64 SBA loans worth $40.6M went to businesses in Monterey, CA between October 2021 and June 2026, from 33 lenders. Monterey County Bank made the most, 7 loans. The median loan was $350,000, compared with $300,000 across California, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Monterey County Bank Bank · Monterey, CA | 7 | $5.2M | $430,000 | 29% |
| 2 | West Coast Community Bank Bank · Santa Cruz, CA | 4 | $3.5M | $555,900 | 25% |
| 3 | Bay Area Employment Development Certified development company · Concord, CA | 4 | $3.3M | $910,500 | 0% |
| 4 | Northeast Bank Bank · Portland, ME | 4 | $839K | $200,000 | 0% |
| 5 | Mortgage Capital Development Certified development company · Oakland, CA | 3 | $5.6M | $2,361,000 | 33% |
| 6 | Newtek Bank Bank · Miami, FL | 3 | $3.1M | $350,000 | 0% |
| 7 | BMO Bank Bank · Chicago, IL | 3 | $1.4M | $500,000 | 0% |
| 8 | Huntington National Bank Bank · Columbus, OH | 3 | $685K | $260,000 | 67% |
| 9 | JPMorgan Chase Bank Bank · Columbus, OH | 3 | $600K | $200,000 | 0% |
| 10 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 3 | $303K | $127,700 | 0% |
| 11 | Fifth Third Bank Bank · Cincinnati, OH | 2 | $1.9M | $955,200 | 50% |
| 12 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 2 | $658K | $328,750 | 0% |
| 13 | CDC Small Business Finance Non-bank lender · San Diego, CA | 2 | $480K | $240,000 | 50% |
| 14 | Wells Fargo Bank Bank · Sioux Falls, SD | 2 | $45K | $22,500 | 100% |
| 15 | Live Oak Banking Bank · Wilmington, NC | 1 | $3.2M | $3,230,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 14 | $375,500 | Monterey County Bank | |
| Health care and social assistance | 11 | $295,000 | Bay Area Employment Development | |
| Retail | 10 | $440,500 | Bay Area Employment Development | |
| Manufacturing | 6 | $600,000 | West Coast Community Bank | |
| Construction | 4 | $200,000 | Celtic Bank | |
| Professional and technical services | 4 | $138,850 | Lendistry SBLC | |
| Other services (repair, personal care) | 3 | $256,000 | U.S. Bank | |
| Arts, entertainment and recreation | 3 | $362,500 | West Coast Community Bank |