2,980 SBA loans worth $2.1B went to businesses in Los Angeles, CA between October 2021 and June 2026, from 142 lenders. Bank of Hope made the most, 212 loans. The median loan was $280,000, compared with $300,000 across California, and retail was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Bank of Hope Bank · Los Angeles, CA | 212 | $90.5M | $250,000 | 15% |
| 2 | U.S. Bank Bank · Cincinnati, OH | 176 | $52.6M | $50,000 | 24% |
| 3 | Business Finance Capital Certified development company · Los Angeles, CA | 173 | $271.5M | $1,107,000 | 4% |
| 4 | Newtek Bank Bank · Miami, FL | 168 | $52.4M | $150,000 | 15% |
| 5 | Northeast Bank Bank · Portland, ME | 151 | $25.0M | $150,000 | 15% |
| 6 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 140 | $74.3M | $150,000 | 19% |
| 7 | JPMorgan Chase Bank Bank · Columbus, OH | 139 | $32.4M | $200,000 | 7% |
| 8 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 132 | $26.7M | $150,000 | 2% |
| 9 | BayFirst National Bank Bank · St. Petersburg, FL | 117 | $20.9M | $150,000 | 3% |
| 10 | Mortgage Capital Development Certified development company · Oakland, CA | 94 | $150.4M | $1,037,500 | 2% |
| 11 | Huntington National Bank Bank · Columbus, OH | 92 | $34.2M | $250,400 | 34% |
| 12 | Wells Fargo Bank Bank · Sioux Falls, SD | 88 | $23.2M | $15,000 | 89% |
| 13 | California Statewide Certified Development Certified development company · Davis, CA | 84 | $133.4M | $1,205,500 | 1% |
| 14 | Bank of America Bank · Charlotte, NC | 72 | $34.2M | $350,000 | 7% |
| 15 | CDC Small Business Finance Non-bank lender · San Diego, CA | 65 | $10.2M | $150,000 | 63% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Retail | 464 | $298,500 | Bank of Hope | |
| Wholesale trade | 416 | $350,000 | Bank of Hope | |
| Professional and technical services | 403 | $200,000 | Newtek Bank | |
| Restaurants and hotels | 357 | $350,000 | Bank of Hope | |
| Other services (repair, personal care) | 270 | $312,500 | U.S. Bank | |
| Health care and social assistance | 219 | $350,000 | Business Finance Capital | |
| Manufacturing | 184 | $300,000 | Newtek Bank | |
| Arts, entertainment and recreation | 132 | $150,000 | Newtek Bank |