GOOD
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
297
2010–2026
Total Volume
$139M
Gross loan amounts
States Active
3
With recorded loans
Programs
7(a) & 504
297 total segments
Northrim Bank has a strong focus on existing businesses, with 53% of their deals serving this purpose. This makes them a solid choice for established businesses looking to expand or refinance.
With an average 7(a) spread of P+2.41%, Northrim Bank offers competitive pricing compared to the national median of P+2.75%. This could lead to significant savings on interest for borrowers.
Despite a strong historical performance, Northrim Bank's lending activity has declined by 53% year-over-year. This trend may indicate a tighter lending environment, so potential borrowers should be prepared for more scrutiny during the application process.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 62 504 loans, which use fixed SBA debenture rates.
States where Northrim Bank has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Transportation & Warehousing
Transportation & Warehousing
Specialty Trade Contractors
Construction
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Retail Trade
Retail Trade
Administrative & Waste Services
Administrative & Waste Services
Real Estate
Real Estate
Building Construction
Construction
+ 7 more
All recorded SBA lending activity for Northrim Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Alaska · Transportation & Warehousing · Under $150K | 7(a) | 10 | P+3.63% | $49K | Q1 2024 |
| Alaska · Restaurants & Food Service · Under $150K | 7(a) | 9 | P+2.75% | $60K | Q2 2022 |
| Alaska · Specialty Trade Contractors · Under $150K | 7(a) | 9 | P+2.50% | $57K | Q2 2024 |
| Alaska · Personal Care (Salons, Spas) · Under $150K | 7(a) | 8 | P+3.25% | $57K | Q1 2024 |
| Alaska · Transportation & Warehousing · $150K – $350K | 7(a) | 7 | P+2.00% | $253K | Q1 2023 |
| Alaska · Restaurants & Food Service · $500K – $1M | 7(a) | 7 | P+1.75% | $709K | Q4 2022 |
| Alaska · Manufacturing · Under $150K | 7(a) | 7 | P+2.50% | $57K | Q4 2023 |
| Alaska · Specialty Trade Contractors · $150K – $350K | 7(a) | 6 | P+2.75% | $235K | Q2 2022 |
| Alaska · Arts, Entertainment & Recreation · Under $150K | 7(a) | 6 | P+2.60% | $84K | Q2 2021 |
| Alaska · Real Estate · $500K – $1M | 7(a) | 6 | P+1.75% | $756K | Q3 2021 |
| Alaska · Retail Trade · Under $150K | 7(a) | 5 | P+4.25% | $65K | Q1 2020 |
| Alaska · Agriculture & Forestry · Under $150K | 7(a) | 5 | P+3.25% | $55K | Q1 2013 |
| Alaska · Food & Beverage Stores · Under $150K | 7(a) | 4 | P+2.88% | $76K | Q1 2021 |
| Alaska · Specialty Trade Contractors · $1M – $2M | 7(a) | 4 | P+1.50% | $1.5M | Q3 2024 |
| Alaska · Food & Beverage Stores · $350K – $500K | 7(a) | 4 | P+1.50% | $394K | Q4 2021 |
| Alaska · Building Construction · Under $150K | 7(a) | 4 | P+4.63% | $54K | Q3 2020 |
| Alaska · Agriculture & Forestry · $150K – $350K | 7(a) | 4 | P+2.13% | $233K | Q1 2024 |
| Alaska · Real Estate · $1M – $2M | 7(a) | 4 | P+0.65% | $1.5M | Q4 2022 |
| Alaska · Mining & Oil/Gas · $150K – $350K | 7(a) | 4 | P+2.25% | $275K | Q1 2023 |
| Alaska · Other Health Practitioners · Under $150K | 7(a) | 4 | P+3.00% | $40K | Q4 2019 |
| Alaska · Other Professional Services · Under $150K | 7(a) | 4 | P+3.38% | $56K | Q4 2015 |
| Alaska · Physician & Dental Offices · Under $150K | 7(a) | 4 | P+3.63% | $76K | Q2 2021 |
| Alaska · Administrative & Waste Services · Under $150K | 7(a) | 4 | P+4.00% | $58K | Q4 2022 |
| Alaska · Other Repair & Services · Under $150K | 7(a) | 4 | P+3.25% | $72K | Q1 2023 |
| Alaska · Sporting Goods & Hobby · $150K – $350K | 7(a) | 3 | P+2.25% | $300K | Q2 2014 |
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