FAIR
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
151
2010–2026
Total Volume
$68M
Gross loan amounts
States Active
9
With recorded loans
Programs
7(a) & 504
151 total segments
WaFd Bank has a significant focus on 504 loans, making up 31% of their total SBA deals. This is notably higher than the national average of around 18%, indicating they are well-suited for borrowers looking to finance real estate or large equipment purchases.
The average deal size at WaFd Bank is $449,340, with a majority of deals (95) under $150K. If you're seeking a larger loan, particularly over $1M, you may find fewer options here, as only 34 deals fall into that range.
WaFd Bank has experienced a remarkable growth trend of +1186% year-over-year in their SBA lending, suggesting they are actively expanding their lending capacity. This could mean more favorable terms and a willingness to work with new borrowers.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 47 504 loans, which use fixed SBA debenture rates.
States where WaFd Bank has recorded SBA lending activity.
+ 4 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Transportation & Warehousing
Transportation & Warehousing
Wholesale Trade
Wholesale Trade
Other Health Practitioners
Health Care & Social Assistance
Building Construction
Construction
Administrative & Waste Services
Administrative & Waste Services
+ 7 more
All recorded SBA lending activity for WaFd Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Washington · Restaurants & Food Service · Under $150K | 7(a) | 6 | P+4.69% | $28K | Q4 2025 |
| Arizona · Restaurants & Food Service · Under $150K | 7(a) | 5 | P+4.50% | $23K | Q4 2025 |
| Washington · Specialty Trade Contractors · Under $150K | 7(a) | 4 | P+4.25% | $40K | Q4 2025 |
| Oregon · Retail Trade · Under $150K | 7(a) | 3 | P+2.25% | $72K | Q1 2011 |
| Washington · Manufacturing · Under $150K | 7(a) | 3 | P+4.50% | $46K | Q4 2025 |
| Washington · Transportation & Warehousing · Under $150K | 7(a) | 3 | P+4.50% | $53K | Q4 2025 |
| Idaho · Auto Repair & Maintenance · Under $150K | 7(a) | 3 | P+4.88% | $27K | Q4 2025 |
| Oregon · Transportation & Warehousing · Under $150K | 7(a) | 3 | P+4.50% | $43K | Q3 2025 |
| Oregon · Manufacturing · Under $150K | 7(a) | 3 | P+4.00% | $33K | Q4 2025 |
| Arizona · Transportation & Warehousing · $2M – $5M | 504 | 3 | — | $3.7M | Q2 2021 |
| Idaho · Administrative & Waste Services · Under $150K | 7(a) | 3 | P+4.75% | $37K | Q4 2025 |
| Arizona · Manufacturing · Under $150K | 7(a) | 2 | P+4.88% | $23K | Q4 2025 |
| Oregon · Other Health Practitioners · Under $150K | 7(a) | 2 | P+3.63% | $38K | Q3 2025 |
| Utah · Manufacturing · Under $150K | 7(a) | 2 | P+4.50% | $15K | Q3 2025 |
| Nevada · Wholesale Trade · Under $150K | 7(a) | 2 | P+5.00% | $23K | Q3 2025 |
| Oregon · Personal Care (Salons, Spas) · Under $150K | 7(a) | 2 | P+4.25% | $40K | Q3 2025 |
| Washington · Food & Beverage Stores · Under $150K | 7(a) | 2 | P+3.38% | $45K | Q3 2025 |
| Oregon · Manufacturing · $150K – $350K | 7(a) | 2 | P+1.75% | $343K | Q4 2025 |
| Oregon · Building Construction · Under $150K | 7(a) | 2 | P+4.69% | $28K | Q4 2025 |
| Idaho · Specialty Trade Contractors · Under $150K | 7(a) | 2 | P+4.75% | $33K | Q3 2025 |
| Washington · Personal Care (Salons, Spas) · Under $150K | 7(a) | 2 | P+4.94% | $20K | Q4 2025 |
| Arizona · Wholesale Trade · $2M – $5M | 504 | 2 | — | $3.7M | Q1 2025 |
| Texas · Specialty Trade Contractors · Under $150K | 7(a) | 2 | P+4.25% | $63K | Q4 2025 |
| Washington · Transportation & Warehousing · $500K – $1M | 504 | 2 | — | $602K | Q2 2014 |
| Oregon · Management & IT Consulting · Under $150K | 7(a) | 2 | P+4.50% | $29K | Q4 2025 |
Get a free personalized report comparing this lender against the best matches for your specific situation.
Free. No broker fees. Results in 10-15 minutes.
Real experiences from borrowers who closed SBA loans with WaFd Bank.
No reviews yet. Be the first to review WaFd Bank.