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The Lender Report built this page from public records. WaFd Bank has not reviewed it. Every lender's page starts this way, and it says nothing about WaFd Bank itself. Each figure shows its source and date. Work at WaFd Bank? You can claim this page for free.

SBA 504 record

WaFd Bank: SBA 504 first liens made

WaFd Bank, a bank based in Seattle, WA, made 10 SBA 504 first liens in the 36 months ending September 30, 2026, $6.6M in all, net of cancelled approvals. The typical first lien was about $510K, and 13 were in the last 12 months. Most were in Oregon.

Evidence
SBA 504 loans in the 36 months ending September 30, 2026, SBA
Data as of
SBA, September 30, 2026
Page last changed
November 11, 2026
First liens, 36 months
10
SBA FOIA,
Net of cancelled approvals
Dollars
$6.60M
SBA FOIA,
Rounded amounts
Typical loan
$510K
SBA FOIA,
Largest loan
$1.9M
SBA FOIA,
Rounded to 2 significant figures
Last 12 months
13
SBA FOIA,

Cite this

Source: The Lender Report, WaFd Bank: SBA 504 first liens made, https://lender.report/lender/wafd-bank-wa/sba-504/, data as of September 30, 2026.

Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.

WaFd BankNewest first
PeriodPlaceLoanAmountRateTermLTVSource
Jun 2026OregonSBA 504, Agriculture, Forestry, Fishing and Hunting$1.9M25 yrSBA FOIA
Jan 2026CaliforniaSBA 504, All Other Specialty Trade Contractors$1.2M25 yrSBA FOIA
Jan 2026OregonSBA 504, Offices of Mental Health Practitioners (except Physicians)$500K25 yrSBA FOIA
Jan 2026IdahoSBA 504, Health Care and Social Assistance$210K25 yrSBA FOIA
Nov 2025New MexicoSBA 504, Construction$170K25 yrSBA FOIA
Sep 2025WashingtonSBA 504, Construction$760K25 yrSBA FOIA
Aug 2025TexasSBA 504, Professional, Scientific, and Technical Services$510K25 yrSBA FOIA
Jul 2025ArizonaSBA 504, Plumbing, Heating, and Air-Conditioning Contractors$250K25 yrSBA FOIA
Dec 2024OregonSBA 504, Administrative and Support and Waste Management and Remediation Services$680K25 yrSBA FOIA
Jan 2024WashingtonSBA 504, Limited-Service Restaurants$420K25 yrSBA FOIA
10 SBA 504 first liens since October 2023, net of cancelled$6.60MSBA FOIA

A blank means the source did not report it.

Where WaFd Bank's SBA 504 first liens were made, most loans first
StateFirst liensDollars
Oregon3$3.08M
Washington2$1.18M
Arizona1$250K
California1$1.20M
Idaho1$210K
New Mexico1$170K
Texas1$510K
SBA FOIA,

SBA loans are on record by state only.

WaFd Bank: SBA 504 first liens by size
Loan sizeFirst liensDollars
Under $150K0$0
$150K to $350K3$630K
$350K to $1M5$2.87M
$1M to $2.5M2$3.10M
$2.5M or more0$0
SBA FOIA,
WaFd Bank: SBA 504 first liens by quarter
QuarterFirst liensDollars
2024 Q11$420K
2024 Q41$680K
2025 Q33$1.52M
2025 Q41$170K
2026 Q13$1.91M
2026 Q21$1.90M
SBA FOIA,

Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.

Kinds of business WaFd Bank lent to, most loans first
Industry (NAICS)First liens
Construction2
Administrative and Support and Waste Management and Remediation Services1
Agriculture, Forestry, Fishing and Hunting1
All Other Specialty Trade Contractors (238990)1
Health Care and Social Assistance1
Limited-Service Restaurants (722513)1
Offices of Mental Health Practitioners (except Physicians) (621330)1
Plumbing, Heating, and Air-Conditioning Contractors (238220)1
Professional, Scientific, and Technical Services1
SBA FOIA,

A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.

How the SBA processed the loans
Processing methodLoans
Accredited Lenders Program5
ALP Express4
504 Refinancing Program1
SBA FOIA,
Certified Development Companies on WaFd Bank's 504 projects
Certified Development CompanyProjects
Evergreen Business Capital3
The Mortgage Capital Development Corporation2
Arizona Capital Source1
Capital Certified Development Corporation1
Capital Matrix, Inc.1
Enchantment Land Certified Development Company1
Northwest Business Development Association1
SBA FOIA,
  • WaFd Bank made 10 SBA 504 first liens totaling $6.6M in the 36 months ending September 30, 2026, net of cancelled approvals, in 7 states. SBA FOIA,
  • The SBA file shows 13 approvals naming WaFd Bank as first-lien lender dated in the 12 months to September 30, 2026, and 6 in the 12 months before. Both counts leave out cancelled approvals and include approvals not yet funded, so the two periods are measured the same way. SBA FOIA,
  • The typical first lien was about $510K, with the middle half between $250K and $760K. SBA FOIA,
  • The largest was about $1.9M. Every amount is rounded to 2 significant figures. SBA FOIA,
  • 0 loans were under $150K, and 2 were $1M or more. SBA FOIA,
  • The median term was 25 years. SBA FOIA,
  • Its loans went most often to Construction, with 2. SBA FOIA,
  • The SBA file lists 5 of its loans as processed under Accredited Lenders Program. SBA FOIA,
  • It worked with 7 Certified Development Companies, most often Evergreen Business Capital. SBA FOIA,
  • Its loans were most often in Oregon (3), Washington (2) and Arizona (1). SBA FOIA,

What we don't know

  • Whether WaFd Bank is taking new SBA 504 loans today, or how it would treat a business like yours.
  • Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
  • The borrower, the address and every term beyond rate and term. The public file does not show them.

SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.

SBA 504 figures count the first-lien lender on each SBA approval. Dollars are first-lien amounts.

SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.