Loans held and dollars at Harborstone CU

SBA files 295 loans approved in FY2017 to FY2026 under Harborstone CU as holder. At Harborstone CU, dollar volume stands at $215.7 million gross, over 295 loans. Harborstone CU figures are holder-based: SBA's file, 295 loans, held now or before. Harborstone CU is not the guarantor. Every Harborstone CU loan on file is 7(a), 295 in all; none are 504. Harborstone CU holder status: assigned now or last.

196 of 295 loans have no tracked class, which leaves Harborstone CU class rows thinner. For Harborstone CU, full-service restaurant leads the class rows, 30 loans. Then 12 in limited-service restaurant, fitness center with 6 loans and child care center at 6. Lower Harborstone CU rows: assisted living (5), 5 loans in beverage manufacturing and 5 in automotive mechanical repair. Full-service restaurant: across 295 loans, check Harborstone CU for it.

Harborstone CU loans sit in 245 in Washington and Oregon (40), per SBA. For a project elsewhere, Harborstone CU has nothing nearby: a narrow footprint.

Harborstone CU: loans cancelled or charged off

9.5% is the cancellation floor at Harborstone CU, across FY2017 to FY2024 approvals. Also 9.5% is the ceiling; undisbursed Harborstone CU loans move nothing. At Harborstone CU, 5.5% is charged off to date among 127 loans disbursed FY2017 to FY2021. Harborstone CU five-year charge-offs stay off the page, by Loan Analytics' rule. Harborstone CU outcomes show; reasons do not. Harborstone CU cohort rates cover FY2017 to FY2021 disbursements. Harborstone CU: 9.5% is a floor, 295 loans notwithstanding, not a forecast. Harborstone CU loans keep seasoning, 295 of them; 9.5%, a floor, may climb.

Harborstone CU: what a borrower can take

Harborstone CU, a credit union: 295 recorded loans lend context. Harborstone CU has no row that says what Harborstone CU wants from a borrower. For Harborstone CU, weigh limited-service restaurant, 295 loans deep, and the project against Oregon. Harborstone CU: other sources go in the study.

295 loans replace nothing in the study; $215.7 million gross at Harborstone CU informs it only. 295 loans at Harborstone CU set no limited-service restaurant demand; Oregon conditions decide it, not Harborstone CU. Budget lines meet raised funds, 295 loans staying aside. 295 loans give Harborstone CU breadth, not depth. 295 loans or one, a margin must absorb 9.5% at least, Harborstone CU aside. Harborstone CU aside, debt service coverage keeps 9.5% in view, on stabilized income. Collateral for Harborstone CU rests on the appraisal. Harborstone CU: no study promises approval; 295 loans or none, it prepares the file.

SBA loans held by Harborstone CU

SBA guarantees these loans; the lender does not. The lender's name and every figure come from the U.S. Small Business Administration's public 7(a) and 504 FOIA file (data.sba.gov).

7(a) lender is the bank or lender the loan is currently assigned to (or last held it), as SBA records it; 504 lender is the Certified Development Company (CDC). 504 third-party (first-lien) lenders are free text with no identifier and are not credited.

Loans approved, FY2017 to FY2026	295
Gross dollars approved	$215.7 million
SBA 7(a) loans	295
SBA 504 loans	0

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	9.5%
The same, counting loans still undisbursed as cancelled (a ceiling)	9.5%
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	5.5%
Charged off within five years of approval	withheld
Loans in that cohort	127

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

Loans by asset class

Asset class	Loans
Not in any of the 39 asset classes	196
Full-service restaurant	30
Limited-service restaurant	12
Fitness center	6
Child care center	6
Assisted living (without nursing care)	5
Beverage manufacturing (breweries, wineries, distilleries)	5
Automotive mechanical repair (car and truck)	5
Coffee shop and snack bar	5

Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

Loans by project state

State or area	Loans
Washington	245
Oregon	40

States with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; Loan Analytics lender cell LP-ncua-66399.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project anywhere in the United States, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan, by Harborstone CU or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

Harborstone CU: SBA Lending Record