| $150,000–350,000 | EVIL BIKES LLC | BELLINGHAM, WA | Coastal Community Bank |
| $2–5 million | EXXEL PACIFIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN | BELLINGHAM, WA | Peoples Bank |
| $150,000–350,000 | EYECO OPTOMETRY, P.S. | BELLINGHAM, WA | Heritage Bank |
| $350,000–1 million | FAIRHAVEN HEALTH LLC | BELLINGHAM, WA | Bank of America, National Association |
| $150,000–350,000 | FAIRHAVEN VETERINARY HOSPITAL, PLLC | BELLINGHAM, WA | Peoples Bank |
| $5–10 million | FAMILY CARE NETWORK, P.L.L.C. | BELLINGHAM, WA | KeyBank National Association |
| $150,000–350,000 | FANATIK BIKE COMPANY | BELLINGHAM, WA | Heritage Bank |
| $150,000–350,000 | FAT-CAT FISH LLC | BELLINGHAM, WA | Heritage Bank |
| $150,000–350,000 | FELLER HEATING & AIR CONDITIONING, INC. | BELLINGHAM, WA | Peoples Bank |
| $350,000–1 million | FIBERGLASS STRUCTURAL ENGINEERING, INC. | BELLINGHAM, WA | Umpqua Bank |
| $150,000–350,000 | FINANCIAL PLAN, INC. | BELLINGHAM, WA | SaviBank |
| $1–2 million | FRED AND DEBBIE, INC. | BELLINGHAM, WA | KeyBank National Association |
| $150,000–350,000 | FREELAND & ASSOCIATES, INC. | BELLINGHAM, WA | Coastal Community Bank |
| $1–2 million | FURHAVEN PET PRODUCTS, INC. | BELLINGHAM, WA | Bank of the Pacific |
| $2–5 million | G.K. KNUTSON, INC. | BELLINGHAM, WA | Banner Bank |
| $150,000–350,000 | GATEWAY CONTROLS, INC. | BELLINGHAM, WA | Whatcom Educational CU |
| $350,000–1 million | GEAR AID INC | BELLINGHAM, WA | Umpqua Bank |
| $350,000–1 million | GEO/TEST SERVICES, INC | BELLINGHAM, WA | Bank of the Pacific |
| $350,000–1 million | GOLDEN HARVEST ALASKA SEAFOOD LLC | BELLINGHAM, WA | Heritage Bank |
| $150,000–350,000 | GRAJCZYK INCORPORATED | BELLINGHAM, WA | Wells Fargo Bank, National Association |
| $1–2 million | GROVER CORTES AUTO GROUP INC. | BELLINGHAM, WA | Banner Bank |
| $350,000–1 million | GUNDIE'S INC. | BELLINGHAM, WA | U.S. Bank, National Association |
| $150,000–350,000 | H.I. TEC POTWORKS, INC. | BELLINGHAM, WA | Peoples Bank |
| $150,000–350,000 | HABITAT FOR HUMANITY IN WHATCOM COUNTY, INC. | BELLINGHAM, WA | Peoples Bank |
| $350,000–1 million | HALL ENTERPRISES, L.L.C | BELLINGHAM, WA | Heritage Bank |
| $350,000–1 million | HANSEN CHIROPRACTIC, P.S. | BELLINGHAM, WA | Whatcom Educational CU |
| $150,000–350,000 | HARBOR LANDS LP | BELLINGHAM, WA | Heritage Bank |
| $1–2 million | HARDWARE SALES, INC. | BELLINGHAM, WA | Peoples Bank |
| $2–5 million | HASKELL CORPORATION | BELLINGHAM, WA | Washington Federal Bank d/b/a WaFd Bank |
| $150,000–350,000 | HENIFIN CONSTRUCTION, LLC | BELLINGHAM, WA | Peoples Bank |
| $350,000–1 million | HIGHGATE BELLINGHAM LP | BELLINGHAM, WA | U.S. Bank, National Association |
| $150,000–350,000 | HIGHLINE CONSTRUCTION LLC | BELLINGHAM, WA | Peoples Bank |
| $150,000–350,000 | HIGHRISE GLASS INC. | BELLINGHAM, WA | JPMorgan Chase Bank, National Association |
