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Preferred Bank
Los Angeles, CA 90017
⭐ SBA Preferred Lender41
Loans Approved
$38.2M
Total Volume
$932K
Avg Loan Size
5
States Served
States Served
Top Industries Financed
- Limited-Service Restaurants
- Full-Service Restaurants
- Motion Picture and Video Production
- Plumbing, Heating, and Air-Conditioning Contractors
- Snack and Nonalcoholic Beverage Bars
About Preferred Bank
Preferred Bank is an SBA-approved lender headquartered in Los Angeles, California. Since 2020, they have approved 41 SBA 7(a) loans totaling $38.2M, with an average loan size of $932K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 5 states.
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