Poppy Bank: SBA Lending Activity & Industry Focus
Based on historical SBA 7(a) lending data.
Total Approvals
16
by Poppy Bank
Total Volume
$15,236,700
approved amount
Median Loan Size
$609,000
per approval
Recent Activity
2
last 90 days through Mar 2022
Poppy Bank is a regional lender primarily serving California, Oklahoma, Florida lending across 13 different industries. With 16 SBA 7(a) approvals and a typical loan size of $609,000, their lending data provides a detailed picture of where and how they deploy SBA capital.
What you should know
Key insights derived from Poppy Bank's SBA 7(a) lending history
Accelerating SBA activity
Poppy Bank's SBA lending is trending up — 13 approvals in the last 6 months vs. 5 in the prior period (+160%). Increasing volume can signal improved capacity and appetite for new borrowers.
Sweet spot: $350K–$1M loans
44% of Poppy Bank's SBA loans fall in the $350K–$1M range. Their typical loan (median) is $650,000, with the middle 50% of loans between $452,800 and $1,119,000. If your loan request is in this range, you may see a faster, smoother process.
Regional focus: California, Oklahoma, Florida
Poppy Bank concentrates their SBA lending in 11 states, with 50% of activity in California (25%), Oklahoma (19%), Florida (6%). Regional lenders often have strong local relationships and may offer more competitive terms in their core markets.
Smaller SBA program
Poppy Bank has 16 SBA 7(a) approvals. Their smaller volume may mean longer processing times, but could also mean more personalized attention for borrowers.
Diversified: 13 industries served
Poppy Bank lends across 13 different industry sectors with no single industry dominating. This broad experience means they can likely evaluate most business types, though they may not have deep expertise in any specific niche.
Lending trends for Poppy Bank
Loan size distribution
Based on 18 SBA 7(a) approvals
Summary
Median (50th percentile)
$650,000
25th percentile
$452,800
75th percentile
$1,119,000
Average
$989,611
Typical range
State-by-state lending activity
| # | State | Approvals |
|---|---|---|
| 1 | California | 4 |
| 2 | Oklahoma | 3 |
| 3 | New York | 1 |
| 4 | Arizona | 1 |
| 5 | New Jersey | 1 |
| 6 | Washington | 1 |
| 7 | North Carolina | 1 |
| 8 | Connecticut | 1 |
| 9 | New Mexico | 1 |
| 10 | Colorado | 1 |
| 11 | Florida | 1 |
Poppy Bank by industry
Industry focus
Recent SBA 7(a) approvals by Poppy Bank
| Month | Borrower | Location | Industry | Amount |
|---|---|---|---|---|
| 2022-03 | THE*****ion | MORRISTOWN, NJ | Landscaping Services | $1,038,300 |
| 2022-01 | Ant*****ion | AURORA, CO | Limited-Service Restaurants | $467,500 |
| 2021-08 | Dav*****nc. | COSTA MESA, CA | Lessors of Nonresidential Buildings (except Miniwarehouses) | $2,380,000 |
| 2021-08 | Fla*****ces | MOORE, OK | Promoters of Performing Arts, Sports, and Similar Events with Faciliti | $3,825,000 |
| 2021-08 | 19t*****LLC | Long Beach, CA | Full-Service Restaurants | $1,032,800 |
| 2021-08 | BEN*****NC. | LOMITA, CA | General Automotive Repair | $1,706,500 |
| 2021-08 | STE*****LLC | WOODSIDE, NY | Electronic Shopping and Mail-Order Houses | $1,119,000 |
| 2021-08 | Mem*****LLC | CLOVERDALE, CA | Supermarkets and Other Grocery (except Convenience) Stores | $398,000 |
| 2021-08 | Qua*****any | EL CERRITO, CA | All Other Miscellaneous Store Retailers (except Tobacco Stores) | $568,000 |
| 2021-02 | THE*****INC | EVERGREEN, CO | Residential Remodelers | $196,300 |
| 2021-02 | Enc*****LLC | DORAL, FL | All Other Miscellaneous Manufacturing | $505,200 |
| 2020-08 | Des*****tal | AVONDALE, AZ | Veterinary Services | $1,840,000 |
| 2020-07 | Gon*****rat | TUKWILA, WA | Offices of Chiropractors | $650,000 |
| 2020-04 | Sam*****any | QUINTON, OK | Gasoline Stations with Convenience Stores | $452,800 |
| 2020-02 | Sam*****any | QUINTON, OK | Gasoline Stations with Convenience Stores | $452,800 |
| 2020-02 | How*****LLC | GREENVILLE, NC | Child Day Care Services | $730,800 |
| 2019-11 | San*****tel | GRANTS, NM | Hotels (except Casino Hotels) and Motels | $300,000 |
| 2019-10 | Ati*****LLC | NORWICH, CT | Hotels (except Casino Hotels) and Motels | $150,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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