# Small business loans in Los Angeles, CA

**Short answer:** The most active SBA lenders in Los Angeles, CA since FY2024 are Bank of Hope (139 loans) and Lendistry SBLC, LLC (114). The median loan was $200,000, and half fell between $90,000 and $500,000. For free help, see the California SBDC. Source: SBA 7(a) loan data.

Canonical page: https://www.sbaexpress.loans/california-small-business-loans/los-angeles/
Data as of: 2026-06-30

## Lenders making SBA loans in Los Angeles

No lender made more than 10% of the loans in Los Angeles, and Bank of Hope made the most. The five largest lenders together made 36%.

**Lenders with five or more SBA loans in Los Angeles, CA, FY2024 to June 2026**

| Lender | Loans | Share |
| --- | --- | --- |
| [Bank of Hope](https://www.sbaexpress.loans/sba-express-lenders/bank-of-hope/california/) | 139 | 9.6% |
| [Lendistry SBLC, LLC](https://www.sbaexpress.loans/sba-express-lenders/lendistry-sblc-llc/): Non-bank lender | 114 | 7.8% |
| [U.S. Bank](https://www.sbaexpress.loans/sba-express-lenders/u-s-bank/) | 92 | 6.3% |
| [Newtek Bank](https://www.sbaexpress.loans/sba-express-lenders/newtek-bank/) | 91 | 6.3% |
| [Readycap Lending, LLC](https://www.sbaexpress.loans/sba-express-lenders/readycap-lending-llc/): Non-bank lender | 91 | 6.3% |

Share is the percent of all Los Angeles loans in that period. Each name links to that lender's page for California where one exists.

## Local help near Los Angeles

Los Angeles borrowers can start with SBA's district offices for California, an SBDC or SCORE.

19% of Los Angeles borrowers since FY2024 were startups or businesses two years old or younger. SBDCs provide counseling and training, and SCORE mentors give advice at no cost, according to SBA.

SBA runs six district offices that cover California. Each page points to state and federal resources and to lenders in its area. The California SBDC gives free counseling across California. The SBA Los Angeles District Office (Los Angeles, Santa Barbara and Ventura counties) comes first below because its name matches Los Angeles.

- [SBA Los Angeles District Office (Los Angeles, Santa Barbara and Ventura counties): SBA district office](https://www.sba.gov/district/los-angeles)
- [SBA Fresno District Office (San Joaquin Valley and Central Coast): SBA district office](https://www.sba.gov/district/fresno)
- [SBA Orange County / Inland Empire District Office (Santa Ana and Palm Desert): SBA district office](https://www.sba.gov/district/orange-county-inland-empire)
- [SBA Sacramento District Office (northeastern California): SBA district office](https://www.sba.gov/district/sacramento)
- [SBA San Diego District Office (San Diego and Imperial counties): SBA district office](https://www.sba.gov/district/san-diego)
- [SBA San Francisco District Office (northern California): SBA district office](https://www.sba.gov/district/san-francisco)
- [California SBDC: Small Business Development Center](https://www.californiasbdc.org/)
- [SCORE mentors in California: Business mentoring](https://www.score.org/ca/)

Alongside SBA loans, California runs three loan programs. The [California page](https://www.sbaexpress.loans/california-small-business-loans/#loan-programs-in-california) describes each, and the official pages are linked here.

- [Small Business Loan Guarantee Program (IBank)](https://ibank.ca.gov/small-business/loan-guarantees/)
- [CalCAP for Small Business](https://www.treasurer.ca.gov/cpcfa/calcap/sb)
- [CalCAP Collateral Support](https://www.treasurer.ca.gov/cpcfa/calcap/collateral)

## Loan counts and sizes in Los Angeles

Los Angeles ranks 1st by loans since FY2024 among the 92 California cities with 100 or more SBA loans since FY2020. Nationally it is the 2nd busiest of the 580 cities that reach 100 loans.

The 1,453 loans, 7.4% of the 19,508 in California, were approved for $778.1 million in all. The median loan was $200,000, 33% above the national median of $150,300. Half of the loans fell between $90,000 and $500,000. The California median is $200,000.

**Los Angeles, CA compared with California and the nation, loans from FY2024 to June 2026**

| Measure | Los Angeles | California | U.S. |
| --- | --- | --- | --- |
| Loans | 1,453 | 19,508 | 162,355 |
| Median loan | $200,000 | $200,000 | $150,300 |
| 25th percentile | $90,000 | $65,000 | $50,000 |
| 75th percentile | $500,000 | $500,000 | $500,000 |
| Via SBA Express | 27.1% | 29.0% | 35.8% |
| Lines of credit | 14.7% | 18.8% | 28.1% |
| Startups | 6.2% | 8.9% | 16.1% |
| Ownership changes | 7.6% | 8.6% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 2.75 | 2.75 | 2.75 |
| Charged off | 4.0% | 3.5% | 3.6% |

A quarter of loans were smaller than the 25th percentile loan and a quarter were larger than the 75th. Median spread is in percentage points over Prime. Charged off is the share of FY2020 to FY2022 loans a lender wrote off as a loss. It is shown only for groups of 30 loans or more. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish. U.S. covers every loan in the file.

