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SBA lenders in Lynnwood, WA

SBA 7(a) and 504 loans to businesses in Lynnwood (Snohomish County), October 2021 to June 30, 2026 · Updated October 15, 2026
141
SBA loans approved
$99.2M
Total approved
$350,000
Median loan
47
Lenders active
31%
To startups

141 SBA loans worth $99.2M went to businesses in Lynnwood, WA between October 2021 and June 2026, from 47 lenders. U.S. Bank made the most, 14 loans. The median loan was $350,000, compared with $200,000 across Washington, and health care and social assistance was the most financed industry.

Most active SBA lenders in Lynnwood

#LenderLoansApprovedMedian loanTo startups
1U.S. Bank
Bank · Cincinnati, OH
14$17.6M$1,016,60036%
2KeyBank
Bank · Cleveland, OH
12$8.3M$197,50075%
3Columbia Bank
Bank · Roseburg, OR
9$2.8M$40,00033%
4Northeast Bank
Bank · Portland, ME
9$1.5M$50,00011%
5Banner Bank
Bank · Walla Walla, WA
8$2.5M$150,0000%
6Newtek Bank
Bank · Miami, FL
8$2.3M$275,0000%
7Huntington National Bank
Bank · Columbus, OH
6$2.4M$350,00067%
8Gesa CU
Credit union · Richland, WA
5$3.6M$486,0000%
9UniBank
Bank · Lynnwood, WA
5$1.6M$245,00020%
10BayFirst National Bank
Bank · St. Petersburg, FL
5$1.3M$150,0000%
11Washington Trust Bank
Bank · Spokane, WA
4$9.2M$2,457,50025%
12Live Oak Banking
Bank · Wilmington, NC
3$4.2M$1,375,0000%
13Bank of America
Bank · Charlotte, NC
3$1.4M$370,0000%
14Bank of Hope
Bank · Los Angeles, CA
3$1.3M$150,0000%
15Celtic Bank
Bank · Salt Lake City, UT
3$962K$150,00033%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Lynnwood. For 504 loans the lender shown is the certified development company.

What gets financed in Lynnwood

IndustryLoansShareMedian loanMost active lender
Health care and social assistance23
16%
$490,000Columbia Bank
Construction20
14%
$241,650U.S. Bank
Restaurants and hotels20
14%
$395,700UniBank
Retail19
13%
$228,600Banner Bank
Other services (repair, personal care)18
13%
$368,500U.S. Bank
Professional and technical services12
9%
$137,500Newtek Bank
Administrative and support services7
5%
$205,000Columbia Bank
Arts, entertainment and recreation7
5%
$661,800Huntington National Bank
Loan size mix
  • Under $150,00026%
  • $150,000 to $500,00038%
  • $500,000 to $2 million25%
  • $2 million and up11%
Compared with Washington
Median loan, Lynnwood
$350,000
Median loan, Washington
$200,000
Startup share, Lynnwood
31%
Startup share, Washington
29%
Share of state's SBA loans
1.6%

SBA loans per fiscal year in Lynnwood

0173350FY14: 31 loansFY14FY15: 36 loansFY15FY16: 24 loansFY16FY17: 40 loansFY1740FY18: 35 loansFY18FY19: 29 loansFY19FY20: 21 loansFY20FY21: 18 loansFY21FY22: 22 loansFY22FY23: 25 loansFY23FY24: 39 loansFY24FY25: 30 loansFY25FY26 (Oct to Jun): 25 loansFY2625
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.