SBA Ledger

States › California

State12.3% of US approvals329 lenders active

SBA loans in California

7(a) and 504 approvals by fiscal year, the lenders behind them, and where in the state they went. Pick a fiscal year for that year's lenders and counties.

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.

Businesses in California received 42,016 SBA loan approvals worth $30.8bn in FY2021 to FY2025, 34,808 of them 7(a) loans and 7,208 504 loans.

That is 40.8 approvals for every 1,000 business establishments in the state, against 41.0 nationally, and 12.3% of all approvals in the country (1st of 54 states and territories).

In FY2025 there were 11,044 approvals totalling $6.60bn, up 16% on FY2024. The median 7(a) approval over the five years was $250K and the median 504 approval $884K.

329 lenders had at least one approval in the state; by number of 7(a) approvals the most active were U.S. Bank, National Association (4,216), Wells Fargo Bank National Association (1,990) and Northeast Bank (1,713).

Of 7(a) loans approved in FY2010 to FY2021 and disbursed, SBA records 6.4% as charged off, against 6.6% nationally.

11,044approvals, FY202542,016 in FY2021–FY2025
$6.60bnapproved, FY2025$30.8bn in FY2021–FY2025
40.8approvals per 1,000 establishments, FY2021–FY2025US: 41.0
$250Kmedian 7(a) approvalUS: $190K
6.4%7(a) loans approved FY2010–FY2021 charged offUS: 6.6%

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.

Most active 7(a) lenders in California

Ranked by number of approvals to businesses in the state, FY2021–FY2025. The column of bars shows each lender's approvals here in every fiscal year; the charged-off column is the lender's nationwide figure.

#LenderApprovals in CA, FY2021–25DollarsShareMedian approval, all statesFY2016–26Charged off, FY2010–21 loans
1U.S. Bank, National AssociationCincinnati, OH4,216$1.51bn12.1%$45K6.2%
2Wells Fargo Bank National AssociationSioux Falls, SD1,990$702M5.7%$15K7.9%
3Northeast BankLewiston, ME1,713$281M4.9%$106K12.8%
4Newtek Bank, National AssociationMiami, FL1,481$727M4.3%$225K—
5JPMorgan Chase Bank, National AssociationColumbus, OH1,480$439M4.3%$200K7.4%
6Readycap Lending, LLCBerkeley Heights, NJ1,409$662M4.0%$138K4.3%
7BayFirst National BankSaint Petersburg, FL1,409$242M4.0%$150K19.2%
8The Huntington National BankColumbus, OH1,393$433M4.0%$92K5.7%
9Lendistry SBLC, LLCLos Angeles, CA1,065$218M3.1%$150K22.7%
10Live Oak Banking CompanyWilmington, NC1,009$1.42bn2.9%$850K2.2%
11Bank of America, National AssociationCharlotte, NC926$439M2.7%$300K2.6%
12Celtic Bank CorporationSalt Lake City, UT891$647M2.6%$150K17.0%
13CDC Small Business Finance Corp.San Diego, CA884$153M2.5%$150K17.9%
14Harvest Small Business Finance, LLCLaguna Hills, CA723$877M2.1%$765K0.4%
15Bank of HopeLos Angeles, CA692$407M2.0%$350K6.5%
16Newtek Small Business Finance, Inc.Lake Success, NY552$383M1.6%$300K6.8%
17BMO Bank National AssociationChicago, IL471$450M1.4%$512K2.9%
18Commonwealth Business BankLos Angeles, CA469$480M1.3%$750K2.1%
19Enterprise Bank & TrustClayton, MO439$574M1.3%$941K1.1%
20East West BankPasadena, CA437$358M1.3%$500K4.1%
21Zions Bank, A Division ofSalt Lake City, UT404$189M1.2%$140K5.9%
22Columbia BankLake Oswego, OR387$280M1.1%$50K7.9%
23Fifth Third BankCincinnati, OH344$96.2M1.0%$200K5.5%
24Open BankLos Angeles, CA317$478M0.9%$1.1M1.3%
25Plumas BankQuincy, CA310$249M0.9%$528K2.7%
26CalPrivate BankLa Jolla, CA302$378M0.9%$855K1.5%
27First Bank of the LakeOsage Beach, MO295$218M0.8%$350K2.7%
28Banner BankWalla Walla, WA285$94.3M0.8%$100K3.2%
29City National BankLos Angeles, CA282$347M0.8%$887K1.8%
30United Midwest Savings Bank National AssociationDe Graff, OH271$96.6M0.8%$150K15.9%
31PCB BankLos Angeles, CA262$299M0.8%$850K3.0%
32US Metro BankGarden Grove, CA230$406M0.7%$1.6M2.0%
33Byline BankChicago, IL230$302M0.7%$806K9.5%
34Hanmi BankLos Angeles, CA218$200M0.6%$630K6.0%
35VelocitySBA, LLCIrving, TX214$222M0.6%$769K19.9%
36AMPAC Tri-State CDC, Inc.Ontario, CA198$34.1M0.6%$150K—
37Five Star BankRancho Cordova, CA184$71.7M0.5%$310K9.7%
38First Internet Bank of IndianaFishers, IN169$226M0.5%$895K5.3%
39FFB BankFresno, CA167$164M0.5%$682K2.4%
40West Coast Community BankSanta Cruz, CA160$168M0.5%$626K1.0%

