Lenders › Summit State Bank
7(a) lenderSanta Rosa, CaliforniaFDIC-insured bank246th of 2,184 by approvals
Summit State 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.
Summit State Bank, based in Santa Rosa, California, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 145 of its 7(a) loans worth $314M in FY2021 to FY2025, which places it 246th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 16 approvals totalling $23.4M, down 33% on FY2024 (24). FY2026 to 30 Jun 2026 adds 15 more.
The median approval was $1.9M, 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 10 states and territories and 53 counties, led by California (69.0%), Washington (12.4%) and Arizona (9.0%). The largest industry group was accommodation and food services at 37.2% of approvals, and 27.6% of approvals were to franchise businesses.
Of 129 disbursed loans approved in FY2010 to FY2021, SBA records 0 as charged off (0.0%), 83 as paid in full and 46 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* | 15 | $17.2M | $878K | $1.1M | 231 |
| FY2025 | 16 | $23.4M | $885K | $1.5M | 206 |
| FY2024 | 24 | $38.8M | $1.1M | $1.6M | 309 |
| FY2023 | 20 | $30.8M | $863K | $1.5M | 305 |
| FY2022 | 28 | $67.4M | $2.1M | $2.4M | 517 |
| FY2021 | 57 | $154M | $2.3M | $2.7M | 1,181 |
| FY2020 | 28 | $55.6M | $1.7M | $2.0M | 764 |
| FY2019 | 34 | $55.7M | $1.1M | $1.6M | 715 |
| FY2018 | 15 | $20.9M | $838K | $1.4M | 180 |
| FY2017 | 6 | $7.7M | $1.1M | $1.3M | 181 |
| FY2016 | 0 | — | — | — | 0 |
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 83 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 | 144 | 79,249 | 639,905 |
| Cancelled or never disbursed | 15 | 10,102 | 79,313 |
| Disbursed loans | 129 | 69,147 | 560,592 |
| Paid in full | 83 | 52,688 | 435,813 |
| Charged off | 0 | 4,430 | 36,891 |
| Still outstanding (status exempt from disclosure) | 46 | 12,029 | 87,888 |
| Charged off, share of disbursed loans | 0.0% | 6.4% | 6.6% |
| Dollars charged off, share of disbursed dollars | 0.0% | 1.5% | 2.5% |
| Dollars charged off | $0 | $565M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 50 | 29 | 0 | 0.0% | 2.8% |
| FY2020 | 26 | 17 | 0 | — | 4.0% |
| FY2019 | 30 | 21 | 0 | 0.0% | 6.7% |
| FY2018 | 14 | 8 | 0 | — | 7.9% |
| FY2017 | 5 | 4 | 0 | — | 7.7% |
| FY2016 | 0 | 0 | 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 | 3 | 3 | 0 | — | 6.9% |
| FY2010 | 1 | 1 | 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 | $1.9M | $190K |
| Average approval | $2.2M | $518K |
| Approvals of $150,000 or less | 0.0% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 39.3% | 34.3% |
| Approvals to franchise businesses | 27.6% | 11.5% |
| Jobs supported per approval, as reported | 17.4 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 0.0% | 6.6% |
States served
| # | State of the business (10 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | California | 100 | $226M | 69.0% | |
| 2 | Washington | 18 | $37.1M | 12.4% | |
| 3 | Arizona | 13 | $33.4M | 9.0% | |
| 4 | Texas | 6 | $2.6M | 4.1% | |
| 5 | Nevada | 2 | — | 1.4% | |
| 6 | Colorado | 2 | — | 1.4% | |
| 7 | Utah | 1 | — | 0.7% | |
| 8 | South Carolina | 1 | — | 0.7% | |
| 9 | Louisiana | 1 | — | 0.7% | |
| 10 | Virginia | 1 | — | 0.7% |
In California the lender accounts for 0.3% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (53 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Sonoma County, CA | 16 | $34.5M | 11.0% | |
| 2 | Los Angeles County, CA | 15 | $31.0M | 10.3% | |
| 3 | Maricopa County, AZ | 8 | $18.6M | 5.5% | |
| 4 | King County, WA | 8 | $13.8M | 5.5% | |
