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SBA lenders in West Covina, CA

SBA 7(a) and 504 loans to businesses in West Covina (Los Angeles County), October 2021 to June 30, 2026 · Updated October 15, 2026
83
SBA loans approved
$53.2M
Total approved
$250,000
Median loan
34
Lenders active
27%
To startups

83 SBA loans worth $53.2M went to businesses in West Covina, CA between October 2021 and June 2026, from 34 lenders. Northeast Bank made the most, 10 loans. The median loan was $250,000, compared with $300,000 across California, and restaurants and hotels was the most financed industry.

Most active SBA lenders in West Covina

#LenderLoansApprovedMedian loanTo startups
1Northeast Bank
Bank · Portland, ME
10$2.0M$176,0000%
2East West Bank
Bank · Pasadena, CA
9$5.9M$599,00022%
3U.S. Bank
Bank · Cincinnati, OH
7$247K$42,00029%
4California Statewide Certified Development
Certified development company · Davis, CA
4$5.6M$1,311,5000%
5Bank of Hope
Bank · Los Angeles, CA
4$3.8M$250,00025%
6JPMorgan Chase Bank
Bank · Columbus, OH
4$875K$237,50025%
7Lendistry SBLC
Non-bank lender · Los Angeles, CA
4$747K$201,3500%
8Wells Fargo Bank
Bank · Sioux Falls, SD
4$110K$27,500100%
9Huntington National Bank
Bank · Columbus, OH
3$725K$335,00067%
10Newtek Bank
Bank · Miami, FL
3$635K$235,00033%
11BayFirst National Bank
Bank · St. Petersburg, FL
3$285K$72,1000%
12Business Finance Capital
Certified development company · Los Angeles, CA
2$3.7M$1,845,50050%
13Harvest Small Business Finance
Non-bank lender · Laguna Hills, CA
2$935K$467,5000%
14Hanmi Bank
Bank · Los Angeles, CA
2$668K$334,000100%
15CommerceWest Bank
Bank · Irvine, CA
2$350K$175,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in West Covina. For 504 loans the lender shown is the certified development company.

What gets financed in West Covina

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels13
16%
$150,000U.S. Bank
Retail13
16%
$681,000Northeast Bank
Other services (repair, personal care)8
10%
$217,500Lendistry SBLC
Professional and technical services7
8%
$350,000JPMorgan Chase Bank
Transportation and warehousing7
8%
$45,400U.S. Bank
Administrative and support services6
7%
$245,000JPMorgan Chase Bank
Health care and social assistance6
7%
$449,750East West Bank
Real estate and rental5
6%
$250,000CommerceWest Bank
Loan size mix
  • Under $150,00033%
  • $150,000 to $500,00039%
  • $500,000 to $2 million19%
  • $2 million and up10%
Compared with California
Median loan, West Covina
$250,000
Median loan, California
$300,000
Startup share, West Covina
27%
Startup share, California
23%
Share of state's SBA loans
0.2%

SBA loans per fiscal year in West Covina

0102030FY14: 16 loansFY14FY15: 12 loansFY15FY16: 27 loansFY1627FY17: 27 loansFY17FY18: 18 loansFY18FY19: 12 loansFY19FY20: 12 loansFY20FY21: 12 loansFY21FY22: 11 loansFY22FY23: 16 loansFY23FY24: 18 loansFY24FY25: 27 loansFY25FY26 (Oct to Jun): 11 loansFY2611
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.