504 certified development companies

#LenderApprovals in CA, FY2021–25DollarsShareMedian approval, all statesFY2016–26Charged off, FY2010–21 loans
1Mortgage Capital Development CorporationOakland, CA · 504 CDC1,571$2.17bn21.8%$913K0.3%
2Business Finance CapitalLos Angeles, CA · 504 CDC1,443$1.86bn20.0%$937K0.6%
3California Statewide Certified Development CorporationDavis, CA · 504 CDC1,124$1.39bn15.6%$886K0.1%
4CDC Small Business Finance Corp.San Diego, CA · 504 CDC853$1.06bn11.8%$824K0.4%
5Bay Area Employment Development CompanyConcord, CA · 504 CDC381$456M5.3%$820K0.3%
6Capital Access Group, Inc.San Francisco, CA · 504 CDC365$392M5.1%$806K0.4%
7AMPAC Tri-State CDC, Inc.Ontario, CA · 504 CDC307$349M4.3%$773K0.7%
8Southland Economic Development CorporationSanta Ana, CA · 504 CDC267$331M3.7%$901K0.4%
9Cen Cal Business Finance GroupFresno, CA · 504 CDC232$222M3.2%$574K0.5%
10Advantage Certified Development CorporationLong Beach, CA · 504 CDC194$294M2.7%$1.1M0.0%
11Greater Sacramento Certified Development CorporationNorth Highlands, CA · 504 CDC162$141M2.2%$610K0.3%
12Success Capital Expansion & Development CorporationModesto, CA · 504 CDC103$94.9M1.4%$525K0.0%

Fiscal-year ledger

Fiscal year7(a) approvals7(a) dollarsMedian 7(a)504 approvals504 dollarsAll approvalsJobs supported, as reported
FY2026*5,069$2.85bn$245K966$1.32bn6,03561,200
FY20259,692$4.81bn$200K1,352$1.79bn11,044112,619
FY20248,275$4.03bn$150K1,207$1.51bn9,482100,246
FY20236,106$3.63bn$250K1,184$1.49bn7,29083,517
FY20224,909$3.61bn$320K1,736$2.23bn6,64576,035
FY20215,826$5.75bn$565K1,729$1.94bn7,55588,018
FY20205,339$3.65bn$292K1,314$1.40bn6,65367,753
FY20196,303$3.48bn$250K1,228$1.20bn7,53177,652
FY20187,282$4.04bn$250K1,125$1.20bn8,40789,847
FY20177,856$4.23bn$225K1,198$1.25bn9,05497,764
FY20168,736$4.01bn$150K1,154$1.14bn9,890104,802

7(a) approvals504 approvals

919293949596979899000102030405060708091011121314151617181920212223242526
SBA approvals in California by fiscal year, FY1991 to FY2026.

