53 SBA loans worth $54.0M went to businesses in Palo Alto, CA between October 2021 and June 2026, from 27 lenders. JPMorgan Chase Bank made the most, 7 loans. The median loan was $500,000, compared with $300,000 across California, and professional and technical services was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | JPMorgan Chase Bank Bank · Columbus, OH | 7 | $5.0M | $500,000 | 0% |
| 2 | Wells Fargo Bank Bank · Sioux Falls, SD | 6 | $105K | $17,500 | 100% |
| 3 | Mortgage Capital Development Certified development company · Oakland, CA | 5 | $7.3M | $1,112,000 | 0% |
| 4 | Live Oak Banking Bank · Wilmington, NC | 3 | $1.5M | $500,000 | 0% |
| 5 | Newtek Bank Bank · Miami, FL | 3 | $1.1M | $150,000 | 33% |
| 6 | Celtic Bank Bank · Salt Lake City, UT | 3 | $450K | $150,000 | 0% |
| 7 | Hanmi Bank Bank · Los Angeles, CA | 2 | $7.1M | $3,571,500 | 100% |
| 8 | Capital Access Group Certified development company · San Francisco, CA | 2 | $6.9M | $3,448,000 | 0% |
| 9 | CDC Small Business Finance Certified development company · San Diego, CA | 2 | $6.8M | $3,412,000 | 0% |
| 10 | BMO Bank Bank · Chicago, IL | 2 | $3.2M | $1,598,250 | 50% |
| 11 | U.S. Bank Bank · Cincinnati, OH | 2 | $694K | $346,950 | 50% |
| 12 | Zions Bank, A Division of Bank · Salt Lake City, UT | 1 | $2.0M | $2,036,700 | 100% |
| 13 | California Statewide Certified Development Certified development company · Davis, CA | 1 | $2.0M | $2,031,000 | 0% |
| 14 | Business Finance Capital Certified development company · Los Angeles, CA | 1 | $1.8M | $1,842,000 | 0% |
| 15 | Open Bank Bank · Los Angeles, CA | 1 | $1.8M | $1,800,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Professional and technical services | 12 | $150,000 | Mortgage Capital Development | |
| Construction | 10 | $762,500 | JPMorgan Chase Bank | |
| Restaurants and hotels | 9 | $995,000 | Hanmi Bank | |
| Retail | 5 | $40,000 | Wells Fargo Bank | |
| Health care and social assistance | 4 | $2,590,850 | Capital Access Group | |
| Education | 3 | $500,000 | Live Oak Banking | |
| Arts, entertainment and recreation | 2 | $447,100 | PNC Bank | |
| Other services (repair, personal care) | 2 | $267,250 | First Bank of the Lake |