Small Business (SBA) Loans

Need an SBA loan to help navigate current economic challenges? Or are you interested in starting, acquiring, or expanding your business?

Our relationship managers have extensive SBA experience and are available as trusted advisors to help you navigate through continuing SBA program changes. We are happy to tailor our small business loans to suit your needs and keep your business growing. We offer access to the most popular SBA programs like 7(a) and 504 loans.

SBA Loan Benefits

SBA loans are easier to qualify for and can offer smaller monthly payments with a 10-year term, compared to conventional 3- or 5-year loans. Small businesses can take advantage of these favorable loan terms to start, expand, or acquire a business, get working capital, or purchase needed inventory or equipment.  
The two most common types of SBA loans are: 

7(a) Loans

7(a) loans are the most utilized SBA general purpose loan product, featuring flexible terms that can benefit a range of business situations. With a cap at $5 million, 7(a) loans are geared toward small and medium-sized companies that need to refinance debt, purchase real estate or equipment, or simply expand their working capital. 

CDC/504 Loans

SBA 504 loans have a narrower scope and are available only for the use of purchasing or improving land, buildings, long-term machinery or equipment. It cannot be used for refinancing or working capital. These loans are best for smaller, employee-focused companies undergoing rapid growth.  

Let’s Get Started

Now is an excellent time to get an SBA loan. Our First Fed team of experts can help guide your application process. Connect with us today! 


Meet Our Experienced Relationship Managers

Kevin Janusz

FVP | SBA Program Manager
[email protected]

Jennifer Chaussee

Sr. Commercial Relationship Manager
Kitsap County
[email protected]

Jason Gill

Sr. Commercial Relationship Manager
King County
President's Club
[email protected]

Susan Whitmire

Sr. Commercial Relationship Manager
Clallam and Jefferson Counties
[email protected]

Ready to chat?

Start a conversation with one of our relationship managers.