Arcata Economic Development approved 19 SBA loans worth $12.0M between October 2021 and June 2026, ranking #927 of 2,283 SBA lenders nationally by loan count. Its median loan was $267,000, and 26% went to startups or businesses under two years old. It lent in 1 states, most often in California, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| California | 19 | $12.0M | $267,000 | #136 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 6 | $892,500 | |
| Retail | 4 | $252,000 | |
| Health care and social assistance | 3 | $325,000 | |
| Construction | 2 | $268,000 | |
| Administrative and support services | 1 | $194,000 | |
| Arts, entertainment and recreation | 1 | $168,000 | |
| Professional and technical services | 1 | $1,229,000 | |
| Manufacturing | 1 | $196,000 |