187 SBA loans worth $111.0M went to businesses in Santa Monica, CA between October 2021 and June 2026, from 53 lenders. Newtek Bank made the most, 28 loans. The median loan was $250,000, compared with $300,000 across California, and professional and technical services was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Newtek Bank Bank · Miami, FL | 28 | $17.4M | $162,500 | 39% |
| 2 | Northeast Bank Bank · Portland, ME | 15 | $3.1M | $144,900 | 7% |
| 3 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 15 | $2.6M | $50,000 | 13% |
| 4 | Huntington National Bank Bank · Columbus, OH | 12 | $6.0M | $350,000 | 33% |
| 5 | U.S. Bank Bank · Cincinnati, OH | 10 | $1.5M | $50,000 | 30% |
| 6 | BayFirst National Bank Bank · St. Petersburg, FL | 10 | $1.4M | $150,000 | 0% |
| 7 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 9 | $1.1M | $102,700 | 0% |
| 8 | Byline Bank Bank · Chicago, IL | 6 | $11.3M | $1,426,000 | 33% |
| 9 | Live Oak Banking Bank · Wilmington, NC | 5 | $1.9M | $350,000 | 0% |
| 10 | CDC Small Business Finance Non-bank lender · San Diego, CA | 5 | $618K | $100,000 | 80% |
| 11 | Business Finance Capital Certified development company · Los Angeles, CA | 4 | $8.6M | $1,127,000 | 25% |
| 12 | PCB Bank Bank · Los Angeles, CA | 4 | $1.8M | $446,500 | 50% |
| 13 | Wells Fargo Bank Bank · Sioux Falls, SD | 4 | $761K | $134,650 | 75% |
| 14 | JPMorgan Chase Bank Bank · Columbus, OH | 4 | $580K | $162,500 | 0% |
| 15 | California Statewide Certified Development Certified development company · Davis, CA | 3 | $7.2M | $1,351,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Professional and technical services | 36 | $275,000 | Newtek Bank | |
| Other services (repair, personal care) | 26 | $150,000 | Huntington National Bank | |
| Health care and social assistance | 24 | $254,250 | Newtek Bank | |
| Retail | 22 | $150,000 | Newtek Bank | |
| Restaurants and hotels | 19 | $725,000 | Byline Bank | |
| Arts, entertainment and recreation | 10 | $490,750 | Wells Fargo Bank | |
| Information and media | 9 | $100,000 | Northeast Bank | |
| Manufacturing | 8 | $134,250 | Northeast Bank |