Bank of the Pacific
ABERDEEN, WA 98520
⭐ SBA Preferred LenderStates Served
Top Industries Financed
- Shellfish Fishing
- Fabricated Structural Metal Manufacturing
- Seafood Product Preparation and Packaging
- Site Preparation Contractors
- Breweries
Quick Summary
Bank of the Pacific is an SBA-approved lender headquartered in ABERDEEN, Washington. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 23 SBA 7(a) loans totaling $10.2M, with an average loan size of $441K. They serve businesses across 2 states.
About Bank of the Pacific
Bank of the Pacific is an SBA-approved lender headquartered in ABERDEEN, Washington. Since 2020, they have approved 23 SBA 7(a) loans totaling $10.2M, with an average loan size of $441K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 2 states.
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Frequently Asked Questions
Is Bank of the Pacific an SBA Preferred Lender?
Yes, Bank of the Pacific is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.
How many SBA loans has Bank of the Pacific approved?
According to SBA FOIA public records, Bank of the Pacific has approved 23 SBA 7(a) loans totaling $10.2M since 2020. Their average loan size is $441K.
What states does Bank of the Pacific serve?
Bank of the Pacific serves businesses in 2 states: Oregon, Washington.
How do I apply for an SBA loan with Bank of the Pacific?
To apply for an SBA 7(a) loan with Bank of the Pacific, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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