Open Bank approved 524 SBA loans worth $876.5M between October 2021 and June 2026, ranking #79 of 2,283 SBA lenders nationally by loan count. Its median loan was $979,000, and 13% went to startups or businesses under two years old. It lent in 33 states, most often in California, and its most financed industry was retail.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| California | 301 | $400.4M | $750,000 | #29 |
| Texas | 66 | $149.4M | $1,807,500 | #65 |
| Washington | 33 | $68.0M | $1,990,000 | #49 |
| Colorado | 14 | $36.6M | $2,764,500 | #80 |
| Georgia | 13 | $16.4M | $556,000 | #105 |
| Nevada | 11 | $19.5M | $1,360,000 | #42 |
| Oregon | 10 | $24.7M | $2,310,000 | #52 |
| New Mexico | 10 | $24.5M | $2,038,500 | #28 |
| Maryland | 10 | $7.2M | $657,500 | #59 |
| Arizona | 7 | $21.9M | $2,315,000 | #91 |
| North Carolina | 6 | $15.3M | $2,850,000 | #107 |
| Florida | 4 | $10.3M | $2,451,500 | #193 |
| Oklahoma | 4 | $11.7M | $2,711,500 | #93 |
| Virginia | 3 | $6.2M | $2,222,000 | #133 |
| Ohio | 3 | $7.5M | $1,850,000 | #143 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Retail | 252 | $932,500 | |
| Restaurants and hotels | 188 | $1,628,000 | |
| Other services (repair, personal care) | 26 | $665,500 | |
| Health care and social assistance | 23 | $940,000 | |
| Manufacturing | 8 | $537,500 | |
| Wholesale trade | 8 | $1,373,000 | |
| Professional and technical services | 6 | $482,500 | |
| Transportation and warehousing | 4 | $700,000 | |
| Construction | 3 | $944,000 | |
| Finance and insurance | 2 | $834,000 |