Lenders › Centerstone SBA Lending, Inc.
7(a) lenderLos Angeles, Californianon-bank 7(a) lender113th of 2,184 by approvals
Centerstone SBA Lending, Inc.
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
In FY2021 to FY2025 SBA approved 331 7(a) loans, worth $483M, through Centerstone SBA Lending, Inc. of Los Angeles, California, a non-bank 7(a) lender in the SBA 7(a) program. By number of approvals that is 113th among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 116 approvals totalling $161M, up 90% on FY2024 (61). FY2026 to 30 Jun 2026 adds 49 more.
The median approval was $965K, against $190K for the 7(a) program as a whole; 1.5% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 39 states and territories and 191 counties, led by California (20.2%), Illinois (12.7%) and Texas (6.9%). The largest industry group was accommodation and food services at 40.2% of approvals, and 24.2% of approvals were to franchise businesses.
Of 284 disbursed loans approved in FY2010 to FY2021, SBA records 2 as charged off (0.7%), 198 as paid in full and 84 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 49 | $57.4M | $840K | $1.2M | 521 |
| FY2025 | 116 | $161M | $955K | $1.4M | 2,063 |
| FY2024 | 61 | $74.9M | $760K | $1.2M | 1,049 |
| FY2023 | 40 | $56.5M | $847K | $1.4M | 643 |
| FY2022 | 42 | $49.0M | $730K | $1.2M | 480 |
| FY2021 | 72 | $141M | $1.6M | $2.0M | 1,237 |
| FY2020 | 20 | $27.3M | $1.1M | $1.4M | 406 |
| FY2019 | 80 | $97.5M | $813K | $1.2M | 1,924 |
| FY2018 | 69 | $90.4M | $798K | $1.3M | 1,330 |
| FY2017 | 57 | $74.8M | $999K | $1.3M | 1,413 |
| FY2016 | 23 | $18.9M | $446K | $821K | 239 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 249 approvals. First approval on file: FY2016.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | California | 7(a) program |
|---|---|---|---|
| Approvals in these years | 321 | 79,249 | 639,905 |
| Cancelled or never disbursed | 37 | 10,102 | 79,313 |
| Disbursed loans | 284 | 69,147 | 560,592 |
| Paid in full | 198 | 52,688 | 435,813 |
| Charged off | 2 | 4,430 | 36,891 |
| Still outstanding (status exempt from disclosure) | 84 | 12,029 | 87,888 |
| Charged off, share of disbursed loans | 0.7% | 6.4% | 6.6% |
| Dollars charged off, share of disbursed dollars | 0.1% | 1.5% | 2.5% |
| Dollars charged off | $460K | $565M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 63 | 35 | 0 | 0.0% | 2.8% |
| FY2020 | 16 | 12 | 2 | — | 4.0% |
| FY2019 | 65 | 39 | 0 | 0.0% | 6.7% |
| FY2018 | 67 | 47 | 0 | 0.0% | 7.9% |
| FY2017 | 51 | 44 | 0 | 0.0% | 7.7% |
| FY2016 | 22 | 21 | 0 | — | 7.2% |
| FY2015 | 0 | 0 | 0 | — | 6.9% |
| FY2014 | 0 | 0 | 0 | — | 6.4% |
| FY2013 | 0 | 0 | 0 | — | 6.0% |
| FY2012 | 0 | 0 | 0 | — | 6.3% |
| FY2011 | 0 | 0 | 0 | — | 6.9% |
| FY2010 | 0 | 0 | 0 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $965K | $190K |
| Average approval | $1.5M | $518K |
| Approvals of $150,000 or less | 1.5% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 17.2% | 34.3% |
| Approvals to franchise businesses | 24.2% | 11.5% |
| Jobs supported per approval, as reported | 16.5 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 0.7% | 6.6% |
States served
| # | State of the business (39 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | California | 67 | $82.5M | 20.2% | |
| 2 | Illinois | 42 | $39.8M | 12.7% | |
| 3 | Texas | 23 | $42.8M | 6.9% | |
| 4 | Georgia | 17 | $20.0M | 5.1% | |
| 5 | North Carolina | 14 | $29.9M | 4.2% | |
| 6 | Colorado | 14 | $25.2M | 4.2% | |
| 7 | Florida | 11 | $13.7M | 3.3% | |
| 8 | New York | 10 | $18.7M | 3.0% | |
| 9 | Indiana | 10 | $16.4M | 3.0% | |
| 10 | Virginia | 9 | $20.8M | 2.7% | |
| 11 | Ohio | 9 | $16.5M | 2.7% | |
| 12 | Pennsylvania | 8 | $17.4M | 2.4% |
In California the lender accounts for 0.2% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (191 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Los Angeles County, CA | 26 | $24.3M | 7.9% | |
