Southland Economic Development approved 233 SBA loans worth $320.3M between October 2021 and June 2026, ranking #179 of 2,283 SBA lenders nationally by loan count. Its median loan was $983,000, and 3% went to startups or businesses under two years old. It lent in 4 states, most often in California, and its most financed industry was wholesale trade.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| California | 228 | $310.0M | $978,500 | #40 |
| Texas | 3 | $5.7M | $1,055,000 | #290 |
| Florida | 1 | $3.9M | $3,862,000 | #284 |
| Washington | 1 | $698K | $698,000 | #162 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Wholesale trade | 43 | $1,591,000 | |
| Construction | 30 | $879,000 | |
| Professional and technical services | 29 | $797,000 | |
| Health care and social assistance | 26 | $682,000 | |
| Manufacturing | 22 | $1,263,000 | |
| Retail | 21 | $901,000 | |
| Other services (repair, personal care) | 13 | $777,000 | |
| Restaurants and hotels | 11 | $817,000 | |
| Transportation and warehousing | 11 | $626,000 | |
| Administrative and support services | 7 | $908,000 |