40 SBA loans worth $18.6M went to businesses in Cathedral City, CA between October 2021 and June 2026, from 19 lenders. Readycap Lending made the most, 5 loans. The median loan was $116,250, compared with $300,000 across California, and retail was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 5 | $2.2M | $243,500 | 0% |
| 2 | U.S. Bank Bank · Cincinnati, OH | 5 | $237K | $35,000 | 60% |
| 3 | Celtic Bank Bank · Salt Lake City, UT | 4 | $2.4M | $100,000 | 25% |
| 4 | Wells Fargo Bank Bank · Sioux Falls, SD | 4 | $1.3M | $25,000 | 75% |
| 5 | Huntington National Bank Bank · Columbus, OH | 3 | $626K | $253,500 | 67% |
| 6 | Mortgage Capital Development Certified development company · Oakland, CA | 2 | $1.6M | $781,000 | 50% |
| 7 | Live Oak Banking Bank · Wilmington, NC | 2 | $950K | $475,000 | 100% |
| 8 | Northeast Bank Bank · Portland, ME | 2 | $354K | $177,000 | 50% |
| 9 | BayFirst National Bank Bank · St. Petersburg, FL | 2 | $213K | $106,500 | 0% |
| 10 | AMPAC Tri-State CDC Non-bank lender · Ontario, CA | 2 | $172K | $85,750 | 0% |
| 11 | Business Finance Capital Certified development company · Los Angeles, CA | 1 | $3.2M | $3,205,000 | 0% |
| 12 | Enterprise Bank & Trust Bank · Clayton, MO | 1 | $2.3M | $2,303,200 | 0% |
| 13 | Commercial Bank of California Bank · Irvine, CA | 1 | $1.2M | $1,200,000 | 0% |
| 14 | AMPAC Tri-State CDC Certified development company · Ontario, CA | 1 | $778K | $778,000 | 0% |
| 15 | California Statewide Certified Development Certified development company · Davis, CA | 1 | $601K | $601,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Retail | 8 | $375,000 | Celtic Bank | |
| Administrative and support services | 6 | $64,500 | Wells Fargo Bank | |
| Other services (repair, personal care) | 6 | $50,850 | Huntington National Bank | |
| Construction | 6 | $90,000 | Readycap Lending | |
| Restaurants and hotels | 5 | $345,000 | Mortgage Capital Development | |
| Health care and social assistance | 5 | $601,000 | Bank of America | |
| Arts, entertainment and recreation | 1 | $25,000 | Wells Fargo Bank | |
| Manufacturing | 1 | $20,000 | U.S. Bank |