1st Security Bank of Washington

WA

SBA-approved lender offering 8 loan programs across 6 industries.

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Key Metrics

Interest Rate

9.70%

2.95% over prime

Average Loan

$249K

Per approval

Total Approvals

23

FY 2025

Loan Programs (8)

Existing or more than 2 years old
New Business or 2 years or less
Preferred Lenders Program
SBA Express Program
Startup
Change of Ownership
Fixed Rates
Loan Funds will Open Business

Industries Served (6)

Beauty SalonsCommercial Screen PrintingFull-Service RestaurantsGeneral Automotive RepairMusical Instrument ManufacturingNew Single-Family Housing Construction (except Operative Builders)

Additional Details

Prime Rate
6.75%
Rate Over Prime
2.95%
Effective Rate
9.70%
Fiscal Year
2025
States Served
WA

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