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 SBA Lenders in California:
| State Rank | Bank | Headquarters | # Loans | Avg Loan | Avg Int |
|---|---|---|---|---|---|
| 1 | Wells Fargo | Sioux Falls, SD | 789 | $335,041 | 8.7% |
| 2 | U.S. Bank | Cincinnati, OH | 702 | $174,334 | 8.0% |
| 3 | JPMorgan Chase Bank | Columbus, OH | 482 | $244,010 | 8.0% |
| 4 | Bank of Hope | Los Angeles, CA | 293 | $411,020 | 7.0% |
| 5 | Celtic Bank | Salt Lake City, UT | 205 | $438,621 | 7.5% |
| 6 | CDC Small Business Finance | San Diego, CA | 190 | $152,748 | 9.3% |
| 7 | Bank of the West | San Francisco, CA | 183 | $628,824 | 6.6% |
| 8 | First Home Bank | Seminole, FL | 181 | $225,459 | 7.7% |
| 9 | Independence Bank | East Greenwich, RI | 153 | $119,510 | 6.8% |
| 10 | Seacoast Commerce Bank | San Diego, CA | 110 | $1,017,797 | 6.9% |
| 11 | East West Bank | Pasadena, CA | 100 | $606,677 | 7.2% |
| 12 | MUFG Union Bank | San Francisco, CA | 99 | $1,458,580 | 5.8% |
| 13 | Harvest Small Business Finance | Laguna Hills, CA | 98 | $1,139,221 | 7.1% |
| 14 | Commonwealth Business Bank | Los Angeles, CA | 97 | $796,072 | 6.6% |
| 15 | Zions Bank | Salt Lake City, UT | 95 | $267,007 | 8.8% |
| 16 | Live Oak | Wilmington, NC | 92 | $1,524,353 | 6.9% |
| 17 | Stearns Bank | Saint Cloud, MN | 92 | $396,878 | 7.6% |
| 18 | Umpqua Bank | Roseburg, OR | 86 | $743,165 | 7.4% |
| 19 | BSD Capital, LLC dba Lendistry | Brea, CA | 84 | $198,038 | 9.9% |
| 20 | Hanmi Bank | Los Angeles, CA | 83 | $352,512 | 7.5% |
| 21 | Comerica Bank | Dallas, TX | 81 | $296,674 | 6.5% |
| 22 | Five Star Bank | Rocklin, CA | 73 | $285,022 | 7.6% |
| 23 | CenterStone SBA Lending | Los Angeles, CA | 67 | $1,114,575 | 7.1% |
| 24 | Open Bank | Los Angeles, CA | 65 | $1,186,226 | 6.4% |
| 25 | Bank of America | Charlotte, NC | 63 | $592,246 | 6.3% |
| 26 | Pacific City Bank | Los Angeles, CA | 61 | $859,036 | 6.7% |
| 27 | First Choice Bank | Cerritos, CA | 59 | $1,277,058 | 6.9% |
| 28 | Newtek Small Business | Lake Success, NY | 59 | $821,910 | 7.6% |
| 29 | Banner Bank | Walla Walla, WA | 57 | $144,870 | 6.8% |
| 30 | Main Street Launch | Oakland, CA | 53 | $170,162 | 8.6% |
| 31 | First Bank | Southern Pines, NC | 52 | $849,638 | 7.4% |
| 32 | Pinnacle Bank | Morgan Hill, CA | 51 | $1,740,549 | 6.2% |
| 33 | United Midwest Savings Bank | De Graff, OH | 51 | $170,020 | 7.6% |
| 34 | Uniti Bank | Buena Park, CA | 51 | $652,480 | 6.5% |
| 35 | American Business Bank | Los Angeles, CA | 50 | $709,444 | 6.7% |
| 36 | Plumas Bank | Quincy, CA | 49 | $888,798 | 6.8% |
| 37 | Compass Bank | Birmingham, AL | 48 | $349,277 | 8.3% |
| 38 | Fresno First Bank | Fresno, CA | 44 | $264,364 | 7.6% |
| 39 | Readycap Lending, LLC | New Providence, NJ | 44 | $928,005 | 7.2% |
| 40 | Citibank | Sioux Falls, SD | 42 | $211,381 | 7.1% |
| 41 | CalPrivate Bank | La Jolla, CA | 39 | $1,236,221 | 7.2% |
| 42 | Santa Cruz County Bank | Santa Cruz, CA | 38 | $592,539 | 7.2% |
| 43 | Seacoast National Bank | Stuart, FL | 37 | $217,459 | 7.5% |
| 44 | Exchange Bank | Santa Rosa, CA | 36 | $546,278 | 7.2% |
| 45 | GBC International Bank | Los Angeles, CA | 36 | $579,103 | 6.6% |
| 46 | Pacific Premier Bank | Irvine, CA | 35 | $1,253,286 | 6.8% |
| 47 | Cornerstone Community Bank | Red Bluff, CA | 34 | $295,438 | 6.9% |
| 48 | Shinhan Bank America | New York City, NY | 34 | $832,809 | 6.2% |
| 49 | State Bank and Trust | Macon, GA | 34 | $311,721 | 7.6% |
| 50 | Western Alliance Bank | Phoenix, AZ | 34 | $420,700 | 7.6% |
| 51 | Hana Small Business Lending | Los Angeles, CA | 33 | $1,210,121 | 6.8% |
| 52 | United Business Bank | Walnut Creek, CA | 33 | $1,057,309 | 7.0% |
| 53 | US Metro Bank | Garden Grove, CA | 33 | $902,242 | 6.8% |
| 54 | Community Bank | Pasadena, CA | 32 | $648,084 | 7.0% |
| 55 | Spirit of Texas Bank | College Station, TX | 32 | $345,938 | 7.2% |
| 56 | City National Bank | Los Angeles, CA | 31 | $631,755 | 6.7% |
| 57 | Byline Bank | Chicago, IL | 30 | $1,135,327 | 7.7% |
| 58 | Redwood CU | Santa Rosa, CA | 29 | $336,228 | 6.8% |
| 59 | Heritage Bank of Commerce | San Jose, CA | 28 | $737,464 | 7.5% |
| 60 | Summit State Bank | Santa Rosa, CA | 26 | $1,593,731 | 6.7% |