SBA 7(a) lenders in Pacific, WA
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
26 institutions have SBA 7(a) loans on record in Pacific, together $41.9M across 52 loans. Readycap Lending, LLC is the largest, with 19% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Readycap Lending, LLC | 4 | $7.8M | 18.7% | 0.00% |
| 2 | Celtic Bank Corporation | 3 | $5.2M | 12.4% | 0.00% |
| 3 | Timberland Bank | 3 | $5.0M | 11.9% | 58.64% |
| 4 | Open Bank | 1 | $4.2M | 10.1% | 0.00% |
| 5 | Banesco USA | 1 | $3.5M | 8.4% | 0.00% |
| 6 | BayFirst National Bank | 1 | $3.4M | 8.1% | 0.00% |
| 7 | UniBank | 1 | $1.3M | 3.1% | 0.00% |
| 8 | First-Citizens Bank & Trust Company | 1 | $1.3M | 3.0% | 0.00% |
| 9 | Columbia Bank | 5 | $1.2M | 2.9% | 23.82% |
| 10 | KeyBank National Association | 6 | $1.2M | 2.9% | 0.00% |
| 11 | Bank of Hope | 2 | $1.0M | 2.5% | 0.00% |
| 12 | Commonwealth Business Bank | 1 | $1.0M | 2.4% | 0.00% |
| 13 | Citizens Bank | 1 | $968K | 2.3% | 0.00% |
| 14 | Lender 2057189 | 1 | $792K | 1.9% | 0.00% |
| 15 | Banner Bank | 6 | $683K | 1.6% | 0.00% |
| 16 | Newtek Bank, National Association | 2 | $625K | 1.5% | 0.00% |
| 17 | United Business Bank | 1 | $615K | 1.5% | 0.00% |
| 18 | Banc of California | 1 | $515K | 1.2% | 0.00% |
| 19 | Gesa CU | 2 | $506K | 1.2% | 0.00% |
| 20 | Hana Small Business Lending, Inc. | 1 | $250K | 0.6% | 0.00% |
| 21 | Wells Fargo Bank National Association | 2 | $245K | 0.6% | 0.00% |
| 22 | Coastal Community Bank | 1 | $194K | 0.5% | 0.00% |
| 23 | Craft3 | 1 | $135K | 0.3% | 0.00% |
| 24 | First Interstate Bank | 1 | $95K | 0.2% | 0.00% |
| 25 | U.S. Bank, National Association | 2 | $27K | 0.1% | 0.00% |
| 26 | 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 | 6 | $11.3M | 26.8% |
| 2 | Retail trade | 12 | $9.8M | 23.3% |
| 3 | Professional & technical services | 2 | $6.9M | 16.6% |
| 4 | Accommodation & food services | 14 | $6.3M | 15.1% |
| 5 | Construction | 7 | $3.2M | 7.7% |
| 6 | Manufacturing | 1 | $2.0M | 4.8% |
| 7 | Other services | 1 | $630K | 1.5% |
| 8 | Utilities | 1 | $515K | 1.2% |
| 9 | Agriculture, forestry & fishing | 3 | $505K | 1.2% |
| 10 | Arts, entertainment & recreation | 1 | $376K | 0.9% |
| 11 | Educational services | 1 | $135K | 0.3% |
| 12 | Manufacturing | 1 | $121K | 0.3% |
| 13 | Transportation & warehousing | 2 | $100K | 0.2% |
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.