Best SBA Lenders in Kent, WA (2026)
2025 FOIA data: top lenders, rates & industries for Kent SBA loans
SBA Loans in Kent, Washington
Looking for an SBA loan in Kent, Washington? Based on 2025 FOIA data, 52 SBA 7(a) loans were funded in Kent totaling $31.4M, supporting an estimated 595 jobs. With 27 active lenders competing for business in the Kent market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Kent is $604K at an average rate of 10.36%. The top lender in Kent is Summit State Bank, with the most-funded industry being Offices of Dentists. See all Washington SBA lenders for statewide rankings.
SBA Loans in Kent by Business Type
Whether you’re starting a new business in Kent, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 6% of SBA loans in Kent (4 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 36% (8 loans) — if you’re looking to buy a business in Kent, this is a proven use case for SBA financing. Existing businesses make up 46% and typically receive the most favorable terms.
Top SBA Lenders in Kent, WA (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Kent businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Summit State Bank | $5.1M | 2 | 9.12% |
| 2 | Live Oak Banking Company | $5.0M | 2 | 8.75% |
| 3 | First Internet Bank of Indiana | $3.5M | 2 | 10.25% |
| 4 | Mountain Pacific Bank | $3.0M | 1 | 8.75% |
| 5 | Readycap Lending, LLC | $2.6M | 2 | 9.75% |
| 6 | Newtek Bank, National Association | $1.7M | 2 | 10.5% |
| 7 | Harvest Small Business Finance, LLC | $1.3M | 1 | 10.5% |
| 8 | East West Bank | $1.1M | 2 | 9% |
| 9 | Banesco USA | $1.0M | 1 | 10.5% |
| 10 | Grow America Fund, Incorporated | $1.0M | 1 | 10% |
The top lenders in Kent have direct experience with local businesses and understand the Kent 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 Kent 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 Kent
One 5-minute application. 27+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Kent
These are the industries that received the most SBA 7(a) funding in Kent 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 |
|---|---|---|
| Offices of Dentists | 1 | $3.8M |
| Engineering Services | 2 | $3.5M |
| Full-Service Restaurants | 3 | $3.0M |
| Limited-Service Restaurants | 2 | $2.6M |
| Snack and Nonalcoholic Beverage Bars | 2 | $1.7M |
| Child Day Care Services | 2 | $1.3M |
| Pet Care (except Veterinary) Services | 1 | $1.2M |
| Painting and Wall Covering Contractors | 2 | $1.1M |
| Finish Carpentry Contractors | 1 | $1.0M |
| Plumbing, Heating, and Air-Conditioning Contractors | 1 | $978K |
Lenders with experience funding your specific industry in Kent 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 Kent
Option 1: Apply directly to one of the top Kent 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 Kent-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.
