Thanks to a solid SBA lending team, dedicated to providing assistance to small business to grow and expand, TomatoBank, N.A. has earned the top position among Chinese community banks in the Los Angeles area for the fiscal year ending September 30, 2008.
Rankings released by the Los Angeles District Office of the US Small Business Administration show that TomatoBank funded 19 SBA loans during the fiscal year, and funding more than $8.8 million.
Among peer group banks, TomatoBank outperformed its nearest competitor by more than 75%. Results among the banks in this class are listed below.
Lender Name |  | No. Loans Approved |  | Loan Amount | |
 | |||||
TomatoBank | 19 | $ | 8,874,000 | ||
United Comm'l Bank | 23 | $ | 5,046,000 | ||
East West Bank | 17 | $ | 4,249,500 | ||
First Choice | 6 | $ | 1,150,000 | ||
Cathay Bank | 3 | $ | 2,160,000 | ||
Bank of East Asia | 2 | $ | 340,000 | ||
Far East Nat'l Bank | 1 | $ | 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 at 310.806.9666. TomatoBank, N.A. Member FDIC.