SBA lending by metro area
SBA lenders in San Luis Obispo, CA
Which lenders fund San Luis Obispo-area businesses, how much, and how the market compares with California: SBA 7(a) and 504 loans, FY2010–2026.
By Mario Bailey · SBA FOIA data as of 2026-03-31
Top SBA lenders in the San Luis Obispo area
Ranked by SBA volume funded to businesses located in the San Luis Obispo metropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | Bank of the Sierra | 274 | $65.9M | $241K | 1.46% |
| 2 | Cen Cal Business Finance Group | 89 | $59.9M | $673K | not reported |
| 3 | Columbia Bank | 150 | $56.3M | $375K | 4.67% |
| 4 | UMB Bank, National Association | 187 | $46.4M | $248K | 1.07% |
| 5 | Live Oak Banking Company | 35 | $45.7M | $1.3M | 0.00% |
| 6 | Wells Fargo Bank National Association | 78 | $27.2M | $348K | 2.56% |
| 7 | West Coast Community Bank | 29 | $24.0M | $827K | 0.00% |
| 8 | Mortgage Capital Development Corporation | 12 | $21.4M | $1.8M | not reported |
| 9 | Banc of California | 24 | $18.0M | $749K | 4.17% |
| 10 | Community West Bank | 10 | $17.3M | $1.7M | not reported |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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How San Luis Obispo compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| San Luis Obispo area | $224K ▼ 25.5% | 11.4% ▼ 5.2 pts |
| California | $300K | 16.6% |
| United States | $179K | 11.2% |
What gets funded in San Luis Obispo
| Industry | Loans | Total funded |
|---|---|---|
| Accommodation and Food Services | 245 | $201.5M |
| Retail Trade | 206 | $105.6M |
| Health Care and Social Assistance | 149 | $74.8M |
| Professional and Technical Services | 169 | $68.9M |
| Construction | 216 | $63.2M |
| Manufacturing | 119 | $62.2M |
| Real Estate | 105 | $48.1M |
| Other Services | 96 | $33.0M |
SBA lending in San Luis Obispo by year
Geography, precisely
"San Luis Obispo area" here means the San Luis Obispo-Paso Robles, CA metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: San Luis Obispo County, CA. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.