# Small business loans in Medford, OR

**Short answer:** The most active SBA lenders in Medford, OR since FY2024 are Columbia Bank (11 loans) and U.S. Bank (11). The median loan was $50,000, and half fell between $25,000 and $312,400. For free help, see the Oregon Small Business Development Center Network. Source: SBA 7(a) loan data.

Canonical page: https://www.sbaexpress.loans/oregon-small-business-loans/medford/
Data as of: 2026-06-30

## Lenders making SBA loans in Medford

No lender made more than 18% of the loans in Medford, and Columbia Bank made the most. The three largest lenders together made 50%.

**Lenders with five or more SBA loans in Medford, OR, FY2024 to June 2026**

| Lender | Loans | Share |
| --- | --- | --- |
| [Columbia Bank](https://www.sbaexpress.loans/sba-express-lenders/columbia-bank/oregon/) | 11 | 17.7% |
| [U.S. Bank](https://www.sbaexpress.loans/sba-express-lenders/u-s-bank/) | 11 | 17.7% |
| [Banner Bank](https://www.sbaexpress.loans/sba-express-lenders/banner-bank/) | 9 | 14.5% |

Share is the percent of all Medford loans in that period. Each name links to that lender's page for Oregon where one exists.

Medford has three lenders with five or more loans since FY2024. Others had fewer, and the Oregon page counts 114 lenders with at least one approved loan statewide.

## Local help near Medford

Medford borrowers can start with SBA's district offices for Oregon, an SBDC or SCORE.

27% of Medford borrowers since FY2024 were startups or businesses two years old or younger. SBDCs provide counseling and training, and SCORE mentors give advice at no cost, according to SBA.

SBA runs two district offices that cover Oregon. Each page points to state and federal resources and to lenders in its area. The Oregon Small Business Development Center Network gives free counseling across Oregon.

- [SBA Portland District Office: SBA district office](https://www.sba.gov/district/portland)
- [SBA Boise District Office: SBA district office](https://www.sba.gov/district/boise)
- [Oregon Small Business Development Center Network: Small Business Development Center](https://oregonsbdc.org/)
- [SCORE mentors in Oregon: Business mentoring](https://www.score.org/or/)

Alongside SBA loans, Oregon runs four loan programs. The [Oregon page](https://www.sbaexpress.loans/oregon-small-business-loans/#loan-programs-in-oregon) describes each, and the official pages are linked here.

- [Credit Enhancement Fund (CEF)](https://www.oregon.gov/biz/programs/CEF/Pages/default.aspx)
- [Entrepreneurial Development Loan Fund (EDLF)](https://www.oregon.gov/biz/programs/EDLF/Pages/default.aspx)
- [Oregon Business Development Fund (OBDF)](https://www.oregon.gov/biz/programs/OBDF/Pages/default.aspx)
- [Capital Access Program (CAP)](https://www.oregon.gov/biz/programs/CAP/Pages/default.aspx)

## Loan counts and sizes in Medford

Medford ranks 7th by loans since FY2024 among the 7 Oregon cities with 100 or more SBA loans since FY2020. Nationally it is the 433rd busiest of the 580 cities that reach 100 loans.

The 62 loans, 2.3% of the 2,673 in Oregon, were approved for $19.6 million in all. The median loan was $50,000, 67% below the national median of $150,300. Half of the loans fell between $25,000 and $312,400. The Medford median is 38% below the Oregon median of $80,000.

