32 SBA loans worth $16.9M went to businesses in Ferndale, WA between October 2021 and June 2026, from 15 lenders. U.S. Bank made the most, 7 loans. The median loan was $198,000, compared with $200,000 across Washington, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | U.S. Bank Bank · Cincinnati, OH | 7 | $1.8M | $25,000 | 43% |
| 2 | Northwest Business Development Association Certified development company · Spokane Valley, WA | 4 | $4.4M | $1,006,500 | 0% |
| 3 | Banner Bank Bank · Walla Walla, WA | 4 | $415K | $72,500 | 25% |
| 4 | Harborstone CU Credit union · Lakewood, WA | 3 | $4.8M | $2,082,000 | 33% |
| 5 | KeyBank Bank · Cleveland, OH | 3 | $70K | $20,000 | 67% |
| 6 | Ameritrust CDC Certified development company · Edmonds, WA | 2 | $2.0M | $979,500 | 0% |
| 7 | Evergreen Business Capital Certified development company · Seattle, WA | 1 | $1.0M | $1,042,000 | 0% |
| 8 | Bank of America Bank · Charlotte, NC | 1 | $855K | $855,000 | 0% |
| 9 | Byline Bank Bank · Chicago, IL | 1 | $500K | $500,000 | 0% |
| 10 | Heritage Bank Bank · Olympia, WA | 1 | $350K | $350,000 | 0% |
| 11 | First Fed Bank Bank · Port Angeles, WA | 1 | $320K | $320,000 | 0% |
| 12 | RiverBank Bank · Spokane, WA | 1 | $268K | $268,000 | 0% |
| 13 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $150K | $150,000 | 0% |
| 14 | Peoples Bank Bank · Bellingham, WA | 1 | $73K | $73,000 | 0% |
| 15 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $30K | $30,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 8 | $50,000 | U.S. Bank | |
| Transportation and warehousing | 4 | $28,000 | KeyBank | |
| Administrative and support services | 3 | $320,000 | Banner Bank | |
| Arts, entertainment and recreation | 3 | $45,000 | Banner Bank | |
| Health care and social assistance | 3 | $253,100 | Northwest Business Development Association | |
| Retail | 3 | $500,000 | Bank of America | |
| Manufacturing | 3 | $2,135,000 | Harborstone CU | |
| Wholesale trade | 2 | $965,250 | U.S. Bank |