Monterey County Bank

CA

SBA-approved lender offering 7 loan programs across 6 industries.

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Key Metrics

Interest Rate

9.68%

2.93% over prime

Average Loan

$956K

Per approval

Total Approvals

12

FY 2025

Loan Programs (7)

7a General
Change of Ownership
Existing or more than 2 years old
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Fixed Rates

Industries Served (6)

All Other Amusement and Recreation IndustriesChild Day Care ServicesFull-Service RestaurantsLandscape Architectural ServicesOther Personal Care ServicesSnack and Nonalcoholic Beverage Bars

Additional Details

Prime Rate
6.75%
Rate Over Prime
2.93%
Effective Rate
9.68%
Fiscal Year
2025
States Served
CA

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