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SBA Loans for Homes for the Elderly in Washington: Top Lenders

NAICS 623

NAICS 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

#LenderApprovalsMedian Size
1
Columbia Bank
23$720,000
2
Live OAK Banking Company
3$1,800,000
3
Bayfirst National Bank
2$150,000
4
Commonwealth Business Bank
2$717,500
5
CDC Small Business Finance, CORP.
1$277,000
6
Northeast Bank
1$150,000
7
Harborstone CU
1$623,300
8
Cadence Bank
1$100,000
9
Mountain Pacific Bank
1$750,000
10
Readycap Lending, LLC
1$50,000
11
Celtic Bank, CORP.
1$904,400
12
Gesa CU
1$1,500,000
13
Commencement Bank
1$793,500
14
Glacier Bank
1$29,500

Recent SBA 7(a) approvals for Homes for the Elderly in Washington

MonthLenderBorrowerAmount
2025-08Columbia BankTou*****.C.$50,000
2025-08Readycap Lending, LLCCom*****LLC$50,000
2025-06Live Oak Banking CompanyBel*****LLC$2,507,000
2025-03Columbia BankA Q*****Inc$50,000
2024-12Celtic Bank CorporationPER*****LLC$904,400
2024-10Northeast BankLAV*****LLC$150,000
2024-08Columbia BankPer*****LLC$50,000
2024-06Columbia Bank1st*****LLC$50,000
2024-03CDC Small Business Finance Corp.Joo*****LLC$277,000
2024-01Commonwealth Business BankRom****ala$945,000
2023-11Live Oak Banking CompanyNOR*****AST$1,475,000
2023-08Gesa CUMag*****LLC$1,500,000
2023-07BayFirst National BankA B*****LLC$150,000
2023-01Commonwealth Business BankMax*****sah$490,000
2022-12Columbia BankALP*****.C.$1,530,000
2022-12Columbia BankAga*****LLC$1,440,000
2022-11Columbia BankKri*****LLC$912,000
2022-08Columbia BankLiv*****LLC$478,200
2022-08Columbia BankTra*****son$416,800
2022-08Columbia BankGlo*****LLC$1,200,000
2022-07Columbia BankBel*****LLC$2,273,900
2022-07Columbia BankApr*****LLC$764,400
2022-03Columbia BankNew*****LLC$1,223,300
2022-03Cadence BankKup*****LLC$100,000
2022-02Columbia BankRal*****aga$1,355,700
2022-02Columbia BankCHE*****LLC$648,700
2021-12Columbia BankBot*****LLC$1,429,800
2021-11Columbia BankLov*****LLC$868,700
2021-08Mountain Pacific BankHea*****LLC$750,000
2021-08Commencement BankSil*****LLC$793,500
2021-06Columbia BankGal*****LLC$720,000
2021-05Columbia BankPre*****LLC$681,100
2021-03Harborstone CUANT*****LLC$623,300
2020-11Columbia BankGre*****LLC$1,385,000
2020-11BayFirst National BankLov*****LLC$150,000
2020-11Live Oak Banking CompanyGar*****AFH$1,800,000
2020-08Columbia BankA.B*****LLC$802,500
2020-06Glacier BankADU*****LLC$29,500
2020-05Columbia BankMar*****LLC$547,900
2020-05Columbia Bank'Ho*****LLC$533,000
2020-05Columbia BankBro*****LLC$546,300
2020-05Columbia BankF &*****LLC$680,700

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

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