Access the Top SBA Lending for Washington Small Business
Washington State is famed for its culture and breathtaking scenery offering a setting for small business triumphs. From the city of Seattle to the shores of Puget Sound entrepreneurs discover abundant opportunities to thrive. With premier SBA lending programs at their disposal small businesses in Washington can harness support to fuel their growth and innovation.
Washington
The Evergreen State
644,868 small businesses
1,400,000 small business employees
Source: US SBA Office of Advocacy - 2023 Report
Up to $500K Available
8.5% as of 2/2024 | 2 weeks to fund
If you are a small business owner considering an SBA loan, we suggest doing one of two things:

See if you qualify by taking 3 minutes to fill out the Application here.

This is the fastest way to get answers about an SBA loan. It will provide us with everything needed to get an approval.
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Business Dynamic of Washington
Between March 2021 and March 2022, 41,711 Washington establishments opened and 20,297 closed, for a net increase of 21,414. Employment expanded at 60,150 establishments and contracted at 44,128. Small businesses accounted for 29,963 openings and 13,419 closings.
Establishments in Washington
Employment in Washington
Between March 2021 and March 2022, 41,711 Washington establishments opened and 20,297 closed, for a net increase of 21,414. Employment expanded at 60,150 establishments and contracted at 44,128. Small businesses accounted for 29,963 openings and 13,419 closings.
Source: Business Employment Dynamics (BLS)
Small Business Loans in Washington
The Community Reinvestment Act requires large banks to report new small business loans. In 2021, reporting banks issued $2.2 billion in loans to Washington businesses with revenues of $1 million or less. Total reported new lending to businesses through loans of $100,000 or less was $2.5 billion. Total reported new lending to businesses through loans of $1 million or less was $7.4 billion.
New lending to businesses with revenues under $1 million
Source: CRA Aggregate Data (FFIEC)
Industries and Employment of Washington's Small Businesses
Source: Business Employment Dynamics (BLS)
Business Ownership Share by Demographic in Washington
Business Count by Demographic in Washington
Total Washington Employement by Business Size
Small Business Employment and Payroll by Industry in Washington
Source: Business Employment Dynamics (BLS)