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Washington · Construction
SBA loans for construction in Washington
3,443 loans worth $1.12B approved since FY2010 for construction projects located in Washington.
Loans
3,443
Approved
$1.12B
Median loan
$100,000
+0% vs sector nationally
Median rate
7.75%
Jobs supported
30,860
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 construction in Washington
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Evergreen Business Capital | 108 | $82.1M | |
| U.S. Bank | 681 | $81.4M | |
| Banner Bank | 367 | $77.7M | |
| Northwest Business Development Association | 96 | $73.9M | |
| KeyBank | 234 | $71.9M | |
| Columbia Bank | 351 | $68.1M | |
| Washington Trust Bank | 87 | $52.8M | |
| Wells Fargo Bank | 170 | $45.8M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for construction in Washington since FY2010 was $100,000. 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.
Construction nationally
115,753 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to construction businesses in Washington?
- 3,443 SBA loans totalling $1,122,498,100 have been approved for construction projects in Washington since FY2010.
- Which lenders finance construction in Washington?
- The most active by dollars approved are Evergreen Business Capital, U.S. Bank, Banner Bank, Northwest Business Development Association. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for construction in Washington?
- The median approval is $100,000.
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