Lenders › Pinnacle Bank
7(a) lenderMorgan Hill, CaliforniaFDIC-insured bank278th of 2,184 by approvals
Pinnacle 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.
Pinnacle Bank, based in Morgan Hill, California, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 121 of its 7(a) loans worth $207M in FY2021 to FY2025, which places it 278th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 10 approvals totalling $12.2M, down 17% on FY2024 (12). FY2026 to 30 Jun 2026 adds 6 more.
The median approval was $1.0M, against $190K for the 7(a) program as a whole; 0.0% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 2 states and territories and 33 counties, led by California (98.3%) and Texas (1.7%). The largest industry group was health care and social assistance at 53.7% of approvals, and 16.5% of approvals were to franchise businesses.
Of 323 disbursed loans approved in FY2010 to FY2021, SBA records 3 as charged off (0.9%), 223 as paid in full and 97 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* | 6 | $7.3M | $958K | $1.2M | 46 |
| FY2025 | 10 | $12.2M | $1.1M | $1.2M | 67 |
| FY2024 | 12 | $18.2M | $1.1M | $1.5M | 92 |
| FY2023 | 17 | $29.6M | $1.0M | $1.7M | 439 |
| FY2022 | 33 | $58.7M | $990K | $1.8M | 269 |
| FY2021 | 49 | $88.5M | $1.0M | $1.8M | 533 |
| FY2020 | 41 | $75.6M | $1.4M | $1.8M | 449 |
| FY2019 | 30 | $73.0M | $1.8M | $2.4M | 308 |
| FY2018 | 55 | $93.4M | $1.1M | $1.7M | 606 |
| FY2017 | 59 | $88.7M | $765K | $1.5M | 436 |
| FY2016 | 52 | $61.6M | $1.0M | $1.2M | 506 |
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 237 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 | 350 | 79,249 | 639,905 |
| Cancelled or never disbursed | 27 | 10,102 | 79,313 |
| Disbursed loans | 323 | 69,147 | 560,592 |
| Paid in full | 223 | 52,688 | 435,813 |
| Charged off | 3 | 4,430 | 36,891 |
| Still outstanding (status exempt from disclosure) | 97 | 12,029 | 87,888 |
| Charged off, share of disbursed loans | 0.9% | 6.4% | 6.6% |
| Dollars charged off, share of disbursed dollars | 0.1% | 1.5% | 2.5% |
| Dollars charged off | $650K | $565M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 47 | 17 | 0 | 0.0% | 2.8% |
| FY2020 | 33 | 22 | 0 | 0.0% | 4.0% |
| FY2019 | 28 | 18 | 0 | — | 6.7% |
| FY2018 | 51 | 35 | 0 | 0.0% | 7.9% |
| FY2017 | 59 | 45 | 0 | 0.0% | 7.7% |
| FY2016 | 47 | 36 | 0 | 0.0% | 7.2% |
| FY2015 | 19 | 15 | 1 | — | 6.9% |
| FY2014 | 9 | 7 | 1 | — | 6.4% |
| FY2013 | 6 | 6 | 0 | — | 6.0% |
| FY2012 | 7 | 7 | 0 | — | 6.3% |
| FY2011 | 9 | 9 | 0 | — | 6.9% |
| FY2010 | 8 | 6 | 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 | $1.0M | $190K |
| Average approval | $1.7M | $518K |
| Approvals of $150,000 or less | 0.0% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 21.5% | 34.3% |
| Approvals to franchise businesses | 16.5% | 11.5% |
| Jobs supported per approval, as reported | 11.6 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 0.9% | 6.6% |
States served
| # | State of the business (2 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | California | 119 | $203M | 98.3% | |
| 2 | Texas | 2 | — | 1.7% |
In California the lender accounts for 0.3% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (33 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Santa Clara County, CA | 15 | $17.0M | 12.4% | |
| 2 | Placer County, CA | 14 | $12.2M | 11.6% | |
| 3 | Sacramento County, CA | 13 | $15.4M | 10.7% | |
| 4 | Contra Costa County, CA | 8 | $7.8M | 6.6% | |
| 5 | Monterey County, CA | 6 | $18.5M | 5.0% | |
