SBA 7(a) lenders in Thurston, WA

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

96 institutions have SBA 7(a) loans on record in Thurston, together $563.5M across 1,026 loans. Timberland Bank is the largest, with 11% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Timberland Bank	142	$61.4M	10.9%	5.82%
2	Hanmi Bank	26	$35.6M	6.3%	0.00%
3	Readycap Lending, LLC	25	$32.1M	5.7%	0.00%
4	Sound Credit Union	72	$29.6M	5.3%	3.10%
5	Columbia Bank	133	$26.8M	4.8%	1.64%
6	KeyBank National Association	87	$26.3M	4.7%	0.56%
7	U.S. Bank, National Association	66	$25.9M	4.6%	0.29%
8	Heritage Bank	40	$21.4M	3.8%	3.24%
9	Live Oak Banking Company	11	$21.3M	3.8%	0.00%
10	UniBank	20	$21.2M	3.8%	2.57%
11	Open Bank	11	$19.8M	3.5%	0.00%
12	Bank of Hope	33	$18.9M	3.4%	4.35%
13	PCB Bank	8	$16.1M	2.9%	0.00%
14	First Interstate Bank	4	$13.1M	2.3%	0.00%
15	Wells Fargo Bank National Association	39	$9.1M	1.6%	1.89%
16	O Bee Credit Union	7	$9.0M	1.6%	0.00%
17	Mountain Pacific Bank	6	$8.6M	1.5%	0.00%
18	Hana Small Business Lending, Inc.	6	$8.4M	1.5%	0.00%
19	Harborstone CU	13	$8.0M	1.4%	0.37%
20	Mechanics Bank	12	$7.9M	1.4%	4.32%
21	Commencement Bank	9	$6.8M	1.2%	1.30%
22	Gesa CU	10	$6.8M	1.2%	0.00%
23	Enterprise Bank & Trust	7	$6.4M	1.1%	0.00%
24	Commonwealth Business Bank	6	$6.4M	1.1%	0.00%
25	Woori America Bank	3	$6.2M	1.1%	0.00%
26	Celtic Bank Corporation	7	$5.5M	1.0%	0.84%
27	Community State Bank	2	$5.3M	0.9%	0.00%
28	First Internet Bank of Indiana	1	$5.0M	0.9%	0.00%
29	JPMorgan Chase Bank, National Association	23	$4.9M	0.9%	1.57%
30	North State Bank	1	$4.5M	0.8%	0.00%
31	FFB Bank	2	$4.1M	0.7%	0.00%
32	BMO Bank National Association	4	$4.1M	0.7%	4.94%
33	The Huntington National Bank	14	$3.3M	0.6%	0.00%
34	Grow America Fund, Incorporated	3	$3.2M	0.6%	0.00%
35	Platinum Bank	2	$3.2M	0.6%	0.00%
36	US Metro Bank	2	$3.2M	0.6%	0.00%
37	Mid Oregon Credit Union	1	$2.9M	0.5%	0.00%
38	BankUnited, National Association	1	$2.7M	0.5%	0.00%
39	Mechanics and Farmers Bank	1	$2.7M	0.5%	0.00%
40	Citizens Bank	3	$2.7M	0.5%	0.00%
41	Harvest Small Business Finance, LLC	6	$2.6M	0.5%	0.00%
42	Olympia Federal Savings and Loan Association	9	$2.6M	0.5%	0.00%
43	First-Citizens Bank & Trust Company	6	$2.6M	0.5%	0.00%
44	VelocitySBA, LLC	5	$2.5M	0.4%	1.09%
45	Newtek Small Business Finance, Inc.	7	$2.4M	0.4%	0.00%
46	Banner Bank	5	$2.3M	0.4%	6.50%
47	Northeast Bank	12	$2.3M	0.4%	0.00%
48	Newtek Bank, National Association	11	$2.1M	0.4%	0.00%
49	GBC International Bank	4	$2.0M	0.4%	0.00%
50	United Midwest Savings Bank National Association	11	$2.0M	0.4%	10.01%
51	Southwestern National Bank	1	$1.9M	0.3%	0.00%
52	East West Bank	3	$1.8M	0.3%	0.00%
53	American Continental Bank	2	$1.8M	0.3%	0.00%
54	PNC Bank, National Association	1	$1.6M	0.3%	0.00%
55	Genesis Bank	1	$1.6M	0.3%	38.58%
