120 SBA loans worth $85.1M went to businesses in Redmond, WA between October 2021 and June 2026, from 35 lenders. Banner Bank made the most, 15 loans. The median loan was $257,000, compared with $200,000 across Washington, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Banner Bank Bank · Walla Walla, WA | 15 | $7.4M | $300,000 | 0% |
| 2 | Columbia Bank Bank · Roseburg, OR | 10 | $6.1M | $50,000 | 0% |
| 3 | Washington Trust Bank Bank · Spokane, WA | 9 | $8.6M | $500,000 | 0% |
| 4 | Huntington National Bank Bank · Columbus, OH | 7 | $4.7M | $363,000 | 43% |
| 5 | JPMorgan Chase Bank Bank · Columbus, OH | 7 | $2.1M | $280,000 | 57% |
| 6 | Wells Fargo Bank Bank · Sioux Falls, SD | 7 | $1.3M | $26,100 | 86% |
| 7 | Newtek Bank Bank · Miami, FL | 6 | $7.0M | $750,000 | 0% |
| 8 | KeyBank Bank · Cleveland, OH | 6 | $6.1M | $295,750 | 50% |
| 9 | BayFirst National Bank Bank · St. Petersburg, FL | 5 | $750K | $150,000 | 0% |
| 10 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 4 | $3.2M | $100,000 | 0% |
| 11 | Celtic Bank Bank · Salt Lake City, UT | 4 | $3.1M | $937,700 | 100% |
| 12 | Bank of America Bank · Charlotte, NC | 4 | $871K | $220,000 | 0% |
| 13 | Northeast Bank Bank · Portland, ME | 4 | $611K | $155,450 | 0% |
| 14 | Live Oak Banking Bank · Wilmington, NC | 3 | $8.4M | $3,195,000 | 33% |
| 15 | U.S. Bank Bank · Cincinnati, OH | 3 | $2.9M | $349,700 | 33% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 15 | $250,000 | Banner Bank | |
| Manufacturing | 15 | $250,000 | BayFirst National Bank | |
| Professional and technical services | 14 | $325,000 | Banner Bank | |
| Restaurants and hotels | 13 | $350,000 | KeyBank | |
| Education | 13 | $300,000 | Wells Fargo Bank | |
| Other services (repair, personal care) | 11 | $200,000 | 1st Security Bank of Washington | |
| Retail | 10 | $150,000 | JPMorgan Chase Bank | |
| Health care and social assistance | 9 | $150,000 | Sound Credit Union |