Live Oak Banking Company Home Instead SBA Loans in Washington — 3 Funded
Washington loan data 2020–2021 · Updated June 2026
Live Oak Banking Company has funded 3 SBA loans to Home Instead franchisees in Washington, totaling $2.7M in approved financing across 1 city.
The average Home Instead loan in Washington from Live Oak Banking Company is $902K at a 5.92% average interest rate, with terms averaging 180 months. The Washington default rate is N/A based on 0 resolved loans. Washington represents 4.3% of Live Oak Banking Company's total Home Instead lending nationally. These loans collectively support 342 Washington jobs. SBA-guaranteed portion totals $2.1M (71.7% of approved volume).
How Washington Compares to Live Oak Banking Company's National Home Instead Lending
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Live Oak Banking Company Home Instead Loan Performance in Washington
Based on 3 SBA loans originated by Live Oak Banking Company for Home Instead franchisees with Washington addresses, the Washington-specific lending relationship spans 2020–2021.
The Washington loan size range extends from $50K to $2.1M, indicating Live Oak Banking Company funds both smaller single-unit Home Instead operations and larger multi-unit or renovation projects in Washington. Each loan supports an average of 114 jobs in the local economy, and the portfolio collectively supports 342 Washington jobs. Most Washington Home Instead loans from Live Oak Banking Company are classified under "Home Health Care Services" (NAICS).
Recent activity: Live Oak Banking Company has originated 0 Home Instead Washington loans in the last 2 fiscal years and 3 since fiscal year 2020. The most recent Home Instead Washington approval recorded is from FY2021. Note: lack of recent activity may indicate Live Oak Banking Company has paused, slowed, or exited Home Instead Washington lending — borrowers should verify current appetite directly.
SBA guarantee profile: The SBA-guaranteed portion of Live Oak Banking Company's Home Instead Washington loans averages 71.7% of approved volume, totaling $2.1M in federally-backed exposure. 7(a) loans typically carry a 75-85% guarantee, so a higher percentage suggests a smaller-loan/SBA Express mix; lower suggests larger PLP deals where the lender retains more risk.
SBA Programs Used for Home Instead Loans in Washington
| Program | Loans | Avg Size | Avg Rate | Avg Term |
|---|---|---|---|---|
| SBA 7A | 3 | $902K | 5.92% | 180 mo |
Home Instead Loan Size Distribution from Live Oak Banking Company in Washington
How Live Oak Banking Company's Home Instead Washington loan sizes break down by deal size. Useful for sizing your own deal: where do most Washington Home Instead approvals land?
| Loan Size Range | Loans | Avg Loan Size | % of Washington Loans |
|---|---|---|---|
| Under $150K | 1 | $50K | 33% |
| $350K-$750K | 1 | $555K | 33% |
| Over $1.5M | 1 | $2.1M | 33% |
How Live Oak Banking Company Originates Home Instead Loans in Washington
SBA delivery method matters: Preferred Lenders Program (PLP) closes 2-3 weeks faster than General Processing because the lender holds full credit authority. Live Oak Banking Company uses 2 different Washington delivery methods for Home Instead:
| Delivery Method | Loans | Avg Loan Size |
|---|---|---|
| Preferred Lenders Program | 2 | $1.3M |
| SBA Express Program | 1 | $50K |
Where in Washington Live Oak Banking Company Funds Home Instead Locations
| City | Loans | Avg Loan Size | Total Volume | Default Rate |
|---|---|---|---|---|
| Sequim | 3 | $902K | $2.7M | N/A |
Live Oak Banking Company Home Instead Lending in Washington Over Time
| Year | Loans | Avg Size | Total Volume | Avg Rate |
|---|---|---|---|---|
| 2021 | 1 | $555K | $555K | 6% |
| 2020 | 2 | $1.1M | $2.1M | 5.88% |
Other Lenders That Fund Home Instead in Washington
Live Oak Banking Company is not the only lender funding Home Instead in Washington. Compare 3 other banks who have originated Home Instead SBA loans to Washington borrowers.
| Lender | Washington Loans | Avg Size | Default Rate |
|---|---|---|---|
| Live Oak Banking Company (this page) | 3 | $902K | N/A |
| Stearns Bank National Association | 5 | $374K | 0% — Low Risk |
| American National Bank | 2 | $365K | N/A |
| U.S. Bank, National Association | 2 | $247K | 0% — Low Risk |
Other Franchises Live Oak Banking Company Funds in Washington
Live Oak Banking Company is active in Washington franchise lending beyond Home Instead. Other Washington franchise brands they have funded:
Live Oak Banking Company Home Instead Lending in Other States
Live Oak Banking Company has also funded Home Instead franchisees in 8 other states. View state-specific data:
How to Get an SBA Loan for a Home Instead Franchise in Washington
If you're considering a Home Instead franchise in Washington and want to finance through Live Oak Banking Company or another SBA lender, here's what you need to know based on our analysis of 3 historical Washington loans.
Verify Your Qualifications
Most SBA franchise loans require a 680+ credit score, 20-30% down payment, and relevant industry or management experience.Home Instead's franchise fee and total investment determine minimum capital requirements.
Compare Washington Lenders
4 lenders have funded Home Instead in Washington. Lenders with more local Home Instead experience typically close faster because they understand both the brand and the local market. Compare rates, default rates, and city coverage above.
Get Pre-Qualified
PeerSense matches Washington borrowers with lenders who have a proven track record funding Home Instead in your state. No retainers — our referral fee is paid at closing. Get matched in 24 hours.
Expected loan terms based on Washington historical data: The average Home Instead SBA loan from Live Oak Banking Company in Washington is $902K with a 5.92% interest rate and a 180-month term.Washington loan amounts range from $50K to $2.1M.
Ready to Fund Your Home Instead Franchise in Washington?
We connect you with lenders who have already funded Home Instead in Washington — so you can compare terms and close with confidence. No retainers. Referral fee paid at closing.