# Small business loans in Bothell, WA

**Short answer:** The most active SBA lenders in Bothell, WA since FY2024 are Washington Trust Bank (6 loans) and Banner Bank (5). The median loan was $235,000, and half fell between $88,750 and $507,725. For free help, see the Washington Small Business Development Center. Source: SBA 7(a) loan data.

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

## Lenders making SBA loans in Bothell

No lender made more than 11% of the loans in Bothell, and Washington Trust Bank made the most.

**Lenders with five or more SBA loans in Bothell, WA, FY2024 to June 2026**

| Lender | Loans | Share |
| --- | --- | --- |
| [Washington Trust Bank](https://www.sbaexpress.loans/sba-express-lenders/washington-trust-bank/) | 6 | 11.1% |
| [Banner Bank](https://www.sbaexpress.loans/sba-express-lenders/banner-bank/) | 5 | 9.3% |

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

Bothell has two lenders with five or more loans since FY2024. Others had fewer, and the Washington page counts 157 lenders with at least one approved loan statewide.

## Local help near Bothell

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

43% of Bothell 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 Washington. Each page points to state and federal resources and to lenders in its area. The Washington Small Business Development Center gives free counseling across Washington.

- [SBA Seattle District Office: SBA district office](https://www.sba.gov/district/seattle)
- [SBA Portland District Office: SBA district office](https://www.sba.gov/district/portland)
- [Washington Small Business Development Center: Small Business Development Center](https://wsbdc.org/)
- [SCORE mentors in Washington: Business mentoring](https://www.score.org/wa/)

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

- [Owner-Occupied Commercial Real-Estate Loan Program (CRE)](https://www.commerce.wa.gov/access-to-capital/)
- [Collateral Support Program (CSP)](https://www.commerce.wa.gov/access-to-capital/)
- [Revenue-Based Financing Fund (RBF)](https://www.commerce.wa.gov/access-to-capital/)

## Loan counts and sizes in Bothell

Bothell ranks 22nd by loans since FY2024 among the 24 Washington cities with 100 or more SBA loans since FY2020. Nationally it is the 504th busiest of the 580 cities that reach 100 loans.

The 54 loans, 1.1% of the 4,798 in Washington, were approved for $41.2 million in all. The median loan was $235,000, 56% above the national median of $150,300. Half of the loans fell between $88,750 and $507,725. The Bothell median is 57% above the Washington median of $150,000.

**Bothell, WA compared with Washington and the nation, loans from FY2024 to June 2026**

| Measure | Bothell | Washington | U.S. |
| --- | --- | --- | --- |
| Loans | 54 | 4,798 | 162,355 |
| Median loan | $235,000 | $150,000 | $150,300 |
| 25th percentile | $88,750 | $50,000 | $50,000 |
| 75th percentile | $507,725 | $500,000 | $500,000 |
| Via SBA Express | 38.9% | 45.6% | 35.8% |
| Lines of credit | 29.6% | 36.6% | 28.1% |
| Startups | 16.7% | 9.9% | 16.1% |
| Ownership changes | 18.5% | 14.5% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 2.25 | 2.75 | 2.75 |
| Charged off | 0.0% | 2.4% | 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.

74% of the loans were $500,000 or less, the size SBA Express covers. 38.9% of all loans went through SBA Express, above the national 35.8%. Lines of credit were 29.6% of loans, close to the national 28.1%.

SBA loans in Bothell, WA by size, FY2024 to June 2026

- $50,000 or less (22%): 12
- $50,001 to $150,000 (15%): 8
- $150,001 to $350,000 (24%): 13
- $350,001 to $500,000 (13%): 7
- $500,001 to $1,000,000 (9%): 5
- $1,000,001 to $2,000,000: Fewer than 5
- Over $2,000,000 (15%): 8

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

By business age, 38.9% of loans went to businesses more than two years old and 25.9% to businesses two years old or younger. Startups received 16.7% and changes of ownership 18.5%.

SBA loans in Bothell, WA by fiscal year

- FY2020: 13
- FY2021: 20
- FY2022: 9
- FY2023: 15
- FY2024: 23
- FY2025: 16
- FY2026 (through June 30): 15

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

Volume fell 30% from FY2024 (23 loans) to FY2025 (16), the two latest full years. The busiest full year in the file was FY2024, with 23 loans. FY2026 already shows 15 loans through June 30.

Of the 42 loans Bothell borrowers received in FY2020 to FY2022, 0.0% were charged off by June 30, 2026, against 3.6% nationally. That group is small, so treat the rate as rough. Lenders reported 432 jobs supported across the 54 loans since FY2024, about 8.0 per loan. SBA does not audit these estimates.

