Where is Preferred Bank located?

Preferred Bank is located at 601, S Figueroa St, 47th Fl Los Angeles, CA 90017.

Preferred Bank

About

California state-chartered commercial bank founded in 1991, NASDAQ-listed, serving businesses and consumers with 12+ branches across California and New York, ranked #10 top US bank in 2023.

1991

Founded

Reviews & Ratings

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SBA 7(a) Lending Analytics

SBA 7(a) Acquisition Loan Data As Of June 30, 2025

SBA Acquisition Loan Activity

Last 12 Months

4

Top 20%

Last 3 Years

8

Top 25%

YoY Growth

+100.0%

low activity

Loan Size Distribution

As Of June 30, 2025

Median

$300K

Average

$990K

Top Industries Served

Industries with highest loan volume

1

NAICS

loans

N/A

avg. amount

1

NAICS

Loans

Avg. Amount

N/A

2

NAICS

loans

N/A

avg. amount

2

NAICS

Loans

Avg. Amount

N/A

Interest Rate Analysis

All rates shown as spread over Prime Rate

Rate Distribution

Median Rate:Prime + 1.38%

Typical Range:Prime + 1.00% - 1.50%

Min / Max:Prime + -1.25% / 2.50%

Market Comparison

This Lender

Prime + 1.38%

Market Average

Prime + 1.25%

12 bps above market

Default Rate & Risk Profile

As Of June 30, 2025 - 10-year default rate indicates underwriting quality

10-Year Default Rate

0.0%

Bottom 10% of Lenders (Highest Default Rate)

Performance Ranking

100th

Lower is better among all lenders

Geographic Loan Distribution

As Of June 30, 2025 - States by loan volume (darker blue = higher volume)

Low

Medium

High

Very High