SBA Lenders: ranked by value of loans awarded in L.A. District.EXECUTIVE SUMMARY U.S. Bank tops the list of SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government Lenders in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. District with $70.6 million in loans through the third quarter, followed by the L.A. office of Davis-based California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). Statewide Certified See certification. Development Co., with $47.4 million. Citizens Business Bank makes its first appearance on the list, at No. 16, with its acquisition of Western Security Bank in July July: see month. 2002. Comerica Comerica Incorporated NYSE: CMA is a financial services company headquartered in Dallas, Texas. The bank was founded in Detroit in 1849 as the Detroit Savings Fund Institute, by Elon Farnsworth. Bank climbed 15 spots to No. 3 with its acquisition of last year's No. 3, Imperial Bank. The top 25 SBA lenders have made $507 million in loans through the first three-quarters Noun 1. three-quarters - three of four equal parts; "three-fourths of a pound" three-fourths common fraction, simple fraction - the quotient of two integers three-quarters npl → of 2002, compared with $531 million for all of 2001. Among the 25 largest SBA lenders, the average loan size was $466,760. Included on the list are lenders making loans under the 7(a) program (the most common type of SBA loan), and the 504 program, which involves loans made in conjunction conjunction, in astronomy conjunction, in astronomy, alignment of two celestial bodies as seen from the earth. Conjunction of the moon and the planets is often determined by reference to the sun. with non-profit certified development companies. The Los Angeles District of the Small Business Administration includes Los Angeles, Santa Barbara Santa Barbara (săn'tə bär`brə, –bərə), city (1990 pop. 85,571), seat of Santa Barbara co., S Calif., on the Pacific Ocean; inc. 1850. and Ventura Ventura (vĕnt  `rə), city (1990 pop. 92,575), seat of Ventura co., SW Calif., on the Pacific coast in a farm and oil region; inc. 1866. counties.Nicole Taylor Taylor, city (1990 pop. 70,811), Wayne co., SE Mich., a suburb of Detroit adjacent to Dearborn; founded 1847 as a township, inc. as a city 1968. A small rural village until World War II, it developed significantly in the second half of the 20th cent. THE PACESETTER U.S. BANK WITH $70.6 million in Small Business Administration loans written through the third quarter of 2002, ended June June: see month. 30, San Diego-based U.S. Bank has already exceeded its total 2001 loan volume of more than $65.1 million. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. unofficial un·of·fi·cial adj. Of or being a drug that is not listed in the United States Pharmacopeia or the National Formulary. SBA estimates, U.S. Bank is set to hit $106 million in loans this year, exceeding last year's figures by more than 60 percent. Robert Robert, Henry Martyn 1837-1923. American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876). Noun 1. R. Flores Flores, town, Guatemala Flores (flōrəs), town (1990 est. pop. 2,200), capital of Petén department, N Guatemala. Flores was built on an island in the southern part of Lake Petén Itzá and on the site of the , the bank's senior vice president of SBA lending, attributed the gains to a combination of factors, including the dismal dis·mal adj. 1. Causing gloom or depression; dreary: dismal weather; took a dismal view of the economy. 