**Medford, OR compared with Oregon and the nation, loans from FY2024 to June 2026**

| Measure | Medford | Oregon | U.S. |
| --- | --- | --- | --- |
| Loans | 62 | 2,673 | 162,355 |
| Median loan | $50,000 | $80,000 | $150,300 |
| 25th percentile | $25,000 | $50,000 | $50,000 |
| 75th percentile | $312,400 | $350,000 | $500,000 |
| Via SBA Express | 61.3% | 52.3% | 35.8% |
| Lines of credit | 50.0% | 43.4% | 28.1% |
| Startups | 9.7% | 7.7% | 16.1% |
| Ownership changes | n/a | 7.5% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 3.25 | 3.0 | 2.75 |
| Charged off | Fewer than 5 | 2.9% | 3.6% |

A quarter of loans were smaller than the 25th percentile loan and a quarter were larger than the 75th. Median spread is in percentage points over Prime. Charged off is the share of FY2020 to FY2022 loans a lender wrote off as a loss. It is shown only for groups of 30 loans or more. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish. U.S. covers every loan in the file.

85% of the loans were $500,000 or less, the size SBA Express covers. 61.3% of all loans went through SBA Express, above the national 35.8%. Lines of credit were 50.0% of loans, above the national 28.1%.

SBA loans in Medford, OR by size, FY2024 to June 2026

- $50,000 or less (52%): 32
- $50,001 to $150,000 (15%): 9
- $150,001 to $350,000 (11%): 7
- $350,001 to $500,000 (8%): 5
- $500,001 to $1,000,000: Fewer than 5
- $1,000,001 to $2,000,000: Fewer than 5
- Over $2,000,000: Fewer than 5

Labels show each size's share of all loans. The highlighted bar is the size band that contains the median.

SBA loans in Medford, OR by fiscal year

- FY2020: 11
- FY2021: 9
- FY2022: 16
- FY2023: 12
- FY2024: 23
- FY2025: 24
- FY2026 (through June 30): 15

Fiscal years run October to September. The last bar covers nine of its twelve months.

Volume held steady from FY2024 (23 loans) to FY2025 (24), the two latest full years. The busiest full year in the file was FY2025, with 24 loans. FY2026 already shows 15 loans through June 30.

Of the 36 loans Medford borrowers received in FY2020 to FY2022, fewer than 5 were charged off by June 30, 2026, against 3.6% nationally. Lenders reported 403 jobs supported across the 62 loans since FY2024, about 6.5 per loan. SBA does not audit these estimates.

## What businesses in Medford borrow for

Automotive Body, Paint, and Interior Repair and Maintenance was the largest borrower group in Medford, with 5 loans or 8.1% of the total.

**Industries with the most SBA loans in Medford, OR, FY2024 to June 2026**

| Industry | Loans | Share | U.S. share |
| --- | --- | --- | --- |
| [Automotive Body, Paint, and Interior Repair and Maintenance](https://www.sbaexpress.loans/industries/automotive-body-paint-interior-repair-maintenance/) | 5 | 8.1% | 0.5% |
| [Limited-Service Restaurants](https://www.sbaexpress.loans/industries/limited-service-restaurants/oregon/) | 5 | 8.1% | 3.3% |

Share is the percent of all Medford loans in that period. Industry is the NAICS code on each loan. A name links to the Oregon page for that industry where one exists.

## A typical loan payment in Medford

The median Medford loan was $50,000 with a median term of 10 years.

The median variable-rate loan in Medford was priced at Prime plus 3.25 percentage points at approval. At today's Prime that spread works out to 10.25%. On $50,000 over 10 years, principal and interest would come to about $668 a month. That is arithmetic on past loans, not a rate a lender is offering.

**Payment at today's rate on three Medford loan sizes over 10 years**

| Loan | Amount | Monthly payment |
| --- | --- | --- |
| 25th percentile loan | $25,000 | $334 |
| Median loan | $50,000 | $668 |
| 75th percentile loan | $312,400 | $4,172 |

Principal and interest only. Fees, a different term or a fixed rate change the payment. This is an illustration from SBA's file, not an offer.

SBA's rate ceiling for this loan size

SBA's maximum for a loan of $50,000 is Prime plus 6.5 percentage points, or 13.50% today. The median variable-rate loan here was priced 3.2 points under that ceiling. Source: 13 CFR § 120.214(d)(1); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).

