SBA lending by metro area
SBA lenders in Seattle, WA
Which lenders fund Seattle-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
Top SBA lenders in the Seattle area
Ranked by SBA volume funded to businesses located in the Seattle 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 | U.S. Bank, National Association | 1,963 | $576.2M | $294K | 2.45% |
| 2 | Columbia Bank | 1,358 | $517.5M | $381K | 2.43% |
| 3 | KeyBank National Association | 1,217 | $508.7M | $418K | 2.55% |
| 4 | Evergreen Business Capital | 492 | $476.9M | $969K | not reported |
| 5 | Northwest Business Development Association | 368 | $382.8M | $1.0M | not reported |
| 6 | Bank of Hope | 343 | $368.5M | $1.1M | 2.33% |
| 7 | Live Oak Banking Company | 214 | $312.6M | $1.5M | 0.93% |
| 8 | Ameritrust CDC | 249 | $289.0M | $1.2M | not reported |
| 9 | Wells Fargo Bank National Association | 825 | $275.9M | $334K | 4.73% |
| 10 | Heritage Bank | 465 | $263.6M | $567K | 3.01% |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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How Seattle compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Seattle area | $246K ▲ 10.4% | 7.3% ▼ 1.8 pts |
| Washington | $223K | 9.1% |
| United States | $179K | 11.2% |
What gets funded in Seattle
| Industry | Loans | Total funded |
|---|---|---|
| Accommodation and Food Services | 2,565 | $1.6B |
| Retail Trade | 2,030 | $1.6B |
| Health Care and Social Assistance | 1,739 | $1.1B |
| Manufacturing | 1,014 | $683.0M |
| Construction | 1,787 | $677.3M |
| Professional and Technical Services | 1,476 | $607.7M |
| Wholesale Trade | 714 | $495.0M |
| Other Services | 1,222 | $477.7M |
SBA lending in Seattle by year
Geography, precisely
"Seattle area" here means the Seattle-Tacoma-Bellevue, WA metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: King County, WA; Pierce County, WA; Snohomish 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.