| 6 | San Diego County, CA | 6 | $12.7M | 5.0% | |
| 7 | San Joaquin County, CA | 5 | $11.2M | 4.1% | |
| 8 | Orange County, CA | 5 | $7.4M | 4.1% | |
| 9 | Kern County, CA | 4 | $7.3M | 3.3% | |
| 10 | Solano County, CA | 3 | $11.2M | 2.5% | |
| 11 | Sonoma County, CA | 3 | $6.7M | 2.5% | |
| 12 | Alameda County, CA | 3 | $6.4M | 2.5% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 65 | 53.7% | |
| 2 | Accommodation and Food Services | 41 | 33.9% | |
| 3 | Other Services (except Public Administration) | 4 | 3.3% | |
| 4 | Transportation and Warehousing | 2 | 1.7% | |
| 5 | Retail Trade | 2 | 1.7% | |
| 6 | Construction | 2 | 1.7% | |
| 7 | Professional, Scientific, and Technical Services | 1 | 0.8% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 1 | 0.8% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 62 | 51.2% | |
| 2 | Traveler AccommodationNAICS 7211 | 37 | 30.6% | |
| 3 | Automotive Repair and MaintenanceNAICS 8111 | 4 | 3.3% | |
| 4 | Restaurants and Other Eating PlacesNAICS 7225 | 2 | 1.7% | |
| 5 | Support Activities for Road TransportationNAICS 4884 | 2 | 1.7% | |
| 6 | Drinking Places (Alcoholic Beverages)NAICS 7224 | 2 | 1.7% | |
| 7 | Offices of PhysiciansNAICS 6211 | 2 | 1.7% | |
| 8 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 1 | 0.8% | |
| 9 | Investigation and Security ServicesNAICS 5616 | 1 | 0.8% | |
| 10 | Grocery and Related Product Merchant WholesalersNAICS 4244 | 1 | 0.8% |
Approval sizes
- $150,001 to $350,0006.6%8
- $350,001 to $1 million41.3%50
- $1 million to $2 million21.5%26
- Over $2 million30.6%37
Loan terms
- Over 5 to 10 years11.6%14
- Over 10 to 20 years1.7%2
- Over 20 years86.8%105
Age of the businesses
- Existing, more than 2 years old27.3%33
- New business, 2 years or less18.2%22
- Startup, loan funds will open the business3.3%4
- Change of ownership51.2%62
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 121 | 100.0% |
Franchise share
20 of 121 approvals in FY2021–FY2025 (16.5%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | La Quinta by Wyndham | 4 | 3.3% | |
| 2 | Motel 6 | 3 | 2.5% | |
| 3 | SureStay | 3 | 2.5% | |
| 4 | Quality Inn | 2 | 1.7% | |
| 5 | Sleep Inn | 2 | 1.7% | |
| 6 | Comfort Inn | 1 | 0.8% | |
| 7 | Best Western | 1 | 0.8% | |
| 8 | Signature | 1 | 0.8% |
Questions and answers
How many SBA loans does Pinnacle Bank make?
SBA approved 10 7(a) loans through Pinnacle Bank in FY2025, worth $12.2M, and 121 over FY2021 to FY2025. That ranks 278th of 2,184 active 7(a) lenders by number of approvals.
How large are Pinnacle Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $1.0M and the average $1.7M. The program-wide median was $190K.
What is Pinnacle Bank's charge-off rate?
Of 323 disbursed loans approved in FY2010 to FY2021, SBA records 3 as charged off (0.9%), 223 as paid in full and 97 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 Pinnacle Bank lend to most?
By number of approvals in FY2021 to FY2025: continuing care retirement communities and assisted living facilities for the elderly (62); traveler accommodation (37); automotive repair and maintenance (4); restaurants and other eating places (2).
Where does Pinnacle Bank make SBA loans?
In 2 states and territories. California 119, Texas 2. In California it accounts for 0.3% of all 7(a) approvals.
Is Pinnacle Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 39, against 123 in the three before: falling (-68%).
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