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County1st of 58 in California by approvalsFIPS 06037
SBA loans in Los Angeles 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.
Businesses in Los Angeles County, California, received 12,242 SBA loan approvals worth $9.33bn in FY2021 to FY2025 (10,157 7(a), 2,085 504).
That is 40.1 approvals per 1,000 business establishments (304,988 establishments in 2023), close to the California figure of 40.8 and close to the national 41.0.
It ranks 1st of 58 California counties with approvals. In FY2025 there were 3,266, up 15% on FY2024.
210 lenders had approvals here; the most active were U.S. Bank, National Association (908), Business Finance Capital (689) and JPMorgan Chase Bank, National Association (547). The most common industry was restaurants and other eating places.
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 Los Angeles County
By number of approvals to businesses in the county, FY2021–FY2025; 210 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | U.S. Bank, National AssociationCincinnati, OH | 908 | $404M | 7.4% | |
| 2 | Business Finance CapitalLos Angeles, CA · CDC | 689 | $969M | 5.6% | |
| 3 | JPMorgan Chase Bank, National AssociationColumbus, OH | 547 | $156M | 4.5% | |
| 4 | Northeast BankLewiston, ME | 531 | $91.3M | 4.3% | |
| 5 | Wells Fargo Bank National AssociationSioux Falls, SD | 490 | $163M | 4.0% | |
| 6 | Readycap Lending, LLCBerkeley Heights, NJ | 474 | $215M | 3.9% | |
| 7 | Newtek Bank, National AssociationMiami, FL | 473 | $236M | 3.9% | |
| 8 | BayFirst National BankSaint Petersburg, FL | 446 | $79.8M | 3.6% | |
| 9 | California Statewide Certified Development CorporationDavis, CA · CDC | 435 | $615M | 3.6% | |
| 10 | Lendistry SBLC, LLCLos Angeles, CA | 424 | $83.1M | 3.5% | |
| 11 | Bank of HopeLos Angeles, CA | 401 | $209M | 3.3% | |
| 12 | The Huntington National BankColumbus, OH | 379 | $114M | 3.1% | |
| 13 | Mortgage Capital Development CorporationOakland, CA · CDC | 357 | $494M | 2.9% | |
| 14 | Bank of America, National AssociationCharlotte, NC | 308 | $153M | 2.5% | |
| 15 | CDC Small Business Finance Corp.San Diego, CA · CDC | 264 | $364M | 2.2% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 1,054 | 8.6% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 432 | 3.5% | |
| 3 | General Freight TruckingNAICS 4841 | 317 | 2.6% | |
| 4 | Building Equipment ContractorsNAICS 2382 | 304 | 2.5% | |
| 5 | Apparel, Piece Goods, and Notions Merchant WholesalersNAICS 4243 | 293 | 2.4% | |
| 6 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 263 | 2.1% | |
| 7 | Beer, Wine, and Liquor StoresNAICS 4453 | 255 | 2.1% | |
| 8 | Offices of PhysiciansNAICS 6211 | 250 | 2.0% | |
| 9 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 249 | 2.0% | |
| 10 | Offices of Other Health PractitionersNAICS 6213 | 248 | 2.0% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 1,666 | 13.6% | |
| 2 | Professional, Scientific, and Technical Services | 1,524 | 12.4% | |
| 3 | Accommodation and Food Services | 1,266 | 10.3% | |
| 4 | Health Care and Social Assistance | 1,240 | 10.1% | |
| 5 | Wholesale Trade | 1,212 | 9.9% | |
| 6 | Other Services (except Public Administration) | 1,061 | 8.7% | |
| 7 | Construction | 957 | 7.8% | |
| 8 | Manufacturing | 822 | 6.7% |
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* | 1,475 | $810M | $240K | 269 | $381M | 1,744 | 16,679 |
| FY2025 | 2,860 | $1.46bn | $235K | 406 | $571M | 3,266 | 32,641 |
| FY2024 | 2,443 | $1.20bn | $150K | 400 | $528M | 2,843 | 27,636 |
| FY2023 | 1,848 | $1.07bn | $225K | 321 | $420M | 2,169 | 21,717 |
| FY2022 | 1,330 | $1.02bn | $342K | 494 | $727M | 1,824 | 20,190 |
| FY2021 | 1,676 | $1.71bn | $630K | 464 | $617M | 2,140 | 23,892 |
| FY2020 | 1,592 | $1.09bn | $255K | 366 | $453M | 1,958 | 18,619 |
| FY2019 | 1,828 | $998M | $240K | 331 | $360M | 2,159 | 21,222 |
| FY2018 | 2,123 | $1.23bn | $242K | 274 | $346M | 2,397 | 24,757 |
| FY2017 | 2,359 | $1.30bn | $220K | 320 | $417M | 2,679 | 26,665 |
| FY2016 | 2,683 | $1.31bn | $150K | 286 | $328M | 2,969 | 30,663 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 12,162 approvals.
Against California and the country
| FY2021–FY2025 | Los Angeles County | California | United States |
|---|---|---|---|
| Approvals | 12,242 | 42,016 | 342,825 |
| Approvals per 1,000 establishments | 40.1 | 40.8 | 41.0 |
| Median 7(a) approval | $250K | $250K | $190K |
| Median 504 approval | $1.0M | $884K | $657K |
| Average approval | $762K | $733K | $573K |
| 504 share of approvals | 17.0% | 17.2% | 11.0% |
| Jobs supported per approval, as reported | 10.3 | 11.0 | 10.5 |
| Share of state approvals | 29.1% | 100.0% | — |
Approval sizes
- $50,000 or less14.8%1,806
- $50,001 to $150,00018.5%2,265
- $150,001 to $350,00017.7%2,164
- $350,001 to $1 million25.1%3,076
- $1 million to $2 million13.7%1,681
- Over $2 million10.2%1,250
Age of the businesses
- Existing, more than 2 years old74.9%9,172
- New business, 2 years or less12.5%1,528
- Startup, loan funds will open the business6.0%736
- Change of ownership6.5%791
- Not answered0.1%15
Questions and answers
Which lenders make the most SBA loans in Los Angeles County?
By approvals in FY2021 to FY2025: U.S. Bank, National Association (908), Business Finance Capital (689), JPMorgan Chase Bank, National Association (547), Northeast Bank (531), Wells Fargo Bank National Association (490). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Los Angeles County?
The median 7(a) approval was $250K and the median 504 approval $1.0M; the California 7(a) median was $250K.
Which industries get the most SBA loans in Los Angeles County?
Restaurants and Other Eating Places (1,054); Automotive Repair and Maintenance (432); General Freight Trucking (317); Building Equipment Contractors (304); Apparel, Piece Goods, and Notions Merchant Wholesalers (293).
Is SBA lending in Los Angeles County rising?
Approvals in the three latest complete fiscal years total 8,278, against 5,922 in the three before: rising (+40%).
How does Los Angeles County compare with the rest of California?
40.1 approvals per 1,000 establishments against 40.8 statewide, and 12,242 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