Arcata Economic Development approved 12 SBA loans worth $1.2M between October 2021 and June 2026, ranking #1112 of 2,283 SBA lenders nationally by loan count. Its median loan was $92,500, and 67% went to startups or businesses under two years old. It lent in 1 states, most often in California, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| California | 12 | $1.2M | $92,500 | #165 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 5 | $120,000 | |
| Other services (repair, personal care) | 2 | $49,500 | |
| Arts, entertainment and recreation | 1 | $83,000 | |
| Manufacturing | 1 | $50,000 | |
| Education | 1 | $20,000 | |
| Retail | 1 | $198,000 | |
| Transportation and warehousing | 1 | $194,000 |