Local lending data
Who lends to businesses in Spokane County?
436 SBA 7(a) loans went to businesses in Spokane County recently, at a median of $150,000. The lenders that made them, ranked, with local rates and startup share.
436 SBA 7(a) loans went to businesses in Spokane County in the most recent fiscal years, at a median of $150,000. The most active lender was RiverBank, with 52 loans.
SBA lending in Spokane County, by the numbers
Every figure here is computed from SBA 7(a) loan-level FOIA data released 2026-06-30 — loans that were actually approved to businesses in this county, not advertised ranges.
| Measure | Spokane County | Washington | National |
|---|---|---|---|
| Loans approved | 436 | 6,051 | 214,102 |
| Median loan | $150,000 | $150,000 | $150,000 |
| 25th - 75th percentile | $50,000 - $467,475 | $50,000 - $500,000 | $50,000 - $500,000 |
| Median term | 10 years | 10 years | 10 years |
| Median initial rate | 9.75% | 10.25% | 10.25% |
| Share to startups | 29.8% | 29.4% | 33.6% |
| Charge-off rate, FY2010-19 | 5.6% | 4.9% | 7.1% |
| Jobs supported | 4,361 | 52,575 | 2,142,602 |
Which lenders actually funded them
Ranked by loans approved to businesses in Spokane County. The median, startup share and rate columns describe each lender's own loans in this county, not its national averages.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| RiverBank | 52 | $222,500 | 17% | 9.50% |
| Washington Trust Bank | 48 | $100,000 | 60% | 10.75% |
| Banner Bank | 44 | $99,850 | 18% | 9.00% |
| U.S. Bank | 29 | $30,000 | 45% | 8.99% |
| Columbia Bank | 28 | $50,000 | 7% | 12.50% |
| Numerica CU | 23 | $207,000 | 35% | 9.00% |
| Glacier Bank | 20 | $112,200 | 30% | 8.75% |
| First Interstate Bank | 20 | $151,200 | 10% | 9.12% |
| Idaho Central CU | 19 | $150,000 | 53% | 10.50% |
| The Huntington National Bank | 12 | $260,000 | 17% | 11.00% |
What stands out here
Reading these figures against the national picture:
- Loan sizes are typical. The median of $150,000 is within a few percent of the $150,000 national median across all 7(a) borrowers, so nothing about this market is unusual on size.
- Startup share is about average, at 30% against 34% nationally.
- No single lender dominates, but the top three made 33% of these loans, so the shortlist below covers most of the active market.
- Rates run lower here. The median initial rate of 9.75% is 0.50 points below the 10.25% national median, which usually tracks loan size and perceived sector risk rather than geography.
Who borrows in Spokane County
The mix of industries taking SBA loans here, led by construction.
| Sector | Loans | Share |
|---|---|---|
| Construction | 75 | 17.2% |
| Restaurants and Hotels | 63 | 14.4% |
| Retail | 55 | 12.6% |
| Personal Services | 49 | 11.2% |
| Healthcare | 40 | 9.2% |
| Manufacturing | 33 | 7.6% |
| Professional Services | 32 | 7.3% |
| Admin Services | 25 | 5.7% |
How to use this
- Shortlist three lenders from the table whose median loan in this county is close to what you need. Size match matters more than brand.
- Ask each whether they are a Preferred Lender and how many 7(a) loans they closed last year — see choosing an SBA lender.
- Check your coverage first with the affordability calculator, so you ask for a number your cash flow supports.
- Follow your sector link in the table above for lender data specific to your industry across Washington.
Other counties in Washington
- Nearby markets with published data: King County, Pierce County, Snohomish County, Clark County, Thurston County, Kitsap County, Whatcom County, Yakima County