2. economic climate. Volatility Volatility 1. A statistical measure of the tendency of a market or security to rise or fall sharply within a period of time. 2. A variable in option pricing formulas that denotes the extent to which the return of the underlying asset will fluctuate between now and the in the stock market and other investment options has moved investment into Southern California's relatively stable real estate market, he said. That shift has helped the SBA division, which does the bulk of its 7(a) program loans in commercial and industrial real estate. Flores also said U.S. Bank had been trying to expand its non-real estate loans volume. "The 7(a) loan program allows for use for working capital, inventory, equipment, etc. and U.S. Bank is becoming more involved in those other loan sections," he said. Nicole Taylor [GRAPH graph, figure that shows relationships between quantities. The graph of a function y=f (x) is the set of points with coordinates [x, f (x)] in the xy-plane, when x and y are numbers. OMITTED]
Rank Lender (Rank in 2001) (1) Loans Awarded (2)
* Name (millions)
* address * 2002
* 2001
1 U.S. Bank (1) $70.6
500 N. Brand Blvd., $65.1
Suite 1960
Glendale 91203
2 California Statewide 47.4
C.D.C. (2) 62.9
100 N. Brand Blvd.,
Suite 504
Glendale 91203
3 Comerica Bank - 39
California (18) (4) 11
301 E. Ocean Blvd.,
Suite 1800
Long Beach 90802
4 Wilshire State Bank (4) 29.9
3200 Wilshire Blvd., 33.5
Seventh Floor
Los Angeles 90010
5 Wells Fargo Bank (12) 25.9
333 S. Grand Ave. 18.9
Los Angeles 90071
6 California Center Bank (9) 24.7
4301 W. Third St. 49
Los Angeles 90020
7 CIT Small Business 23.4
Lending Corp. (6) 22.8
2219 Thousand Oaks Blvd.,
PMB 487
Thousand Oaks 91362
8 Hanmi Bank (5) 22.7
3660 Wilshire Blvd., 26.3
Penthouse A
Los Angeles 90010
9 California Bank & Trust (8) 22.6
2399 Gateway Oaks Drive, 20.3
Suite 110
Sacramento 95833
10 Nara Bank (11) 20.4
3701 Wilshire Blvd., 19.9
Suite 302
Los Angeles 90010
11 Banco Popular, North 19.6
America (15) 17.1
11101 La Reina Ave.,
Second Floor Downey 90241
12 Temecula Valley Bank (14) 18.3
27710 Jefferson Ave. 17.2
Temecula 92590
13 Bank of America (10) 18.1
10850 White Rock Road, 20.1
Suite 101
Rancho Cordova 95670
14 United Commercial Bank (13) 17.8
199 S. Los Robles Ave., 17.9
Suite 580
Pasadena 91101
15 First Union Small 12.5
Business Capital (22) 9.8
1620 E. Roseville Parkway,
Suite 100
Roseville 95661
16 Citizens Business Bank (5) $11.5
701 N. Haven Ave. $0.2
Ontario 91764
17 Saehan Bank (23) 10.9
3580 Wilshire Blvd., 9.7
Suite 1500
Los Angeles 90010
18 Alliance Bank (19) 10.1
100 Corporate Pointe 10.8
Culver City 90230
19 Community Bank 9.7
1041 W. Badillo St., 6.9
Suite 115
Covina 91722
20 General Bank 9.5
4128 Temple City Blvd. 5.9
Rosemead 91770
21 First International 9.2
Capital (7) (6) 20.5
350 S. Grand Ave.,
Suite 2250
Los Angeles 90045
22 California Federal Bank (25) 8.7
320 N. Harbor Blvd., Suite A 9.6
Fullerton 92832
23 Community National Bank 8.7
920 Hampshire Road, 8.4
Suite A-11
Westlake Village 91361
24 Montecito Bank & Trust (17) 8.1
5700 Ralston St., Suite 312 13.1
Ventura 93003
25 G.E. Small Business 7.7
Finance (21) 9.9
2400 E. Katella,
Suite 200
Anaheim 92806
Rank Lender (Rank in 2001) (1) Number of Loans (2)