| 5 | Sacramento County, CA | 6 | $20.3M | 4.1% | |
| 6 | San Bernardino County, CA | 5 | $17.8M | 3.4% | |
| 7 | Mendocino County, CA | 5 | $9.9M | 3.4% | |
| 8 | Orange County, CA | 5 | $9.4M | 3.4% | |
| 9 | San Joaquin County, CA | 4 | $15.7M | 2.8% | |
| 10 | Placer County, CA | 4 | $3.2M | 2.8% | |
| 11 | Pierce County, WA | 3 | $8.3M | 2.1% | |
| 12 | Alameda County, CA | 3 | $7.8M | 2.1% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 54 | 37.2% | |
| 2 | Other Services (except Public Administration) | 19 | 13.1% | |
| 3 | Retail Trade | 18 | 12.4% | |
| 4 | Health Care and Social Assistance | 9 | 6.2% | |
| 5 | Professional, Scientific, and Technical Services | 8 | 5.5% | |
| 6 | Arts, Entertainment, and Recreation | 7 | 4.8% | |
| 7 | Wholesale Trade | 5 | 3.4% | |
| 8 | Manufacturing | 5 | 3.4% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 38 | 26.2% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 13 | 9.0% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 13 | 9.0% | |
| 4 | Other Amusement and Recreation IndustriesNAICS 7139 | 7 | 4.8% | |
| 5 | Gasoline StationsNAICS 4471 | 4 | 2.8% | |
| 6 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 4 | 2.8% | |
| 7 | Lessors of Real EstateNAICS 5311 | 4 | 2.8% | |
| 8 | Beverage ManufacturingNAICS 3121 | 4 | 2.8% | |
| 9 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 3 | 2.1% | |
| 10 | Other Personal ServicesNAICS 8129 | 3 | 2.1% |
Approval sizes
- $150,001 to $350,0004.8%7
- $350,001 to $1 million29.0%42
- $1 million to $2 million23.4%34
- Over $2 million42.8%62
Loan terms
- Over 5 to 10 years26.9%39
- Over 10 to 20 years4.8%7
- Over 20 years68.3%99
Age of the businesses
- Existing, more than 2 years old55.2%80
- New business, 2 years or less9.7%14
- Startup, loan funds will open the business29.7%43
- Change of ownership4.8%7
- Not answered0.7%1
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 141 | 97.2% | |
| 2 | International Trade Loans | 4 | 2.8% |
Franchise share
40 of 145 approvals in FY2021–FY2025 (27.6%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Motel 6 | 8 | 5.5% | |
| 2 | Fairfield by Marriott | 2 | 1.4% | |
| 3 | SureStay | 2 | 1.4% | |
| 4 | AM/PM Mini-Mart Agreement | 2 | 1.4% | |
| 5 | Arco | 2 | 1.4% | |
| 6 | Best Western | 2 | 1.4% | |
| 7 | El Pollo Loco | 2 | 1.4% | |
| 8 | Super 8 by Wyndhan | 2 | 1.4% |
Questions and answers
How many SBA loans does Summit State Bank make?
SBA approved 16 7(a) loans through Summit State Bank in FY2025, worth $23.4M, and 145 over FY2021 to FY2025. That ranks 246th of 2,184 active 7(a) lenders by number of approvals.
How large are Summit State Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $1.9M and the average $2.2M. The program-wide median was $190K.
What is Summit State Bank's charge-off rate?
Of 129 disbursed loans approved in FY2010 to FY2021, SBA records 0 as charged off (0.0%), 83 as paid in full and 46 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 Summit State Bank lend to most?
By number of approvals in FY2021 to FY2025: traveler accommodation (38); automotive repair and maintenance (13); restaurants and other eating places (13); other amusement and recreation industries (7).
Where does Summit State Bank make SBA loans?
In 10 states and territories. California 100, Washington 18, Arizona 13, Texas 6, Nevada 2. In California it accounts for 0.3% of all 7(a) approvals.
Is Summit State Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 60, against 113 in the three before: falling (-47%).
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