GOOD
How competitive are their spreads? Lower = better for you.
STRONG
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
1,229
2010–2026
Total Volume
$1.1B
Gross loan amounts
States Active
7
With recorded loans
Programs
504
1229 total segments
Northwest Business Development focuses almost exclusively on existing businesses, with 90% of their deals in this category. This makes them a strong choice for established companies looking to expand or refinance.
With an average deal size of $860,984 and a significant number of deals in the $500K-$1M range (387 deals), this lender is well-suited for borrowers seeking substantial financing, particularly in the real estate sector.
Despite being a well-known lender, Northwest Business Development has seen a 16% decline in deal volume year-over-year. This trend may indicate a tightening of lending standards or reduced demand, which could affect approval rates for new borrowers.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 1,229 504 loans, which use fixed SBA debenture rates.
States where Northwest Business Development has recorded SBA lending activity.
+ 2 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Restaurants & Food Service
Accommodation & Food Services
Specialty Trade Contractors
Construction
Physician & Dental Offices
Health Care & Social Assistance
Other Health Practitioners
Health Care & Social Assistance
Hotels & Accommodation
Accommodation & Food Services
Wholesale Trade
Wholesale Trade
Auto Repair & Maintenance
Other Services
+ 7 more
All recorded SBA lending activity for Northwest Business Development, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Washington · Manufacturing · $500K – $1M | 504 | 35 | — | $696K | Q1 2025 |
| Washington · Restaurants & Food Service · $150K – $350K | 504 | 34 | — | $246K | Q1 2025 |
| Washington · Physician & Dental Offices · $500K – $1M | 504 | 29 | — | $700K | Q1 2025 |
| Washington · Hotels & Accommodation · $2M – $5M | 504 | 25 | — | $3.3M | Q3 2024 |
| Washington · Restaurants & Food Service · $500K – $1M | 504 | 23 | — | $713K | Q2 2025 |
| Washington · Specialty Trade Contractors · $500K – $1M | 504 | 23 | — | $708K | Q3 2024 |
| Washington · Manufacturing · $1M – $2M | 504 | 21 | — | $1.4M | Q4 2024 |
| Washington · Other Health Practitioners · $500K – $1M | 504 | 21 | — | $700K | Q3 2024 |
| Washington · Auto Repair & Maintenance · $500K – $1M | 504 | 20 | — | $694K | Q1 2025 |
| Washington · Other Health Practitioners · $150K – $350K | 504 | 19 | — | $247K | Q3 2025 |
| Washington · Physician & Dental Offices · $150K – $350K | 504 | 18 | — | $227K | Q3 2025 |
| Washington · Manufacturing · $150K – $350K | 504 | 17 | — | $253K | Q3 2024 |
| Washington · Manufacturing · $350K – $500K | 504 | 15 | — | $441K | Q4 2024 |
| Washington · Specialty Trade Contractors · $150K – $350K | 504 | 14 | — | $230K | Q3 2021 |
| Washington · Physician & Dental Offices · $1M – $2M | 504 | 14 | — | $1.3M | Q4 2024 |
| Washington · Legal Services · $150K – $350K | 504 | 13 | — | $261K | Q3 2023 |
| Washington · Manufacturing · $2M – $5M | 504 | 13 | — | $2.6M | Q1 2025 |
| Washington · Auto Dealers & Parts · $500K – $1M | 504 | 12 | — | $799K | Q2 2022 |
| Washington · Other Health Practitioners · $350K – $500K | 504 | 12 | — | $423K | Q2 2023 |
| Washington · Specialty Trade Contractors · $1M – $2M | 504 | 12 | — | $1.5M | Q4 2024 |
| Washington · Wholesale Trade · $500K – $1M | 504 | 12 | — | $780K | Q2 2025 |
| Washington · Specialty Trade Contractors · $350K – $500K | 504 | 11 | — | $408K | Q3 2023 |
| Washington · Real Estate · $500K – $1M | 504 | 11 | — | $637K | Q2 2022 |
| Washington · Building Construction · $500K – $1M | 504 | 10 | — | $692K | Q2 2025 |
| Washington · Other Professional Services · $500K – $1M | 504 | 10 | — | $761K | Q2 2024 |
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Real experiences from borrowers who closed SBA loans with Northwest Business Development.
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Matched to real SBA lending records. LenderHawk is not affiliated with or endorsed by these podcasts.