SBA loans in Oregon: who lends, what gets bought, how it performs
Since FY2018, SBA lenders have approved 656 7(a) loans to buy an existing business in Oregon, totaling $715M. The median loan was $620,100, in line with the $645,250 national median for SBA-financed acquisitions. Volume rose 16% from FY2024 to FY2026.
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SBA lenders in Oregon
The lenders that made the most SBA 7(a) acquisition loans in Oregon, FY2018 to FY2026.
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 74 | 11.3% | $94.3M | |
| 2 | Columbia Bank | 71 | 10.8% | $51.6M | |
| 3 | Summit Bank | 29 | 4.4% | $32.9M | |
| 4 | Banner Bank | 25 | 3.8% | $21.8M | |
| 5 | United Midwest Savings Bank National Association | 24 | 3.7% | $24.1M | |
| 6 | The Huntington National Bank | 23 | 3.5% | $15.5M | |
| 7 | First Interstate Bank | 21 | 3.2% | $11.1M | |
| 8 | Celtic Bank Corporation | 16 | 2.4% | $34.8M | |
| 9 | Open Bank | 14 | 2.1% | $31.4M | |
| 10 | Mountain Pacific Bank | 13 | 2.0% | $28.4M |
What this tells a buyer
- Deal size band. Half of Oregon acquisition loans fell between $296,850 and $1,402,500. The nationwide band is $283,000 to $1,465,000.
- Share of national volume. Oregon accounts for 1.3% of all SBA acquisition loans and ranks number 24 of 54 states and territories by count.
- Industry concentration. Limited-Service Restaurants is the most financed business type here (33 loans, 5% of the state). The top three industries together are 14%.
- Lender concentration. Live Oak Banking Company made 11% of the state's acquisition loans. No single lender dominates, so there are several lenders with local acquisition experience.
- Franchise resales. 17% of acquisition loans in Oregon involved a franchised brand; the most frequent is The UPS Store (9 loans).
Oregon acquisition loans by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 65 | $41.9M | $390,000 | |
| FY2019 | 73 | $47.4M | $400,000 | |
| FY2020 | 76 | $67.6M | $527,300 | |
| FY2021 | 79 | $95M | $613,000 | |
| FY2022 | 71 | $77M | $786,000 | |
| FY2023 | 69 | $101M | $975,000 | |
| FY2024 | 67 | $70M | $600,000 | |
| FY2025 | 78 | $101M | $707,700 | |
| FY2026 | 78 | $113M | $1,022,400 |
How often do these acquisition loans fail?
Of the 293 Oregon acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 13 have been charged off by the SBA, a rate of 4.4% by loan count and 1.1% by dollars. 149 have already been paid in full.
For comparison, the charge-off rate across all SBA 7(a) acquisition loans in the same cohort is 3.5%, so Oregon is 26% higher than the acquisition-loan average. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
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Top industries in Oregon
| # | Industry | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Limited-Service Restaurants | 33 | 5.0% | $20.4M | |
| 2 | Gasoline Stations with Convenience Stores | 31 | 4.7% | $85.9M | |
| 3 | Full-Service Restaurants | 31 | 4.7% | $20.5M | |
| 4 | Hotels (except Casino Hotels) and Motels | 29 | 4.4% | $69.1M | |
| 5 | Convenience Retailers | 26 | 4.0% | $18M | |
| 6 | Insurance Agencies and Brokerages | 17 | 2.6% | $7.3M | |
| 7 | Offices of Chiropractors | 15 | 2.3% | $5.3M | |
| 8 | All Other Specialty Trade Contractors | 12 | 1.8% | $13.3M | |
| 9 | General Automotive Repair | 12 | 1.8% | $11.8M | |
| 10 | Assisted Living Facilities for the Elderly | 11 | 1.7% | $10M |
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Franchise brands bought in Oregon
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | The UPS Store | 9 | 1.4% | $3.5M | |
| 2 | Ace Hardware | 6 | 0.9% | $8.8M | |
| 3 | Ed Staubs & Sons Petroleum (Multi-brands) | 4 | 0.6% | $8.4M | |
| 4 | Subway | 4 | 0.6% | $1.2M | |
| 5 | Chevron | 3 | 0.5% | $11.2M | |
| 6 | Phillips 66 | 3 | 0.5% | $8.3M | |
| 7 | Motel 6 | 3 | 0.5% | $7.8M | |
| 8 | Christensen Inc. | 3 | 0.5% | $5.6M | |
| 9 | Budget Blinds | 3 | 0.5% | $3.9M | |
| 10 | Wilson Oil | 2 | 0.3% | $10M | |
| 11 | Best Western | 2 | 0.3% | $8.1M | |
| 12 | OYO | 2 | 0.3% | $3.8M | |
| 13 | Travelodge | 2 | 0.3% | $3.3M | |
| 14 | Jimmy John's | 2 | 0.3% | $2.6M | |
| 15 | Home Instead | 2 | 0.3% | $2.2M |
Acquisitions by industry in Oregon
The 13 industries with the most acquisition loans in Oregon (minimum ten). Charge-off rates appear where at least 20 loans are old enough to measure.
