{"citation":"SBA loans to physician practices in California. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/industries/offices-of-physicians/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/offices-of-physicians/california/","title":"SBA loans to physician practices 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":"621111","name":"Offices of Physicians (except Mental Health Specialists)","url":"/industries/offices-of-physicians/"},"loans":515,"dollars_approved":437263300,"measures":{"share_of_all_loans_pct":{"state":1.325,"national":1.089,"reading":"No clear gap"},"median_loan":{"state":460000,"national":300000,"reading":"Clearly higher"},"middle_half_of_loans":{"state":{"p25":181300,"p75":1140250},"national":{"p25":100000,"p75":723300}},"startup_pct":{"state":15.5,"national":25.7,"reading":"Clearly lower"},"new_pct":{"state":13.6,"national":17.7,"reading":"No clear gap"},"existing_pct":{"state":65.4,"national":52.3,"reading":"Clearly higher"},"ownership_pct":{"state":3.3,"national":3.0,"reading":"No clear gap"},"express_pct":{"state":18.6,"national":32.8,"reading":"Clearly lower"},"loc_pct":{"state":12.0,"national":21.5,"reading":"Clearly lower"},"median_term_months":{"state":120,"national":120},"median_spread_over_prime_points":{"state":2.5,"national":2.5}},"clear_gaps":["express","existing","loc","size"],"top_lenders":{"U.S. Bank":59,"Wells Fargo Bank":48,"JPMorgan Chase Bank":35,"The Huntington National Bank":24,"Bank of America":23},"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."}}