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SBA lenders in Salem, OR

SBA 7(a) and 504 loans to businesses in Salem (Marion County), October 2021 to June 30, 2026 · Updated October 15, 2026
253
SBA loans approved
$121.3M
Total approved
$100,000
Median loan
44
Lenders active
22%
To startups

253 SBA loans worth $121.3M went to businesses in Salem, OR between October 2021 and June 2026, from 44 lenders. Columbia Bank made the most, 54 loans. The median loan was $100,000, compared with $138,000 across Oregon, and construction was the most financed industry.

Most active SBA lenders in Salem

#LenderLoansApprovedMedian loanTo startups
1Columbia Bank
Bank · Roseburg, OR
54$8.0M$50,0002%
2U.S. Bank
Bank · Cincinnati, OH
39$6.6M$30,00028%
3Huntington National Bank
Bank · Columbus, OH
15$5.7M$296,00067%
4Northeast Bank
Bank · Portland, ME
15$1.8M$100,0007%
5Cascade Capital Funding
Certified development company · Salem, OR
14$6.8M$480,0000%
6Banc of California
Bank · Los Angeles, CA
12$18.6M$1,406,00025%
7KeyBank
Bank · Cleveland, OH
11$5.3M$50,30073%
8Wells Fargo Bank
Bank · Sioux Falls, SD
9$165K$15,000100%
9JPMorgan Chase Bank
Bank · Columbus, OH
8$5.1M$265,0000%
10Newtek Bank
Bank · Miami, FL
7$2.3M$246,0000%
11BayFirst National Bank
Bank · St. Petersburg, FL
6$995K$150,0000%
12Mortgage Capital Development
Certified development company · Oakland, CA
5$15.3M$2,758,0000%
13Readycap Lending
Non-bank lender · Berkeley Heights, NJ
5$5.4M$200,00040%
14Live Oak Banking
Bank · Wilmington, NC
5$1.7M$300,00020%
15Newtek Small Business Finance
Non-bank lender · Lake Success, NY
4$1.6M$200,00025%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Salem. For 504 loans the lender shown is the certified development company.

What gets financed in Salem

IndustryLoansShareMedian loanMost active lender
Construction37
15%
$50,000U.S. Bank
Retail32
13%
$175,000Columbia Bank
Professional and technical services27
11%
$97,000Columbia Bank
Restaurants and hotels23
9%
$143,200U.S. Bank
Other services (repair, personal care)22
9%
$50,000U.S. Bank
Health care and social assistance19
8%
$358,000Cascade Capital Funding
Manufacturing19
8%
$50,000Columbia Bank
Arts, entertainment and recreation16
6%
$344,000Huntington National Bank
Loan size mix
  • Under $150,00053%
  • $150,000 to $500,00023%
  • $500,000 to $2 million19%
  • $2 million and up6%
Compared with Oregon
Median loan, Salem
$100,000
Median loan, Oregon
$138,000
Startup share, Salem
22%
Startup share, Oregon
25%
Share of state's SBA loans
5.2%

SBA loans per fiscal year in Salem

0234770FY14: 40 loansFY14FY15: 39 loansFY15FY16: 31 loansFY16FY17: 34 loansFY17FY18: 44 loansFY18FY19: 62 loansFY19FY20: 55 loansFY20FY21: 42 loansFY21FY22: 55 loansFY22FY23: 44 loansFY23FY24: 61 loansFY24FY25: 63 loansFY2563FY26 (Oct to Jun): 30 loansFY2630
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
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.