| $350,000–1 million | HILLCREST CHAPEL | BELLINGHAM, WA | Peoples Bank |
| $150,000–350,000 | HISTORIC FAIRHAVEN RETAIL ASSOCIATES INC | BELLINGHAM, WA | Peoples Bank |
| $2–5 million | HOLLANDER PROPERTIES LLC | BELLINGHAM, WA | Washington Federal Bank d/b/a WaFd Bank |
| $150,000–350,000 | HOME ATTENDANT CARE, INC. | BELLINGHAM, WA | Heritage Bank |
| $150,000–350,000 | HUNNICUTT'S, INC. | BELLINGHAM, WA | Heritage Bank |
| $150,000–350,000 | INDEX INDUSTRIES, INC. | BELLINGHAM, WA | Peoples Bank |
| $350,000–1 million | INFUSION SOLUTIONS, INC. | BELLINGHAM, WA | Bank of the Pacific |
| $150,000–350,000 | INNOTECH METAL DESIGNS, LLC | BELLINGHAM, WA | Whatcom Educational CU |
| $150,000–350,000 | IRONGATE MACHINE, INC. | BELLINGHAM, WA | Banner Bank |
| $350,000–1 million | JALAPENOS, INC. | BELLINGHAM, WA | Peoples Bank |
| $350,000–1 million | JASPAR HOLDINGS, INC. | BELLINGHAM, WA | Banner Bank |
| $150,000–350,000 | JAVAMAN PS | BELLINGHAM, WA | Heritage Bank |
| $150,000–350,000 | JDC, INC. | BELLINGHAM, WA | Whatcom Educational CU |
| $150,000–350,000 | JDUB'S FILLING STATION, LLC | BELLINGHAM, WA | SaviBank |
| $150,000–350,000 | JILL N. TETRICK, DDS, PLLC | BELLINGHAM, WA | Banner Bank |
| $2–5 million | JOHN HUNTLEY INC. DBA MILLS ELECTRIC COMPANY | BELLINGHAM, WA | Washington Federal Bank d/b/a WaFd Bank |
| $350,000–1 million | JOOSTENS ROOFING INC | BELLINGHAM, WA | Bank of the Pacific |
| $150,000–350,000 | KAREN KING COUNSELING | BELLINGHAM, WA | Whatcom Educational CU |
| $150,000–350,000 | KORNERSTONE KIDS PS | BELLINGHAM, WA | Bank of the Pacific |
| $150,000–350,000 | KULSHAN BREWING COMPANY | BELLINGHAM, WA | Peoples Bank |
| $150,000–350,000 | LA GLORIA MARKET INC. | BELLINGHAM, WA | KeyBank National Association |
| $150,000–350,000 | LANDMARK REAL ESTATE MANAGEMENT, LLC | BELLINGHAM, WA | Heritage Bank |
| $150,000–350,000 | LARRY STEELE & ASSOCIATES, INC | BELLINGHAM, WA | Whatcom Educational CU |
| $1–2 million | LARSON GROSS PLLC | BELLINGHAM, WA | Peoples Bank |
| $150,000–350,000 | LATITUDE RESTAURANTS BELLINGHAM INC | BELLINGHAM, WA | JPMorgan Chase Bank, National Association |
| $150,000–350,000 | LEFT COAST ENTERPRISES, INC | BELLINGHAM, WA | Bank of the Pacific |
| $150,000–350,000 | LEMLEY ENTERPRISES, LLC | BELLINGHAM, WA | Peoples Bank |
| $150,000–350,000 | LIGHTHOUSE MISSION MINISTRIES | BELLINGHAM, WA | Peoples Bank |
| $350,000–1 million | LITHTEX NORTHWEST, LLC | BELLINGHAM, WA | Peoples Bank |
| $350,000–1 million | LOMBARDI'S IN BELLINGHAM | BELLINGHAM, WA | Banner Bank |
| $350,000–1 million | LOUIS AUTO GLASS INC | BELLINGHAM, WA | Heritage Bank |
| $350,000–1 million | LUDTKE PACIFIC TRUCKING INC | BELLINGHAM, WA | Peoples Bank |
| $350,000–1 million | LUMMI COMMERCIAL COMPANY | BELLINGHAM, WA | U.S. Bank, National Association |
