Summit Bank approved 63 SBA loans worth $68.3M between October 2021 and June 2026, ranking #480 of 2,283 SBA lenders nationally by loan count. Its median loan was $585,000, and 32% went to startups or businesses under two years old. It lent in 4 states, most often in Oregon, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Oregon | 55 | $59.1M | $585,000 | #20 |
| Washington | 5 | $7.7M | $743,000 | #103 |
| Idaho | 2 | $1.2M | $612,650 | #93 |
| Arizona | 1 | $300K | $300,000 | #213 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 9 | $784,100 | |
| Construction | 8 | $591,500 | |
| Arts, entertainment and recreation | 8 | $798,850 | |
| Health care and social assistance | 8 | $539,100 | |
| Retail | 7 | $333,000 | |
| Other services (repair, personal care) | 5 | $427,200 | |
| Wholesale trade | 4 | $1,738,250 | |
| Professional and technical services | 4 | $992,150 | |
| Administrative and support services | 3 | $1,044,700 | |
| Education | 2 | $350,000 |