Lending data
Who actually lends to restaurants, bars, and hotels in Oregon?
383 SBA 7(a) loans went to restaurants, bars, and hotels in Oregon recently, at a median of $100,000. Here are the lenders that made them, ranked.
383 SBA 7(a) loans went to restaurants, bars, and hotels in Oregon in the most recent fiscal years. The median was $100,000 over 10 years. The most active lender was Columbia Bank, with 72 loans.
What lending to restaurants, bars, and hotels in Oregon actually looks like
Every figure on this page is computed from SBA 7(a) loan-level FOIA data released 2026-06-30. It reflects loans that were actually approved, not rate cards or advertised ranges.
| Measure | Restaurants, bars, and hotels, Oregon | All 7(a) borrowers |
|---|---|---|
| Loans approved | 383 | 214,102 |
| Median loan | $100,000 | $150,000 |
| 25th - 75th percentile | $40,000 - $500,000 | $50,000 - $500,000 |
| Median term | 10 years | 10 years |
| Median initial rate | 10.49% | 10.25% |
| Share to startups | 34.5% | 33.6% |
| Charge-off rate, FY2010-19 cohort | 4.5% | 7.1% |
Which lenders actually funded them
Ranked by loans approved to restaurants, bars, and hotels in Oregon. This is the list worth working from, because a lender that has funded dozens of businesses like yours in your state has seen your file before.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| Columbia Bank | 72 | $50,000 | 11% | 12.50% |
| U.S. Bank | 61 | $30,500 | 38% | 9.24% |
| The Huntington National Bank | 24 | $275,000 | 25% | 10.50% |
| KeyBank | 21 | $50,000 | 86% | 11.49% |
| Newtek Bank | 17 | $200,000 | 18% | 10.50% |
| Readycap Lending, LLC | 14 | $78,900 | 29% | 12.12% |
| Banner Bank | 13 | $50,000 | 15% | 10.00% |
| Wells Fargo Bank | 10 | $225,750 | 90% | 8.62% |
| Live Oak Banking Company | 9 | $445,000 | 22% | 9.99% |
| First Interstate Bank | 9 | $457,000 | 56% | 9.00% |
What stands out in this market
Reading the figures above against the national picture:
- Loans here run smaller than average. The median of $100,000 is 33% below the $150,000 national median. Smaller loans price higher under the SBA spread caps, so budget for a rate above the headline range.
- Startup share is about average, at 34% against 34% nationally.
- No single lender dominates, but the top three made 41% of these loans, so the shortlist below covers most of the active market.
- This market has performed well. Its FY2010-2019 charge-off rate of 4.5% is below the 7.1% overall figure, which is part of why lenders compete for it.
Which of them lend to new businesses
Of those loans, 34.5% went to businesses the SBA classes as startups — new, under two years old, or opening with the proceeds. These are the lenders in this market that actually wrote them.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| U.S. Bank | 23 | $30,500 | 38% | 9.24% |
| KeyBank | 18 | $50,000 | 86% | 11.49% |
| Wells Fargo Bank | 9 | $225,750 | 90% | 8.62% |
| Columbia Bank | 8 | $50,000 | 11% | 12.50% |
| Washington Trust Bank | 6 | $148,250 | 100% | 10.38% |
| The Huntington National Bank | 6 | $275,000 | 25% | 10.50% |
How to use this
- Shortlist three lenders from the table whose median loan is close to what you need.
- 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 the cash flow supports.
- Assemble the package before you call. The document checklist is the single biggest thing you control.
Compare other markets
- Other sectors in Oregon: construction, retail, personal services, professional services, healthcare, manufacturing
- Restaurants and Hotels in comparable states: South Carolina, Tennessee, Utah, Missouri, Maryland, Nevada