# Small business loans in Portland, OR

**Short answer:** The most active SBA lenders in Portland, OR since FY2024 are Columbia Bank (96 loans) and U.S. Bank (65). The median loan was $150,000, and half fell between $50,000 and $500,000. 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/portland/
Data as of: 2026-06-30

## Lenders making SBA loans in Portland

No lender made more than 18% of the loans in Portland, and Columbia Bank made the most. The five largest lenders together made 44%.

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

| Lender | Loans | Share |
| --- | --- | --- |
| [Columbia Bank](https://www.sbaexpress.loans/sba-express-lenders/columbia-bank/oregon/) | 96 | 17.6% |
| [U.S. Bank](https://www.sbaexpress.loans/sba-express-lenders/u-s-bank/) | 65 | 11.9% |
| [Readycap Lending, LLC](https://www.sbaexpress.loans/sba-express-lenders/readycap-lending-llc/oregon/): Non-bank lender | 32 | 5.9% |
| [Wells Fargo Bank](https://www.sbaexpress.loans/sba-express-lenders/wells-fargo-bank/oregon/) | 27 | 4.9% |
| [Newtek Bank](https://www.sbaexpress.loans/sba-express-lenders/newtek-bank/) | 23 | 4.2% |

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

## Local help near Portland

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

26% of Portland 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. The SBA Portland District Office comes first below because its name matches Portland.

- [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 Portland

Portland ranks 1st by loans since FY2024 among the 7 Oregon cities with 100 or more SBA loans since FY2020. Nationally it is the 22nd busiest of the 580 cities that reach 100 loans.

The 547 loans, 20.5% of the 2,673 in Oregon, were approved for $279.3 million in all. The median loan was $150,000, close to the national median of $150,300. Half of the loans fell between $50,000 and $500,000. The Portland median is 88% above the Oregon median of $80,000.

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

| Measure | Portland | Oregon | U.S. |
| --- | --- | --- | --- |
| Loans | 547 | 2,673 | 162,355 |
| Median loan | $150,000 | $80,000 | $150,300 |
| 25th percentile | $50,000 | $50,000 | $50,000 |
| 75th percentile | $500,000 | $350,000 | $500,000 |
| Via SBA Express | 41.1% | 52.3% | 35.8% |
| Lines of credit | 35.1% | 43.4% | 28.1% |
| Startups | 9.3% | 7.7% | 16.1% |
| Ownership changes | 7.9% | 7.5% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 3.0 | 3.0 | 2.75 |
| Charged off | 2.7% | 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.

76% of the loans were $500,000 or less, the size SBA Express covers. 41.1% of all loans went through SBA Express, above the national 35.8%. Lines of credit were 35.1% of loans, above the national 28.1%.

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

- $50,000 or less (35%): 191
- $50,001 to $150,000 (19%): 105
- $150,001 to $350,000 (14%): 78
- $350,001 to $500,000 (8%): 42
- $500,001 to $1,000,000 (9%): 47
- $1,000,001 to $2,000,000 (9%): 49
- Over $2,000,000 (6%): 35

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

By business age, 66.2% of loans went to businesses more than two years old and 16.6% to businesses two years old or younger. Startups received 9.3% and changes of ownership 7.9%. The national startup share is 16.1%.

SBA loans in Portland, OR by fiscal year

- FY2020: 161
- FY2021: 155
- FY2022: 123
- FY2023: 164
- FY2024: 199
- FY2025: 217
- FY2026 (through June 30): 131

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

Volume rose 9% from FY2024 (199 loans) to FY2025 (217), the two latest full years. The busiest full year in the file was FY2025, with 217 loans. FY2026 already shows 131 loans through June 30.

Of the 439 loans Portland borrowers received in FY2020 to FY2022, 2.7% were charged off by June 30, 2026, against 3.6% nationally. Lenders reported 5,257 jobs supported across the 547 loans since FY2024, about 9.6 per loan. SBA does not audit these estimates.

## What businesses in Portland borrow for

Full-Service Restaurants was the largest borrower group in Portland, with 33 loans or 6.0% of the total.

