SBA Loans for Homes for the Elderly in Washington: Top Lenders
NAICS 623NAICS 623 covers homes for the elderly businesses in Washington. Based on historical SBA 7(a) lending data.
Total Approvals
40
in Washington
Median Loan Size
$700,350
per approval
Recent Activity
3
last 90 days through Aug 2025
NAICS 623 covers homes for the elderly businesses. This is a smaller category in SBA 7(a) lending with 40 approvals on record and a median loan size of $700,350.
Key trends & insights
- Homes for the Elderly in Washington lending is concentrated — Columbia Bank, Live OAK Banking Company, Bayfirst National Bank together account for 70% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Columbia Bank leads this industry with 23 approvals (57% market share) and a median loan of $720,000.
- Homes for the Elderly in Washington loans run larger than the SBA average — a $700,350 median vs. ~$450,000 across all industries. These businesses typically need more capital.
Most active SBA lenders for Homes for the Elderly in Washington
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 23 | $720,000 | |
| 2 | 3 | $1,800,000 | |
| 3 | 2 | $150,000 | |
| 4 | 2 | $717,500 | |
| 5 | 1 | $277,000 | |
| 6 | 1 | $150,000 | |
| 7 | 1 | $623,300 | |
| 8 | 1 | $100,000 | |
| 9 | 1 | $750,000 | |
| 10 | 1 | $50,000 | |
| 11 | 1 | $904,400 | |
| 12 | 1 | $1,500,000 | |
| 13 | 1 | $793,500 | |
| 14 | 1 | $29,500 |
Recent SBA 7(a) approvals for Homes for the Elderly in Washington
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | Bank Five Nine | Fid*****LLC | ABERDEEN, WA | $800,000 |
| 2025-11 | Newtek Bank, National Association | ABC*****Inc | Puyallup, WA | $25,000 |
| 2025-11 | US Metro Bank | Sha*****LLC | KENT, WA | $894,300 |
| 2025-11 | Newtek Bank, National Association | Bri*****LLC | Auburn, WA | $150,000 |
| 2025-11 | Columbia Bank | Coz*****LLC | UNIVERSITY PLACE, WA | $50,000 |
| 2025-09 | East West Bank | Mag*****AFH | KENNEWICK, WA | $780,000 |
| 2025-08 | Columbia Bank | Jos*****ams | WASHOUGAL, WA | $557,000 |
| 2025-08 | Columbia Bank | Tou*****.C. | TACOMA, WA | $50,000 |
| 2025-08 | Readycap Lending, LLC | Com*****LLC | Puyallup, WA | $50,000 |
| 2025-08 | Evolve Bank and Trust | A B*****LLC | Olympia, WA | $840,000 |
| 2025-07 | Columbia Bank | Gra*****LLC | VANCOUVER, WA | $50,000 |
| 2025-07 | Evolve Bank and Trust | Ide*****LLC | EDMONDS, WA | $2,371,900 |
| 2025-06 | Evolve Bank and Trust | Ape*****LLC | Edmonds, WA | $1,840,500 |
| 2025-06 | Live Oak Banking Company | Bel*****LLC | ALLYN, WA | $2,507,000 |
| 2025-06 | East West Bank | Red*****LLC | REDMOND, WA | $1,722,000 |
| 2025-04 | Columbia Bank | CRO*****LLC | SPANAWAY, WA | $50,000 |
| 2025-04 | Wells Fargo Bank National Association | Roh*****LLC | PUYALLUP, WA | $774,800 |
| 2025-04 | Columbia Bank | MOX*****LLC | SPANAWAY, WA | $50,000 |
| 2025-04 | Northeast Bank | A B*****LLC | Lynnwood, WA | $272,300 |
| 2025-03 | Columbia Bank | A Q*****Inc | Olympia, WA | $50,000 |
| 2025-02 | Live Oak Banking Company | Uni*****LLC | MOUNT VERNON, WA | $500,000 |
| 2025-02 | Live Oak Banking Company | Uni*****LLC | MOUNT VERNON, WA | $4,500,000 |
| 2025-01 | Gesa CU | New*****LLC | VANCOUVER, WA | $1,161,000 |
| 2025-01 | JPMorgan Chase Bank, National Association | PAC*****LLC | VANCOUVER, WA | $60,000 |
| 2024-12 | Gesa CU | OAS*****LLC | VANCOUVER, WA | $978,700 |
| 2024-12 | Commonwealth Business Bank | *EK*****LLC | SHORELINE, WA | $1,154,000 |
| 2024-12 | Celtic Bank Corporation | PER*****LLC | Spokane, WA | $904,400 |
| 2024-11 | Gesa CU | Add*****LLC | SEATAC, WA | $954,000 |
| 2024-11 | Columbia Bank | Aff*****LLC | KENT, WA | $50,000 |
| 2024-10 | Northeast Bank | LAV*****LLC | Olympia, WA | $150,000 |
| 2024-10 | Readycap Lending, LLC | Hol*****ome | Federal way, WA | $50,000 |
| 2024-09 | Gesa CU | GBL*****LLC | PUYALLUP, WA | $1,550,000 |
| 2024-09 | Gesa CU | M.K*****LLC | RENTON, WA | $1,120,000 |
| 2024-09 | JPMorgan Chase Bank, National Association | SUN*****LLC | TACOMA, WA | $50,000 |
| 2024-09 | Readycap Lending, LLC | The*****age | Kennewick, WA | $50,000 |
| 2024-09 | Gesa CU | Gre*****LLC | LYNNWOOD, WA | $1,299,000 |
| 2024-08 | Columbia Bank | Per*****LLC | SPOKANE VALLEY, WA | $50,000 |
| 2024-07 | Harborstone CU | ASA*****LLC | Vancouver, WA | $693,900 |
| 2024-07 | Columbia Bank | Riv*****nc. | KELSO, WA | $50,000 |
| 2024-06 | Columbia Bank | 1st*****LLC | SHORELINE, WA | $50,000 |
| 2024-06 | Gesa CU | Ama****ome | BELLEVUE, WA | $1,464,000 |
| 2024-03 | Gesa CU | Wed*****LLC | SEATTLE, WA | $1,071,000 |
| 2024-03 | CDC Small Business Finance Corp. | Joo*****LLC | Sammamish, WA | $277,000 |
| 2024-02 | Celtic Bank Corporation | GOO*****LLC | Auburn, WA | $1,064,400 |
| 2024-01 | Commonwealth Business Bank | Rom****ala | EVERETT, WA | $945,000 |
| 2024-01 | Columbia Bank | Sam*****LLC | EVERETT, WA | $50,000 |
| 2023-12 | JPMorgan Chase Bank, National Association | Cla***** Ll | MONROE, WA | $35,000 |
| 2023-11 | Columbia Bank | # ******LLC | EDMONDS, WA | $50,000 |
| 2023-11 | Live Oak Banking Company | Ple*****LLC | SEATTLE, WA | $1,475,000 |
| 2023-11 | Live Oak Banking Company | NOR*****AST | SEATTLE, WA | $1,475,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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