The U.S. Small Business Administration (SBA) San Diego District Office serves San Diego and Imperial County, which have a combined population base of nearly 3.2 million residents. This service area is a major U.S tourism area and is one of California’s major ports, creating a demand for a variety of small businesses. There is a diverse economic base with international trade, manufacturing, military, technology, life sciences and bioscience.

 

Finding the best and cheapest business loans has always been a hassle, so we make it easier by comparing all the best SBA lenders in San Diego for you. After reading our analysis, please click apply now and we will able to match you with the best SBA loan providers in San Diego.

 

GoSBA Loans is proud to announce the 2020, top 50 SBA banks providing SBA loans in San Diego. As one of the top 10 cities for small business entrepreneurs, San Diego SBA loan providers financed 657 businesses valued at $312.2 million for the FY of 2019.

 

One of the biggest challenges that small businesses face is access to affordable financing. Top lenders signing SBA-backed loans in San Diego include some of the larger banks like JPMorgan Chase and Wells Fargo, as well as some smaller players, including Compass Bank and Banner Bank. Unfortunately, these banks have some of the strictest underwriting criteria. Most small businesses are better off speaking with smaller and more aggressive SBA lenders in San Diego. Applicants that apply for an SBA loan with GoSBA loans benefit from automatic circulation of their loan application to 33 of the 100 top San Diego SBA lenders. Here is our GoSBA’s official ranking for the 50 Best San Diego SBA Lenders In 2020.

 

RANK	BANK	LOANS FUNDED	VOLUME FUNDED ($)
1	Wells Fargo Bank	80	$26,355,600
2	Live Oak Banking Company	14	$23,914,000
3	U.S. Bank	99	$22,669,200
4	First Choice Bank	19	$21,563,000
5	Seacoast Commerce Bank	14	$16,521,700
6	MUFG Union Bank	8	$15,091,500
7	Neighborhood National	14	$13,329,000
8	JPMorgan Chase Bank	45	$11,932,400
9	Bank of the West	13	$10,058,900
10	CDC Small Business Finance	47	$7,839,400
11	Banner Bank	23	$7,662,500
12	Stearns Bank	13	$7,542,000
13	First Home Bank	28	$6,824,000
14	Atlantic Capital Bank	4	$6,605,500
15	Zions Bank, A Division of	22	$5,811,100
16	Centerstone SBA Lending	4	$5,130,000
17	BankUnited	6	$5,053,000
18	Crestmark Bank	1	$5,000,000
19	Bank of America	9	$4,480,600
20	Harvest Small Business Finance, LLC	5	$4,171,400
21	Celtic Bank Corporation	15	$4,130,500
22	Bank of George	1	$3,710,000
23	United Business Bank	1	$3,495,000
24	First Savings Bank	3	$3,442,400
25	T Bank, National Association	1	$3,417,000
26	Midwest Regional Bank	1	$3,181,000
27	Pacific Premier Bank	7	$3,152,400
28	MidFirst Bank	1	$3,147,300
29	Community Valley Bank	12	$3,042,400
30	California International Bank, A National Banking Associatio	1	$3,000,000
31	Umpqua Bank	8	$2,890,000
32	Pinnacle Bank	1	$2,879,000
33	First-Citizens Bank & Trust Company	2	$2,770,000
34	Five Star Bank	11	$2,480,000
35	Bank of Southern California, National Association	5	$2,220,300
36	First Bank	3	$2,107,700
37	Spirit of Texas Bank, SSB	7	$2,053,000
38	Comerica Bank	18	$1,880,000
39	Newtek Small Business Finance, Inc.	5	$1,717,500
40	CalPrivate Bank	4	$1,588,800
41	Pacific Western Bank	1	$1,584,000
42	Main Street Launch	8	$1,515,000
43	Kinecta FCU	1	$1,500,000
44	Sunwest Bank	1	$1,500,000
45	Independence Bank	10	$1,350,000
46	Shinhan Bank America	6	$1,250,000
47	Byline Bank	2	$1,225,000
48	Wallis Bank	1	$1,156,830
49	City National Bank	2	$1,116,000
50	United Community Bank	1	$1,090,000

Sounds great? Click on apply now and we’ll match you with the best SBA loan providers in San Diego.