The five largest industries made up 17% of all Portland loans.

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

| Industry | Loans | Share | U.S. share |
| --- | --- | --- | --- |
| [Full-Service Restaurants](https://www.sbaexpress.loans/industries/full-service-restaurants/oregon/) | 33 | 6.0% | 4.6% |
| [Residential Remodelers](https://www.sbaexpress.loans/industries/residential-remodelers/oregon/) | 18 | 3.3% | 2.3% |
| [Limited-Service Restaurants](https://www.sbaexpress.loans/industries/limited-service-restaurants/oregon/) | 15 | 2.7% | 3.3% |
| [Fitness and Recreational Sports Centers](https://www.sbaexpress.loans/industries/fitness-recreational-sports-centers/oregon/) | 13 | 2.4% | 2.1% |
| [Other Personal Care Services](https://www.sbaexpress.loans/industries/other-personal-care-services/oregon/) | 12 | 2.2% | 1.2% |

Share is the percent of all Portland 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 Portland

The median Portland loan was $150,000 with a median term of 10 years.

The median variable-rate loan in Portland was priced at Prime plus 3.0 percentage points at approval. At today's Prime that spread works out to 10.00%. On $150,000 over 10 years, principal and interest would come to about $1,982 a month. That is arithmetic on past loans, not a rate a lender is offering.

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

| Loan | Amount | Monthly payment |
| --- | --- | --- |
| 25th percentile loan | $50,000 | $661 |
| Median loan | $150,000 | $1,982 |
| 75th percentile loan | $500,000 | $6,608 |

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 $150,000 is Prime plus 6.0 percentage points, or 13.00% today. The median variable-rate loan here was priced 3.0 points under that ceiling. Source: 13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).

Portland 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 $150,000 loan](https://www.sbaexpress.loans/loan-amounts/150000-business-loan/) and [SBA Express payment calculator](https://www.sbaexpress.loans/sba-express-payment-calculator/).

## SBA 504 loans near Portland

Portland has 34 SBA 504 loans since FY2024, with $47.6 million in SBA and CDC dollars.

The median 504 loan in Portland was $795,000 in SBA and CDC dollars, 16% of the $5,000,000 program maximum. The bank's share of each project is separate and is not counted in these figures.

Mortgage Capital Development Corporation is the Certified Development Company (CDC) named on the most loans since FY2024, with 16. Evergreen Business Capital follows with 11. The two CDCs listed are named on 27 loans between them.

**CDCs named on five or more 504 loans in Portland, FY2024 to June 2026**

| Certified Development Company | 504 loans |
| --- | --- |
| Mortgage Capital Development Corporation | 16 |
| Evergreen Business Capital | 11 |

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 Portland

Portland made up 20.5% of Oregon's SBA loans since FY2024.

Portland 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.

- [Salem: 116 loans, median $62,650](https://www.sbaexpress.loans/oregon-small-business-loans/salem/)
- [Hillsboro: 72 loans, median $187,250](https://www.sbaexpress.loans/oregon-small-business-loans/hillsboro/)
- [Eugene: 108 loans, median $100,000](https://www.sbaexpress.loans/oregon-small-business-loans/eugene/)
- [Beaverton: 106 loans, median $150,000](https://www.sbaexpress.loans/oregon-small-business-loans/beaverton/)
- [Medford: 62 loans, median $50,000](https://www.sbaexpress.loans/oregon-small-business-loans/medford/)
- [Bend: 139 loans, median $100,000](https://www.sbaexpress.loans/oregon-small-business-loans/bend/)

## Common questions about SBA loans in Portland

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

Columbia Bank leads with 96 loans in Portland since FY2024. U.S. Bank (65) and Readycap Lending, LLC (32) follow. Only lenders with five or more Portland loans are counted.

### Which industries get SBA loans in Portland?

Full-Service Restaurants leads with 33 loans in Portland since FY2024. Residential Remodelers (18) and Limited-Service Restaurants (15) follow.

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)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)](https://www.ecfr.gov/current/title-13/section-120.214)