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SBA lenders in Milpitas, CA

SBA 7(a) and 504 loans to businesses in Milpitas (Santa Clara County), October 2021 to June 30, 2026 · Updated October 15, 2026
65
SBA loans approved
$49.4M
Total approved
$175,000
Median loan
35
Lenders active
28%
To startups

65 SBA loans worth $49.4M went to businesses in Milpitas, CA between October 2021 and June 2026, from 35 lenders. U.S. Bank made the most, 6 loans. The median loan was $175,000, compared with $300,000 across California, and health care and social assistance was the most financed industry.

Most active SBA lenders in Milpitas

#LenderLoansApprovedMedian loanTo startups
1U.S. Bank
Bank · Cincinnati, OH
6$1.5M$50,00033%
2Northeast Bank
Bank · Portland, ME
5$271K$50,00020%
3Newtek Bank
Bank · Miami, FL
4$880K$157,50025%
4Huntington National Bank
Bank · Columbus, OH
3$1.4M$100,00067%
5Bank of America
Bank · Charlotte, NC
3$1.3M$250,00033%
6First Bank of the Lake
Bank · Osage Beach, MO
3$518K$150,00033%
7United Midwest Savings Bank
Bank · Degraff, OH
3$450K$150,000100%
8BayFirst National Bank
Bank · St. Petersburg, FL
3$400K$150,0000%
9Banner Bank
Bank · Walla Walla, WA
3$150K$50,00033%
10Mortgage Capital Development
Certified development company · Oakland, CA
2$5.5M$2,755,0000%
11Technology Credit Union
Credit union · San Jose, CA
2$5.3M$2,650,00050%
12Fremont Bank
Bank · Fremont, CA
2$2.3M$1,160,0000%
13Open Bank
Bank · Los Angeles, CA
2$2.0M$977,5000%
14Celtic Bank
Bank · Salt Lake City, UT
2$300K$150,0000%
15JPMorgan Chase Bank
Bank · Columbus, OH
2$270K$135,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Milpitas. For 504 loans the lender shown is the certified development company.

What gets financed in Milpitas

IndustryLoansShareMedian loanMost active lender
Health care and social assistance13
20%
$218,000United Midwest Savings Bank
Other services (repair, personal care)11
17%
$50,000First Bank of the Lake
Retail8
12%
$212,500Northeast Bank
Wholesale trade6
9%
$1,258,500Capital Access Group
Manufacturing5
8%
$1,203,500U.S. Bank
Restaurants and hotels5
8%
$330,000Exchange Bank
Professional and technical services4
6%
$325,000Celtic Bank
Construction4
6%
$450,000U.S. Bank
Loan size mix
  • Under $150,00035%
  • $150,000 to $500,00028%
  • $500,000 to $2 million23%
  • $2 million and up14%
Compared with California
Median loan, Milpitas
$175,000
Median loan, California
$300,000
Startup share, Milpitas
28%
Startup share, California
23%
Share of state's SBA loans
0.2%

SBA loans per fiscal year in Milpitas

0102030FY14: 18 loansFY14FY15: 15 loansFY15FY16: 17 loansFY16FY17: 13 loansFY17FY18: 16 loansFY18FY19: 8 loansFY19FY20: 13 loansFY20FY21: 14 loansFY21FY22: 1 loansFY22FY23: 19 loansFY23FY24: 13 loansFY24FY25: 23 loansFY2523FY26 (Oct to Jun): 9 loansFY269
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.