ALHAMBRA, Calif.--( BUSINESS WIRE )--For the second consecutive quarter, TomatoBank ' s Small Business lending team has earned the top position among Chinese community banks in the Los Angeles area. Rankings released by the Los Angeles District Office of the US Small Business Administration for the 3 rd (fiscal year) quarter show TomatoBank rising to 36 among all Los Angeles area banks.
Among peer group banks, TomatoBank funded nearly double the amount compared to its nearest competitor. Results among all of the banks in this class are listed below.
| Lender Name |
|
Loan Amount (Approved) |
|
|
|
| TomatoBank |
|
$ 6,523,000 |
| United Comm ' l Bank |
|
$ 3,957,000 |
| East West Bank |
|
$ 3,299,500 |
| First Choice |
|
$ 1,150,000 |
| Cathay Bank |
|
$ 810,000 |
| Bank of East Asia |
|
$ 340,000 |
| Far East Nat ' l Bank |
|
$ 250,000 |
TomatoBank is dedicated to serving the financial needs of business through solid relationship banking, responsible lending to help businesses grow and through innovative cash management products and services. For more information, visit www.tomatobank.com . Offices in Alhambra, Arcadia, Cerritos, City of Industry, Diamond Bar, Los Angeles and San Diego (Chula Vista). For additional information, please contact Peter Eason 310.806.9666. TomatoBank, N.A. Member FDIC.