56	Port 51 Lending LLC	2	$1.5M	0.3%	0.00%
57	Royal Business Bank	1	$1.5M	0.3%	0.00%
58	Bank of the Pacific	4	$1.3M	0.2%	0.00%
59	BayFirst National Bank	7	$1.2M	0.2%	21.91%
60	Alaska Growth Capital BIDCO, Inc.	1	$1.0M	0.2%	0.00%
61	Bank of America, National Association	16	$940K	0.2%	7.34%
62	1st Security Bank of Washington	3	$920K	0.2%	0.00%
63	Evolve Bank and Trust	1	$840K	0.1%	0.00%
64	Washington Trust Bank	2	$785K	0.1%	0.00%
65	Community West Bank	1	$735K	0.1%	0.00%
66	Beacon Business Bank National Association	1	$703K	0.1%	0.00%
67	The Bancorp Bank National Association	2	$674K	0.1%	0.00%
68	America First Federal Credit Union	1	$659K	0.1%	0.00%
69	United Bank of Philadelphia	2	$580K	0.1%	0.00%
70	WaFd Bank	2	$578K	0.1%	0.00%
71	Five Star Bank	2	$500K	0.1%	0.00%
72	Beneficial State Bank	1	$500K	0.1%	0.00%
73	First Merchants Bank	1	$484K	0.1%	0.00%
74	First Financial Bank	1	$430K	0.1%	0.00%
75	FDIC - Community Bank & Trust-West Georgia	1	$416K	0.1%	0.00%
76	Stearns Bank National Association	2	$330K	0.1%	0.00%
77	Simmons Bank	1	$312K	0.1%	0.00%
78	Lendistry SBLC, LLC	1	$305K	0.1%	0.00%
79	Seattle Economic Development Fund dba Community Ca	3	$305K	0.1%	0.00%
80	Community First Bank of Indiana	1	$300K	0.1%	0.00%
81	Metro City Bank	1	$300K	0.1%	0.00%
82	First Business Bank	1	$289K	0.1%	0.00%
83	Northwest Bank	1	$270K	0.0%	0.00%
84	Capital Bank, National Association	1	$250K	0.0%	0.00%
85	Craft3	1	$250K	0.0%	0.00%
86	Seacoast National Bank	1	$250K	0.0%	0.00%
87	United Business Bank	1	$225K	0.0%	0.00%
88	America's Credit Union, A FCU	1	$210K	0.0%	0.00%
89	Evergreen Business Capital	1	$188K	0.0%	88.55%
90	Numerica CU	2	$182K	0.0%	0.00%
91	Arizona Capital Source	1	$150K	0.0%	0.00%
92	First Bank of the Lake	1	$150K	0.0%	0.00%
93	Independence Bank	2	$150K	0.0%	69.87%
94	Meridian Bank	1	$120K	0.0%	0.00%
95	Peak Credit Union	2	$115K	0.0%	0.00%
96	Bank Five Nine	1	$100K	0.0%	67.33%

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	138	$132.4M	23.5%
2	Accommodation & food services	164	$96.4M	17.1%
3	Retail trade	74	$56.5M	10.0%
4	Health care & social assistance	101	$37.0M	6.6%
5	Other services	78	$37.0M	6.6%
6	Real estate & leasing	29	$34.6M	6.1%
7	Professional & technical services	94	$29.8M	5.3%
8	Arts, entertainment & recreation	37	$24.2M	4.3%
9	Construction	93	$21.5M	3.8%
10	Manufacturing	22	$15.9M	2.8%
11	Wholesale trade	24	$13.4M	2.4%
12	Finance & insurance	20	$13.1M	2.3%
13	Manufacturing	27	$11.9M	2.1%
14	Transportation & warehousing	35	$11.6M	2.1%
15	Agriculture, forestry & fishing	17	$7.2M	1.3%
16	Educational services	15	$6.2M	1.1%
17	Administrative & waste services	43	$5.9M	1.0%
18	Transportation & warehousing	5	$5.4M	1.0%
19	Manufacturing	6	$2.4M	0.4%
20	Information	4	$1.1M	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.