SBA Loans for Electrical Contractors in Washington: Top Lenders
NAICS 238NAICS 238 covers electrical contractors businesses in Washington. Based on historical SBA 7(a) lending data.
Total Approvals
167
in Washington
Median Loan Size
$150,000
per approval
Recent Activity
9
last 90 days through Dec 2025
NAICS 238 covers electrical contractors businesses. This is a moderately active sector for SBA 7(a) lending with 167 approvals and a median loan size of $150,000.
Key trends & insights
- U.s. Bank, National Association leads this industry with 26 approvals (18% market share) and a median loan of $50,000.
- Electrical Contractors in Washington loans skew smaller than the SBA average at $150,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Electrical Contractors in Washington
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 26 | $50,000 | |
| 2 | 20 | $33,500 | |
| 3 | 18 | $75,000 | |
| 4 | 9 | $350,000 | |
| 5 | 9 | $150,000 | |
| 6 | 9 | $476,700 | |
| 7 | 8 | $210,500 | |
| 8 | 6 | $232,500 | |
| 9 | 5 | $150,000 | |
| 10 | 5 | $49,900 | |
| 11 | 4 | $200,000 | |
| 12 | 4 | $386,500 | |
| 13 | 3 | $500,000 | |
| 14 | 3 | $591,500 | |
| 15 | 3 | $1,000,000 | |
| 16 | 2 | $566,000 | |
| 17 | 2 | $222,500 | |
| 18 | 2 | $68,250 | |
| 19 | 2 | $212,500 | |
| 20 | 2 | $542,000 |
Recent SBA 7(a) approvals for Electrical Contractors in Washington
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | JPMorgan Chase Bank, National Association | SDA*****INC | BELLEVUE, WA | $360,000 |
| 2025-11 | The Huntington National Bank | GOV*****LLC | SEATTLE, WA | $300,000 |
| 2025-11 | The Huntington National Bank | GOV*****LLC | SEATTLE, WA | $50,000 |
| 2025-11 | WaFd Bank | All*****LLC | PUYALLUP, WA | $100,000 |
| 2025-11 | Harvest Small Business Finance, LLC | Spr*****LLC | BELFAIR, WA | $250,000 |
| 2025-11 | Columbia Bank | Inl*****LLC | SPRINGDALE, WA | $30,000 |
| 2025-08 | KeyBank National Association | Pip*****LLC | Maple Valley, WA | $50,000 |
| 2025-08 | RiverBank | Pro*****Inc | ROCKFORD, WA | $50,000 |
| 2025-06 | Banner Bank | Roc*****LLC | RICHLAND, WA | $450,000 |
| 2025-05 | U.S. Bank, National Association | STE*****LLC | BUCKLEY, WA | $2,911,000 |
| 2025-05 | Columbia Bank | Hem*****LLC | ANACORTES, WA | $29,000 |
| 2025-05 | KeyBank National Association | Mil*****LLC | Eatonville, WA | $15,000 |
| 2025-03 | U.S. Bank, National Association | CRO*****LLC | TACOMA, WA | $883,300 |
| 2025-03 | Northeast Bank | ELI*****NC. | TUMWATER, WA | $500,000 |
| 2025-03 | Bank of America, National Association | Bra*****LLC | SPOKANE, WA | $941,900 |
| 2025-03 | Banner Bank | Lig*****LLC | BOTHELL, WA | $10,000 |
| 2025-03 | U.S. Bank, National Association | EXP*****INC | WASHOUGAL, WA | $74,400 |
| 2025-03 | U.S. Bank, National Association | AND*****LLC | ARLINGTON, WA | $50,000 |
| 2025-02 | JPMorgan Chase Bank, National Association | L&A*****LLC | EVERETT, WA | $20,000 |
| 2025-02 | Numerica CU | BIR*****LLC | SPOKANE, WA | $273,000 |
| 2025-02 | U.S. Bank, National Association | ENE*****LLC | CLINTON, WA | $50,000 |
| 2025-02 | Live Oak Banking Company | SUL*****LLC | BELLINGHAM, WA | $1,000,000 |
| 2025-02 | Northeast Bank | IMP*****LLC | Orting, WA | $135,700 |
| 2025-01 | U.S. Bank, National Association | AWN*****INC | LAKEWOOD, WA | $40,000 |
| 2025-01 | Sound Credit Union | Rin*****LLC | BUCKLEY, WA | $49,900 |
| 2024-12 | Banner Bank | REA*****LLC | TACOMA, WA | $200,000 |
| 2024-12 | Northeast Bank | CIG*****LLC | SPOKANE, WA | $150,000 |
| 2024-12 | Mountain Pacific Bank | COR*****LLC | WOODINVILLE, WA | $340,000 |
| 2024-11 | JPMorgan Chase Bank, National Association | Tri*****Llc | SNOHOMISH, WA | $250,000 |
| 2024-11 | Northwest Bank | EAS*****ION | WOODINVILLE, WA | $796,000 |
| 2024-10 | Celtic Bank Corporation | 3T *****nc. | Vancouver, WA | $310,300 |
| 2024-10 | Lendistry SBLC, LLC | ATD****INC | Maple Valley, WA | $452,700 |
| 2024-10 | Columbia Bank | Alw*****nc. | CLE ELUM, WA | $50,000 |
| 2024-08 | Washington Trust Bank | Que*****nc. | SEATTLE, WA | $2,000,000 |
| 2024-08 | Banner Bank | Bog*****nc. | BOW, WA | $100,000 |
| 2024-08 | Banner Bank | Jus*****LLC | YAKIMA, WA | $1,220,000 |
| 2024-08 | Northeast Bank | ISL*****LLC | Friday Harbor, WA | $250,000 |
| 2024-08 | Harborstone CU | Bel*****LLC | BELLINGHAM, WA | $75,000 |
| 2024-08 | GBank | AMK*****LLC | BRUSH PRAIRIE, WA | $944,700 |
| 2024-08 | Columbia Bank | Gle*****son | COLFAX, WA | $20,000 |
| 2024-08 | Wells Fargo Bank National Association | WES*****LLC | EASTSOUND, WA | $15,000 |
| 2024-08 | Wells Fargo Bank National Association | MLD*****LLC | VANCOUVER, WA | $850,000 |
| 2024-07 | U.S. Bank, National Association | Ser*****nc. | LYNNWOOD, WA | $1,470,500 |
| 2024-06 | Banner Bank | Kne*****LLC | EAST WENATCHEE, WA | $150,000 |
| 2024-06 | JPMorgan Chase Bank, National Association | JRV*****INC | SULTAN, WA | $200,000 |
| 2024-05 | Sound Credit Union | Ear*****ted | EVERETT, WA | $500,000 |
| 2024-05 | U.S. Bank, National Association | Mar*****LLC | AUBURN, WA | $623,700 |
| 2024-04 | Columbia Bank | Fro*****ing | SNOHOMISH, WA | $50,000 |
| 2024-04 | Sound Credit Union | Key*****LLC | BURIEN, WA | $20,000 |
| 2024-04 | United Midwest Savings Bank National Association | LEA*****NTY | KINGSTON, WA | $275,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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