Lenders › Commonwealth Business Bank
7(a) lenderLos Angeles, CaliforniaFDIC-insured bank45th of 2,184 by approvals
Commonwealth Business Bank
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.
Commonwealth Business Bank, based in Los Angeles, California, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 809 of its 7(a) loans worth $1.04bn in FY2021 to FY2025, which places it 45th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 116 approvals totalling $134M, about level with FY2024 (113). FY2026 to 30 Jun 2026 adds 99 more.
The median approval was $750K, against $190K for the 7(a) program as a whole; 3.0% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 29 states and territories and 170 counties, led by California (58.0%), Texas (12.2%) and Georgia (7.7%). The largest industry group was retail trade at 47.3% of approvals, and 19.9% of approvals were to franchise businesses.
Of 1,663 disbursed loans approved in FY2010 to FY2021, SBA records 35 as charged off (2.1%), 1,136 as paid in full and 492 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* | 99 | $173M | $1.2M | $1.7M | 1,035 |
| FY2025 | 116 | $134M | $779K | $1.2M | 1,274 |
| FY2024 | 113 | $137M | $648K | $1.2M | 776 |
| FY2023 | 121 | $129M | $536K | $1.1M | 747 |
| FY2022 | 191 | $230M | $765K | $1.2M | 1,499 |
| FY2021 | 268 | $408M | $948K | $1.5M | 2,364 |
| FY2020 | 160 | $184M | $647K | $1.1M | 1,157 |
| FY2019 | 174 | $161M | $538K | $928K | 1,385 |
| FY2018 | 197 | $224M | $651K | $1.1M | 1,530 |
| FY2017 | 203 | $210M | $622K | $1.0M | 1,105 |
| FY2016 | 171 | $172M | $578K | $1.0M | 976 |
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 905 approvals. First approval on file: FY2010.
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 | 1,885 | 79,249 | 639,905 |
| Cancelled or never disbursed | 222 | 10,102 | 79,313 |
| Disbursed loans | 1,663 | 69,147 | 560,592 |
| Paid in full | 1,136 | 52,688 | 435,813 |
| Charged off | 35 | 4,430 | 36,891 |
| Still outstanding (status exempt from disclosure) | 492 | 12,029 | 87,888 |
| Charged off, share of disbursed loans | 2.1% | 6.4% | 6.6% |
| Dollars charged off, share of disbursed dollars | 0.7% | 1.5% | 2.5% |
| Dollars charged off | $11.5M | $565M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 225 | 97 | 0 | 0.0% | 2.8% |
| FY2020 | 127 | 61 | 0 | 0.0% | 4.0% |
| FY2019 | 155 | 79 | 1 | 0.6% | 6.7% |
| FY2018 | 183 | 113 | 3 | 1.6% | 7.9% |
| FY2017 | 183 | 124 | 4 | 2.2% | 7.7% |
| FY2016 | 148 | 111 | 2 | 1.4% | 7.2% |
| FY2015 | 161 | 133 | 8 | 5.0% | 6.9% |
| FY2014 | 144 | 116 | 5 | 3.5% | 6.4% |
| FY2013 | 145 | 129 | 2 | 1.4% | 6.0% |
| FY2012 | 86 | 77 | 4 | 4.7% | 6.3% |
| FY2011 | 79 | 71 | 5 | 6.3% | 6.9% |
| FY2010 | 27 | 25 | 1 | — | 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 | $750K | $190K |
| Average approval | $1.3M | $518K |
| Approvals of $150,000 or less | 3.0% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 19.0% | 34.3% |
| Approvals to franchise businesses | 19.9% | 11.5% |
| Jobs supported per approval, as reported | 8.2 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 2.1% | 6.6% |
States served
| # | State of the business (29 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | California | 469 | $480M | 58.0% | |
| 2 | Texas | 99 | $171M | 12.2% | |
| 3 | Georgia | 62 | $90.9M | 7.7% | |
| 4 | Washington | 61 | $93.3M | 7.5% | |
| 5 | New York | 14 | $19.7M | 1.7% | |
| 6 | Colorado | 12 | $25.9M | 1.5% | |
| 7 | Nevada | 11 | $15.1M | 1.4% | |
| 8 | Hawaii | 11 | $12.3M | 1.4% | |
| 9 | North Carolina | 8 | $17.1M | 1.0% | |
| 10 | Oregon | 8 | $10.4M | 1.0% | |
| 11 | Arizona | 5 | $12.9M | 0.6% | |
| 12 | Florida | 5 | $11.4M | 0.6% |
In California the lender accounts for 1.3% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (170 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Los Angeles County, CA | 175 | $184M | 21.6% | |
