SBA Loans for Medicinal and Botanical Manufacturing in Washington: Top Lenders

NAICS 325

NAICS 325 covers medicinal and botanical manufacturing businesses in Washington. Based on historical SBA 7(a) lending data.

Total Approvals

5

in Washington

Median Loan Size

$1,483,000

per approval

Recent Activity

0

last 90 days through Mar 2025

NAICS 325 covers medicinal and botanical manufacturing businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $1,483,000.

Key trends & insights

  • Medicinal and Botanical Manufacturing in Washington lending is concentrated — Keybank, National Association, U.s. Bank, National Association, Harborstone CU together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Keybank, National Association leads this industry with 3 approvals (60% market share) and a median loan of $650,000.
  • Medicinal and Botanical Manufacturing in Washington loans run larger than the SBA average — a $1,483,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
  • SBA data for this industry goes through 2025-03-25 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Medicinal and Botanical Manufacturing in Washington

#LenderApprovalsMedian Size
13$650,000
21$2,181,500
31$2,293,000

Recent SBA 7(a) approvals for Medicinal and Botanical Manufacturing in Washington

MonthLenderBorrowerAmount
2025-03KeyBank National AssociationENF*****LLC$650,000
2025-03KeyBank National AssociationENF*****LLC$250,000
2024-12KeyBank National AssociationUma****LLC$100,000
2024-12KeyBank National AssociationUma****LLC$200,000
2024-06Washington Trust BankNic*****LLC$475,000
2023-10U.S. Bank, National AssociationTPS*****ck)$515,000
2023-06Washington Trust BankNic*****LLC$104,000
2023-06Washington Trust BankNic*****LLC$246,000
2022-06KeyBank National AssociationNit*****LLC$1,483,000
2022-04Columbia BankAud*****Inc$25,000
2021-08U.S. Bank, National AssociationBIG*****LLC$2,181,500
2021-08Columbia BankSal*****nc.$4,007,500
2021-07Heritage BankDP *****LLC$1,076,000
2021-05Glacier BankSEL*****NC.$5,000,000
2021-04Columbia BankLif*****nc.$25,000
2020-08Harborstone CU405*****LLC$2,293,000
2020-03KeyBank National AssociationNit*****LLC$852,000
2020-03KeyBank National AssociationPac*****LLC$75,000
2019-10Stearns Bank National AssociationEB***LLC$680,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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