Profiles · Companies and entities
- Type
- Company or group
- Role
- Lender or loan platform
- Programs
- PPP, Other programs
- Updated
The profile
Pasadena bank that made 12,964 PPP loans for $2.7 billion and eleven Main Street loans for $233.6 million, and later extended credit to the CDFI Lendistry.
- Type: Bank; PPP lender and Main Street Lending Program lender.
- Legal entity: East West Bank, Pasadena, California (FDIC Cert. 31628), owned by East West Bancorp.1
- Pandemic-relief role: PPP lender in both rounds; lender on eleven Main Street loans; since 2025, a credit-facility lender to Lendistry's SBA and airport-concessions lending.
SBA's loan-level data list 12,964 PPP loans from East West Bank for $2.70 billion, 10,394 of them to California borrowers.2 It also made eleven loans for $233.6 million under the Federal Reserve's Main Street Lending Program.3
PPP
East West made 7,441 PPP loans for $1.81 billion in 2020. In 2021 it made 657 first-draw loans for $60.1 million and 4,866 second-draw loans for $835.0 million.2 The file marks 28 of its loans, for $14.5 million, as charged off. Our lender page carries the rest of the loan-level detail.
Lending to Lendistry
After the programs closed, East West became a lender to Lendistry, the Los Angeles CDFI run by Everett Sands. On October 1, 2025, Lendistry announced a $75 million credit facility from East West Bank's Specialty Finance Group to support its SBA 7(a) lending.4 On July 9, 2026 it announced a second, $100 million facility from East West, with a $100 million accordion, to fund its Airport Concessions Program for businesses operating in airports.5
Related profiles
- Lendistry: the CDFI East West has lent to since 2025.
- Everett Sands: Lendistry's chief executive.
Sources
- FDIC BankFind Suite, institution record for East West Bank (FDIC Cert. 31628), retrieved Sept. 29, 2026. Original: https://api.fdic.gov/banks/institutions?filters=CERT%3A31628&fields=NAME%2CCERT%2CCITY%2CSTALP%2CADDRESS%2CACTIVE%2CESTYMD%2CENDEFYMD%2CNAMEHCR%2CCITYHCR%2CSTALPHCR%2CASSET%2CREPDTE%2CCHARTER%2CREGAGNT%2CCHANGEC1&format=json ↩
- U.S. Small Business Administration, PPP FOIA loan-level data (release of Sept. 30, 2024). Original: https://data.sba.gov/dataset/ppp-foia SBA PPP FOIA loan-level data (stored capture) ↩
- Federal Reserve Board, Main Street Lending Program transaction-specific disclosures (data as of Jan. 31, 2021; released Apr. 12, 2021). Original: Federal Reserve, Main Street Lending Program transaction-specific disclosures (Apr. 12, 2021) (original: federalreserve.gov) ↩
- Lendistry, "Lendistry Receives $75MM Credit Facility from East West Bank," Newswire, Oct. 1, 2025. Original: https://www.newswire.com/news/lendistry-receives-75mm-credit-facility-from-east-west-bank-22646284 Newswire, "Lendistry Receives $75MM Credit Facility from East West Bank" Oct. 1, 2025 (stored capture) ↩
- Lendistry, "Lendistry Receives a $100 Million Credit Facility from East West Bank," ACCESS Newswire, July 9, 2026. Original: https://www.accessnewswire.com/newsroom/en/banking-and-financial-services/lendistry-receives-a-100-million-credit-facility-from-east-west-bank-1188906 ↩