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Washington · Utilities
SBA loans for utilities in Washington
30 loans worth $13.8M approved since FY2010 for utilities projects located in Washington.
Loans
30
Approved
$13.8M
Median loan
$235,750
+47% vs sector nationally
Median rate
5.90%
Jobs supported
531
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 utilities in Washington
| Lender | Loans | Approved | Share |
|---|---|---|---|
| RiverBank | 1 | $3.6M | |
| Banc of California | 2 | $2.0M | |
| Washington Trust Bank | 3 | $1.6M | |
| Alaska Growth Capital BIDCO, Inc. | 1 | $1.5M | |
| Columbia Bank | 3 | $1.2M | |
| Banner Bank | 4 | $1.2M | |
| Wells Fargo Bank | 5 | $712K | |
| Harborstone CU | 2 | $502K |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for utilities in Washington since FY2010 was $235,750. 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.
Utilities nationally
1,100 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to utilities businesses in Washington?
- 30 SBA loans totalling $13,808,400 have been approved for utilities projects in Washington since FY2010.
- Which lenders finance utilities in Washington?
- The most active by dollars approved are RiverBank, Banc of California, Washington Trust Bank, Alaska Growth Capital BIDCO, Inc.. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for utilities in Washington?
- The median approval is $235,750, 47% above the national median for this sector ($160,000).
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