Best SBA lenders
Best SBA lenders in Oregon
The most active SBA lenders in Oregon, ranked from every 7(a) and 504 loan in the SBA's public record, FY2010-2026. U.S. Bank, National Association leads with 2,768 loans funded.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026, as of 2026-03-31
Top SBA lenders in Oregon
The full Oregon ranking, by SBA loans funded since FY2010. Every figure is in-state: each lender's loans, dollars, average loan size, and 7(a) charge-off rate cover its Oregon lending only, not its national book. A charge-off rate appears only when a lender has at least 20 funded 7(a) loans in Oregon; below that line, and on 504-only lending, it reads “not reported,” never 0%.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association | 2,768 | $492.9M | $178K | 3.47% |
| 2 | Columbia Bank | 2,477 | $643.5M | $260K | 2.06% |
| 3 | Wells Fargo Bank National Association | 1,220 | $462.8M | $379K | 3.85% |
| 4 | KeyBank National Association | 870 | $328.5M | $378K | 1.38% |
| 5 | Evergreen Business Capital | 657 | $515.7M | $785K | not reported |
| 6 | Banner Bank | 608 | $110.0M | $181K | 2.30% |
| 7 | JPMorgan Chase Bank, National Association | 518 | $94.6M | $183K | 4.44% |
| 8 | Peoples Bank of Commerce | 298 | $45.8M | $154K | 1.01% |
| 9 | First Interstate Bank | 281 | $110.0M | $391K | 2.49% |
| 10 | Live Oak Banking Company | 280 | $338.6M | $1.2M | 0.71% |
| 11 | Banc of California | 276 | $405.6M | $1.5M | 0.36% |
| 12 | Readycap Lending, LLC | 204 | $181.1M | $888K | 0.98% |
| 13 | Celtic Bank Corporation | 204 | $159.8M | $783K | 5.39% |
| 14 | Northeast Bank | 201 | $29.4M | $146K | 1.00% |
| 15 | Northwest Business Development Association | 196 | $182.0M | $928K | not reported |
| 16 | BMO Bank National Association | 187 | $165.2M | $883K | 2.14% |
| 17 | Cascade Capital Funding | 185 | $153.5M | $830K | not reported |
| 18 | BayFirst National Bank | 185 | $49.4M | $267K | 9.73% |
| 19 | The Huntington National Bank | 182 | $71.1M | $391K | 3.30% |
| 20 | Summit Bank | 181 | $139.7M | $772K | 3.31% |
| 21 | Enterprise Bank & Trust | 139 | $156.8M | $1.1M | 0.00% |
| 22 | Newtek Bank, National Association | 135 | $57.3M | $424K | 0.00% |
| 23 | Beneficial State Bank | 134 | $45.0M | $336K | 2.24% |
| 24 | Marion & Polk Schools CU | 106 | $29.5M | $278K | 4.72% |
| 25 | Newtek Small Business Finance, Inc. | 98 | $47.1M | $481K | 0.00% |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
7(a) banks vs 504 lenders (CDCs) in Oregon
The two SBA programs have different lenders. A 7(a) loan comes from one bank or credit union; a 504 project pairs a bank with a Certified Development Company (CDC), the nonprofit that funds the SBA-backed portion. The leaders in Oregon by each program's loans funded since FY2010:
- 1. U.S. Bank, National Association 2,768 loans
- 2. Columbia Bank 2,477 loans
- 3. Wells Fargo Bank National Association 1,220 loans
- 4. KeyBank National Association 870 loans
- 5. Banner Bank 608 loans
- 1. Evergreen Business Capital 650 loans
- 2. Northwest Business Development Association 196 loans
- 3. Cascade Capital Funding 185 loans
- 4. Mortgage Capital Development Corporation 69 loans
- 5. C.C.D. Business Development Corporation 69 loans
Counts are each program's funded loans in Oregon. How the two programs differ: 504 vs 7(a), by the data.
Where SBA lending concentrates in Oregon
The 3 industries with the most SBA loans in Oregon since FY2010, and the most active lender in each. A lender that leads your industry locally can matter more than the overall #1.
| Industry | Loans | Total funded | Most active lender |
|---|---|---|---|
| Construction | 2,198 | $561.8M | U.S. Bank, National Association (763 loans) |
| Retail Trade | 2,085 | $1.1B | Columbia Bank (367 loans) |
| Accommodation and Food Services | 2,049 | $1.1B | U.S. Bank, National Association (350 loans) |
Full industry, city, and yearly breakdowns: SBA lending in Oregon.
How this ranking works
- “Most active” means loans funded. The ranking counts every SBA 7(a) and 504 loan funded to Oregon businesses in the SBA's public FOIA record, FY2010–2026, as of 2026-03-31. No lender pays to appear or to rank, and activity is not a fit score: the right lender for you depends on your industry, loan size, and timeline.
- The 10-loan line. A lender enters the Oregon table only with at least 10 loans funded in-state, so one-off activity never reads as a track record. Industry cells above are held to at least 30 loans.
- Charge-off is 7(a)-only and needs 20+ loans. The SBA reports charge-offs on 7(a) loans, never on 504 loans. We show an in-state rate only when a lender has at least 20 funded 7(a) loans in Oregon; anything thinner reads “not reported,” never 0%. It is a charge-off share of funded loans to date, not a lifetime default rate.
- Name collisions are excluded, and counted. The SBA does not normalize lender names across mergers and rebrands, so one name can blend several unrelated institutions. Flagged names are never ranked on this page; each exclusion is disclosed under the table.
The exact calculations and limits: methodology.
Best SBA lenders in Oregon: frequently asked questions
Who is the most active SBA lender in Oregon?
U.S. Bank, National Association is the most active SBA lender in Oregon in the public record, with 2,768 7(a) and 504 loans funded since FY2010 ($492.9M in Oregon). The ranking counts loans funded, never who pays us.
Do these lenders only serve Oregon?
No. The ranking measures activity in Oregon: loans funded to Oregon businesses in the SBA's record. Many of these lenders are national or multi-state institutions; the loans, dollars, and charge-off figures shown are their Oregon lending only.
What's the difference between a 7(a) lender and a CDC?
A 7(a) lender is a bank or credit union that funds an SBA-guaranteed loan directly. A Certified Development Company (CDC) is a nonprofit that funds the SBA-backed portion of a 504 project alongside a bank. Charge-off is reported only on 7(a) loans, so a 504-only CDC shows "not reported," never 0%.
How many SBA lenders are active in Oregon?
88 lenders have funded at least 10 SBA loans in Oregon since FY2010 in the public record (as of 2026-03-31). The table above names the 25 most active of them; names that blend several same-named institutions are excluded from rankings.
Mario Bailey. (2026). Best SBA lenders in Oregon. SBA Loan Index. https://sbaloanindex.com/best-sba-lenders/in/or/
Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.
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