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County41st of 58 in California by approvalsFIPS 06033
SBA loans in Lake County, California
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 46 loans to businesses in Lake County, California, in FY2021 to FY2025, worth $33.6M: 37 under 7(a) and 9 under 504.
That is 42.2 approvals per 1,000 business establishments (1,089 establishments in 2023), close to the California figure of 40.8 and close to the national 41.0.
It ranks 41st of 58 California counties with approvals. In FY2025 there were 14, up 17% on FY2024.
23 lenders had approvals here; the most active were U.S. Bank, National Association (7), Columbia Bank (7) and Bay Area Employment Development Company (4). The most common industry was automotive repair and maintenance.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Lake County
By number of approvals to businesses in the county, FY2021–FY2025; 23 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | U.S. Bank, National AssociationCincinnati, OH | 7 | $5.2M | 15.2% | |
| 2 | Columbia BankLake Oswego, OR | 7 | $305K | 15.2% | |
| 3 | Bay Area Employment Development CompanyConcord, CA · CDC | 4 | $1.5M | 8.7% | |
| 4 | Open BankLos Angeles, CA | 3 | $2.3M | 6.5% | |
| 5 | Live Oak Banking CompanyWilmington, NC | 2 | — | 4.3% | |
| 6 | VelocitySBA, LLCIrving, TX | 2 | — | 4.3% | |
| 7 | BMO Bank National AssociationChicago, IL | 2 | — | 4.3% | |
| 8 | Capital Access Group, Inc.San Francisco, CA · CDC | 2 | — | 4.3% | |
| 9 | BayFirst National BankSaint Petersburg, FL | 2 | — | 4.3% | |
| 10 | Celtic Bank CorporationSalt Lake City, UT | 2 | — | 4.3% | |
| 11 | Banesco USAMiami, FL | 1 | — | 2.2% | |
| 12 | Byline BankChicago, IL | 1 | — | 2.2% | |
| 13 | Bank of HopeLos Angeles, CA | 1 | — | 2.2% | |
| 14 | Arcata Economic Development CorporationEureka, CA · CDC | 1 | — | 2.2% | |
| 15 | Mortgage Capital Development CorporationOakland, CA · CDC | 1 | — | 2.2% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Automotive Repair and MaintenanceNAICS 8111 | 7 | 15.2% | |
| 2 | Gasoline StationsNAICS 4571 | 6 | 13.0% | |
| 3 | Residential Building ConstructionNAICS 2361 | 5 | 10.9% | |
| 4 | Beverage ManufacturingNAICS 3121 | 4 | 8.7% | |
| 5 | Grocery StoresNAICS 4451 | 3 | 6.5% | |
| 6 | Other Specialty Trade ContractorsNAICS 2389 | 3 | 6.5% | |
| 7 | General Freight TruckingNAICS 4841 | 2 | 4.3% | |
| 8 | Lessors of Real EstateNAICS 5311 | 1 | 2.2% | |
| 9 | Traveler AccommodationNAICS 7211 | 1 | 2.2% | |
| 10 | Other Chemical Product and Preparation ManufacturingNAICS 3259 | 1 | 2.2% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 12 | 26.1% | |
| 2 | Construction | 8 | 17.4% | |
| 3 | Other Services (except Public Administration) | 7 | 15.2% | |
| 4 | Manufacturing | 5 | 10.9% | |
| 5 | Accommodation and Food Services | 3 | 6.5% | |
| 6 | Agriculture, Forestry, Fishing and Hunting | 3 | 6.5% | |
| 7 | Transportation and Warehousing | 3 | 6.5% | |
| 8 | Real Estate and Rental and Leasing | 2 | 4.3% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 6 | $5.3M | $611K | 0 | — | 6 | 33 |
| FY2025 | 13 | $4.8M | $100K | 1 | — | 14 | 57 |
| FY2024 | 9 | $5.6M | $50K | 3 | $1.6M | 12 | 113 |
| FY2023 | 1 | — | — | 2 | — | 3 | 22 |
| FY2022 | 8 | $7.3M | $345K | 2 | — | 10 | 75 |
| FY2021 | 6 | $6.2M | $1.1M | 1 | — | 7 | 42 |
| FY2020 | 4 | $9.3M | $2.1M | 2 | — | 6 | 31 |
| FY2019 | 6 | $8.0M | $499K | 0 | — | 6 | 55 |
| FY2018 | 2 | — | — | 0 | — | 2 | 4 |
| FY2017 | 10 | $8.1M | $546K | 0 | — | 10 | 57 |
| FY2016 | 6 | $2.2M | $304K | 0 | — | 6 | 30 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 30 approvals.
Against California and the country
| FY2021–FY2025 | Lake County | California | United States |
|---|---|---|---|
| Approvals | 46 | 42,016 | 342,825 |
| Approvals per 1,000 establishments | 42.2 | 40.8 | 41.0 |
| Median 7(a) approval | $150K | $250K | $190K |
| Median 504 approval | $334K | $884K | $657K |
| Average approval | $729K | $733K | $573K |
| 504 share of approvals | 19.6% | 17.2% | 11.0% |
| Jobs supported per approval, as reported | 6.7 | 11.0 | 10.5 |
| Share of state approvals | 0.1% | 100.0% | — |
Approval sizes
- $50,000 or less28.3%13
- $50,001 to $150,00019.6%9
- $150,001 to $350,00013.0%6
- $350,001 to $1 million17.4%8
- $1 million to $2 million15.2%7
- Over $2 million6.5%3
Age of the businesses
- Existing, more than 2 years old78.3%36
- New business, 2 years or less6.5%3
- Startup, loan funds will open the business6.5%3
- Change of ownership8.7%4
Questions and answers
Which lenders make the most SBA loans in Lake County?
By approvals in FY2021 to FY2025: U.S. Bank, National Association (7), Columbia Bank (7), Bay Area Employment Development Company (4), Open Bank (3), Live Oak Banking Company (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Lake County?
The median 7(a) approval was $150K and the median 504 approval $334K; the California 7(a) median was $250K.
Which industries get the most SBA loans in Lake County?
Automotive Repair and Maintenance (7); Gasoline Stations (6); Residential Building Construction (5); Beverage Manufacturing (4); Grocery Stores (3).
Is SBA lending in Lake County rising?
Approvals in the three latest complete fiscal years total 29, against 23 in the three before: rising (+26%).
How does Lake County compare with the rest of California?
42.2 approvals per 1,000 establishments against 40.8 statewide, and 46 of the state's 42,016 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error