Best Washington, DC SBA Lenders & Rates of 2026

Compare 47 SBA lenders in Washington, DC. $67.7M funded across 159 businesses. Average rate 10.63%. Get matched free.

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Best Washington, DC SBA Lenders & Rates of 2026

$67.7M
Total Funded

159
Loans Approved

$426K
Avg Loan Size

10.63%
Avg Interest Rate

47
Active Lenders

SBA Loans in Washington, DC

Washington, DC businesses received $67.7M in SBA 7(a) loan approvals across 159 businesses in 2025. With 47 active SBA lenders competing for business in Washington, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in Washington is $426K, with rates averaging 10.63%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Washington SBA Loans by Business Type

🚀 Startups
25%
$23.5M • 40 loans

🏢 Existing Businesses
64%
$31.1M • 102 loans

🔄 Acquisitions
11%
$13.2M • 17 loans

Top SBA Lenders in Washington, DC (2025)

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

RankLenderVolumeLoansAvg Rate
1 Newtek Bank, National Association$7.0M1910.76%
2 Brookline Bank, a Division of Beacon Bank and Trust$5.0M19.50%
3 Hanmi Bank$4.7M79.32%
4 The Huntington National Bank$4.0M89.56%
5 Manufacturers and Traders Trust Company$4.0M4011.22%
6 Mission Valley Bank$3.5M18.00%
7 Readycap Lending, LLC$3.4M610.79%
8 WesBanco Bank, Inc.$3.4M29.50%
9 Port 51 Lending LLC$2.3M310.50%
10 First Bank$2.2M110.00%
11 Truist Bank$2.0M18.50%
12 Northeast Bank$2.0M1011.30%
13 VelocitySBA, LLC$1.9M19.75%
14 Bank of Clarke$1.9M39.75%
15 First Bank of the Lake$1.8M110.25%
16 Harvest Small Business Finance, LLC$1.4M110.00%
17 Lendistry SBLC, LLC$1.4M712.00%
18 Capital Bank, National Association$1.2M210.25%
19 Truliant FCU$1.2M110.50%
20 The Freedom Bank of Virginia$1.0M19.25%
21 First Internet Bank of Indiana$975K310.25%
22 Industrial Bank$929K19.50%
23 TD Bank, National Association$907K710.25%
24 EagleBank$855K19.75%
25 Peoples State Bank$850K19.75%
26 Bridgewater Bank$796K18.75%
27 Midwest BankCentre$716K110.00%
28 Gulf Coast Bank and Trust Company$700K211.38%
29 CenTrust Bank, A Division of SmartBiz Bank National Associat$600K311.83%
30 Climate First Bank$503K19.75%
31 Colony Bank$500K210.63%
32 Meridian Bank$498K110.00%
33 Wilmington Savings Fund Society FSB$495K19.75%
34 PromiseOne Bank$400K19.00%
35 Cadence Bank$350K110.50%
36 Live Oak Banking Company$350K110.49%
37 MainStreet Bank$305K210.13%
38 Fulton Bank, National Association$300K110.25%
39 Celtic Bank Corporation$300K210.00%
40 BayFirst National Bank$300K212.25%
41 United Midwest Savings Bank National Association$255K110.25%
42 Stone Bank$250K210.50%
43 Wells Fargo Bank National Association$151K18.24%
44 Magnifi Financial CU$98K110.25%
45 CDC Small Business Finance Corp.$50K110.50%
46 U.S. Bank, National Association$27K110.99%
47 PNC Bank, National Association$25K111.40%

Top Industries in Washington

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

SBA Loans in District of Columbia

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

🤝 Why Use an SBA Broker in Washington?

GoSBA Loans helps Washington businesses access the best SBA lenders:

  • Access 47+ lenders — including many that don’t accept direct applications
  • Local market expertise — we know which lenders are most active in Washington
  • Rate comparison — get competing offers to secure the best terms
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your Washington SBA Loan

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

Looking for SBA loan help in Washington? GoSBA Loans is a trusted SBA loan broker serving businesses in Washington and across District of Columbia. Contact our Washington 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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