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Buying a Business in Washington

What SBA acquisition lending actually looks like in Washington, from loan-level government data.

FY2025 Acquisition Loans

324

$368.9M approved

Median Loan

$726,000

FY2020 through FY2025

Loans Since FY2020

1,433

$1.72B in total approvals

Share of U.S. Activity

4%

Of change-of-ownership loans

Most Active Acquisition Lenders in Washington

  1. 1. Live Oak Banking Company105 loans
  2. 2. Hanmi Bank102 loans
  3. 3. Columbia Bank101 loans
  4. 4. Gesa CU83 loans
  5. 5. Readycap Lending, LLC58 loans

A lender being active in Washington does not require a local branch; several top SBA lenders work nationally. Build a shortlist with Lender Match.

What Gets Bought in Washington

  • Limited-Service Restaurants127 loans
  • Full-Service Restaurants122 loans
  • Gasoline Stations with Convenience Stores68 loans
  • Hotels (except Casino Hotels) and Motels55 loans
  • Homes for the Elderly50 loans

Industry-specific pricing and diligence live in the Industry Buy Guides.

Method & Source

Computed from the SBA 7(a) FOIA loan-level dataset (FY2020 through FY2025), filtered to approvals flagged change of ownership with a Washington project address. Approvals, not closings; excludes conventional and 504 financing. Free to cite with attribution.

Everything here is educational information, not financial, legal, tax, or investment advice. Figures are estimates or cited third-party data; verify anything that matters against primary sources and your own advisors before acting on it.