| Industry | Loans | Median loan | Charge-off |
|---|---|---|---|
| Limited-Service Restaurants | 33 | $415,000 | n/a |
| Full-Service Restaurants | 31 | $405,500 | n/a |
| Gasoline Stations with Convenience Stores | 31 | $2,840,000 | n/a |
| Hotels and Motels | 29 | $2,250,000 | 0.0% |
| Convenience Retailers | 26 | $430,000 | n/a |
| Insurance Agencies and Brokerages | 17 | $259,000 | n/a |
| Offices of Chiropractors | 15 | $235,000 | n/a |
| All Other Specialty Trade Contractors | 12 | $968,500 | n/a |
| General Automotive Repair | 12 | $725,250 | n/a |
| Supermarkets and Other Grocery Retailers | 11 | $390,000 | n/a |
| Assisted Living Facilities for the Elderly | 11 | $990,000 | n/a |
| Electrical Contractors and Other Wiring Installation Contractors | 10 | $1,113,100 | n/a |
| Offices of Certified Public Accountants | 10 | $511,500 | n/a |
Questions buyers ask
How much do buyers borrow to buy a business in Oregon?
The median SBA 7(a) acquisition loan in Oregon was $620,100 across 656 loans (FY2018 to FY2026), in line with the $645,250 national median. The middle half of loans ran from $296,850 to $1,402,500. A loan is not the purchase price: it is net of the buyer's equity injection and usually includes some working capital.
Which banks make the most SBA acquisition loans in Oregon?
Live Oak Banking Company (74), Columbia Bank (71), Summit Bank (29), Banner Bank (25), United Midwest Savings Bank National Association (24). Live Oak Banking Company alone accounts for 11% of Oregon acquisition loans. See each lender page for industries and states served.
What kinds of businesses are bought with SBA loans in Oregon?
Limited-Service Restaurants (33), Gasoline Stations with Convenience Stores (31), Full-Service Restaurants (31), Hotels (except Casino Hotels) and Motels (29), Convenience Retailers (26). The top three industries make up 14% of the state's acquisition loans.
How often do SBA acquisition loans fail in Oregon?
In the seasoned cohort (FY2018 to FY2021), among 293 Oregon acquisition loans: 4.4% charged off, 26% higher than the 3.5% national acquisition average.
How does Oregon compare with other states?
Oregon ranks number 24 of 54 states and territories by acquisition loan count, with 1.3% of national volume (656 of 48,902 loans) and $715M approved. Browse the full state ranking.
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Related
- Limited-Service Restaurants nationally
- Gasoline Stations with Convenience Stores nationally
- Full-Service Restaurants nationally
- Live Oak Banking Company
- Columbia Bank
- Summit Bank
- All states
- Buyer's guide to the data
State is the project state recorded by the lender (where the acquired business operates), not the borrower's mailing state.