Heritage Bank approved 191 SBA loans worth $126.1M between October 2021 and June 2026, ranking #222 of 2,283 SBA lenders nationally by loan count. Its median loan was $300,000, and 23% went to startups or businesses under two years old. It lent in 3 states, most often in Washington, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Washington | 156 | $106.7M | $327,500 | #18 |
| Oregon | 30 | $18.9M | $315,000 | #30 |
| Idaho | 5 | $573K | $125,000 | #56 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 24 | $804,500 | |
| Manufacturing | 23 | $201,000 | |
| Professional and technical services | 22 | $262,500 | |
| Construction | 20 | $300,000 | |
| Health care and social assistance | 19 | $181,500 | |
| Retail | 18 | $172,000 | |
| Other services (repair, personal care) | 15 | $200,000 | |
| Transportation and warehousing | 14 | $273,100 | |
| Wholesale trade | 12 | $1,103,350 | |
| Administrative and support services | 10 | $249,500 |