SHANE PIERSON · SBA DATA
SBA by City · Bellingham, WA

SBA Lending in Bellingham, Washington

The SBA FOIA record lists 1,020 7(a) approvals worth $354M for businesses in Bellingham, WA, and annual volume has fallen 41% versus the prior decade.

1,020
7(a) loans
$354M
Approved dollars
$347,473
Average loan size
#8
Rank in Washington
-41%
Annualized vs prior decade
2.1%
Active-status distress

Bellingham is the #8 SBA 7(a) market in Washington and #189 in the country. Since 1991 the FOIA record lists 1,020 approvals here worth $354M, averaging $347,473 each. Annual approval volume has fallen 41% between FY2013-2019 and FY2020-2026. Among 142 active-status loans, 2.1% are delinquent, past due, or in liquidation. The local business type with the most listed records is full-service restaurants.

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7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Active-status distress counts DELINQ, PSTDUE, or LIQUID loans as a share of CURR, DELINQ, PSTDUE, LIQUID, or DEFERD loans. Approval is not funding. FOIA record as of March 31, 2026. Methodology.

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