* Name * 2002
* address * 2001
1 U.S. Bank (1) 121
500 N. Brand Blvd., 129
Suite 1960
Glendale 91203
2 California Statewide 97
C.D.C. (2) 126
100 N. Brand Blvd.,
Suite 504
Glendale 91203
3 Comerica Bank - 75
California (18) (4) 30
301 E. Ocean Blvd.,
Suite 1800
Long Beach 90802
4 Wilshire State Bank (4) 65
3200 Wilshire Blvd., 91
Seventh Floor
Los Angeles 90010
5 Wells Fargo Bank (12) 131
333 S. Grand Ave. 110
Los Angeles 90071
6 California Center Bank (9) 53
4301 W. Third St.
Los Angeles 90020
7 CIT Small Business 36
Lending Corp. (6) 44
2219 Thousand Oaks Blvd.,
PMB 487
Thousand Oaks 91362
8 Hanmi Bank (5) 53
3660 Wilshire Blvd., 69
Penthouse A
Los Angeles 90010
9 California Bank & Trust (8) 132
2399 Gateway Oaks Drive, 103
Suite 110
Sacramento 95833
10 Nara Bank (11) 42
3701 Wilshire Blvd., 57
Suite 302
Los Angeles 90010
11 Banco Popular, North 44
America (15) 40
11101 La Reina Ave.,
Second Floor Downey 90241
12 Temecula Valley Bank (14) 23
27710 Jefferson Ave. 18
Temecula 92590
13 Bank of America (10) 395
10850 White Rock Road, 282
Suite 101
Rancho Cordova 95670
14 United Commercial Bank (13) 29
199 S. Los Robles Ave., 48
Suite 580
Pasadena 91101
15 First Union Small 15
Business Capital (22) 15
1620 E. Roseville Parkway,
Suite 100
Roseville 95661
16 Citizens Business Bank (5) 32
701 N. Haven Ave. 1
Ontario 91764
17 Saehan Bank (23) 31
3580 Wilshire Blvd., 35
Suite 1500
Los Angeles 90010
18 Alliance Bank (19) 20
100 Corporate Pointe 27
Culver City 90230
19 Community Bank 26
1041 W. Badillo St., 32
Suite 115
Covina 91722
20 General Bank 30
4128 Temple City Blvd. 22
Rosemead 91770
21 First International 11
Capital (7) (6) 25
350 S. Grand Ave.,
Suite 2250
Los Angeles 90045
22 California Federal Bank (25) 36
320 N. Harbor Blvd., Suite A 54
Fullerton 92832
23 Community National Bank 13
920 Hampshire Road, 17
Suite A-11
Westlake Village 91361
24 Montecito Bank & Trust (17) 26
5700 Ralston St., Suite 312 38
Ventura 93003
25 G.E. Small Business 16
Finance (21) 21
2400 E. Katella,
Suite 200
Anaheim 92806
Rank Lender (Rank in 2001) (1) Minority Loans (3) Loan Size
* Name * ethnic minorities * average
* address (loan amt. in * minimum
millions/no. of loans)
* women
(loan amt. in
millions/no. of loans)
1 U.S. Bank (1) WND/WND $583,471
500 N. Brand Blvd., WND/WND $25,000
Suite 1960
Glendale 91203
2 California Statewide $14.2/33 488,660
C.D.C. (2) $2.2/4 87,000
100 N. Brand Blvd.,
Suite 504
Glendale 91203
3 Comerica Bank - NA/NA 520,000
California (18) (4) NA/NA 100,000
301 E. Ocean Blvd.,
Suite 1800
Long Beach 90802
4 Wilshire State Bank (4) 21.7/47 460,000
3200 Wilshire Blvd., 2.817 NA
Seventh Floor
Los Angeles 90010
5 Wells Fargo Bank (12) 2.8/18 197,710
333 S. Grand Ave. 0.4/4 NA
Los Angeles 90071
6 California Center Bank (9) 0.1/2 504,082
4301 W. Third St. 3.6/10 25,000
Los Angeles 90020
7 CIT Small Business NA/NA 650,000
Lending Corp. (6) NA/NA 25,000
2219 Thousand Oaks Blvd.,
PMB 487
Thousand Oaks 91362
8 Hanmi Bank (5) NA/NA 428,302
3660 Wilshire Blvd., NA/NA NA
Penthouse A
Los Angeles 90010
9 California Bank & Trust (8) NA/NA 171,212
2399 Gateway Oaks Drive, NA/NA 10,000
Suite 110
Sacramento 95833
10 Nara Bank (11) NA/NA 485,714
3701 Wilshire Blvd., NA/NA 25,000
Suite 302
Los Angeles 90010
11 Banco Popular, North 14.2/32 445,455
America (15) 3/9 25,000
11101 La Reina Ave.,
Second Floor Downey 90241
12 Temecula Valley Bank (14) 21/27 795,652
27710 Jefferson Ave. 5.3/7 100,000
Temecula 92590
13 Bank of America (10) 21/273 45,823
10850 White Rock Road, 9.8/153 5,000
Suite 101
Rancho Cordova 95670
14 United Commercial Bank (13) 23/44 613,793
199 S. Los Robles Ave., 3.3/7 60,000
Suite 580
Pasadena 91101
15 First Union Small NA/NA 833,333
Business Capital (22) NA/NA 250,000
1620 E. Roseville Parkway,
Suite 100
Roseville 95661
16 Citizens Business Bank (5) $4.9/11 359,375
701 N. Haven Ave. $29/7 40,000
Ontario 91764
17 Saehan Bank (23) 16.7/47 351,613
3580 Wilshire Blvd., 1.1/5 85,000
Suite 1500
Los Angeles 90010
18 Alliance Bank (19) 12.6/25 505,000
100 Corporate Pointe 5.7/9 50,000
Culver City 90230
19 Community Bank NA/NA 373,077
1041 W. Badillo St., NA/NA 50,000
Suite 115
Covina 91722
20 General Bank 8.8/33 316,667
4128 Temple City Blvd. 5.5/17 40,000
Rosemead 91770
21 First International NA/NA 836,364
Capital (7) (6) NA/NA NA
350 S. Grand Ave.,
Suite 2250
Los Angeles 90045
22 California Federal Bank (25) NA/NA 241,667
320 N. Harbor Blvd., Suite A NA/NA 50,000
Fullerton 92832
23 Community National Bank NA/NA 669,231
920 Hampshire Road, NA/NA 50,000
Suite A-11
Westlake Village 91361
24 Montecito Bank & Trust (17) NA/NA 311,538
5700 Ralston St., Suite 312 NA/NA 25,000
Ventura 93003
25 G.E. Small Business NA/NA 481,250
Finance (21) NA/NA 50,000
2400 E. Katella,
Suite 200
Anaheim 92806
Rank Lender (Rank in 2001) (1) Headquarters
* Name
* address
1 U.S. Bank (1) San Diego
500 N. Brand Blvd.,
Suite 1960
Glendale 91203
2 California Statewide Davis
C.D.C. (2)
100 N. Brand Blvd.,
Suite 504
Glendale 91203
3 Comerica Bank - San Jose
California (18) (4)
