Oregon SBA lending, from federal loan records
SBA Lenders Actively Funding Businesses in Oregon
Since FY2020, 173 lenders have funded 5,791 SBA loans worth $3.1B for businesses in Oregon. Borrowers reported 48,633 jobs supported by those loans. Below is who actually writes them, how big they run, and which Oregon businesses get funded.
Most active SBA lenders in Oregon
Ranked by loans funded for Oregon projects since FY2020, not by advertising budget. A lender headquartered elsewhere that funds heavily in Oregon beats a local name that rarely writes SBA loans.
| Lender | Program | OR loans since FY2020 | Since FY2025 | Median loan | Median rate |
|---|---|---|---|---|---|
| Columbia Bank | 7(a) | 1,159 | 391 | $50K | 11.75% |
| U.S. Bank, National Association | 7(a) | 827 | 275 | $40K | 8.74% |
| KeyBank National Association | 7(a) | 274 | 65 | $192K | 9% |
| Banner Bank | 7(a) | 262 | 74 | $84K | 8.25% |
| Wells Fargo Bank National Association | 7(a) | 230 | 49 | $135K | 8.25% |
| Evergreen Business Capital | 504 (CDC) | 213 | 31 | $620K | n/a |
| The Huntington National Bank | 7(a) | 168 | 53 | $291K | 10.25% |
| Readycap Lending, LLC | 7(a) | 163 | 58 | $304K | 10.5% |
| Live Oak Banking Company | 7(a) | 160 | 43 | $775K | 8.07% |
| Banc of California | 7(a) | 121 | 29 | $1.4M | 5.74% |
| BayFirst National Bank | 7(a) | 111 | 31 | $150K | 12.25% |
| JPMorgan Chase Bank, National Association | 7(a) | 104 | 30 | $200K | 10.4% |
| Newtek Bank, National Association | 7(a) | 103 | 69 | $200K | 11% |
| Northeast Bank | 7(a) | 97 | 68 | $100K | 10.75% |
| Cascade Capital Funding | 504 (CDC) | 92 | 20 | $647K | n/a |
| Northwest Business Development Association | 504 (CDC) | 91 | 15 | $657K | n/a |
| Celtic Bank Corporation | 7(a) | 86 | 39 | $150K | 9.75% |
| Summit Bank | 7(a) | 73 | 14 | $585K | 9% |
| First Interstate Bank | 7(a) | 72 | 23 | $263K | 8.5% |
| Mortgage Capital Development Corporation | 504 (CDC) | 71 | 41 | $1.3M | n/a |
| United Midwest Savings Bank National Association | 7(a) | 61 | 20 | $317K | 9.5% |
| 1st Security Bank of Washington | 7(a) | 56 | 10 | $25K | 7.25% |
| Washington Trust Bank | 7(a) | 50 | 21 | $175K | 9.5% |
| Enterprise Bank & Trust | 7(a) | 48 | 13 | $816K | 5.5% |
| Newtek Small Business Finance, Inc. | 7(a) | 42 | 0 | $242K | 6% |
504 loans are written by Certified Development Companies alongside a bank first mortgage. The 504 file reports no interest rate, so CDC rows show none.
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Start your funding profile →How big Oregon SBA loans run
Share of Oregon 7(a) loans by approval size, next to the national split. If your ask sits in a common band, it is the kind of loan lenders here fund every week.
| 7(a) loan size | OR | US |
|---|---|---|
| Under $150K | 50.8% | 40.4% |
| $150K to $500K | 22.6% | 31.9% |
| $500K to $1M | 11.7% | 12.9% |
| $1M and up | 14.9% | 14.9% |
Who gets funded in Oregon
Business age on Oregon 7(a) loans. 9.5% funded a change of ownership, against 11.1% nationally. Buying a business? See the acquisition lender shortlist. Starting one? See startup-friendly lenders.
