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Washington · Restaurants & Hotels
SBA loans for restaurants & hotels in Washington
4,444 loans worth $3.10B approved since FY2010 for accommodation and food services projects located in Washington.
Loans
4,444
Approved
$3.10B
Median loan
$301,900
+1% vs sector nationally
Median rate
6.25%
Jobs supported
67,714
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to restaurants & hotels in Washington
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Bank of Hope | 243 | $349.0M | |
| UniBank | 163 | $157.7M | |
| Northwest Business Development Association | 128 | $148.3M | |
| Open Bank | 83 | $142.3M | |
| Evergreen Business Capital | 123 | $141.9M | |
| Ameritrust CDC | 92 | $141.7M | |
| KeyBank | 278 | $117.2M | |
| Columbia Bank | 306 | $105.5M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for restaurants & hotels in Washington since FY2010 was $301,900. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in Washington
27,802 loans across every sector.
Restaurants & Hotels nationally
137,471 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to restaurants & hotels businesses in Washington?
- 4,444 SBA loans totalling $3,096,428,500 have been approved for accommodation and food services projects in Washington since FY2010.
- Which lenders finance restaurants & hotels in Washington?
- The most active by dollars approved are Bank of Hope, UniBank, Northwest Business Development Association, Open Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for restaurants & hotels in Washington?
- The median approval is $301,900.
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