SBA Loans for Industrial Machinery and Equipment Merchant Wholesalers in Washington: Top Lenders

NAICS 423

NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses in Washington. Based on historical SBA 7(a) lending data.

Total Approvals

35

in Washington

Median Loan Size

$150,000

per approval

Recent Activity

0

last 90 days through Mar 2025

NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses. This is a smaller category in SBA 7(a) lending with 35 approvals on record and a median loan size of $150,000.

Key trends & insights

  • Industrial Machinery and Equipment Merchant Wholesalers 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 Industrial Machinery and Equipment Merchant Wholesalers in Washington

#LenderApprovalsMedian Size
15$75,000
25$500,000
33$350,000
43$25,000
53$100,000
62$756,700
72$200,000
81$500,000
91$1,061,200
101$150,000
111$150,000
121$3,723,000
131$65,000
141$15,000
151$150,000
161$4,467,500
171$200,000
181$35,000
191$1,440,000

Recent SBA 7(a) approvals for Industrial Machinery and Equipment Merchant Wholesalers in Washington

MonthLenderBorrowerAmount
2025-03Northeast BankSpi*****LLC$100,000
2025-03BayFirst National BankCHI*****LLC$110,000
2025-03Banner BankLMG*****LLC$75,000
2025-03Banner BankLMG*****LLC$75,000
2025-03Banner BankLMG*****LLC$32,000
2025-02Banner BankSys*****LLC$100,000
2025-02Northeast BankAQU*****LLC$100,000
2025-01Colony BankBig*****LLC$150,000
2025-01U.S. Bank, National AssociationELI*****INC$50,000
2024-12Lendistry SBLC, LLCGr8*****Inc$150,000
2024-06Glacier BankNor*****LLC$200,000
2024-06Northeast BankADD*****LLC$50,000
2024-04Columbia BankRTA*****LLC$25,000
2024-04Washington Trust BankKAU*****LLC$500,000
2024-03Heritage Bank IncIRB*****NC.$150,000
2024-02JPMorgan Chase Bank, National AssociationGUY*****HER$35,000
2024-02Washington Trust BankCed*****nc.$2,600,000
2024-01Banner BankRic*****LLC$25,000
2023-11Washington Trust BankIrr*****nc.$774,100
2023-08Washington Trust BankEli*****LLC$38,000
2023-08Glacier BankBIG*****INC$200,000
2023-04Washington Trust BankNW *****LLC$250,000
2023-03BayFirst National BankCon*****LLC$1,403,400
2022-08Heritage BankMOR*****NC.$3,723,000
2022-06Wells Fargo Bank National AssociationDRA*****LLC$15,000
2022-05City National BankVis*****LLC$500,000
2021-11Bank of America, National AssociationHea*****nc.$200,000
2021-08U.S. Bank, National AssociationNib*****LLC$1,742,500
2021-08U.S. Bank, National AssociationSOU*****LLC$350,000
2021-05Numerica CUTO****LLC$65,000
2021-05Columbia BankPac*****LLC$25,000
2021-02Columbia Bank410*****LLC$25,000
2020-08Enterprise Bank & TrustThe*****LLC$4,467,500
2020-08US Metro BankReg*****LLC$1,440,000
2020-07Evolve Bank and TrustAdv*****LLC$1,061,200

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

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