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SBA lenders in Palm Springs, CA

SBA 7(a) and 504 loans to businesses in Palm Springs (Riverside County), October 2021 to June 30, 2026 · Updated October 15, 2026
86
SBA loans approved
$77.3M
Total approved
$302,200
Median loan
44
Lenders active
28%
To startups

86 SBA loans worth $77.3M went to businesses in Palm Springs, CA between October 2021 and June 2026, from 44 lenders. U.S. Bank made the most, 8 loans. The median loan was $302,200, compared with $300,000 across California, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Palm Springs

#LenderLoansApprovedMedian loanTo startups
1U.S. Bank
Bank · Cincinnati, OH
8$1.4M$44,95050%
2Northeast Bank
Bank · Portland, ME
7$1.4M$150,00014%
3JPMorgan Chase Bank
Bank · Columbus, OH
6$3.4M$202,50033%
4Business Finance Capital
Certified development company · Los Angeles, CA
5$12.5M$2,759,0000%
5CDC Small Business Finance
Non-bank lender · San Diego, CA
5$807K$182,00020%
6Mission Valley Bank
Bank · Sun Valley, CA
3$9.6M$2,471,8000%
7Readycap Lending
Non-bank lender · Berkeley Heights, NJ
3$1.6M$266,10033%
8Neighborhood National Bank
Bank · El Cajon, CA
3$1.4M$220,50033%
9Lendistry SBLC
Non-bank lender · Los Angeles, CA
3$438K$102,7000%
10BayFirst National Bank
Bank · St. Petersburg, FL
3$376K$150,0000%
11Harvest Small Business Finance
Non-bank lender · Laguna Hills, CA
2$4.6M$2,302,10050%
12California Statewide Certified Development
Certified development company · Davis, CA
2$2.2M$1,079,5000%
13Mortgage Capital Development
Certified development company · Oakland, CA
2$1.9M$954,5000%
14Wells Fargo Bank
Bank · Sioux Falls, SD
2$339K$169,7000%
15First Bank of the Lake
Bank · Osage Beach, MO
2$326K$163,000100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Palm Springs. For 504 loans the lender shown is the certified development company.

What gets financed in Palm Springs

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels31
36%
$1,076,000Northeast Bank
Retail14
16%
$166,000Neighborhood National Bank
Professional and technical services9
10%
$150,000First Bank of the Lake
Construction9
10%
$252,700U.S. Bank
Other services (repair, personal care)7
8%
$55,600U.S. Bank
Administrative and support services4
5%
$250,000Merchants Bank of Indiana
Real estate and rental3
3%
$250,000Fifth Third Bank
Health care and social assistance3
3%
$4,996,000Mission Valley Bank
Loan size mix
  • Under $150,00027%
  • $150,000 to $500,00031%
  • $500,000 to $2 million27%
  • $2 million and up15%
Compared with California
Median loan, Palm Springs
$302,200
Median loan, California
$300,000
Startup share, Palm Springs
28%
Startup share, California
23%
Share of state's SBA loans
0.2%

SBA loans per fiscal year in Palm Springs

0102030FY14: 18 loansFY14FY15: 23 loansFY15FY16: 26 loansFY1626FY17: 13 loansFY17FY18: 21 loansFY18FY19: 8 loansFY19FY20: 13 loansFY20FY21: 9 loansFY21FY22: 14 loansFY22FY23: 12 loansFY23FY24: 23 loansFY24FY25: 20 loansFY25FY26 (Oct to Jun): 17 loansFY2617
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.