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Bank · Bellingham, WA

Peoples Bank: SBA lending profile

SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026 · Lender website
62
SBA loans approved
$27.5M
Total approved
$273,500
Median loan
2
States lent in
11%
To startups
#485
National rank by loans

Peoples Bank approved 62 SBA loans worth $27.5M between October 2021 and June 2026, ranking #485 of 2,283 SBA lenders nationally by loan count. Its median loan was $273,500, and 11% went to startups or businesses under two years old. It lent in 2 states, most often in Washington, and its most financed industry was construction.

SBA loans per fiscal year

0132740FY14: 33 loansFY1433FY15: 17 loansFY15FY16: 9 loansFY16FY17: 5 loansFY17FY18: 2 loansFY18FY19: 4 loansFY19FY20: 3 loansFY20FY21: 7 loansFY21FY22: 5 loansFY22FY23: 22 loansFY23FY24: 12 loansFY24FY25: 13 loansFY25FY26 (Oct to Jun): 10 loansFY2610
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where Peoples Bank lends

StateLoansApprovedMedian loanRank in state
Washington61$27.5M$297,000#32
Oregon1$50K$50,000#151

Industries Peoples Bank finances

IndustryLoansShareMedian loan
Construction17
27%
$467,000
Other services (repair, personal care)15
24%
$197,000
Retail11
18%
$345,000
Restaurants and hotels6
10%
$313,000
Professional and technical services4
6%
$198,500
Transportation and warehousing3
5%
$73,000
Arts, entertainment and recreation2
3%
$262,200
Administrative and support services1
2%
$500,000
Manufacturing1
2%
$950,000
Health care and social assistance1
2%
$574,000
Loan size mix
  • Under $150,00034%
  • $150,000 to $500,00032%
  • $500,000 to $2 million32%
  • $2 million and up2%
Loan programs used
  • Preferred Lender (PLP)60%
  • SBA Express35%
  • Contract CAPLine2%
  • Builders CAPLine2%
  • CAPLines2%
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.