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County32nd of 58 in California by approvalsFIPS 06057
SBA loans in Nevada 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 113 loans to businesses in Nevada County, California, in FY2021 to FY2025, worth $72.1M: 92 under 7(a) and 21 under 504.
That is 34.0 approvals per 1,000 business establishments (3,323 establishments in 2023), below the California figure of 40.8 and below the national 41.0.
It ranks 32nd of 58 California counties with approvals. In FY2025 there were 25, up 25% on FY2024.
39 lenders had approvals here; the most active were U.S. Bank, National Association (9), Plumas Bank (7) and Readycap Lending, LLC (7). The most common industry was traveler accommodation.
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 Nevada County
By number of approvals to businesses in the county, FY2021–FY2025; 39 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | U.S. Bank, National AssociationCincinnati, OH | 9 | $3.7M | 8.0% | |
| 2 | Plumas BankQuincy, CA | 7 | $4.4M | 6.2% | |
| 3 | Readycap Lending, LLCBerkeley Heights, NJ | 7 | $2.2M | 6.2% | |
| 4 | Live Oak Banking CompanyWilmington, NC | 6 | $8.3M | 5.3% | |
| 5 | Mortgage Capital Development CorporationOakland, CA · CDC | 6 | $8.1M | 5.3% | |
| 6 | Wells Fargo Bank National AssociationSioux Falls, SD | 6 | $505K | 5.3% | |
| 7 | BMO Bank National AssociationChicago, IL | 5 | $1.9M | 4.4% | |
| 8 | Northeast BankLewiston, ME | 5 | $1.1M | 4.4% | |
| 9 | BayFirst National BankSaint Petersburg, FL | 5 | $665K | 4.4% | |
| 10 | California Statewide Certified Development CorporationDavis, CA · CDC | 4 | $3.8M | 3.5% | |
| 11 | Celtic Bank CorporationSalt Lake City, UT | 4 | $2.8M | 3.5% | |
| 12 | First U.S. Community CUSacramento, CA | 4 | $1.1M | 3.5% | |
| 13 | Greater Sacramento Certified Development CorporationNorth Highlands, CA · CDC | 3 | $4.4M | 2.7% | |
| 14 | Enterprise Bank & TrustClayton, MO | 3 | $2.2M | 2.7% | |
| 15 | Nevada State Development CorporationLas Vegas, NV · CDC | 3 | $1.2M | 2.7% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 6 | 5.3% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 6 | 5.3% | |
| 3 | Grocery StoresNAICS 4451 | 5 | 4.4% | |
| 4 | Computer Systems Design and Related ServicesNAICS 5415 | 5 | 4.4% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 5 | 4.4% | |
| 6 | Other Amusement and Recreation IndustriesNAICS 7139 | 4 | 3.5% | |
| 7 | Other Specialty Trade ContractorsNAICS 2389 | 4 | 3.5% | |
| 8 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 4 | 3.5% | |
| 9 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 2.7% | |
| 10 | Offices of Other Health PractitionersNAICS 6213 | 3 | 2.7% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 22 | 19.5% | |
| 2 | Professional, Scientific, and Technical Services | 18 | 15.9% | |
| 3 | Accommodation and Food Services | 15 | 13.3% | |
| 4 | Manufacturing | 12 | 10.6% | |
| 5 | Construction | 10 | 8.8% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 9 | 8.0% | |
| 7 | Health Care and Social Assistance | 6 | 5.3% | |
| 8 | Other Services (except Public Administration) | 6 | 5.3% |
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* | 18 | $12.5M | $159K | 3 | $2.3M | 21 | 113 |
| FY2025 | 20 | $8.8M | $250K | 5 | $6.4M | 25 | 203 |
| FY2024 | 18 | $10.5M | $258K | 2 | — | 20 | 199 |
| FY2023 | 17 | $5.8M | $250K | 5 | $7.2M | 22 | 207 |
| FY2022 | 14 | $7.4M | $225K | 5 | $3.9M | 19 | 116 |
| FY2021 | 23 | $19.2M | $400K | 4 | $2.2M | 27 | 251 |
| FY2020 | 27 | $15.6M | $300K | 4 | $5.2M | 31 | 463 |
| FY2019 | 27 | $10.2M | $150K | 4 | $2.9M | 31 | 246 |
| FY2018 | 16 | $6.9M | $230K | 1 | — | 17 | 111 |
| FY2017 | 21 | $7.8M | $225K | 1 | — | 22 | 239 |
| FY2016 | 23 | $13.1M | $258K | 1 | — | 24 | 244 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 125 approvals.
Against California and the country
| FY2021–FY2025 | Nevada County | California | United States |
|---|---|---|---|
| Approvals | 113 | 42,016 | 342,825 |
| Approvals per 1,000 establishments | 34.0 | 40.8 | 41.0 |
| Median 7(a) approval | $275K | $250K | $190K |
| Median 504 approval | $516K | $884K | $657K |
| Average approval | $638K | $733K | $573K |
| 504 share of approvals | 18.6% | 17.2% | 11.0% |
| Jobs supported per approval, as reported | 8.6 | 11.0 | 10.5 |
| Share of state approvals | 0.3% | 100.0% | — |
Approval sizes
- $50,000 or less15.9%18
- $50,001 to $150,00013.3%15
- $150,001 to $350,00026.5%30
- $350,001 to $1 million26.5%30
- $1 million to $2 million10.6%12
- Over $2 million7.1%8
Age of the businesses
- Existing, more than 2 years old64.6%73
- New business, 2 years or less13.3%15
- Startup, loan funds will open the business7.1%8
- Change of ownership15.0%17
Questions and answers
Which lenders make the most SBA loans in Nevada County?
By approvals in FY2021 to FY2025: U.S. Bank, National Association (9), Plumas Bank (7), Readycap Lending, LLC (7), Live Oak Banking Company (6), Mortgage Capital Development Corporation (6). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Nevada County?
The median 7(a) approval was $275K and the median 504 approval $516K; the California 7(a) median was $250K.
Which industries get the most SBA loans in Nevada County?
Traveler Accommodation (6); Restaurants and Other Eating Places (6); Grocery Stores (5); Computer Systems Design and Related Services (5); Services to Buildings and Dwellings (5).
Is SBA lending in Nevada County rising?
Approvals in the three latest complete fiscal years total 67, against 77 in the three before: falling (-13%).
How does Nevada County compare with the rest of California?
34.0 approvals per 1,000 establishments against 40.8 statewide, and 113 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