SBA 7(a) lenders in Pacific, WA
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
25 institutions have SBA 7(a) loans on record in Pacific, together $37.1M across 49 loans. Readycap Lending, LLC is the largest, with 21% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Readycap Lending, LLC | 4 | $7.8M | 21.1% | 0.00% |
| 2 | Celtic Bank Corporation | 3 | $5.2M | 14.0% | 0.00% |
| 3 | Timberland Bank | 3 | $5.0M | 13.5% | 58.64% |
| 4 | Banesco USA | 1 | $3.5M | 9.5% | 0.00% |
| 5 | BayFirst National Bank | 1 | $3.4M | 9.2% | 0.00% |
| 6 | UniBank | 1 | $1.3M | 3.5% | 0.00% |
| 7 | First-Citizens Bank & Trust Company | 1 | $1.3M | 3.4% | 0.00% |
| 8 | Columbia Bank | 5 | $1.2M | 3.2% | 23.82% |
| 9 | KeyBank National Association | 6 | $1.2M | 3.2% | 0.00% |
| 10 | Bank of Hope | 2 | $1.0M | 2.8% | 0.00% |
| 11 | Commonwealth Business Bank | 1 | $1.0M | 2.7% | 0.00% |
| 12 | Citizens Bank | 1 | $968K | 2.6% | 0.00% |
| 13 | Newtek Small Business Finance, Inc. | 1 | $792K | 2.1% | 0.00% |
| 14 | United Business Bank | 1 | $615K | 1.7% | 0.00% |
| 15 | Bank of the Pacific | 5 | $608K | 1.6% | 0.00% |
| 16 | Newtek Bank, National Association | 1 | $575K | 1.5% | 0.00% |
| 17 | Gesa CU | 2 | $506K | 1.4% | 0.00% |
| 18 | Hana Small Business Lending, Inc. | 1 | $250K | 0.7% | 0.00% |
| 19 | Wells Fargo Bank National Association | 2 | $245K | 0.7% | 0.00% |
| 20 | Coastal Community Bank | 1 | $194K | 0.5% | 0.00% |
| 21 | Craft3 | 1 | $135K | 0.4% | 0.00% |
| 22 | First Interstate Bank | 1 | $95K | 0.3% | 0.00% |
| 23 | Banner Bank | 1 | $75K | 0.2% | 0.00% |
| 24 | U.S. Bank, National Association | 2 | $27K | 0.1% | 0.00% |
| 25 | Marion & Polk Schools CU | 1 | $25K | 0.1% | 0.00% |
Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.
What the money went into
| Rank | Industry | Loans | Approved | Share of county |
|---|---|---|---|---|
| 1 | Retail trade | 12 | $9.8M | 26.4% |
| 2 | Retail trade | 5 | $7.0M | 18.9% |
| 3 | Professional & technical services | 2 | $6.9M | 18.7% |
| 4 | Accommodation & food services | 13 | $6.3M | 16.9% |
| 5 | Construction | 7 | $3.2M | 8.7% |
| 6 | Manufacturing | 1 | $2.0M | 5.4% |
| 7 | Other services | 1 | $630K | 1.7% |
| 8 | Agriculture, forestry & fishing | 3 | $505K | 1.4% |
| 9 | Arts, entertainment & recreation | 1 | $376K | 1.0% |
| 10 | Educational services | 1 | $135K | 0.4% |
| 11 | Manufacturing | 1 | $121K | 0.3% |
| 12 | Transportation & warehousing | 2 | $100K | 0.3% |
Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.
About this data
Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.