77% of the loans were $500,000 or less, the size SBA Express covers. 27.1% of all loans went through SBA Express, below the national 35.8%. Lines of credit were 14.7% of loans, below the national 28.1%.

SBA loans in Los Angeles, CA by size, FY2024 to June 2026

- $50,000 or less (20%): 289
- $50,001 to $150,000 (27%): 389
- $150,001 to $350,000 (21%): 304
- $350,001 to $500,000 (9%): 132
- $500,001 to $1,000,000 (10%): 142
- $1,000,001 to $2,000,000 (8%): 109
- Over $2,000,000 (6%): 88

Labels show each size's share of all loans. The highlighted bar is the size band that contains the median.

By business age, 73.3% of loans went to businesses more than two years old and 12.7% to businesses two years old or younger. Startups received 6.2% and changes of ownership 7.6%. The national startup share is 16.1%.

SBA loans in Los Angeles, CA by fiscal year

- FY2020: 288
- FY2021: 327
- FY2022: 275
- FY2023: 422
- FY2024: 567
- FY2025: 568
- FY2026 (through June 30): 318

Fiscal years run October to September. The last bar covers nine of its twelve months.

Volume held steady from FY2024 (567 loans) to FY2025 (568), the two latest full years. The busiest full year in the file was FY2025, with 568 loans. FY2026 already shows 318 loans through June 30.

Of the 890 loans Los Angeles borrowers received in FY2020 to FY2022, 4.0% were charged off by June 30, 2026, against 3.6% nationally. Lenders reported 12,142 jobs supported across the 1,453 loans since FY2024, about 8.4 per loan. SBA does not audit these estimates.

## What businesses in Los Angeles borrow for

Full-Service Restaurants was the largest borrower group in Los Angeles, with 97 loans or 6.7% of the total.

The five largest industries made up 20% of all Los Angeles loans. Clothing and Clothing Accessories Merchant Wholesalers stands out: its 79 loans are 5.4% of Los Angeles loans, against 0.2% nationally, 28 times its national share.

**Industries with the most SBA loans in Los Angeles, CA, FY2024 to June 2026**

| Industry | Loans | Share | U.S. share |
| --- | --- | --- | --- |
| [Full-Service Restaurants](https://www.sbaexpress.loans/industries/full-service-restaurants/california/) | 97 | 6.7% | 4.6% |
| [Clothing and Clothing Accessories Merchant Wholesalers](https://www.sbaexpress.loans/industries/clothing-clothing-accessories-merchant-wholesalers/california/) | 79 | 5.4% | 0.2% |
| [Limited-Service Restaurants](https://www.sbaexpress.loans/industries/limited-service-restaurants/california/) | 46 | 3.2% | 3.3% |
| [Beer, Wine, and Liquor Retailers](https://www.sbaexpress.loans/industries/beer-wine-liquor-retailers/california/) | 41 | 2.8% | 0.9% |
| [Motion Picture and Video Production](https://www.sbaexpress.loans/industries/motion-picture-video-production/) | 28 | 1.9% | 0.2% |

Share is the percent of all Los Angeles loans in that period. Industry is the NAICS code on each loan. A name links to the California page for that industry where one exists.

## A typical loan payment in Los Angeles

The median Los Angeles loan was $200,000 with a median term of 10 years.

The median variable-rate loan in Los Angeles was priced at Prime plus 2.75 percentage points at approval. At today's Prime that spread works out to 9.75%. On $200,000 over 10 years, principal and interest would come to about $2,615 a month. That is arithmetic on past loans, not a rate a lender is offering.

**Payment at today's rate on three Los Angeles loan sizes over 10 years**

| Loan | Amount | Monthly payment |
| --- | --- | --- |
| 25th percentile loan | $90,000 | $1,177 |
| Median loan | $200,000 | $2,615 |
| 75th percentile loan | $500,000 | $6,539 |

Principal and interest only. Fees, a different term or a fixed rate change the payment. This is an illustration from SBA's file, not an offer.

SBA's rate ceiling for this loan size

SBA's maximum for a loan of $200,000 is Prime plus 6.0 percentage points, or 13.00% today. The median variable-rate loan here was priced 3.2 points under that ceiling. Source: 13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).

Los Angeles loans approved since FY2024 had a median starting rate of 10.5% at approval, against 10.25% nationally. Prime changed during those years, so use the spread above, not that rate, as the guide to today's cost.

