. These queries center around the ability of a given SBA bank to facilitate small business SBA loans in Washington swiftly. The answer is an unequivocal yes. These aren’t your run-of-the-mill banks making only a handful of SBA loans annually; these are institutions well-versed in the intricacies of the SBA 7(a) loan program. They stand out as the top performers in Washington, as evidenced by our thorough analysis of thousands of SBA loans each year, leading us to rank lenders based on recent activity.
It’s crucial to note that while some banks may limit their lending to specific regions, there exist a select few highly assertive nationwide SBA lenders that operate nationally. These lenders possess a profound understanding of the SBA program and execute transactions with remarkable speed. Therefore, we advise against restricting your search solely to your home state. Our lender match tool proves invaluable in this regard. By utilizing it, we can identify suitable SBA banks tailored to your specific needs, be it geography, industry, company size, all at no cost or obligation to you. This service aims to save you valuable time and ensure a seamless SBA loan process.