{"citation":"SBA loans to insurance agencies and brokerages in California. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/industries/insurance-agencies-brokerages/california/ Source: SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026 (https://data.sba.gov/dataset/7a-504-foia).","url":"https://www.sbaexpress.loans/industries/insurance-agencies-brokerages/california/","title":"SBA loans to insurance agencies and brokerages in California","data_as_of":"2026-06-30","checked":null,"sources":[{"label":"SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026","url":"https://data.sba.gov/dataset/7a-504-foia"}],"data":{"window":{"id":"all","from":"2019-10-01","to":"2026-06-30"},"state":{"code":"CA","name":"California"},"industry":{"naics":"524210","name":"Insurance Agencies and Brokerages","url":"/industries/insurance-agencies-brokerages/"},"loans":397,"dollars_approved":234100700,"measures":{"share_of_all_loans_pct":{"state":1.021,"national":1.218,"reading":"No clear gap"},"median_loan":{"state":323000,"national":230000,"reading":"Clearly higher"},"middle_half_of_loans":{"state":{"p25":140000,"p75":679500},"national":{"p25":93000,"p75":553300}},"startup_pct":{"state":1.8,"national":6.3,"reading":"Clearly lower"},"new_pct":{"state":7.3,"national":13.2,"reading":"No clear gap"},"existing_pct":{"state":77.3,"national":63.5,"reading":"Clearly higher"},"ownership_pct":{"state":12.8,"national":16.1,"reading":"No clear gap"},"express_pct":{"state":14.1,"national":27.8,"reading":"Clearly lower"},"loc_pct":{"state":9.3,"national":19.1,"reading":"Clearly lower"},"median_term_months":{"state":120,"national":120},"median_spread_over_prime_points":{"state":2.75,"national":2.75}},"clear_gaps":["express","existing","loc","size"],"top_lenders":{"U.S. Bank":45,"Live Oak Banking Company":32,"BayFirst National Bank":25,"Readycap Lending, LLC":22,"United Midwest Savings Bank":20},"note":"Null means fewer than 5 loans. Loans SBA approved only: the file has no denials. Spread over Prime is the rate at approval minus Prime that day, not today's rate."}}