Last annual update:
A few California-based banks were among the biggest lenders to “The Golden State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a restaurant, auto repair, medical practice, funeral home, veterinary or hotel, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top 10 SBA Lenders in California:
| State Rank | Bank | Headquarters | # Loans | Avg Loan | Avg Int |
|---|---|---|---|---|---|
| 1 | Wells Fargo | Sioux Falls, SD | 1188 | $420,336 | 7.7% |
| 2 | JPMorgan Chase Bank | Columbus, OH | 704 | $288,605 | 6.9% |
| 3 | U.S. Bank | Cincinnati, OH | 538 | $310,584 | 7.4% |
| 4 | Bank of Hope | Los Angeles, CA | 259 | $613,761 | 6.1% |
| 5 | Celtic Bank | Salt Lake City, UT | 203 | $366,318 | 6.9% |
| 6 | First Home Bank | Seminole, FL | 195 | $246,400 | 6.8% |
| 7 | Compass Bank | Birmingham, AL | 170 | $195,518 | 8.2% |
| 8 | Independence Bank | East Greenwich, RI | 161 | $124,752 | 7.1% |
| 9 | East West Bank | Pasadena, CA | 151 | $434,657 | 7.8% |
| 10 | Seacoast Commerce Bank | San Diego, CA | 148 | $899,738 | 6.2% |
| 11 | Live Oak | Wilmington, NC | 141 | $1,267,564 | 6.3% |
| 12 | Bank of the West | San Francisco, CA | 138 | $695,722 | 5.8% |
| 13 | Community Bank | Pasadena, CA | 133 | $699,187 | 6.6% |
| 14 | Hanmi Bank | Los Angeles, CA | 129 | $453,260 | 6.5% |
| 15 | CDC Small Business Finance | San Diego, CA | 116 | $164,490 | 8.6% |
| 16 | Commonwealth Business Bank | Los Angeles, CA | 112 | $815,464 | 5.7% |
| 17 | Harvest Small Business Finance | Laguna Hills, CA | 104 | $1,392,720 | 6.7% |
| 18 | Banner Bank | Walla Walla, WA | 103 | $159,576 | 5.9% |
| 19 | Comerica Bank | Dallas, TX | 98 | $208,622 | 5.8% |
| 20 | Citibank | Sioux Falls, SD | 91 | $175,637 | 6.9% |
| 21 | Stearns Bank | Saint Cloud, MN | 84 | $271,133 | 6.9% |
| 22 | Open Bank | Los Angeles, CA | 81 | $1,141,301 | 5.6% |
| 23 | Five Star Bank | Rocklin, CA | 80 | $264,413 | 6.8% |
| 24 | Pacific City Bank | Los Angeles, CA | 79 | $945,629 | 5.9% |
| 25 | Uniti Bank | Buena Park, CA | 68 | $965,235 | 5.6% |
| 26 | MUFG Union Bank | San Francisco, CA | 66 | $1,315,750 | 5.2% |
| 27 | Main Street Launch | Oakland, CA | 64 | $160,613 | 8.0% |
| 28 | US Metro Bank | Garden Grove, CA | 60 | $1,215,628 | 5.9% |
| 29 | Plumas Bank | Quincy, CA | 58 | $769,510 | 6.2% |
| 30 | Newtek Small Business | Lake Success, NY | 57 | $914,484 | 6.8% |
| 31 | Tri Counties Bank | Chico, CA | 57 | $195,214 | 7.2% |
| 32 | Hana Small Business Lending | Los Angeles, CA | 56 | $1,010,232 | 6.0% |
| 33 | Pinnacle Bank | Morgan Hill, CA | 56 | $1,433,063 | 5.5% |
| 34 | Santa Cruz County Bank | Santa Cruz, CA | 56 | $634,375 | 6.5% |
| 35 | Umpqua Bank | Roseburg, OR | 56 | $725,636 | 6.3% |
| 36 | Zions Bank | Salt Lake City, UT | 55 | $348,109 | 7.5% |
| 37 | Readycap Lending, LLC | New Providence, NJ | 52 | $1,145,315 | 6.4% |
| 38 | Bank of America | Charlotte, NC | 50 | $789,418 | 5.8% |
| 39 | Fresno First Bank | Fresno, CA | 49 | $326,143 | 6.9% |
| 40 | Exchange Bank | Santa Rosa, CA | 46 | $679,128 | 6.4% |
| 41 | United Business Bank | Walnut Creek, CA | 44 | $1,008,091 | 6.1% |
| 42 | CenterStone SBA Lending | Los Angeles, CA | 43 | $1,349,993 | 6.1% |
| 43 | Central Valley Community Bank | Fresno, CA | 43 | $331,809 | 6.2% |
| 44 | First Choice Bank | Cerritos, CA | 42 | $1,449,226 | 6.0% |
| 45 | Pacific Commerce Bank | Los Angeles, CA | 41 | $668,985 | 5.9% |
| 46 | City National Bank | Los Angeles, CA | 39 | $396,379 | 6.1% |
| 47 | Heritage Bank of Commerce | San Jose, CA | 39 | $553,418 | 6.7% |
| 48 | Spirit of Texas Bank | College Station, TX | 39 | $328,772 | 6.4% |
| 49 | Pacific Premier Bank | Irvine, CA | 38 | $1,524,279 | 6.3% |
| 50 | Cornerstone Community Bank | Red Bluff, CA | 36 | $400,622 | 6.3% |