Counties

Approvals in FY2021–FY2025 set against the Census Bureau's count of business establishments. Counties with at least 30 approvals have their own page.

#CountyApprovalsDollarsEstablishmentsPer 1,000 establishmentsBy fiscal year
1Los Angeles County12,242$9.33bn304,98840.1
2Orange County4,471$3.30bn106,96141.8
3San Diego County4,065$2.52bn93,40743.5
4Riverside County2,556$1.78bn46,24455.3
5San Bernardino County2,322$1.81bn42,57154.5
6Sacramento County1,663$1.14bn34,28048.5
7Santa Clara County1,593$1.35bn49,15432.4
8Alameda County1,579$1.19bn42,31837.3
9Contra Costa County1,044$632M25,93240.3
10Ventura County1,013$653M22,99244.1
11San Francisco County843$607M33,37825.3
12Fresno County695$525M19,14436.3
13Placer County685$451M12,18056.2
14Sonoma County633$437M14,57243.4
15San Mateo County589$456M21,56927.3
16Kern County584$465M14,35240.7
17San Joaquin County578$525M13,63842.4
18Stanislaus County406$319M10,01340.5
19Santa Barbara County398$299M12,48431.9
20San Luis Obispo County337$241M8,96237.6
21Solano County318$218M7,75541.0
22El Dorado County292$198M5,00558.3
23Marin County291$166M10,04929.0
24Monterey County268$214M9,21229.1
25Tulare County243$225M7,18933.8
26Santa Cruz County223$153M7,13631.3
27Shasta County222$159M4,50849.2
28Napa County209$163M4,48646.6
29Yolo County194$141M4,50943.0
30Butte County169$120M4,67736.1
31Merced County137$131M3,59238.1
32Nevada County113$72.1M3,32334.0
33Imperial County113$102M2,67742.2
34Humboldt County113$71.3M3,17835.6
35Sutter County94$53.3M2,24341.9
36Madera County85$94.9M2,36635.9
37Yuba County69$49.2M91575.4
38Mendocino County65$53.4M2,43226.7
39Kings County56$55.4M1,82130.8
40Tehama County56$32.6M99956.1
41Lake County46$33.6M1,08942.2
42Tuolumne County44$21.4M1,26634.8
43Calaveras County39$23.3M98639.6
44San Benito County39$24.8M1,16833.4
45Siskiyou County38$28.3M1,07035.5
46Amador County30$31.6M86834.6
47Plumas County28$31.2M60946.0
48Colusa County24$12.8M41757.6
49Glenn County22$11.8M51442.8
50Mono County21$23.4M62733.5
51Inyo County14$18.9M50527.7
52Trinity County10$6.0M23442.7
53Lassen County9$7.6M39422.8
54Mariposa County8$4.3M35922.3
55Del Norte County6$8.9M43113.9
56Modoc County6$4.9M16037.5
57Sierra County4$486K7255.6
58Alpine County2—4643.5

Industries

#Industry group (NAICS 4-digit)ApprovalsDollarsShare
1Restaurants and Other Eating PlacesNAICS 72253,779$2.23bn9.0%
2Automotive Repair and MaintenanceNAICS 81111,546$1.37bn3.7%
3Building Equipment ContractorsNAICS 23821,281$769M3.0%
4General Freight TruckingNAICS 48411,112$629M2.6%
5Offices of Other Health PractitionersNAICS 6213955$443M2.3%
6Residential Building ConstructionNAICS 2361905$279M2.2%
7Management, Scientific, and Technical Consulting ServicesNAICS 5416898$280M2.1%
8Personal Care ServicesNAICS 8121846$252M2.0%
9Other Specialty Trade ContractorsNAICS 2389800$520M1.9%
10Offices of DentistsNAICS 6212796$849M1.9%
11Offices of PhysiciansNAICS 6211781$791M1.9%
12Services to Buildings and DwellingsNAICS 5617779$328M1.9%
13Grocery StoresNAICS 4451748$577M1.8%
14Other Professional, Scientific, and Technical ServicesNAICS 5419745$600M1.8%
15Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412737$387M1.8%

