Best SBA Lenders in Puyallup, WA (2026)
2025 FOIA data: top lenders, rates & industries for Puyallup SBA loans
SBA Loans in Puyallup, Washington
Looking for an SBA loan in Puyallup, Washington? Based on 2025 FOIA data, 54 SBA 7(a) loans were funded in Puyallup totaling $17.7M, supporting an estimated 485 jobs. With 20 active lenders competing for business in the Puyallup market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Puyallup is $329K at an average rate of 10.65%. The top lender in Puyallup is U.S. Bank, National Association, with the most-funded industry being Limited-Service Restaurants. See all Washington SBA lenders for statewide rankings.
SBA Loans in Puyallup by Business Type
Whether you’re starting a new business in Puyallup, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 23% of SBA loans in Puyallup (4 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 33% (8 loans) — if you’re looking to buy a business in Puyallup, this is a proven use case for SBA financing. Existing businesses make up 36% and typically receive the most favorable terms.
Top SBA Lenders in Puyallup, WA (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Puyallup businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | U.S. Bank, National Association | $2.9M | 7 | 9.3% |
| 2 | Gesa CU | $2.5M | 2 | 8.45% |
| 3 | Dogwood State Bank | $1.9M | 1 | 10% |
| 4 | Newtek Bank, National Association | $1.3M | 4 | 11.5% |
| 5 | KeyBank National Association | $1.2M | 6 | 10.65% |
| 6 | First Bank of the Lake | $1.2M | 1 | 9.5% |
| 7 | Kitsap Bank | $925K | 1 | 9.5% |
| 8 | Wells Fargo Bank National Association | $775K | 1 | 6.47% |
| 9 | Sound Credit Union | $719K | 7 | 11.43% |
| 10 | Hanmi Bank | $693K | 1 | 9.5% |
The top lenders in Puyallup have direct experience with local businesses and understand the Puyallup 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 Puyallup 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 Puyallup
One 5-minute application. 20+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Puyallup
These are the industries that received the most SBA 7(a) funding in Puyallup 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 |
|---|---|---|
| Limited-Service Restaurants | 3 | $3.1M |
| All Other Personal Services | 1 | $2.5M |
| Full-Service Restaurants | 2 | $1.5M |
| Other Waste Collection | 1 | $1.5M |
| Fruit and Vegetable Markets | 1 | $1.2M |
| General Automotive Repair | 2 | $807K |
| Homes for the Elderly | 1 | $775K |
| Freight Transportation Arrangement | 3 | $686K |
| Coin-Operated Laundries and Drycleaners | 1 | $671K |
| Offices of Physicians (except Mental Health Specialists) | 2 | $640K |
Lenders with experience funding your specific industry in Puyallup 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 Puyallup
Option 1: Apply directly to one of the top Puyallup 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 Puyallup-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.
