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County13th of 58 in California by approvalsFIPS 06061
SBA loans in Placer 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 685 loans to businesses in Placer County, California, in FY2021 to FY2025, worth $451M: 569 under 7(a) and 116 under 504.
That is 56.2 approvals per 1,000 business establishments (12,180 establishments in 2023), above the California figure of 40.8 and above the national 41.0.
It ranks 13th of 58 California counties with approvals. In FY2025 there were 199, up 67% on FY2024.
84 lenders had approvals here; the most active were U.S. Bank, National Association (80), Mortgage Capital Development Corporation (42) and Wells Fargo Bank National Association (37). 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 Placer County
By number of approvals to businesses in the county, FY2021–FY2025; 84 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | U.S. Bank, National AssociationCincinnati, OH | 80 | $26.4M | 11.7% | |
| 2 | Mortgage Capital Development CorporationOakland, CA · CDC | 42 | $58.4M | 6.1% | |
| 3 | Wells Fargo Bank National AssociationSioux Falls, SD | 37 | $11.8M | 5.4% | |
| 4 | The Huntington National BankColumbus, OH | 32 | $11.1M | 4.7% | |
| 5 | Northeast BankLewiston, ME | 28 | $3.8M | 4.1% | |
| 6 | Newtek Bank, National AssociationMiami, FL | 25 | $13.0M | 3.6% | |
| 7 | Live Oak Banking CompanyWilmington, NC | 23 | $35.6M | 3.4% | |
| 8 | Columbia BankLake Oswego, OR | 23 | $1.7M | 3.4% | |
| 9 | Celtic Bank CorporationSalt Lake City, UT | 21 | $25.2M | 3.1% | |
| 10 | Greater Sacramento Certified Development CorporationNorth Highlands, CA · CDC | 21 | $19.4M | 3.1% | |
| 11 | Plumas BankQuincy, CA | 20 | $15.4M | 2.9% | |
| 12 | California Statewide Certified Development CorporationDavis, CA · CDC | 18 | $14.2M | 2.6% | |
| 13 | Bank of America, National AssociationCharlotte, NC | 17 | $13.0M | 2.5% | |
| 14 | JPMorgan Chase Bank, National AssociationColumbus, OH | 16 | $4.6M | 2.3% | |
| 15 | BayFirst National BankSaint Petersburg, FL | 16 | $2.0M | 2.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 59 | 8.6% | |
| 2 | Other Amusement and Recreation IndustriesNAICS 7139 | 30 | 4.4% | |
| 3 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 29 | 4.2% | |
| 4 | Offices of Other Health PractitionersNAICS 6213 | 24 | 3.5% | |
| 5 | Automotive Repair and MaintenanceNAICS 8111 | 22 | 3.2% | |
| 6 | Residential Building ConstructionNAICS 2361 | 22 | 3.2% | |
| 7 | Offices of PhysiciansNAICS 6211 | 21 | 3.1% | |
| 8 | Building Equipment ContractorsNAICS 2382 | 19 | 2.8% | |
| 9 | Services to Buildings and DwellingsNAICS 5617 | 19 | 2.8% | |
| 10 | Legal ServicesNAICS 5411 | 18 | 2.6% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 109 | 15.9% | |
| 2 | Professional, Scientific, and Technical Services | 86 | 12.6% | |
| 3 | Construction | 86 | 12.6% | |
| 4 | Accommodation and Food Services | 69 | 10.1% | |
| 5 | Retail Trade | 67 | 9.8% | |
| 6 | Other Services (except Public Administration) | 57 | 8.3% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 37 | 5.4% | |
| 8 | Arts, Entertainment, and Recreation | 35 | 5.1% |
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* | 85 | $38.9M | $240K | 15 | $20.8M | 100 | 806 |
| FY2025 | 177 | $92.3M | $160K | 22 | $27.2M | 199 | 2,552 |
| FY2024 | 107 | $55.9M | $160K | 12 | $24.9M | 119 | 1,343 |
| FY2023 | 108 | $46.2M | $225K | 22 | $20.4M | 130 | 1,050 |
| FY2022 | 87 | $62.6M | $292K | 28 | $31.9M | 115 | 1,512 |
| FY2021 | 90 | $58.9M | $425K | 32 | $30.9M | 122 | 1,264 |
| FY2020 | 75 | $36.0M | $195K | 12 | $5.4M | 87 | 717 |
| FY2019 | 98 | $45.8M | $222K | 21 | $15.2M | 119 | 1,254 |
| FY2018 | 134 | $64.3M | $150K | 18 | $24.0M | 152 | 1,719 |
| FY2017 | 108 | $41.6M | $183K | 21 | $13.3M | 129 | 1,477 |
| FY2016 | 108 | $50.5M | $195K | 21 | $19.5M | 129 | 1,307 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 616 approvals.
Against California and the country
| FY2021–FY2025 | Placer County | California | United States |
|---|---|---|---|
| Approvals | 685 | 42,016 | 342,825 |
| Approvals per 1,000 establishments | 56.2 | 40.8 | 41.0 |
| Median 7(a) approval | $275K | $250K | $190K |
| Median 504 approval | $848K | $884K | $657K |
| Average approval | $658K | $733K | $573K |
| 504 share of approvals | 16.9% | 17.2% | 11.0% |
| Jobs supported per approval, as reported | 11.3 | 11.0 | 10.5 |
| Share of state approvals | 1.6% | 100.0% | — |
Approval sizes
- $50,000 or less19.3%132
- $50,001 to $150,00016.8%115
- $150,001 to $350,00018.4%126
- $350,001 to $1 million27.0%185
- $1 million to $2 million10.5%72
- Over $2 million8.0%55
Age of the businesses
- Existing, more than 2 years old60.3%413
- New business, 2 years or less17.8%122
- Startup, loan funds will open the business12.3%84
- Change of ownership9.3%64
- Not answered0.3%2
Questions and answers
Which lenders make the most SBA loans in Placer County?
By approvals in FY2021 to FY2025: U.S. Bank, National Association (80), Mortgage Capital Development Corporation (42), Wells Fargo Bank National Association (37), The Huntington National Bank (32), Northeast Bank (28). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Placer County?
The median 7(a) approval was $275K and the median 504 approval $848K; the California 7(a) median was $250K.
Which industries get the most SBA loans in Placer County?
Restaurants and Other Eating Places (59); Other Amusement and Recreation Industries (30); Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (29); Offices of Other Health Practitioners (24); Automotive Repair and Maintenance (22).
Is SBA lending in Placer County rising?
Approvals in the three latest complete fiscal years total 448, against 324 in the three before: rising (+38%).
How does Placer County compare with the rest of California?
56.2 approvals per 1,000 establishments against 40.8 statewide, and 685 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