55 SBA loans worth $44.6M went to businesses in South Gate, CA between October 2021 and June 2026, from 33 lenders. Readycap Lending made the most, 5 loans. The median loan was $415,000, 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 | $1.2M | $103,500 | 0% |
| 2 | Bank of Hope Bank · Los Angeles, CA | 3 | $3.7M | $605,000 | 33% |
| 3 | East West Bank Bank · Pasadena, CA | 3 | $2.0M | $698,000 | 0% |
| 4 | U.S. Bank Bank · Cincinnati, OH | 3 | $1.4M | $531,200 | 33% |
| 5 | CDC Small Business Finance Non-bank lender · San Diego, CA | 3 | $435K | $150,000 | 67% |
| 6 | Mortgage Capital Development Certified development company · Oakland, CA | 2 | $4.0M | $1,997,500 | 0% |
| 7 | Byline Bank Bank · Chicago, IL | 2 | $3.6M | $1,782,500 | 0% |
| 8 | US Metro Bank Bank · Garden Grove, CA | 2 | $2.8M | $1,385,000 | 50% |
| 9 | Enterprise Bank & Trust Bank · Clayton, MO | 2 | $2.3M | $1,142,000 | 50% |
| 10 | First Bank of the Lake Bank · Osage Beach, MO | 2 | $1.7M | $842,500 | 0% |
| 11 | Woori America Bank Bank · New York, NY | 2 | $1.5M | $750,000 | 50% |
| 12 | California Statewide Certified Development Certified development company · Davis, CA | 2 | $1.5M | $728,500 | 0% |
| 13 | Business Finance Capital Certified development company · Los Angeles, CA | 2 | $811K | $405,500 | 0% |
| 14 | JPMorgan Chase Bank Bank · Columbus, OH | 2 | $410K | $205,000 | 0% |
| 15 | BayFirst National Bank Bank · St. Petersburg, FL | 2 | $236K | $118,050 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Retail | 11 | $531,200 | Commonwealth Business Bank | |
| Construction | 9 | $150,000 | JPMorgan Chase Bank | |
| Restaurants and hotels | 8 | $381,400 | First Bank of the Lake | |
| Manufacturing | 5 | $354,000 | Woori America Bank | |
| Transportation and warehousing | 5 | $255,000 | Readycap Lending | |
| Wholesale trade | 4 | $1,811,000 | Mortgage Capital Development | |
| Health care and social assistance | 4 | $626,000 | BayFirst National Bank | |
| Administrative and support services | 3 | $199,000 | Byline Bank |