| Business stage | OR | US |
|---|---|---|
| Established, more than 2 years | 64.5% | 55.2% |
| New, 2 years or less | 18.3% | 16.9% |
| Startup, loan opens the business | 7.7% | 16.8% |
| Change of ownership (buying a business) | 9.5% | 11.1% |
Industries Oregon SBA lenders fund most
Share of all Oregon SBA loans by industry, and how that compares with the national mix.
| Industry | OR loans | Share | Compared with US |
|---|---|---|---|
| Construction | 944 | 16.3% | 1.3x the national share |
| Retail | 795 | 13.7% | in line with national |
| Restaurants and hotels | 682 | 11.8% | in line with national |
| Professional services | 536 | 9.3% | in line with national |
| Healthcare | 504 | 8.7% | in line with national |
| Personal and repair services | 477 | 8.2% | 0.8x the national share |
| Manufacturing | 471 | 8.1% | 1.2x the national share |
| Business support services | 282 | 4.9% | in line with national |
The most common specific business types funded in Oregon: full-service restaurants (222), residential remodelers (176), limited-service restaurants (159), hotels (except casino hotels) and motels (112), plumbing, heating, and air-conditioning contractors (105), all other specialty trade contractors (102).
Where in Oregon the loans go
| County | SBA loans since FY2020 | Share of state |
|---|---|---|
| Multnomah | 1,175 | 20% |
| Washington | 750 | 13% |
| Clackamas | 680 | 12% |
| Lane | 482 | 8% |
| Marion | 472 | 8% |
| Deschutes | 402 | 7% |
| Jackson | 315 | 5% |
| Yamhill | 143 | 2% |
7(a) or 504 in Oregon
9% of Oregon SBA loans are 504 loans, against 12% nationally. A 504 loan funds owner-occupied real estate or major equipment, with a median of $668K here. A 7(a) loan covers almost anything else, including working capital and buying a business. The busiest 504 lenders in Oregon:
- Evergreen Business Capital: 211 504 loans, median $642K
- Cascade Capital Funding: 92 504 loans, median $647K
- Northwest Business Development Association: 91 504 loans, median $657K
- Mortgage Capital Development Corporation: 71 504 loans, median $1.3M
- C.C.D. Business Development Corporation: 17 504 loans, median $411K
Oregon SBA lending by year
| Fiscal year | 7(a) loans | 504 loans | Dollars |
|---|---|---|---|
| FY2020 | 634 | 75 | $381M |
| FY2021 | 678 | 118 | $569M |
| FY2022 | 617 | 96 | $463M |
| FY2023 | 689 | 50 | $448M |
| FY2024 | 932 | 48 | $344M |
| FY2025 | 1,075 | 71 | $547M |
| FY2026 (through June 30, 2026) | 666 | 42 | $347M |
The SBA fiscal year runs October through September.
Common questions
Who is the most active SBA lender in Oregon?
By funded loans since FY2020, Columbia Bank leads Oregon with 1,159 loans.
How big is a typical SBA loan in Oregon?
The median 7(a) loan in Oregon is $131K, and the middle half runs from $36K to $500K. The median 504 loan is $668K. Nationally the 7(a) median is $200K.
What interest rate do Oregon SBA borrowers get?
The median starting rate on Oregon 7(a) loans since FY2020 is 9.24%, against 9.25% nationally. 84% of those loans carry a variable rate, which moves with the prime rate.
Can a startup get an SBA loan in Oregon?
Yes. 26% of Oregon 7(a) loans with a reported business age went to startups or businesses two years old or younger, against 34% nationally. Lenders still expect a solid plan, owner equity and usually collateral.
Sources and limits. Derived from U.S. Small Business Administration 7(a) and 504 FOIA loan-level records, FY2020 through June 30, 2026, for projects located in Oregon. Cancelled approvals are excluded. Jobs supported are as reported by borrowers. Figures describe past lending activity only and are not offers, quotes, or qualification decisions. Big Brain Funding is not a lender and is not affiliated with any lender listed.