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SBA lenders in Olympia, WA

Which lenders fund Olympia-area businesses, how much, and how the market compares with Washington: SBA 7(a) and 504 loans, FY2010–2026.

By Mario Bailey · SBA FOIA data as of 2026-03-31

SBA loans
1,011
Total funded
$620.8M
Average loan
$614K
7(a) charge-off
4.2%

Top SBA lenders in the Olympia area

Ranked by SBA volume funded to businesses located in the Olympia metropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.

# Lender Loans Total funded Average loan 7(a) charge-off
1 Timberland Bank 111 $50.3M $453K 9.91%
2 Ameritrust CDC 56 $45.3M $809K not reported
3 Hanmi Bank 25 $34.8M $1.4M 0.00%
4 Readycap Lending, LLC 25 $32.1M $1.3M 0.00%
5 Evergreen Business Capital 50 $30.7M $615K not reported
6 Northwest Business Development Association 33 $29.3M $888K not reported
7 Sound Credit Union 56 $26.8M $478K 5.36%
8 U.S. Bank, National Association 58 $25.5M $440K 5.17%
9 KeyBank National Association 76 $24.8M $326K 2.63%
10 Columbia Bank 110 $22.6M $205K 2.73%

SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.

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How Olympia compares

Median funded SBA loan and 504 share of loans, FY2010–2026.

Median loan504 share
Olympia area $257K ▲ 15.0% 13.7% ▲ 4.6 pts
Washington$223K9.1%
United States$179K11.2%

What gets funded in Olympia

IndustryLoansTotal funded
Retail Trade 192 $180.3M
Accommodation and Food Services 159 $124.8M
Health Care and Social Assistance 125 $59.0M
Other Services 78 $38.6M
Real Estate 33 $37.3M
Professional and Technical Services 102 $37.0M
Manufacturing 50 $31.8M
Arts, Entertainment, Recreation 35 $23.3M

SBA lending in Olympia by year

Geography, precisely

"Olympia area" here means the Olympia-Lacey-Tumwater, WA metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Thurston County, WA. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.