{"citation":"SBA loans to residential property management companies in California. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/industries/residential-property-managers/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/residential-property-managers/california/","title":"SBA loans to residential property management companies 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":"531311","name":"Residential Property Managers","url":"/industries/residential-property-managers/"},"loans":138,"dollars_approved":66908400,"measures":{"share_of_all_loans_pct":{"state":0.355,"national":0.325,"reading":"No clear gap"},"median_loan":{"state":188000,"national":150000,"reading":"No clear gap"},"middle_half_of_loans":{"state":{"p25":102700,"p75":506825},"national":{"p25":73725,"p75":350000}},"startup_pct":{"state":11.6,"national":20.5,"reading":"No clear gap"},"new_pct":{"state":14.5,"national":14.7,"reading":"No clear gap"},"existing_pct":{"state":61.6,"national":53.9,"reading":"No clear gap"},"ownership_pct":{"state":12.3,"national":10.3,"reading":"No clear gap"},"express_pct":{"state":17.4,"national":34.3,"reading":"Clearly lower"},"loc_pct":{"state":10.1,"national":25.0,"reading":"Clearly lower"},"median_term_months":{"state":120,"national":120},"median_spread_over_prime_points":{"state":2.75,"national":2.75}},"clear_gaps":["express","loc"],"top_lenders":{"U.S. Bank":19,"United Midwest Savings Bank":11,"BayFirst National Bank":9,"Lendistry SBLC, LLC":9,"Newtek Bank":6},"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."}}