# Small business loans in Snohomish, WA

**Short answer:** The most active SBA lenders in Snohomish, WA since FY2024 are Columbia Bank (9 loans) and Banner Bank (6). The median loan was $100,000, and half fell between $50,000 and $543,500. 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/snohomish/
Data as of: 2026-06-30

## Lenders making SBA loans in Snohomish

No lender made more than 16% of the loans in Snohomish, and Columbia Bank made the most.

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

| Lender | Loans | Share |
| --- | --- | --- |
| [Columbia Bank](https://www.sbaexpress.loans/sba-express-lenders/columbia-bank/) | 9 | 15.5% |
| [Banner Bank](https://www.sbaexpress.loans/sba-express-lenders/banner-bank/) | 6 | 10.3% |

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

Snohomish 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 Snohomish

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

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 Snohomish

Snohomish ranks 20th by loans since FY2024 among the 24 Washington cities with 100 or more SBA loans since FY2020. Nationally it is the 476th busiest of the 580 cities that reach 100 loans.

The 58 loans, 1.2% of the 4,798 in Washington, were approved for $36.4 million in all. The median loan was $100,000, 33% below the national median of $150,300. Half of the loans fell between $50,000 and $543,500. The Snohomish median is 33% below the Washington median of $150,000.

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

| Measure | Snohomish | Washington | U.S. |
| --- | --- | --- | --- |
| Loans | 58 | 4,798 | 162,355 |
| Median loan | $100,000 | $150,000 | $150,300 |
| 25th percentile | $50,000 | $50,000 | $50,000 |
| 75th percentile | $543,500 | $500,000 | $500,000 |
| Via SBA Express | 58.6% | 45.6% | 35.8% |
| Lines of credit | 44.8% | 36.6% | 28.1% |
| Startups | n/a | 9.9% | 16.1% |
| Ownership changes | 13.8% | 14.5% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 3.0 | 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.

58.6% of all loans went through SBA Express, above the national 35.8%. Lines of credit were 44.8% of loans, above the national 28.1%.

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

- $50,000 or less (36%): 21
- $50,001 to $150,000 (21%): 12
- $150,001 to $350,000 (14%): 8
- $350,001 to $500,000: Fewer than 5
- $500,001 to $1,000,000 (10%): 6
- $1,000,001 to $2,000,000: Fewer than 5
- Over $2,000,000 (10%): 6

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

SBA loans in Snohomish, WA by fiscal year

- FY2020: 9
- FY2021: 12
- FY2022: 11
- FY2023: 10
- FY2024: 18
- FY2025: 26
- FY2026 (through June 30): 14

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

Volume rose 44% from FY2024 (18 loans) to FY2025 (26), the two latest full years. The busiest full year in the file was FY2025, with 26 loans. FY2026 already shows 14 loans through June 30.

Of the 32 loans Snohomish 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 422 jobs supported across the 58 loans since FY2024, about 7.3 per loan. SBA does not audit these estimates.

## What businesses in Snohomish borrow for

Plumbing, Heating, and Air-Conditioning Contractors was the largest borrower group in Snohomish, with 6 loans or 10.3% of the total.

**Industries with the most SBA loans in Snohomish, WA, FY2024 to June 2026**

| Industry | Loans | Share | U.S. share |
| --- | --- | --- | --- |
| [Plumbing, Heating, and Air-Conditioning Contractors](https://www.sbaexpress.loans/industries/plumbing-heating-air-conditioning-contractors/) | 6 | 10.3% | 1.9% |

Share is the percent of all Snohomish 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 Snohomish

The median Snohomish loan was $100,000 with a median term of 10 years.

The median variable-rate loan in Snohomish was priced at Prime plus 3.0 percentage points at approval. At today's Prime that spread works out to 10.00%. On $100,000 over 10 years, principal and interest would come to about $1,322 a month. That is arithmetic on past loans, not a rate a lender is offering.

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

| Loan | Amount | Monthly payment |
| --- | --- | --- |
| 25th percentile loan | $50,000 | $661 |
| Median loan | $100,000 | $1,322 |
| 75th percentile loan | $543,500 | $7,182 |

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 $100,000 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).

Snohomish 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 $100,000 loan](https://www.sbaexpress.loans/loan-amounts/100000-business-loan/) and [SBA Express payment calculator](https://www.sbaexpress.loans/sba-express-payment-calculator/).

## SBA 504 loans near Snohomish

Snohomish has 12 SBA 504 loans since FY2020, with $10.3 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.

Evergreen Business Capital is the one Certified Development Company (CDC) named on five or more loans, 5 since FY2020.

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

| Certified Development Company | 504 loans |
| --- | --- |
| Evergreen Business Capital | 5 |

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 Snohomish

Snohomish made up 1.2% of Washington's SBA loans since FY2024.

Snohomish 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.

- [Everett: 111 loans, median $350,000](https://www.sbaexpress.loans/washington-small-business-loans/everett/)
- [Lynnwood: 78 loans, median $302,000](https://www.sbaexpress.loans/washington-small-business-loans/lynnwood/)
- [Bothell: 54 loans, median $235,000](https://www.sbaexpress.loans/washington-small-business-loans/bothell/)
- [Bellingham: 86 loans, median $227,300](https://www.sbaexpress.loans/washington-small-business-loans/bellingham/)
- [Gig Harbor: 45 loans, median $150,000](https://www.sbaexpress.loans/washington-small-business-loans/gig-harbor/)
- [Puyallup: 101 loans, median $100,000](https://www.sbaexpress.loans/washington-small-business-loans/puyallup/)
- [Seattle: 530 loans, median $188,000](https://www.sbaexpress.loans/washington-small-business-loans/seattle/)
- [Tacoma: 187 loans, median $150,000](https://www.sbaexpress.loans/washington-small-business-loans/tacoma/)

## Common questions about SBA loans in Snohomish

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

Columbia Bank leads with 9 loans in Snohomish since FY2024. Banner Bank (6) follows. Only lenders with five or more Snohomish loans are counted.

### Which industries get SBA loans in Snohomish?

Plumbing, Heating, and Air-Conditioning Contractors leads with 6 loans in Snohomish since FY2024.

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)