26 SBA loans worth $10.2M went to businesses in Oak Harbor, WA between October 2021 and June 2026, from 11 lenders. Heritage Bank made the most, 6 loans. The median loan was $188,250, compared with $200,000 across Washington, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Heritage Bank Bank · Olympia, WA | 6 | $1.0M | $150,000 | 0% |
| 2 | Harborstone CU Credit union · Lakewood, WA | 5 | $1.6M | $183,500 | 20% |
| 3 | U.S. Bank Bank · Cincinnati, OH | 4 | $1.1M | $265,550 | 50% |
| 4 | Peoples Bank Bank · Bellingham, WA | 3 | $1.4M | $477,000 | 0% |
| 5 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 2 | $1.7M | $850,000 | 100% |
| 6 | Gesa CU Credit union · Richland, WA | 1 | $1.7M | $1,690,000 | 0% |
| 7 | Southwestern National Bank Bank · Houston, TX | 1 | $1.2M | $1,181,000 | 0% |
| 8 | Northwest Business Development Association Certified development company · Spokane Valley, WA | 1 | $475K | $475,000 | 0% |
| 9 | Northeast Bank Bank · Portland, ME | 1 | $40K | $40,000 | 0% |
| 10 | Timberland Bank Bank · Hoquiam, WA | 1 | $40K | $40,000 | 0% |
| 11 | Wells Fargo Bank Bank · Sioux Falls, SD | 1 | $20K | $20,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 6 | $166,750 | Harborstone CU | |
| Retail | 5 | $725,000 | U.S. Bank | |
| Administrative and support services | 4 | $88,250 | Harborstone CU | |
| Health care and social assistance | 2 | $276,500 | Harborstone CU | |
| Construction | 2 | $258,500 | Northeast Bank | |
| Real estate and rental | 2 | $239,500 | Heritage Bank | |
| Education | 1 | $20,000 | Wells Fargo Bank | |
| Professional and technical services | 1 | $475,000 | Northwest Business Development Association |