| 2 | Orange County, CA | 53 | $55.5M | 6.6% | |
| 3 | San Bernardino County, CA | 51 | $59.2M | 6.3% | |
| 4 | Riverside County, CA | 37 | $30.6M | 4.6% | |
| 5 | Kern County, CA | 31 | $27.6M | 3.8% | |
| 6 | Denton County, TX | 19 | $29.1M | 2.3% | |
| 7 | Tarrant County, TX | 19 | $21.1M | 2.3% | |
| 8 | Tulare County, CA | 19 | $20.3M | 2.3% | |
| 9 | Dallas County, TX | 16 | $31.2M | 2.0% | |
| 10 | Gwinnett County, GA | 15 | $20.9M | 1.9% | |
| 11 | Fresno County, CA | 15 | $13.9M | 1.9% | |
| 12 | Ventura County, CA | 14 | $10.2M | 1.7% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 383 | 47.3% | |
| 2 | Accommodation and Food Services | 225 | 27.8% | |
| 3 | Other Services (except Public Administration) | 47 | 5.8% | |
| 4 | Health Care and Social Assistance | 46 | 5.7% | |
| 5 | Wholesale Trade | 29 | 3.6% | |
| 6 | Professional, Scientific, and Technical Services | 15 | 1.9% | |
| 7 | Construction | 13 | 1.6% | |
| 8 | Manufacturing | 11 | 1.4% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Grocery StoresNAICS 4451 | 140 | 17.3% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 128 | 15.8% | |
| 3 | Beer, Wine, and Liquor StoresNAICS 4453 | 94 | 11.6% | |
| 4 | Traveler AccommodationNAICS 7211 | 89 | 11.0% | |
| 5 | Gasoline StationsNAICS 4571 | 71 | 8.8% | |
| 6 | Gasoline StationsNAICS 4471 | 41 | 5.1% | |
| 7 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 23 | 2.8% | |
| 8 | Automotive Repair and MaintenanceNAICS 8111 | 22 | 2.7% | |
| 9 | Drycleaning and Laundry ServicesNAICS 8123 | 15 | 1.9% | |
| 10 | Apparel, Piece Goods, and Notions Merchant WholesalersNAICS 4243 | 9 | 1.1% |
Approval sizes
- $50,000 or less0.1%1
- $50,001 to $150,0002.8%23
- $150,001 to $350,00023.5%190
- $350,001 to $1 million34.2%277
- $1 million to $2 million19.3%156
- Over $2 million20.0%162
Loan terms
- 5 years or less0.2%2
- Over 5 to 10 years40.7%329
- Over 10 to 20 years1.9%15
- Over 20 years57.2%463
Age of the businesses
- Existing, more than 2 years old51.9%420
- New business, 2 years or less13.7%111
- Startup, loan funds will open the business5.3%43
- Change of ownership29.0%235
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 782 | 96.7% | |
| 2 | 7a General | 23 | 2.8% | |
| 3 | SBA Express Program | 4 | 0.5% |
Franchise share
161 of 809 approvals in FY2021–FY2025 (19.9%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | La Quinta by Wyndham | 8 | 1.0% | |
| 2 | Quality Inn | 5 | 0.6% | |
| 3 | Motel 6 | 5 | 0.6% | |
| 4 | Golden Chick | 5 | 0.6% | |
| 5 | AM/PM Mini-Mart Agreement | 5 | 0.6% | |
| 6 | Boyett Petroleum | 5 | 0.6% | |
| 7 | Comfort Suites by Choice Hotels | 4 | 0.5% | |
| 8 | Comfort Inn | 4 | 0.5% |
Questions and answers
How many SBA loans does Commonwealth Business Bank make?
SBA approved 116 7(a) loans through Commonwealth Business Bank in FY2025, worth $134M, and 809 over FY2021 to FY2025. That ranks 45th of 2,184 active 7(a) lenders by number of approvals.
How large are Commonwealth Business Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $750K and the average $1.3M. The program-wide median was $190K.
What is Commonwealth Business Bank's charge-off rate?
Of 1,663 disbursed loans approved in FY2010 to FY2021, SBA records 35 as charged off (2.1%), 1,136 as paid in full and 492 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 Commonwealth Business Bank lend to most?
By number of approvals in FY2021 to FY2025: grocery stores (140); restaurants and other eating places (128); beer, wine, and liquor stores (94); traveler accommodation (89).
Where does Commonwealth Business Bank make SBA loans?
In 29 states and territories. California 469, Texas 99, Georgia 62, Washington 61, New York 14. In California it accounts for 1.3% of all 7(a) approvals.
Is Commonwealth Business Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 350, against 619 in the three before: falling (-43%).
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