50 SBA loans worth $32.8M went to businesses in Hermosa Beach, CA between October 2021 and June 2026, from 27 lenders. Mortgage Capital Development made the most, 5 loans. The median loan was $350,000, compared with $300,000 across California, and professional and technical services was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Mortgage Capital Development Certified development company · Oakland, CA | 5 | $4.2M | $444,000 | 0% |
| 2 | Northeast Bank Bank · Portland, ME | 5 | $862K | $150,000 | 20% |
| 3 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 4 | $521K | $63,500 | 0% |
| 4 | Business Finance Capital Certified development company · Los Angeles, CA | 3 | $3.4M | $883,000 | 33% |
| 5 | Wells Fargo Bank Bank · Sioux Falls, SD | 3 | $579K | $20,000 | 67% |
| 6 | BayFirst National Bank Bank · St. Petersburg, FL | 3 | $308K | $131,000 | 0% |
| 7 | U.S. Bank Bank · Cincinnati, OH | 3 | $205K | $80,000 | 0% |
| 8 | Live Oak Banking Bank · Wilmington, NC | 2 | $4.8M | $2,395,000 | 0% |
| 9 | Centerstone SBA Lending Non-bank lender · Los Angeles, CA | 2 | $4.0M | $2,007,500 | 100% |
| 10 | Bank of America Bank · Charlotte, NC | 2 | $2.4M | $1,218,300 | 100% |
| 11 | Newtek Bank Bank · Miami, FL | 2 | $1.1M | $550,000 | 0% |
| 12 | California Statewide Certified Development Certified development company · Davis, CA | 1 | $2.6M | $2,589,000 | 0% |
| 13 | CalPrivate Bank Bank · La Jolla, CA | 1 | $1.1M | $1,140,000 | 0% |
| 14 | PCB Bank Bank · Los Angeles, CA | 1 | $1.1M | $1,105,000 | 0% |
| 15 | Southland Economic Development Certified development company · Santa Ana, CA | 1 | $984K | $984,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Professional and technical services | 11 | $350,000 | Northeast Bank | |
| Health care and social assistance | 8 | $539,000 | Mortgage Capital Development | |
| Other services (repair, personal care) | 7 | $550,000 | Centerstone SBA Lending | |
| Retail | 5 | $350,000 | Bank of Hope | |
| Construction | 4 | $481,000 | Business Finance Capital | |
| Restaurants and hotels | 4 | $645,000 | Wells Fargo Bank | |
| Wholesale trade | 3 | $63,500 | Readycap Lending | |
| Administrative and support services | 2 | $150,000 | United Midwest Savings Bank |