STRONG
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
96
2010–2025
Total Volume
$39M
Gross loan amounts
States Active
1
With recorded loans
Programs
7(a) & 504
96 total segments
Whatcom Educational CU has a strong focus on 504 loans, with 34% of their deals in this category, significantly above the national average of 18%. This indicates they are well-suited for borrowers looking for real estate financing.
With an average 7(a) spread of P+2.02%, Whatcom Educational CU offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of your loan.
The lender's growth trend shows a 25% year-over-year increase in SBA deals, indicating they are expanding their lending capacity. This could mean better service and more willingness to approve loans for new applicants.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 33 504 loans, which use fixed SBA debenture rates.
States where Whatcom Educational CU has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Restaurants & Food Service
Accommodation & Food Services
Physician & Dental Offices
Health Care & Social Assistance
Other Health Practitioners
Health Care & Social Assistance
Administrative & Waste Services
Administrative & Waste Services
Other Repair & Services
Other Services
Personal Care (Salons, Spas)
Other Services
+ 7 more
All recorded SBA lending activity for Whatcom Educational CU, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Washington · Manufacturing · Under $150K | 7(a) | 10 | P+2.13% | $64K | Q4 2020 |
| Washington · Restaurants & Food Service · Under $150K | 7(a) | 7 | P+2.75% | $79K | Q4 2022 |
| Washington · Other Health Practitioners · Under $150K | 7(a) | 4 | P+2.63% | $31K | Q3 2018 |
| Washington · Specialty Trade Contractors · Under $150K | 7(a) | 4 | P+2.00% | $43K | Q3 2018 |
| Washington · Administrative & Waste Services · Under $150K | 7(a) | 4 | P+2.75% | $81K | Q2 2022 |
| Washington · Physician & Dental Offices · Under $150K | 7(a) | 3 | P+2.50% | $64K | Q2 2019 |
| Washington · Other Repair & Services · Under $150K | 7(a) | 3 | P+2.50% | $47K | Q3 2018 |
| Washington · Other Health Practitioners · $500K – $1M | 504 | 3 | — | $714K | Q3 2024 |
| Washington · Personal Care (Salons, Spas) · Under $150K | 7(a) | 2 | P+2.25% | $68K | Q3 2020 |
| Washington · Gas Stations · $500K – $1M | 504 | 2 | — | $533K | Q2 2012 |
| Washington · Auto Repair & Maintenance · $150K – $350K | 504 | 2 | — | $257K | Q3 2013 |
| Washington · Specialty Trade Contractors · $150K – $350K | 7(a) | 2 | P+1.63% | $176K | Q2 2018 |
| Washington · Restaurants & Food Service · $150K – $350K | 7(a) | 2 | P+2.13% | $255K | Q4 2018 |
| Washington · Retail Trade · Under $150K | 7(a) | 2 | P+2.63% | $28K | Q4 2017 |
| Washington · Manufacturing · $350K – $500K | 7(a) | 1 | P+2.50% | $351K | Q1 2016 |
| Washington · Manufacturing · $500K – $1M | 7(a) | 1 | P+1.75% | $750K | Q1 2023 |
| Washington · Wholesale Trade · $150K – $350K | 7(a) | 1 | P+2.50% | $221K | Q2 2021 |
| Washington · Transportation & Warehousing · Under $150K | 7(a) | 1 | P+2.75% | $100K | Q3 2016 |
| Washington · Transportation & Warehousing · $1M – $2M | 7(a) | 1 | P+1.25% | $1.1M | Q2 2018 |
| Washington · Real Estate · Under $150K | 7(a) | 1 | P+2.25% | $149K | Q3 2015 |
| Washington · Administrative & Waste Services · $150K – $350K | 7(a) | 1 | P+2.75% | $230K | Q1 2020 |
| Washington · Restaurants & Food Service · $1M – $2M | 504 | 1 | — | $1.1M | Q3 2019 |
| Washington · Physician & Dental Offices · $1M – $2M | 504 | 1 | — | $1.4M | Q4 2012 |
| Washington · Physician & Dental Offices · $350K – $500K | 504 | 1 | — | $418K | Q4 2014 |
| Washington · Hotels & Accommodation · $2M – $5M | 504 | 1 | — | $4.4M | Q3 2014 |
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