53 SBA loans worth $28.3M went to businesses in Los Gatos, CA between October 2021 and June 2026, from 23 lenders. Newtek Bank made the most, 9 loans. The median loan was $184,500, compared with $300,000 across California, and health care and social assistance was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Newtek Bank Bank · Miami, FL | 9 | $6.0M | $350,000 | 44% |
| 2 | U.S. Bank Bank · Cincinnati, OH | 8 | $3.1M | $100,000 | 0% |
| 3 | BayFirst National Bank Bank · St. Petersburg, FL | 4 | $565K | $150,000 | 0% |
| 4 | Huntington National Bank Bank · Columbus, OH | 4 | $560K | $85,000 | 50% |
| 5 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 3 | $227K | $50,000 | 0% |
| 6 | Bay Area Employment Development Certified development company · Concord, CA | 2 | $2.9M | $1,466,000 | 0% |
| 7 | Bancorp Bank Bank · Sioux Falls, SD | 2 | $1.9M | $931,500 | 100% |
| 8 | City National Bank Bank · Los Angeles, CA | 2 | $626K | $313,250 | 100% |
| 9 | First Bank of the Lake Bank · Osage Beach, MO | 2 | $598K | $299,250 | 100% |
| 10 | Wells Fargo Bank Bank · Sioux Falls, SD | 2 | $331K | $165,400 | 50% |
| 11 | Celtic Bank Bank · Salt Lake City, UT | 2 | $300K | $150,000 | 0% |
| 12 | Northeast Bank Bank · Portland, ME | 2 | $180K | $90,000 | 0% |
| 13 | First Business Bank Bank · Madison, WI | 1 | $3.5M | $3,472,000 | 0% |
| 14 | Mortgage Capital Development Certified development company · Oakland, CA | 1 | $1.8M | $1,769,000 | 0% |
| 15 | Southland Economic Development Certified development company · Santa Ana, CA | 1 | $1.3M | $1,309,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Health care and social assistance | 12 | $487,500 | Wells Fargo Bank | |
| Professional and technical services | 10 | $190,000 | Newtek Bank | |
| Other services (repair, personal care) | 7 | $100,000 | U.S. Bank | |
| Restaurants and hotels | 6 | $500,000 | Newtek Bank | |
| Construction | 5 | $150,000 | Huntington National Bank | |
| Manufacturing | 3 | $474,000 | Newtek Bank | |
| Arts, entertainment and recreation | 2 | $32,500 | U.S. Bank | |
| Education | 2 | $143,500 | Celtic Bank |