| 2 | Cook County, IL | 13 | $11.2M | 3.9% | |
| 3 | Orange County, CA | 9 | $9.8M | 2.7% | |
| 4 | Arapahoe County, CO | 7 | $9.2M | 2.1% | |
| 5 | McHenry County, IL | 6 | $4.2M | 1.8% | |
| 6 | Clark County, NV | 6 | $3.8M | 1.8% | |
| 7 | Fairfax County, VA | 4 | $8.1M | 1.2% | |
| 8 | San Diego County, CA | 4 | $7.9M | 1.2% | |
| 9 | DuPage County, IL | 4 | $3.7M | 1.2% | |
| 10 | Lake County, IL | 4 | $3.0M | 1.2% | |
| 11 | King County, WA | 4 | $2.8M | 1.2% | |
| 12 | Maricopa County, AZ | 4 | $1.7M | 1.2% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 133 | 40.2% | |
| 2 | Retail Trade | 76 | 23.0% | |
| 3 | Transportation and Warehousing | 20 | 6.0% | |
| 4 | Other Services (except Public Administration) | 18 | 5.4% | |
| 5 | Health Care and Social Assistance | 15 | 4.5% | |
| 6 | Construction | 13 | 3.9% | |
| 7 | Professional, Scientific, and Technical Services | 13 | 3.9% | |
| 8 | Wholesale Trade | 11 | 3.3% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 72 | 21.8% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 59 | 17.8% | |
| 3 | Beer, Wine, and Liquor StoresNAICS 4453 | 24 | 7.3% | |
| 4 | Gasoline StationsNAICS 4571 | 14 | 4.2% | |
| 5 | Couriers and Express Delivery ServicesNAICS 4921 | 14 | 4.2% | |
| 6 | Grocery StoresNAICS 4451 | 13 | 3.9% | |
| 7 | Automotive Repair and MaintenanceNAICS 8111 | 6 | 1.8% | |
| 8 | Gasoline StationsNAICS 4471 | 6 | 1.8% | |
| 9 | Child Day Care ServicesNAICS 6244 | 6 | 1.8% | |
| 10 | Personal Care ServicesNAICS 8121 | 6 | 1.8% |
Approval sizes
- $50,001 to $150,0001.5%5
- $150,001 to $350,00013.0%43
- $350,001 to $1 million36.9%122
- $1 million to $2 million22.4%74
- Over $2 million26.3%87
Loan terms
- Over 5 to 10 years42.9%142
- Over 10 to 20 years5.7%19
- Over 20 years51.4%170
Age of the businesses
- Existing, more than 2 years old41.4%137
- New business, 2 years or less9.1%30
- Startup, loan funds will open the business8.2%27
- Change of ownership41.4%137
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 330 | 99.7% | |
| 2 | 7a General | 1 | 0.3% |
Franchise share
80 of 331 approvals in FY2021–FY2025 (24.2%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | The UPS Store | 15 | 4.5% | |
| 2 | Super 8 by Wyndhan | 7 | 2.1% | |
| 3 | Days Inn | 7 | 2.1% | |
| 4 | Best Western | 5 | 1.5% | |
| 5 | Subway | 4 | 1.2% | |
| 6 | Tous Les Jours | 3 | 0.9% | |
| 7 | Baymont by Wyndham | 2 | 0.6% | |
| 8 | Motel 6 | 2 | 0.6% |
Questions and answers
How many SBA loans does Centerstone SBA Lending, Inc. make?
SBA approved 116 7(a) loans through Centerstone SBA Lending, Inc. in FY2025, worth $161M, and 331 over FY2021 to FY2025. That ranks 113th of 2,184 active 7(a) lenders by number of approvals.
How large are Centerstone SBA Lending, Inc.'s typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $965K and the average $1.5M. The program-wide median was $190K.
What is Centerstone SBA Lending, Inc.'s charge-off rate?
Of 284 disbursed loans approved in FY2010 to FY2021, SBA records 2 as charged off (0.7%), 198 as paid in full and 84 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Centerstone SBA Lending, Inc. lend to most?
By number of approvals in FY2021 to FY2025: traveler accommodation (72); restaurants and other eating places (59); beer, wine, and liquor stores (24); gasoline stations (14).
Where does Centerstone SBA Lending, Inc. make SBA loans?
In 39 states and territories. California 67, Illinois 42, Texas 23, Georgia 17, North Carolina 14. In California it accounts for 0.2% of all 7(a) approvals.
Is Centerstone SBA Lending, Inc.'s SBA lending rising?
Approvals in the three latest complete fiscal years total 217, against 134 in the three before: rising (+62%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error