60 SBA loans worth $45.4M went to businesses in Mount Vernon, WA between October 2021 and June 2026, from 24 lenders. U.S. Bank made the most, 13 loans. The median loan was $242,500, compared with $200,000 across Washington, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | U.S. Bank Bank · Cincinnati, OH | 13 | $5.4M | $40,000 | 69% |
| 2 | Northwest Business Development Association Certified development company · Spokane Valley, WA | 9 | $5.8M | $511,000 | 11% |
| 3 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 5 | $4.8M | $500,000 | 0% |
| 4 | Live Oak Banking Bank · Wilmington, NC | 4 | $6.0M | $500,000 | 100% |
| 5 | Northeast Bank Bank · Portland, ME | 4 | $896K | $173,150 | 0% |
| 6 | Hanmi Bank Bank · Los Angeles, CA | 2 | $2.4M | $1,182,000 | 0% |
| 7 | Mountain Pacific Bank Bank · Everett, WA | 2 | $1.2M | $616,750 | 0% |
| 8 | Heritage Bank Bank · Olympia, WA | 2 | $418K | $208,850 | 100% |
| 9 | Banner Bank Bank · Walla Walla, WA | 2 | $101K | $50,350 | 0% |
| 10 | Columbia Bank Bank · Roseburg, OR | 2 | $85K | $42,500 | 50% |
| 11 | KeyBank Bank · Cleveland, OH | 2 | $55K | $27,500 | 50% |
| 12 | Celtic Bank Bank · Salt Lake City, UT | 1 | $5.0M | $5,000,000 | 100% |
| 13 | Open Bank Bank · Los Angeles, CA | 1 | $3.2M | $3,210,000 | 0% |
| 14 | Ameritrust CDC Certified development company · Edmonds, WA | 1 | $2.4M | $2,423,000 | 100% |
| 15 | American Continental Bank Bank · City Of Industry, CA | 1 | $2.4M | $2,390,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 14 | $375,000 | Northeast Bank | |
| Retail | 12 | $646,500 | Heritage Bank | |
| Health care and social assistance | 8 | $477,000 | Live Oak Banking | |
| Construction | 7 | $40,000 | U.S. Bank | |
| Transportation and warehousing | 5 | $50,700 | Banner Bank | |
| Professional and technical services | 4 | $960,600 | Harborstone CU | |
| Administrative and support services | 4 | $157,000 | Readycap Lending | |
| Manufacturing | 2 | $465,500 | Northwest Business Development Association |