WaFd Bank: the SBA record

265 approved loans sit against WaFd Bank in FY2017 to FY2026 files, $33.9 million gross. WaFd Bank is recorded by SBA in Washington. Every one of the 265 loans is a holding: WaFd Bank holds or last held each, per SBA. 265 loans fall under SBA 7(a). WaFd Bank has 0 in SBA 504. WaFd Bank's range ends with complete FY2026. WaFd Bank's record spans 265 loans and $33.9 million gross. The 265 loans carry SBA's guarantee and not WaFd Bank's, so no policy shows here.

204 of WaFd Bank's 265 loans have no named class. WaFd Bank's class table reads: Full-service restaurant, 13; Automotive mechanical repair (car and truck) at 8; Limited-service restaurant at 6; Fitness center at 5; Grocery store (5). 13 Full-service restaurant loans sit beside 204 unclassed ones in WaFd Bank's 265. WaFd Bank's classes describe part of 265. 8 Automotive mechanical repair (car and truck) loans trail 13 Full-service restaurant at WaFd Bank.

WaFd Bank by state

By state at WaFd Bank: Washington, 93; Oregon, 51; Arizona at 37; Idaho, 37; California at 14; Texas, 14; New Mexico at 8; Utah at 6; Nevada (5). Washington is also where SBA records WaFd Bank, so the book starts at home. Washington alone holds 93 of WaFd Bank's 265 loans. WaFd Bank's table maps 265 loans, no boundary for sites beyond Washington.

WaFd Bank: the floors

At WaFd Bank, no rate of cancellation appears for approvals in FY2017 to FY2024. The cohort holds fewer than 30 loans, so a Loan Analytics standard hides it. Do not mistake the blank for zero; it is not estimated. For this holder, no charge-off rate prints for FY2017 to FY2021 disbursements. A cohort under 30 loans cannot print a rate, so a Loan Analytics rule hides it. Regard the blank as unknown; nothing is inferred. Among 265 loans, WaFd Bank shows approval is not funding. WaFd Bank: no rate, cash flow must hold. For WaFd Bank, test one is site demand. For WaFd Bank, test two is full project cost. At WaFd Bank, test three is debt service coverage. At WaFd Bank, test four is the appraisal.

WaFd Bank's file hands a lender 265 loans and $33.9 million gross. WaFd Bank's book gives a borrower 265 holdings, not terms. Nothing in WaFd Bank's 265 loans predicts its answer to a request. 13 Full-service restaurant loans come first. WaFd Bank's file ends at holdings. WaFd Bank borrowers need a study that stands alone. 265 loans held by WaFd Bank are all the file contains.

SBA loans held by WaFd Bank

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	265
Gross dollars approved	$33.9 million
SBA 7(a) loans	265
SBA 504 loans	0

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	not reported: fewer than 30 loans in the cohort
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	not reported: fewer than 30 loans in the cohort

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	204
Full-service restaurant	13
Automotive mechanical repair (car and truck)	8
Limited-service restaurant	6
Fitness center	5
Grocery store	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	93
Oregon	51
Arizona	37
Idaho	37
California	14
Texas	14
New Mexico	8
Utah	6
Nevada	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-28088.

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 WaFd Bank or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

WaFd Bank: SBA Lending Record