61 SBA loans worth $65.9M went to businesses in Morgan Hill, CA between October 2021 and June 2026, from 30 lenders. Newtek Bank made the most, 9 loans. The median loan was $490,800, compared with $300,000 across California, and manufacturing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Newtek Bank Bank · Miami, FL | 9 | $10.0M | $350,000 | 33% |
| 2 | Mortgage Capital Development Certified development company · Oakland, CA | 8 | $15.7M | $1,391,000 | 12% |
| 3 | U.S. Bank Bank · Cincinnati, OH | 6 | $2.0M | $93,600 | 33% |
| 4 | Bay Area Employment Development Certified development company · Concord, CA | 4 | $4.5M | $624,000 | 25% |
| 5 | Capital Access Group Certified development company · San Francisco, CA | 3 | $2.5M | $903,000 | 0% |
| 6 | City National Bank Bank · Los Angeles, CA | 2 | $7.0M | $3,480,000 | 0% |
| 7 | Pinnacle Bank Bank · Gilroy, CA | 2 | $3.5M | $1,741,300 | 0% |
| 8 | Business Finance Capital Certified development company · Los Angeles, CA | 2 | $1.1M | $530,500 | 0% |
| 9 | JPMorgan Chase Bank Bank · Columbus, OH | 2 | $600K | $300,000 | 0% |
| 10 | Celtic Bank Bank · Salt Lake City, UT | 2 | $431K | $215,500 | 0% |
| 11 | Mortgage Capital Development Non-bank lender · Oakland, CA | 2 | $281K | $140,300 | 0% |
| 12 | Commercial Bank of California Bank · Irvine, CA | 1 | $3.6M | $3,600,000 | 0% |
| 13 | Fifth Third Bank Bank · Cincinnati, OH | 1 | $2.5M | $2,535,600 | 100% |
| 14 | CDC Small Business Finance Certified development company · San Diego, CA | 1 | $2.2M | $2,211,000 | 0% |
| 15 | Nevada State Development Certified development company · Las Vegas, NV | 1 | $1.9M | $1,935,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Manufacturing | 10 | $1,684,500 | Mortgage Capital Development | |
| Health care and social assistance | 9 | $451,000 | Newtek Bank | |
| Construction | 8 | $347,000 | City National Bank | |
| Restaurants and hotels | 7 | $510,000 | Mortgage Capital Development | |
| Professional and technical services | 6 | $503,900 | U.S. Bank | |
| Other services (repair, personal care) | 5 | $1,125,000 | Live Oak Banking | |
| Retail | 4 | $561,500 | Mortgage Capital Development | |
| Agriculture, forestry and fishing | 3 | $3,000,000 | Newtek Bank |