## What businesses in Bothell borrow for

Assisted Living Facilities for the Elderly was the largest borrower group in Bothell since FY2020, with 10 loans or 9.0% of the total.

The three largest industries made up 22% of all Bothell loans since FY2020. Assisted Living Facilities for the Elderly stands out: its 10 loans are 9.0% of Bothell loans, against 0.4% nationally, 24 times its national share.

**Industries with the most SBA loans in Bothell, WA, FY2020 to June 2026**

| Industry | Loans | Share | U.S. share |
| --- | --- | --- | --- |
| [Assisted Living Facilities for the Elderly](https://www.sbaexpress.loans/industries/assisted-living-facilities-for-the-elderly/washington/) | 10 | 9.0% | 0.4% |
| [Full-Service Restaurants](https://www.sbaexpress.loans/industries/full-service-restaurants/washington/) | 9 | 8.1% | 4.6% |
| [Child Care Services](https://www.sbaexpress.loans/industries/child-care-services/) | 5 | 4.5% | 1.5% |

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

## A typical loan payment in Bothell

The median Bothell loan was $235,000 with a median term of 10 years.

The median variable-rate loan in Bothell was priced at Prime plus 2.25 percentage points at approval. At today's Prime that spread works out to 9.25%. On $235,000 over 10 years, principal and interest would come to about $3,009 a month. That is arithmetic on past loans, not a rate a lender is offering.

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

| Loan | Amount | Monthly payment |
| --- | --- | --- |
| 25th percentile loan | $88,750 | $1,136 |
| Median loan | $235,000 | $3,009 |
| 75th percentile loan | $507,725 | $6,501 |

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 $235,000 is Prime plus 6.0 percentage points, or 13.00% today. The median variable-rate loan here was priced 3.8 points under that ceiling. Source: 13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).

Bothell loans approved since FY2024 had a median starting rate of 10% 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 $250,000 loan](https://www.sbaexpress.loans/loan-amounts/250000-business-loan/) and [SBA Express payment calculator](https://www.sbaexpress.loans/sba-express-payment-calculator/).

## SBA 504 loans near Bothell

Bothell has 6 SBA 504 loans since FY2020, with $11.0 million in SBA and CDC dollars.

Fewer than five of them came in FY2024 or later, so no recent median is published. The bank's share of each project is separate and is not counted in these figures.

No Certified Development Company (CDC) is named on five or more 504 loans in Bothell, so the list below is Washington's. Evergreen Business Capital is named on the most there, 114 loans since FY2024.

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

| Certified Development Company | 504 loans |
| --- | --- |
| Evergreen Business Capital | 114 |
| Northwest Business Development Association | 85 |
| Ameritrust CDC | 59 |
| Capital Matrix, Inc. | 15 |
| Cascade Capital Funding | 7 |

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/).

## Washington cities near Bothell

Bothell made up 1.1% of Washington's SBA loans since FY2024.

Bothell is one of 24 Washington cities with 100 or more SBA loans since FY2020. The [Washington page](https://www.sbaexpress.loans/washington-small-business-loans/) covers all 4,798 loans in Washington. The closest come first, ranked by county and ZIP code on their loans.

- [Lynnwood: 78 loans, median $302,000](https://www.sbaexpress.loans/washington-small-business-loans/lynnwood/)
- [Everett: 111 loans, median $350,000](https://www.sbaexpress.loans/washington-small-business-loans/everett/)
- [Snohomish: 58 loans, median $100,000](https://www.sbaexpress.loans/washington-small-business-loans/snohomish/)
- [Bellevue: 119 loans, median $171,000](https://www.sbaexpress.loans/washington-small-business-loans/bellevue/)
- [Federal Way: 78 loans, median $201,250](https://www.sbaexpress.loans/washington-small-business-loans/federal-way/)
- [Auburn: 86 loans, median $93,250](https://www.sbaexpress.loans/washington-small-business-loans/auburn/)
- [Kent: 106 loans, median $203,600](https://www.sbaexpress.loans/washington-small-business-loans/kent/)
- [Kirkland: 82 loans, median $201,350](https://www.sbaexpress.loans/washington-small-business-loans/kirkland/)

## Common questions about SBA loans in Bothell

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

Washington Trust Bank leads with 6 loans in Bothell since FY2024. Banner Bank (5) follows. Only lenders with five or more Bothell loans are counted.

### Which industries get SBA loans in Bothell?

Assisted Living Facilities for the Elderly leads with 10 loans in Bothell since FY2020. Full-Service Restaurants (9) and Child Care Services (5) 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 Seattle District Office](https://www.sba.gov/district/seattle)
- [SBA Portland District Office](https://www.sba.gov/district/portland)
- [Washington Small Business Development Center](https://wsbdc.org/)
- [SCORE, Washington](https://www.score.org/wa/)
- [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)