States Served
Top Industries Financed
- Commercial and Institutional Building Construction
- Full-Service Restaurants
- Lessors of Nonresidential Buildings (except Miniwarehouses)
- Limited-Service Restaurants
- All Other Specialty Trade Contractors
Quick Summary
Northrim Bank is an SBA-approved lender headquartered in ANCHORAGE, Alaska. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 106 SBA 7(a) loans totaling $62.4M, with an average loan size of $588K. They serve businesses across 3 states.
About Northrim Bank
Northrim Bank is an SBA-approved lender headquartered in ANCHORAGE, Alaska. Since 2020, they have approved 106 SBA 7(a) loans totaling $62.4M, with an average loan size of $588K. 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 3 states.
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Nav is the only place where you can track your FICO SBSS score — the score the SBA uses to determine loan eligibility.
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Frequently Asked Questions
Is Northrim Bank an SBA Preferred Lender?
Yes, Northrim Bank 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 Northrim Bank approved?
According to SBA FOIA public records, Northrim Bank has approved 106 SBA 7(a) loans totaling $62.4M since 2020. Their average loan size is $588K.
What states does Northrim Bank serve?
Northrim Bank serves businesses in 3 states: Alaska, Oregon, Washington.
How do I apply for an SBA loan with Northrim Bank?
To apply for an SBA 7(a) loan with Northrim Bank, 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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