Best SBA Lenders in Modesto, CA (2026)
2025 FOIA data: top lenders, rates & industries for Modesto SBA loans
SBA Loans in Modesto, California
Looking for an SBA loan in Modesto, California? Based on 2025 FOIA data, 42 SBA 7(a) loans were funded in Modesto totaling $25.2M, supporting an estimated 452 jobs. With 23 active lenders competing for business in the Modesto market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Modesto is $601K at an average rate of 10.22%. The top lender in Modesto is Wells Fargo Bank National Association, with the most-funded industry being Caterers. See all California SBA lenders for statewide rankings.
SBA Loans in Modesto by Business Type
Whether you’re starting a new business in Modesto, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 15% of SBA loans in Modesto (7 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 34% (6 loans) — if you’re looking to buy a business in Modesto, this is a proven use case for SBA financing. Existing businesses make up 44% and typically receive the most favorable terms.
Top SBA Lenders in Modesto, CA (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Modesto businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | $5.0M | 3 | 9.88% |
| 2 | Community Bank & Trust-West Georgia | $4.1M | 1 | 10.75% |
| 3 | Celtic Bank Corporation | $3.6M | 8 | 10.47% |
| 4 | PNC Bank, National Association | $2.1M | 2 | 6.75% |
| 5 | The Huntington National Bank | $2.0M | 2 | 8.5% |
| 6 | Open Bank | $2.0M | 1 | 9.25% |
| 7 | Harvest Small Business Finance, LLC | $1.4M | 2 | 10.5% |
| 8 | United Midwest Savings Bank National Association | $878K | 1 | 10.5% |
| 9 | Live Oak Banking Company | $525K | 1 | 9.99% |
| 10 | Royal Business Bank | $520K | 1 | 9.75% |
The top lenders in Modesto have direct experience with local businesses and understand the Modesto market — commercial real estate values, local industry dynamics, and regional economic conditions. Pay attention to the “Avg Rate” column, as rates vary significantly between lenders. A 0.5-1.0% rate difference on a $500K loan translates to $15,000-$30,000 in savings over the life of the loan.
Don’t limit your search to banks listed above — many national SBA lenders also fund loans in Modesto and may offer better rates. An SBA loan broker like GoSBA gives you access to both local and national lenders with one application.
Get Matched with the Best SBA Lender in Modesto
One 5-minute application. 23+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Modesto
These are the industries that received the most SBA 7(a) funding in Modesto in 2025. If your business is in one of these sectors, lenders are already familiar with your business model and may offer faster approvals:
| Industry | Loans | Volume |
|---|---|---|
| Caterers | 1 | $4.1M |
| Limited-Service Restaurants | 4 | $2.8M |
| Offices of Physicians (except Mental Health Specialists) | 2 | $2.0M |
| Plumbing, Heating, and Air-Conditioning Contractors | 3 | $1.9M |
| General Automotive Repair | 4 | $1.0M |
| Specialized Freight (except Used Goods) Trucking, Long-Distance | 1 | $698K |
| Used Car Dealers | 2 | $452K |
| Landscaping Services | 1 | $418K |
| All Other Specialty Trade Contractors | 1 | $400K |
| Snack and Nonalcoholic Beverage Bars | 1 | $388K |
Lenders with experience funding your specific industry in Modesto understand the local competitive landscape, typical revenue ranges, and seasonal patterns. This familiarity often translates to faster underwriting and more competitive terms. If your industry doesn’t appear above, SBA loans are available for nearly every legal business type — an SBA broker can match you with lenders who specialize in your sector.
How to Get an SBA Loan in Modesto
Option 1: Apply directly to one of the top Modesto lenders listed above. You’ll receive a single quote from one bank.
Option 2: Use an SBA loan broker (recommended). GoSBA Loans submits your application to multiple Modesto-active lenders and national SBA lenders simultaneously. More offers means better rates, faster approvals, and zero cost to you — lenders pay the broker fee.
Frequently Asked Questions
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Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