Medford loans approved since FY2024 had a median starting rate of 10.5% at approval, against 10.25% nationally. Prime changed during those years, so use the spread above, not that rate, as the guide to today's cost.

Run your own numbers: [payments on a $50,000 loan](https://www.sbaexpress.loans/loan-amounts/50000-business-loan/) and [SBA Express payment calculator](https://www.sbaexpress.loans/sba-express-payment-calculator/).

## SBA 504 loans near Medford

Medford has 6 SBA 504 loans since FY2024, with $5.6 million in SBA and CDC dollars.

The median 504 loan in Medford was $464,500 in SBA and CDC dollars, 9% of the $5,000,000 program maximum. The bank's share of each project is separate and is not counted in these figures.

Evergreen Business Capital is the one Certified Development Company (CDC) named on five or more loans, 14 since FY2020.

**CDCs named on five or more 504 loans in Medford, FY2020 to June 2026**

| Certified Development Company | 504 loans |
| --- | --- |
| Evergreen Business Capital | 14 |

How a 504 loan is split

A standard 504 project is 50% third party lender, 40% CDC debenture, 10% borrower. 504 money pays for major fixed assets such as land, buildings and long-term machinery and equipment, not working capital or inventory. Source: SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221). SBA keeps a [list of Certified Development Companies](https://www.sba.gov/loans/504-loans/list-of-certified-development-companies/).

## Oregon cities near Medford

Medford made up 2.3% of Oregon's SBA loans since FY2024.

Medford is one of 7 Oregon cities with 100 or more SBA loans since FY2020. The [Oregon page](https://www.sbaexpress.loans/oregon-small-business-loans/) covers all 2,673 loans in Oregon. The closest come first, ranked by county and ZIP code on their loans.

- [Eugene: 108 loans, median $100,000](https://www.sbaexpress.loans/oregon-small-business-loans/eugene/)
- [Bend: 139 loans, median $100,000](https://www.sbaexpress.loans/oregon-small-business-loans/bend/)
- [Salem: 116 loans, median $62,650](https://www.sbaexpress.loans/oregon-small-business-loans/salem/)
- [Portland: 547 loans, median $150,000](https://www.sbaexpress.loans/oregon-small-business-loans/portland/)
- [Hillsboro: 72 loans, median $187,250](https://www.sbaexpress.loans/oregon-small-business-loans/hillsboro/)
- [Beaverton: 106 loans, median $150,000](https://www.sbaexpress.loans/oregon-small-business-loans/beaverton/)

## Common questions about SBA loans in Medford

### Which lenders make the most SBA loans in Medford?

Columbia Bank leads with 11 loans in Medford since FY2024. U.S. Bank (11) and Banner Bank (9) follow. Only lenders with five or more Medford loans are counted.

### Which industries get SBA loans in Medford?

Automotive Body, Paint, and Interior Repair and Maintenance leads with 5 loans in Medford since FY2024. Limited-Service Restaurants (5) follows.

How to read this

Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Location is the borrower's address in the file, and city names are as SBA recorded them. Recent means FY2024 through June 30, 2026. Charge-off rates use FY2020 to FY2022 loans, the only years old enough to have had time to go bad. Jobs supported are lender-reported estimates. [How we build these pages](https://www.sbaexpress.loans/method/).

## Sources

- [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)
- [SBA, 504 loans](https://www.sba.gov/loans/504-loans/)
- [SBA, resource partners: SBDCs and SCORE](https://www.sba.gov/counseling/local-assistance/resource-partners/)
- [SBA Portland District Office](https://www.sba.gov/district/portland)
- [SBA Boise District Office](https://www.sba.gov/district/boise)
- [Oregon Small Business Development Center Network](https://oregonsbdc.org/)
- [SCORE, Oregon](https://www.score.org/or/)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)](https://www.sba.gov/loans/504-loans/)
- [SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [13 CFR § 120.214(d)(1); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)](https://www.ecfr.gov/current/title-13/section-120.214)