Heritage Bank
40 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 40
- Total approved
- $37.3M
- Median loan
- $494K
- Middle half of loans
- $203K to $1.0M
- Median starting rate
- 9.00%
- Median term
- 10 yrs
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Where the approvals cluster
The SBA file shows approvals across 27 industries and 3 states and territories. The largest industry by count was Full-Service Restaurants (5 of 40 approvals). Washington had the highest count among recorded project locations (33).
The median approved loan was $494K versus $707K across the index for FY2024–FY2026. Differences can reflect which industries, markets and deal sizes the lender serves.
Industries by approval count
| # | Industry | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Full-Service Restaurants | 5 | 12% | $1.0M | $5.3M |
| 2 | Commercial Printing (except Screen and Books) | 3 | 8% | $450K | $1.2M |
| 3 | Site Preparation Contractors | 2 | 5% | $1.7M | $3.5M |
| 4 | Automotive Oil Change and Lubrication Shops | 2 | 5% | $1.3M | $2.6M |
| 5 | Poultry and Poultry Product Merchant Wholesalers | 2 | 5% | $784K | $1.6M |
| 6 | Limited-Service Restaurants | 2 | 5% | $422K | $845K |
| 7 | Offices of Chiropractors | 2 | 5% | $304K | $608K |
| 8 | Offices of All Other Miscellaneous Health Practitioners | 2 | 5% | $282K | $564K |
| 9 | Carpet and Upholstery Cleaning Services | 2 | 5% | $88K | $176K |
| 10 | Sheet Metal Work Manufacturing | 1 | 2% | $5.0M | $5.0M |
| 11 | Other Grocery and Related Products Merchant Wholesalers | 1 | 2% | $3.8M | $3.8M |
| 12 | Environmental Consulting Services | 1 | 2% | $3.1M | $3.1M |
| 13 | Cut Stone and Stone Product Manufacturing | 1 | 2% | $2.3M | $2.3M |
| 14 | Fitness and Recreational Sports Centers | 1 | 2% | $1.6M | $1.6M |
| 15 | Other Foundation, Structure, and Building Exterior Contractors | 1 | 2% | $980K | $980K |
Project locations
| # | State | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Washington | 33 | 82% | $485K | $30.6M |
| 2 | Oregon | 6 | 15% | $525K | $5.3M |
| 3 | Kansas | 1 | 2% | $1.4M | $1.4M |