SBA lending by metro area
SBA lenders in Salem, OR
Which lenders fund Salem-area businesses, how much, and how the market compares with Oregon: SBA 7(a) and 504 loans, FY2010–2026.
By Mario Bailey · SBA FOIA data as of 2026-03-31
Top SBA lenders in the Salem area
Ranked by SBA volume funded to businesses located in the Salem 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 | Columbia Bank | 420 | $54.1M | $129K | 2.14% |
| 2 | Banc of California | 36 | $53.7M | $1.5M | 0.00% |
| 3 | U.S. Bank, National Association | 228 | $40.1M | $176K | 2.63% |
| 4 | Wells Fargo Bank National Association | 79 | $27.7M | $351K | 6.33% |
| 5 | KeyBank National Association | 73 | $25.3M | $347K | 0.00% |
| 6 | Mortgage Capital Development Corporation | 8 | $23.5M | $2.9M | not reported |
| 7 | Cascade Capital Funding | 39 | $23.3M | $597K | not reported |
| 8 | Readycap Lending, LLC | 20 | $22.9M | $1.1M | 0.00% |
| 9 | Enterprise Bank & Trust | 13 | $19.7M | $1.5M | not reported |
| 10 | Evergreen Business Capital | 28 | $18.8M | $672K | not reported |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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How Salem compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Salem area | $50K ▼ 66.7% | 6.9% ▼ 1.2 pts |
| Oregon | $150K | 8.2% |
| United States | $179K | 11.2% |
What gets funded in Salem
| Industry | Loans | Total funded |
|---|---|---|
| Retail Trade | 181 | $85.2M |
| Manufacturing | 124 | $79.7M |
| Health Care and Social Assistance | 104 | $59.4M |
| Accommodation and Food Services | 123 | $52.0M |
| Construction | 217 | $40.1M |
| Professional and Technical Services | 112 | $35.2M |
| Arts, Entertainment, Recreation | 38 | $23.0M |
| Transportation and Warehousing | 52 | $20.3M |
SBA lending in Salem by year
Geography, precisely
"Salem area" here means the Salem, OR metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Marion County, OR; Polk County, OR. 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.