43 SBA loans worth $33.1M went to businesses in Monterey Park, CA between October 2021 and June 2026, from 29 lenders. U.S. Bank 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 | U.S. Bank Bank · Cincinnati, OH | 5 | $175K | $39,500 | 60% |
| 2 | East West Bank Bank · Pasadena, CA | 4 | $4.9M | $1,124,000 | 25% |
| 3 | Business Finance Capital Certified development company · Los Angeles, CA | 3 | $3.1M | $1,020,000 | 0% |
| 4 | Wells Fargo Bank Bank · Sioux Falls, SD | 3 | $1.7M | $15,000 | 100% |
| 5 | Bank of Hope Bank · Los Angeles, CA | 2 | $5.0M | $2,500,000 | 0% |
| 6 | Bank of America Bank · Charlotte, NC | 2 | $850K | $425,000 | 0% |
| 7 | JPMorgan Chase Bank Bank · Columbus, OH | 2 | $770K | $385,000 | 50% |
| 8 | AMPAC Tri-State CDC Certified development company · Ontario, CA | 1 | $3.0M | $3,032,000 | 0% |
| 9 | City National Bank Bank · Los Angeles, CA | 1 | $2.7M | $2,660,000 | 0% |
| 10 | Hanover Community Bank Bank · Garden City Park, NY | 1 | $2.6M | $2,600,000 | 0% |
| 11 | Mortgage Capital Development Certified development company · Oakland, CA | 1 | $1.7M | $1,744,000 | 0% |
| 12 | Mega Bank Bank · San Gabriel, CA | 1 | $949K | $949,000 | 0% |
| 13 | CTBC Bank Corp. (USA) Bank · Los Angeles, CA | 1 | $907K | $907,000 | 0% |
| 14 | Hanmi Bank Bank · Los Angeles, CA | 1 | $820K | $820,000 | 100% |
| 15 | 22nd State Bank, A Division of 22nd State Banking Bank · Mobile, AL | 1 | $654K | $654,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Professional and technical services | 7 | $350,000 | East West Bank | |
| Retail | 7 | $142,000 | JPMorgan Chase Bank | |
| Other services (repair, personal care) | 7 | $50,000 | U.S. Bank | |
| Restaurants and hotels | 6 | $791,500 | Celtic Bank | |
| Wholesale trade | 6 | $1,444,250 | Bank of Hope | |
| Manufacturing | 2 | $649,500 | Mega Bank | |
| Construction | 2 | $757,500 | Harvest Small Business Finance | |
| Administrative and support services | 2 | $17,600 | U.S. Bank |