SBA Loans for Insurance Agencies and Brokerages in Washington: Top Lenders

NAICS 524

NAICS 524 covers insurance agencies and brokerages businesses in Washington. Based on historical SBA 7(a) lending data.

Total Approvals

18

in Washington

Median Loan Size

$100,000

per approval

Recent Activity

0

last 90 days through Jun 2024

NAICS 524 covers insurance agencies and brokerages businesses. This is a smaller category in SBA 7(a) lending with 18 approvals on record and a median loan size of $100,000.

Key trends & insights

  • Insurance Agencies and Brokerages in Washington lending is concentrated — Columbia Bank, U.s. Bank, National Association, Banner Bank together account for 50% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Columbia Bank leads this industry with 4 approvals (22% market share) and a median loan of $15,000.
  • Insurance Agencies and Brokerages in Washington loans skew smaller than the SBA average at $100,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
  • SBA data for this industry goes through 2024-06-21 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Insurance Agencies and Brokerages in Washington

#LenderApprovalsMedian Size
14$15,000
23$339,300
32$17,500
42$300,500
51$752,000
61$50,000
71$150,000
81$445,000
91$500,000
101$250,000
111$30,000

Recent SBA 7(a) approvals for Insurance Agencies and Brokerages in Washington

MonthLenderBorrowerAmount
2025-07Columbia BankDer*****nc.$50,000
2025-06Readycap Lending, LLCMIC*****COM$50,000
2025-04Columbia BankKBG*****nc.$50,000
2025-03Columbia BankRic*****LLC$50,000
2024-12U.S. Bank, National AssociationCAM*****LLC$25,000
2024-11KeyBank National AssociationWai*****LLC$250,000
2024-11U.S. Bank, National AssociationMav*****Inc$972,700
2024-11Sound Credit UnionHol*****ing$15,000
2024-10Northeast BankCal*****Inc$85,000
2024-10Northeast BankS&O*****INC$96,000
2024-10Northeast BankSou*****Inc$96,200
2024-07Washington Trust BankCor*****LLC$50,000
2024-07Banner BankLeB*****LLC$50,000
2024-06Readycap Lending, LLCANC*****ERS$50,000
2024-06U.S. Bank, National AssociationCAM*****LLC$50,000
2024-05U.S. Bank, National AssociationSIL*****LLC$496,800
2024-04Columbia BankAli*****nc.$5,000
2024-04U.S. Bank, National AssociationMar*****ore$983,300
2024-04Columbia BankSal*****nc.$50,000
2024-04U.S. Bank, National AssociationCal*****nc.$126,000
2024-04Washington Trust BankHun*****nc.$500,000
2024-03Washington Trust BankHun*****nc.$800,000
2024-02U.S. Bank, National AssociationJUA*****INC$339,300
2024-01Glacier BankMIS*****NC.$30,000
2023-12FFB BankPen*****Inc$400,000
2023-11Columbia BankAir*****LLC$37,500
2023-10U.S. Bank, National AssociationCAM*****LLC$20,000
2023-06Heritage Bank IncBMI*****LLC$150,000
2022-12BMO Bank National AssociationPro*****LLC$524,500
2022-11U.S. Bank, National AssociationKAO*****INC$25,000
2022-10Columbia BankEdw*****our$25,000
2022-08Bank of America, National AssociationLIG*****INC$250,000
2022-07U.S. Bank, National AssociationFER*****REN$25,000
2022-07Five Star BankEDW*****INC$350,000
2022-06Bank of America, National AssociationPRO*****NC.$100,000
2022-06U.S. Bank, National AssociationLOR*****ACA$30,000
2022-04Pathward National AssociationYou*****LLC$500,000
2022-03Cathay BankRIC*****OLA$445,000
2022-02MVB Bank, Inc.Sal*****LLC$752,000
2022-01Columbia BankAli*****nc.$5,000
2021-12U.S. Bank, National AssociationDOU*****NCY$20,000
2021-09MVB Bank, Inc.Mav*****Inc$1,364,800
2021-08Banner BankCar*****LLC$15,000
2021-08Columbia BankReg*****nc.$25,000
2021-07KeyBank National AssociationHAR*****LLC$50,000
2021-06Banner BankJoe*****LLC$100,000
2021-06BMO Bank National AssociationHDT*****LLC$684,000
2021-04Columbia BankKim*****LLC$568,400
2020-10United Bank of PhiladelphiaRic*****LLC$267,000
2020-10Poppy BankTUC*****LLC$760,000

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

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