Best SBA Lenders in Bothell, WA (2026)
2025 FOIA data: top lenders, rates & industries for Bothell SBA loans
SBA Loans in Bothell, Washington
Looking for an SBA loan in Bothell, Washington? Based on 2025 FOIA data, 19 SBA 7(a) loans were funded in Bothell totaling $10.7M, supporting an estimated 180 jobs. With 14 active lenders competing for business in the Bothell market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Bothell is $565K at an average rate of 10.22%. The top lender in Bothell is First Internet Bank of Indiana, with the most-funded industry being Custom Computer Programming Services. See all Washington SBA lenders for statewide rankings.
SBA Loans in Bothell by Business Type
Whether you’re starting a new business in Bothell, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 3% of SBA loans in Bothell (2 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 30% (4 loans) — if you’re looking to buy a business in Bothell, this is a proven use case for SBA financing. Existing businesses make up 27% and typically receive the most favorable terms.
Top SBA Lenders in Bothell, WA (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Bothell businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | First Internet Bank of Indiana | $3.5M | 2 | 10% |
| 2 | Live Oak Banking Company | $2.8M | 3 | 10.03% |
| 3 | Alaska Growth Capital BIDCO, Inc. | $1.8M | 1 | 10.5% |
| 4 | Harvest Small Business Finance, LLC | $665K | 1 | 10.25% |
| 5 | Mountain Pacific Bank | $550K | 1 | 9.75% |
| 6 | Hanmi Bank | $447K | 1 | 9.5% |
| 7 | Newtek Bank, National Association | $306K | 2 | 10.75% |
| 8 | Bank of America, National Association | $171K | 1 | 10.5% |
| 9 | Banner Bank | $110K | 2 | 8.75% |
| 10 | Washington Trust Bank | $100K | 1 | 9.5% |
The top lenders in Bothell have direct experience with local businesses and understand the Bothell market — commercial real estate values, local industry dynamics, and regional economic conditions. Pay attention to the “Avg Rate” column, as rates vary significantly between lenders. A 0.5-1.0% rate difference on a $500K loan translates to $15,000-$30,000 in savings over the life of the loan.
Don’t limit your search to banks listed above — many national SBA lenders also fund loans in Bothell and may offer better rates. An SBA loan broker like GoSBA gives you access to both local and national lenders with one application.
Get Matched with the Best SBA Lender in Bothell
One 5-minute application. 14+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Bothell
These are the industries that received the most SBA 7(a) funding in Bothell in 2025. If your business is in one of these sectors, lenders are already familiar with your business model and may offer faster approvals:
| Industry | Loans | Volume |
|---|---|---|
| Custom Computer Programming Services | 3 | $3.8M |
| Child Day Care Services | 1 | $2.1M |
| Tour Operators | 1 | $1.8M |
| Caterers | 1 | $665K |
| Cafeterias, Grill Buffets, and Buffets | 1 | $550K |
| Limited-Service Restaurants | 2 | $547K |
| Other Personal and Household Goods Repair and Maintenance | 2 | $526K |
| Educational Support Services | 1 | $350K |
| Snack and Nonalcoholic Beverage Bars | 1 | $171K |
| General Automotive Repair | 1 | $85K |
Lenders with experience funding your specific industry in Bothell understand the local competitive landscape, typical revenue ranges, and seasonal patterns. This familiarity often translates to faster underwriting and more competitive terms. If your industry doesn’t appear above, SBA loans are available for nearly every legal business type — an SBA broker can match you with lenders who specialize in your sector.
How to Get an SBA Loan in Bothell
Option 1: Apply directly to one of the top Bothell lenders listed above. You’ll receive a single quote from one bank.
Option 2: Use an SBA loan broker (recommended). GoSBA Loans submits your application to multiple Bothell-active lenders and national SBA lenders simultaneously. More offers means better rates, faster approvals, and zero cost to you — lenders pay the broker fee.
Frequently Asked Questions
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Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
