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Open Bank
LOS ANGELES, CA · High-Volume Lender · National rank #71
Open Bank approved 130 SBA 7(a) loans in FY2025, ranking #71 nationally by loan volume. Its lending was most concentrated in California, with an average loan size of about $1.72 million.
Open Bank is a headquartered lender based in Los Angeles, CA, that participates in the SBA 7(a) loan program. According to FY2025 SBA 7(a) lender activity data, Open Bank approved 130 SBA 7(a) loans totaling $223,330,500 in approved loan dollars, with SBA guaranty dollars of $166,362,755 backing those loans. The average loan size across these approved loans was approximately $1,717,927, indicating the bank's SBA 7(a) activity skews toward larger loan amounts compared to many community lenders.
Based on FY2025 SBA activity figures, Open Bank ranks #71 nationally by SBA 7(a) loan volume among participating lenders. The bank's SBA lending activity is concentrated most heavily in its home state of California, with 64 loans, followed by Texas with 21 loans and Maryland with 9 loans. Beyond these top three states, Open Bank's FY2025 SBA 7(a) activity data shows a broader geographic footprint, with loans recorded in Washington, Nevada, North Carolina, Virginia, Colorado, South Carolina, Florida, New Mexico, North Dakota, Nebraska, Kansas, Kentucky, Louisiana, the District of Columbia, Georgia, Illinois, and New York.
This profile reflects only figures drawn from FY2025 SBA 7(a) lender activity data and does not include interest rates, approval likelihood, or lender-specific service details, none of which are available in the source data.
Where Open Bank lends
| State | Loans | Dollars |
|---|---|---|
| California | 64 | $100,245,500 |
| Texas | 21 | $45,262,000 |
| Washington | 8 | $13,638,000 |
| Nevada | 5 | $11,845,000 |
| North Carolina | 4 | $9,610,000 |
| Virginia | 3 | $6,172,000 |
| Maryland | 9 | $5,451,000 |
| North Dakota | 1 | $5,000,000 |
| Nebraska | 1 | $5,000,000 |
| New Mexico | 1 | $5,000,000 |
| Colorado | 2 | $4,243,000 |
| South Carolina | 2 | $3,990,000 |
| Kansas | 1 | $2,915,000 |
| Kentucky | 1 | $960,000 |
| Florida | 2 | $853,000 |
Questions people ask
Is Open Bank an SBA lender?
Yes, Open Bank participates in the SBA 7(a) loan program, according to FY2025 SBA activity data.
How many SBA 7(a) loans did Open Bank approve in FY2025?
Open Bank approved 130 SBA 7(a) loans in FY2025.
What was Open Bank's total SBA 7(a) loan volume in FY2025?
Total approved loan dollars were $223,330,500 in FY2025.
What is Open Bank's average SBA loan size?
The average loan size was approximately $1,717,927 based on FY2025 data.
How much of Open Bank's SBA lending was guaranteed by the SBA?
SBA guaranty dollars totaled $166,362,755 in FY2025.
Where is Open Bank headquartered?
Open Bank is headquartered in Los Angeles, CA.
Where is Open Bank most active with SBA lending?
Its top states in FY2025 were California (64 loans), Texas (21 loans), and Maryland (9 loans).
Is Open Bank a national or regional SBA lender?
Open Bank made SBA 7(a) loans in 20 states in FY2025, indicating a broader-than-regional, though California-concentrated, footprint.
How does Open Bank rank nationally by SBA loan volume?
Open Bank ranked #71 nationally by SBA 7(a) loan volume in FY2025.
How many states did Open Bank serve with SBA 7(a) loans?
Open Bank's FY2025 SBA activity spanned 20 states.
Source: SBA 7(a) Lender Activity Report, FY2025 (data.sba.gov). GetFundedUSA is independent and not affiliated with Open Bank; loan terms, rates and eligibility are set by the lender and the SBA, not GetFundedUSA.