Heritage Bank (WA): SBA Lending Record
What SBA's own loan files show about Heritage Bank (WA) as an SBA lender, and how a lender's record bears on a feasibility study.
SBA's public loan files credit Heritage Bank (WA) with 472 loans approved from FY2017 to FY2026, for $290.1 million in gross dollars. The $290.1 million for Heritage Bank (WA) counts approved dollars, not balances. 472 loans sit under SBA 7(a), every Heritage Bank (WA) loan here. Heritage Bank (WA) reads 0 under SBA 504. 472 loans are records SBA keeps on Heritage Bank (WA). SBA, not Heritage Bank (WA), carries each guarantee. Each of the 472 loans is assigned to Heritage Bank (WA) now, or last held by it. For Heritage Bank (WA), the split means SBA 7(a) only: 472 loans. Here, Heritage Bank (WA) means the holder SBA names. Heritage Bank (WA)'s 472 loans span FY2017 to FY2026 approvals.
Heritage Bank (WA): asset classes and states
For Heritage Bank (WA), these classes lead: full-service restaurant with 42 loans; limited-service restaurant with 25 loans; rehabilitation and therapy clinic with 11 loans. Another 336 loans credited to Heritage Bank (WA) fall outside all of those classes. Heritage Bank (WA)'s 472 loans: a slice sits in named classes. Heritage Bank (WA) lists 42 loans in full-service restaurant. Heritage Bank (WA) loans lead, by state, in Washington with 415 loans; Oregon with 52 loans; Idaho with 5 loans. Heritage Bank (WA)'s sample for Washington sites is 415 loans. Heritage Bank (WA)'s counts are a map only.
Heritage Bank (WA): outcome floors
7.8% of Heritage Bank (WA) approvals, FY2017 to FY2024, were cancelled. For Heritage Bank (WA), 7.8% is a floor. Heritage Bank (WA)'s floor stops at FY2024 approvals. For Heritage Bank (WA), 7.8% is the ceiling. The Heritage Bank (WA) ceiling counts undisbursed loans as cancelled. Heritage Bank (WA): rates match, so the floor stands. Heritage Bank (WA): the cohort runs FY2017 to FY2021. Heritage Bank (WA)'s cohort holds 249 disbursed loans. 3.6% of Heritage Bank (WA) loans are charged off to date. For Heritage Bank (WA), 3.6% is a floor. Heritage Bank (WA): the two rates cover different loans. Heritage Bank (WA)'s five-year rate is withheld. For Heritage Bank (WA), under 30 loans means no rate.
Heritage Bank (WA): the study comes first
Heritage Bank (WA)'s $290.1 million and 472 loans are on record. At Heritage Bank (WA), demand comes first: who pays? For Heritage Bank (WA), cost is second; 472 loans do not replace a quote. For Heritage Bank (WA), third is debt service coverage. Heritage Bank (WA): 3.6% and 7.8% are floors. At Heritage Bank (WA), the appraisal comes last: 472 loans cannot set your value. Heritage Bank (WA)'s record cannot settle cost. Here Heritage Bank (WA) is a holder, not a verdict. Heritage Bank (WA)'s 472 loans state nothing about its requirements. Ask Heritage Bank (WA) directly. Test first, then compare with Heritage Bank (WA)'s 472 loans. Ask Heritage Bank (WA) what a complete study contains.
SBA loans held by Heritage Bank (WA)
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 | 472 |
|---|---|
| Gross dollars approved | $290.1 million |
| SBA 7(a) loans | 472 |
| SBA 504 loans | 0 |
Cancellation and charge-off
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 7.8% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | 7.8% |
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | 3.6% |
| Charged off within five years of approval | withheld |
| Loans in that cohort | 249 |
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 | 336 |
| Full-service restaurant | 42 |
| Limited-service restaurant | 25 |
| Rehabilitation and therapy clinic | 11 |
| Assisted living (without nursing care) | 8 |
| Beauty salon | 8 |
| Coffee shop and snack bar | 6 |
| Dental office | 5 |
| Automotive mechanical repair (car and truck) | 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 | 415 |
| Oregon | 52 |
| Idaho | 5 |
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-fdic-29012.
Related feasibility study pages
- SBA Lender Feasibility Study Data
- SBA feasibility study company
- Banner Bank: SBA Lending Record
- Evergreen Business Capital: SBA Lending Record
- Washington Trust Bank: SBA Lending Record
- Northwest Business Development Association: SBA Lending Record
- Sound Credit Union: SBA Lending Record
- Harborstone CU: SBA Lending Record
- Ameritrust CDC: SBA Lending Record
- WaFd Bank: SBA Lending Record
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