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Heritage Bank is a community-focused regional financial institution serving Washington, Oregon, and Idaho with personal banking, business banking, and wealth management services. Founded in 1927 with the belief that when banks and neighbors work together, great communities grow stronger. The bank operates 50 branches and is FDIC-insured with a commitment to local communities and customer service.
Provider names, logos, and trademarks displayed on this page belong to their respective owners and are used for identification purposes only. VerSquare is not affiliated with, endorsed by, or sponsored by Heritage Bank unless otherwise indicated.
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SBA 7(a) Acquisition Loan Data As Of March 31, 2026
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of March 31, 2026
Median
$497K
Average
$971K
Sweet Spot
$0-$500K
Industries with highest loan volume
Offices of Real Estate Agents and Brokers
3
loans
$840K
avg. amount
Offices of Real Estate Agents and Brokers
3
loans
$840K
avg
Limited-Service Restaurants
2
loans
$423K
avg. amount
Limited-Service Restaurants
2
loans
$423K
avg
Commercial Printing (except Screen and Books)
2
loans
$368K
avg. amount
Commercial Printing (except Screen and Books)
2
loans
$368K
avg
Scenic and Sightseeing Transportation, Water
1
loans
$204K
avg. amount
Scenic and Sightseeing Transportation, Water
1
loans
$204K
avg
Convenience Retailers
1
loans
$368K
avg. amount
Convenience Retailers
1
loans
$368K
avg
Distilleries
1
loans
$176K
avg. amount
Distilleries
1
loans
$176K
avg
Environmental Consulting Services
1
loans
$3.1M
avg. amount
Environmental Consulting Services
1
loans
$3.1M
avg
General Automotive Repair
1
loans
$363K
avg. amount
General Automotive Repair
1
loans
$363K
avg
Automotive Oil Change and Lubrication Shops
1
loans
$2.2M
avg. amount
Automotive Oil Change and Lubrication Shops
1
loans
$2.2M
avg
Beauty Salons
1
loans
$200K
avg. amount
Beauty Salons
1
loans
$200K
avg
10-Year Default Rate
0.0%
Percentile Ranking
0th percentile
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 1.60% |
| $500K-$1M | Prime + 1.10% |
| $1M-$2M | Prime + 1.50% |
| $2M-$3M | Prime + 1.06% |
| $3M-$4M | Prime + 1.50% |
As Of March 31, 2026 - States by loan volume (darker blue = higher volume)
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