301 E. Ocean Blvd.,
Suite 1800
Long Beach 90802
4 Wilshire State Bank (4) Los Angeles
3200 Wilshire Blvd.,
Seventh Floor
Los Angeles 90010
5 Wells Fargo Bank (12) San Francisco
333 S. Grand Ave.
Los Angeles 90071
6 California Center Bank (9) Los Angeles
4301 W. Third St.
Los Angeles 90020
7 CIT Small Business Livingston, N.J.
Lending Corp. (6)
2219 Thousand Oaks Blvd.,
PMB 487
Thousand Oaks 91362
8 Hanmi Bank (5) Los Angeles
3660 Wilshire Blvd.,
Penthouse A
Los Angeles 90010
9 California Bank & Trust (8) San Diego
2399 Gateway Oaks Drive,
Suite 110
Sacramento 95833
10 Nara Bank (11) Los Angeles
3701 Wilshire Blvd.,
Suite 302
Los Angeles 90010
11 Banco Popular, North Downey
America (15)
11101 La Reina Ave.,
Second Floor Downey 90241
12 Temecula Valley Bank (14) Temecula
27710 Jefferson Ave.
Temecula 92590
13 Bank of America (10) Charlotte, N.C.
10850 White Rock Road,
Suite 101
Rancho Cordova 95670
14 United Commercial Bank (13) San Francisco
199 S. Los Robles Ave.,
Suite 580
Pasadena 91101
15 First Union Small Charlotte, N.C.
Business Capital (22)
1620 E. Roseville Parkway,
Suite 100
Roseville 95661
16 Citizens Business Bank (5) Ontario
701 N. Haven Ave.
Ontario 91764
17 Saehan Bank (23) Los Angeles
3580 Wilshire Blvd.,
Suite 1500
Los Angeles 90010
18 Alliance Bank (19) Culver City
100 Corporate Pointe
Culver City 90230
19 Community Bank Pasadena
1041 W. Badillo St.,
Suite 115
Covina 91722
20 General Bank Los Angeles
4128 Temple City Blvd.
Rosemead 91770
21 First International Hartford, Conn.
Capital (7) (6)
350 S. Grand Ave.,
Suite 2250
Los Angeles 90045
22 California Federal Bank (25) San Francisco
320 N. Harbor Blvd., Suite A
Fullerton 92832
23 Community National Bank Escondido
920 Hampshire Road,
Suite A-11
Westlake Village 91361
24 Montecito Bank & Trust (17) Santa Barbara
5700 Ralston St., Suite 312
Ventura 93003
25 G.E. Small Business St. Louis, Mo.
Finance (21)
2400 E. Katella,
Suite 200
Anaheim 92806
Rank Lender (Rank in 2001) (1) Top Local SBA Executive
* Name * name
* address * title
* phone
1 U.S. Bank (1) Robert R. Flores Jr.
500 N. Brand Blvd., sr. v.p. SBA, Western
Suite 1960 reg. sls. mgr.
