Best Spokane, WA SBA Lenders & Rates of 2026

Compare 26 SBA lenders in Spokane, WA. $31.5M funded across 78 businesses. Average rate 9.88%. Get matched free.

Table of Contents

Best Spokane, WA SBA Lenders & Rates of 2026

$31.5M
Total Funded

78
Loans Approved

$404K
Avg Loan Size

9.88%
Avg Interest Rate

26
Active Lenders

SBA Loans in Spokane, WA

Spokane, WA businesses received $31.5M in SBA 7(a) loan approvals across 78 businesses in 2025. With 26 active SBA lenders competing for business in Spokane, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in Spokane is $404K, with rates averaging 9.88%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Spokane SBA Loans by Business Type

🚀 Startups
24%
$7.4M • 19 loans

🏢 Existing Businesses
59%
$13.4M • 46 loans

🔄 Acquisitions
17%
$10.7M • 13 loans

Top SBA Lenders in Spokane, WA (2025)

Based on official SBA data analyzed by GoSBA Loans, these are the banks that funded the most SBA 7(a) loans to Spokane businesses:

RankLenderVolumeLoansAvg Rate
1 RiverBank$3.8M139.54%
2 Heritage Bank$3.8M28.88%
3 Washington Trust Bank$3.3M28.25%
4 Readycap Lending, LLC$3.3M411.88%
5 Bank of America, National Association$3.2M26.14%
6 First Interstate Bank$1.9M29.13%
7 Harvest Small Business Finance, LLC$1.6M19.00%
8 Numerica CU$1.6M78.29%
9 Idaho Central CU$1.3M38.83%
10 Celtic Bank Corporation$1.2M110.25%
11 Banner Bank$883K98.61%
12 1st Financial Bank USA$875K18.75%
13 Northeast Bank$567K411.25%
14 Cadence Bank$550K210.00%
15 CRF Small Business Loan Company, LLC$500K110.25%
16 Citizens Bank$500K110.25%
17 Newtek Bank, National Association$475K212.00%
18 Live Oak Banking Company$416K18.50%
19 Harborstone CU$390K110.25%
20 Montana Community Development Corp.$350K210.25%
21 BayFirst National Bank$301K312.25%
22 Columbia Bank$250K512.50%
23 United Midwest Savings Bank National Association$150K110.00%
24 U.S. Bank, National Association$136K59.99%
25 Lendistry SBLC, LLC$103K112.50%
26 Sound Credit Union$20K211.88%

Top Industries in Spokane

Here are the industries that received the most SBA funding in Spokane:

SBA Loans in Washington

Spokane is part of Washington‘s SBA lending market. For statewide data and more lender options, see our full Washington SBA Lenders guide.

🤝 Why Use an SBA Broker in Spokane?

GoSBA Loans helps Spokane businesses access the best SBA lenders:

  • Access 26+ lenders — including many that don’t accept direct applications
  • Local market expertise — we know which lenders are most active in Spokane
  • Rate comparison — get competing offers to secure the best terms
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your Spokane SBA Loan

Our team has helped hundreds of Spokane businesses secure SBA financing. Let us match you with the right lender.

Looking for SBA loan help in Spokane? GoSBA Loans is a trusted SBA loan broker serving businesses in Spokane and across Washington. Contact our Spokane SBA specialists today for a free consultation.

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Ishan Jetley

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.
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