SBA lending data · fiscal year 2025
32 lenders funded limited-service restaurants in Washington last year
86 SBA 7(a) loans approved under NAICS 722513. Median approval $322,150, median term 120 months, median initial rate 10%.
What was actually approved
Half of all approvals in this industry and state fell between $161,000 and $577,500. A request well outside that band is not impossible — it draws more scrutiny on collateral and management experience.
The most active lenders
Ranked by how many loans each actually approved in this industry and state — not by advertising spend. A lender that has written twenty of these already knows the questions to ask.
- 1Hanmi Bank12 loans · $3.4M
- 2GBC International Bank8 loans · $3.3M
- 3East West Bank8 loans · $2.6M
- 4Heritage Bank6 loans · $8M
- 5Columbia Bank4 loans · $0.5M
- 6Readycap Lending, LLC4 loans · $2.3M
- 7KeyBank National Association4 loans · $1.9M
- 8Northeast Bank4 loans · $0.9M
- 9Harborstone CU4 loans · $0.5M
- 10Gesa CU3 loans · $0.9M
- 11U.S. Bank, National Association3 loans · $0.3M
- 12Wells Fargo Bank National Association2 loans · $0.2M
This list is not a recommendation and these lenders have no relationship with this site. It reports approvals recorded in U.S. Small Business Administration, FOIA 7(a) and 504 loan approval data (data.sba.gov), fiscal year 2025, as of 2026-06-30.
Is this industry getting easier or harder to finance?
| Fiscal year | Loans | Lenders | Median approval |
|---|---|---|---|
| FY2023 | 72 | 30 | $269,550 |
| FY2024 | 67 | 28 | $341,900 |
| FY2025 | 86 | 32 | $322,150 |
Only completed fiscal years are shown. The SBA fiscal year ends 30 September; a partial year compared against full ones makes any industry look like it is closing.
Where this comes from
The SBA publishes every approved 7(a) and 504 loan under FOIA: the lender, the borrower's state, the industry code, the amount, the term and the initial rate. We indexed 4 fiscal years of it, alongside Census and BLS data. Figures on this page are as published on 2026-06-30.
This page reports approvals. It says nothing about how many applications were declined, and it is not a prediction about yours. This site is not affiliated with, endorsed by, or approved by the U.S. Small Business Administration.
Other industries in Washington
- Full-Service Restaurants · 121 loans
- Residential Remodelers · 82 loans
- Fitness and Recreational Sports Centers · 52 loans
- Plumbing, Heating, and Air-Conditioning Contractors · 49 loans
- General Automotive Repair · 40 loans
- General Freight Trucking, Long-Distance, Truckload · 37 loans
- Snack and Nonalcoholic Beverage Bars · 37 loans
- All Other Specialty Trade Contractors · 32 loans
Limited-Service Restaurants in other states
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