Glendale 91203 (818) 548-7400
2 California Statewide Robert Gonzales
C.D.C. (2) regional manager
100 N. Brand Blvd., (800) 982-9192
Suite 504
Glendale 91203
3 Comerica Bank - Gloria Miller
California (18) (4) vice president
301 E. Ocean Blvd., (562) 590-2529
Suite 1800
Long Beach 90802
4 Wilshire State Bank (4) Sungsoo Han
3200 Wilshire Blvd., sr. v.p., manager
Seventh Floor (213) 427-6595
Los Angeles 90010
5 Wells Fargo Bank (12) Douglas Rozsa
333 S. Grand Ave. sr. v.p., reg. SBA
Los Angeles 90071 sales manager
(800) 545-0670
6 California Center Bank (9) Jason K. Kim
4301 W. Third St. first vice president
Los Angeles 90020 (213) 381-2222
7 CIT Small Business Rita Mitchell
Lending Corp. (6) regional account manager
2219 Thousand Oaks Blvd., (213) 494-9979
PMB 487
Thousand Oaks 91362
8 Hanmi Bank (5) Steve Park
3660 Wilshire Blvd., v.p., manager
Penthouse A (213) 382-2200
Los Angeles 90010
9 California Bank & Trust (8) Cathi Jooyan
2399 Gateway Oaks Drive, sr. v.p., sales manager
Suite 110 (800) 585-1722
Sacramento 95833
10 Nara Bank (11) Jimmy Bang
3701 Wilshire Blvd., sr. v.p., manager
Suite 302 (213) 639-1700
Los Angeles 90010
11 Banco Popular, North Erik W. Daniels
America (15) v.p., SBA division
11101 La Reina Ave., manager, Calif.
Second Floor Downey 90241 (562) 622-2575
12 Temecula Valley Bank (14) Girish Bajaj
27710 Jefferson Ave. sr. v.p., regional manager
Temecula 92590 (818) 385-0838
13 Bank of America (10) Wiliam C. Sommer
10850 White Rock Road, sr. v.p., market manager
Suite 101 (800) 263-2055
Rancho Cordova 95670
14 United Commercial Bank (13) David Wang
199 S. Los Robles Ave., first v.p., head of
Suite 580 business bnkng. grp.
Pasadena 91101 (626) 685-7221
15 First Union Small Karen Robinson
Business Capital (22) business development officer
1620 E. Roseville Parkway, (310) 320-4383
Suite 100
Roseville 95661
16 Citizens Business Bank (5) Katrina Fleener
701 N. Haven Ave. vice president
Ontario 91764 (909) 980-4030
17 Saehan Bank (23) Andrew Chong
3580 Wilshire Blvd., vice president,
Suite 1500 manager
Los Angeles 90010 (213) 637-9891
18 Alliance Bank (19) J. Justin Moon
100 Corporate Pointe vice president,
Culver City 90230 manager
(310) 258-9348
19 Community Bank Deborah Gallagher
1041 W. Badillo St., first vice president
Suite 115 (626) 732-1335
Covina 91722
20 General Bank Ray Chang
4128 Temple City Blvd. vice president
Rosemead 91770 (626) 582-7221
21 First International Lou Maalesci
Capital (7) (6) director of business
350 S. Grand Ave., development
Suite 2250 (213) 621-9100
Los Angeles 90045
22 California Federal Bank (25) Heather M. Endresen
320 N. Harbor Blvd., Suite A sr. vice president
Fullerton 92832 (714) 738-8096
23 Community National Bank Redonna Donatto
920 Hampshire Road, sales vice president
Suite A-11 (805) 494-0995
Westlake Village 91361
24 Montecito Bank & Trust (17) James S. Taylor
5700 Ralston St., Suite 312 vice president,
Ventura 93003 manager
(805) 644-3082
25 G.E. Small Business Antonio Zate
Finance (21) v.p.,regional
2400 E. Katella, sales manager
Suite 200 (714) 941-1100
Anaheim 92806
NA - Not Available
WND - Would Not Disclose
(1)Ranking according to SBA LA District data for 2001.
(2)Loans awarded and volume obtained from SBA - Los Angeles District.
Los Angeles District includes Los Angeles, Santa Barbara and Ventura
Counties. Data for 2002 is for 9-month period ended June 30, 2002. Data
for 2001 is for 12-month period ended Sept. 30, 2001.
(3)Minority loan data reported by banks for 12-month period ended Sept.
30, 2002 by bank representatives themselves.
(4)Comerica Bank acquired Imperial Bank in October 2001.
(5)Citizens Bank acquired Western Security Bank in July 2002.
(6)Formerly named First International Bank.
Note: The loan information on this list was supplied by the Small
Business Administration: Los Angeles District. SBA lenders are ranked by
the value of loans booked and funded in L.A. County under the 7(a) and
504 loan programs for the 9 months ended June 30, 2002. This list was
completed during the week of October 28, 2002. To the best of our
knowledge, this information is accurate as of press time. While every
effort is made to ensure the accuracy and thoroughness of the list,
omissions and typographical errors sometimes occur. Please send
corrections or additions on company letterhead to the Research
Department, Los Angeles Business Journal, 5700 Wilshire Blvd., Suite
170, Los Angeles 90036. [c]2002 Los Angeles Business Journal. This list
may not be reprinted in whole or in part without prior written
permission from the editor. Reprints are available from Wright's
Reprints, (800) 494-9051.
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