Run your own numbers: [payments on a $200,000 loan](https://www.sbaexpress.loans/loan-amounts/200000-business-loan/) and [SBA Express payment calculator](https://www.sbaexpress.loans/sba-express-payment-calculator/).

## SBA 504 loans near Los Angeles

Los Angeles has 281 SBA 504 loans since FY2024, with $391.5 million in SBA and CDC dollars.

The median 504 loan in Los Angeles was $1,042,000 in SBA and CDC dollars, 21% of the $5,000,000 program maximum. The bank's share of each project is separate and is not counted in these figures.

Business Finance Capital is the Certified Development Company (CDC) named on the most loans since FY2024, with 114. California Statewide Certified Development Corporation follows with 65. The five CDCs listed are named on 263 loans between them.

**CDCs named on five or more 504 loans in Los Angeles, FY2024 to June 2026**

| Certified Development Company | 504 loans |
| --- | --- |
| Business Finance Capital | 114 |
| California Statewide Certified Development Corporation | 65 |
| Mortgage Capital Development Corporation | 63 |
| Advantage Certified Development Corporation | 13 |
| Southland Economic Development Corporation | 8 |

How a 504 loan is split

A standard 504 project is 50% third party lender, 40% CDC debenture, 10% borrower. 504 money pays for major fixed assets such as land, buildings and long-term machinery and equipment, not working capital or inventory. Source: SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221). SBA keeps a [list of Certified Development Companies](https://www.sba.gov/loans/504-loans/list-of-certified-development-companies/).

## California cities near Los Angeles

Los Angeles made up 7.4% of California's SBA loans since FY2024.

Los Angeles is one of 92 California cities with 100 or more SBA loans since FY2020. The [California page](https://www.sbaexpress.loans/california-small-business-loans/) covers all 19,508 loans in California. The closest come first, ranked by county and ZIP code on their loans.

- [Beverly Hills: 70 loans, median $251,500](https://www.sbaexpress.loans/california-small-business-loans/beverly-hills/)
- [Downey: 52 loans, median $150,000](https://www.sbaexpress.loans/california-small-business-loans/downey/)
- [Gardena: 81 loans, median $337,000](https://www.sbaexpress.loans/california-small-business-loans/gardena/)
- [Inglewood: 47 loans, median $150,000](https://www.sbaexpress.loans/california-small-business-loans/inglewood/)
- [Santa Monica: 114 loans, median $160,000](https://www.sbaexpress.loans/california-small-business-loans/santa-monica/)
- [Torrance: 122 loans, median $250,000](https://www.sbaexpress.loans/california-small-business-loans/torrance/)
- [Whittier: 64 loans, median $208,000](https://www.sbaexpress.loans/california-small-business-loans/whittier/)
- [Santa Fe Springs: 61 loans, median $353,000](https://www.sbaexpress.loans/california-small-business-loans/santa-fe-springs/)

## Common questions about SBA loans in Los Angeles

### Which lenders make the most SBA loans in Los Angeles?

Bank of Hope leads with 139 loans in Los Angeles since FY2024. Lendistry SBLC, LLC (114) and U.S. Bank (92) follow. Only lenders with five or more Los Angeles loans are counted.

### Which industries get SBA loans in Los Angeles?

Full-Service Restaurants leads with 97 loans in Los Angeles since FY2024. Clothing and Clothing Accessories Merchant Wholesalers (79) and Limited-Service Restaurants (46) follow.

How to read this

Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Location is the borrower's address in the file, and city names are as SBA recorded them. Recent means FY2024 through June 30, 2026. Charge-off rates use FY2020 to FY2022 loans, the only years old enough to have had time to go bad. Jobs supported are lender-reported estimates. [How we build these pages](https://www.sbaexpress.loans/method/).

## Sources

- [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)
- [SBA, 504 loans](https://www.sba.gov/loans/504-loans/)
- [SBA, resource partners: SBDCs and SCORE](https://www.sba.gov/counseling/local-assistance/resource-partners/)
- [SBA Fresno District Office (San Joaquin Valley and Central Coast)](https://www.sba.gov/district/fresno)
- [SBA Los Angeles District Office (Los Angeles, Santa Barbara and Ventura counties)](https://www.sba.gov/district/los-angeles)
- [SBA Orange County / Inland Empire District Office (Santa Ana and Palm Desert)](https://www.sba.gov/district/orange-county-inland-empire)
- [SBA Sacramento District Office (northeastern California)](https://www.sba.gov/district/sacramento)
- [SBA San Diego District Office (San Diego and Imperial counties)](https://www.sba.gov/district/san-diego)
- [SBA San Francisco District Office (northern California)](https://www.sba.gov/district/san-francisco)
- [California SBDC](https://www.californiasbdc.org/)
- [SCORE, California](https://www.score.org/ca/)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)](https://www.sba.gov/loans/504-loans/)
- [SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)](https://www.ecfr.gov/current/title-13/section-120.214)