SBA lender profile
Washington Trust Bank
Washington Trust Bank appears in the public SBA loan data with 473 funded 7(a) loans totaling $247.3M, an average of $523K per loan, and an estimated 5,341 jobs supported. Its SBA lending concentrates in Washington and the Construction sector. Across all of its loans in the data, its charge-off rate is 0.2%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
473
Total volume
$247.3M
Average loan size
$523K
Charge-off rate
0.2%
Share of funded loans charged off
Jobs supported (reported)
5,341
Programs
7(a)
Bank profile
via FDIC- Total assets
- $10.7B
- Headquarters
- Spokane, WA
- FDIC cert
- #1281
- Status
- Active
Where Washington Trust Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Washington | 331 | $166.3M |
| Idaho | 89 | $51.6M |
| Oregon | 52 | $24.6M |
| Utah | 1 | $4.8M |
What Washington Trust Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 83 | $48.5M |
| Accommodation and Food Services | 54 | $34.3M |
| Manufacturing | 42 | $26.3M |
| Retail Trade | 47 | $24.9M |
| Professional and Technical Services | 39 | $20.5M |
| Other Services | 36 | $16.3M |
Washington Trust Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 44 | $15.0M |
| 2021 | 45 | $34.1M |
| 2022 | 39 | $13.9M |
| 2023 | 80 | $48.6M |
| 2024 | 141 | $64.4M |
| 2025 | 98 | $58.3M |
| 2026 | 26 | $13.0M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Washington Trust Bank's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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