Sectors

#NAICS sectorApprovalsShare
1Retail Trade5,72013.6%
2Accommodation and Food Services4,89311.6%
3Professional, Scientific, and Technical Services4,84711.5%
4Construction4,57410.9%
5Health Care and Social Assistance4,37910.4%
6Other Services (except Public Administration)3,6608.7%
7Manufacturing2,7576.6%
8Wholesale Trade2,7556.6%
9Transportation and Warehousing2,0064.8%
10Administrative and Support and Waste Management and Remediation Services1,7424.1%

Franchise brands

#BrandApprovalsShare
1The UPS Store1070.3%
2AM/PM Mini-Mart Agreement650.2%
3Motel 6420.1%
4Chevron420.1%
5Cold Stone Creamery380.1%
6Ace Hardware310.1%
7It's Boba Time310.1%
8Crumbl300.1%
9Mountain Mike's Pizza300.1%
10Paris Baguette290.1%

How earlier loans turned out

California, 7(a)6.4%
United States, 7(a)6.6%
California, 5040.4%
United States, 5041.2%
Share of disbursed loans approved FY2010–FY2021 that SBA records as charged off, by program.
Loans approved FY2010–FY2021CA 7(a)US 7(a)CA 504US 504
Approvals in these years79,249639,90516,14985,591
Cancelled or never disbursed10,10279,3131,90412,514
Disbursed loans69,147560,59214,24573,077
Paid in full52,688435,8137,21335,491
Charged off4,43036,89154905
Still outstanding (status exempt from disclosure)12,02987,8886,97836,681
Charged off, share of disbursed loans6.4%6.6%0.4%1.2%
Dollars charged off, share of disbursed dollars1.5%2.5%0.3%0.9%
Dollars charged off$565M$5.70bn$38.6M$499M

Approval sizes

Age of the businesses

Against the country

FY2021–FY2025CaliforniaUnited States
Approvals per 1,000 establishments40.841.0
Median 7(a) approval$250K$190K
Median 504 approval$884K$657K
504 share of approvals17.2%11.0%
Jobs supported per approval, as reported11.010.5
Approvals, change on FY2016–FY20201%10%

Questions and answers

Which lenders make the most SBA loans in California?

By 7(a) approvals in FY2021 to FY2025: U.S. Bank, National Association (4,216), Wells Fargo Bank National Association (1,990), Northeast Bank (1,713), Newtek Bank, National Association (1,481), JPMorgan Chase Bank, National Association (1,480). For 504 loans: Mortgage Capital Development Corporation (1,571), Business Finance Capital (1,443), California Statewide Certified Development Corporation (1,124). Volume says how active a lender is, nothing about terms or service.

How large are typical SBA loans in California?

The median 7(a) approval was $250K and the median 504 approval $884K; the average across both programs was $733K.

Which industries get the most SBA loans in California?

Restaurants and Other Eating Places (3,779); Automotive Repair and Maintenance (1,546); Building Equipment Contractors (1,281); General Freight Trucking (1,112); Offices of Other Health Practitioners (955).

Which California counties receive the most SBA loans?

Los Angeles County (12,242), Orange County (4,471), San Diego County (4,065), Riverside County (2,556), San Bernardino County (2,322), by approvals in FY2021 to FY2025.

Is SBA lending in California rising?

Approvals in the three latest complete fiscal years total 27,816, against 20,853 in the three before: rising (+33%).

What share of SBA loans in California are charged off?

Of 7(a) loans approved in FY2010 to FY2021 and disbursed, 6.4% are recorded as charged off (national: 6.6%); for 504 loans the figure is 0.4% (national: 1.2%). Newer loans are left out because most have not had time to reach either outcome.

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