Bank · Los Angeles, CA
Open Bank
Made 214 SBA 7(a) change-of-ownership loans totaling $397.1M in FY2024 to FY2026: #13 of 1,054 lenders by loans and #8 by dollars. Lends in 27 states. Part of Op Bcorp.
#13by loans, FY24–26
214loans
$397.1Mapproved
$1.3Mmedian loan
Volume
By fiscal year
Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.
| Fiscal year | Loans | Dollars | Median | Share of all loans |
|---|---|---|---|---|
| FY2024 | 72 | $125.3M | $942K | 1.3% |
| FY2025 | 60 | $116.7M | $1.3M | 0.9% |
| FY2026 | 82 | $155.1M | $1.6M | 1.2% |
Loan size
Deal size mix
56% of its loans were $1M or more.
- Under $350K21 loans · 10% · $4.8M
- $350K to $1M74 loans · 35% · $47.6M
- $1M to $2M38 loans · 18% · $57.7M
- $2M to $5M81 loans · 38% · $287.0M
Where the money goes
Top industries
| Industry | Loans | Dollars |
|---|---|---|
| Retail Trade | 127 | $201.6M |
| Accommodation & Food Services | 70 | $171.9M |
| Other Services | 9 | $12.2M |
| Manufacturing | 2 | $1.3M |
| Health Care & Social Assistance | 2 | $2.8M |
| Real Estate & Rental & Leasing | 1 | $2.7M |
| Information | 1 | $1.2M |
| Transportation & Warehousing | 1 | $840K |
Business location
Top states
| Business state | Loans | Dollars |
|---|---|---|
| California | 105 | $136.7M |
| Texas | 48 | $111.2M |
| Washington | 18 | $48.2M |
| Oklahoma | 4 | $11.7M |
| Maryland | 4 | $3.7M |
| Colorado | 4 | $9.5M |
| Oregon | 4 | $13.2M |
| Florida | 3 | $14.4M |
Keep exploring
Related pages
Top lenders in its top states
Its top industries and deal size
Lenders of similar size
Guides and rankings
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