| $150,000–350,000 | LYDIA PLACE A NON-PROFIT CORPORATION | BELLINGHAM, WA | Peoples Bank |
| $150,000–350,000 | MAC'S STORES, INC. | BELLINGHAM, WA | Whatcom Educational CU |
| $150,000–350,000 | MAMBO ITALIANO CAFE, INC. | BELLINGHAM, WA | Peoples Bank |
| $150,000–350,000 | MARCUS A FAIRBANKS AND DARCY R GALBRAITH DDS | BELLINGHAM, WA | Banner Bank |
| $150,000–350,000 | MEADOW GREENS, LLC | BELLINGHAM, WA | Peoples Bank |
| $150,000–350,000 | MERIDIAN AUTO AND TIRE, INC. | BELLINGHAM, WA | Heritage Bank |
| $350,000–1 million | MERL INC | BELLINGHAM, WA | Peoples Bank |
| $150,000–350,000 | MGM SOLUTIONS INC | BELLINGHAM, WA | Heritage Bank |
| $350,000–1 million | MOCERI CONSTRUCTION, INC | BELLINGHAM, WA | Peoples Bank |
| $150,000–350,000 | MORENO AND YOUNG DDS, PLLC | BELLINGHAM, WA | Peoples Bank |
| $1–2 million | MORSE DISTRIBUTION INC. | BELLINGHAM, WA | Heritage Bank |
| $150,000–350,000 | MOUNT BAKER THEATRE | BELLINGHAM, WA | Peoples Bank |
| $1–2 million | MT BAKER IMAGING, LLC | BELLINGHAM, WA | Peoples Bank |
| $150,000–350,000 | MT. BAKER NEPHROLOGY ASSOCIATES | BELLINGHAM, WA | Peoples Bank |
| $1–2 million | MT. BAKER PRODUCTS, INC. | BELLINGHAM, WA | Bank of the Pacific |
| $1–2 million | MT. BAKER ROOFING, INC | BELLINGHAM, WA | Peoples Bank |
| $350,000–1 million | MT. BAKER SKI AREA, INC. | BELLINGHAM, WA | Peoples Bank |
| $150,000–350,000 | MT. BAKER VISION CLINIC P.L.L.P. | BELLINGHAM, WA | Peoples Bank |
| $150,000–350,000 | NEW BAGELRY LLC | BELLINGHAM, WA | Peoples Bank |
| $150,000–350,000 | NEW MBT INC | BELLINGHAM, WA | KeyBank National Association |
| $1–2 million | NIELSEN BROTHERS. INC | BELLINGHAM, WA | Bank of the Pacific |
| $150,000–350,000 | NO 1 COLLISION CORP | BELLINGHAM, WA | Peoples Bank |
| $150,000–350,000 | NORTH SOUND ACCOUNTABLE COMMUNITY OF HEALTH | BELLINGHAM, WA | Peoples Bank |
| $150,000–350,000 | NORTHERN SERVICES, INC | BELLINGHAM, WA | Peoples Bank |
| $150,000–350,000 | NORTHSTAR ASSOCIATES PLLC | BELLINGHAM, WA | SaviBank |
| $350,000–1 million | NORTHWEST ENDOSCOPY CENTER, LLC | BELLINGHAM, WA | U.S. Bank, National Association |
| $150,000–350,000 | NORTHWEST ENERGY SYSTEM OF WAS | BELLINGHAM, WA | Heritage Bank |
| $150,000–350,000 | NORTHWEST EYE CLINIC INC, PS | BELLINGHAM, WA | Peoples Bank |
| $350,000–1 million | NORTHWEST GASTROENTEROLOGY, PLLC | BELLINGHAM, WA | U.S. Bank, National Association |
| $350,000–1 million | NORTHWEST HOSPITALITY DEVELOPMENT, LLC | BELLINGHAM, WA | First National Bank of Omaha |
| $1–2 million | NORTHWEST PATHOLOGY, P.S. | BELLINGHAM, WA | Peoples Bank |
| $350,000–1 million | NORTHWEST RADIOLOGISTS, INC., P.S. | BELLINGHAM, WA | Peoples Bank |
| $350,000–1 million | NORTHWEST RECYCLING, INC. | BELLINGHAM, WA | Peoples Bank |
| $150,000–350,000 | NORTHWEST WALK-IN HEALTH CENTER, P.S. | BELLINGHAM, WA | Peoples Bank |