States › California › FY2018
FY20181 Oct 2017 – 30 Sep 2018
SBA loans in California, FY2018
That fiscal year's approvals by lender and by county.
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 FY2018 (1 October 2017 to 30 September 2018) SBA approved 8,407 loans in California: 7,282 under 7(a) and 1,125 under 504, worth $5.23bn.
That is about level with FY2017, when there were 9,054 approvals worth $5.48bn.
California accounted for 12.7% of the 66,228 approvals nationwide that year. 191 lenders had at least one approval in the state; Wells Fargo Bank National Association had the most, 870.
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.
Approvals by lender
The 40 lenders with the most approvals to California businesses in FY2018, of 191 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2017 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 7(a) | 870 | $336M | 10.3% | 1,349 | -479 |
| 2 | U.S. Bank, National Association | 7(a) | 732 | $243M | 8.7% | 615 | +117 |
| 3 | JPMorgan Chase Bank, National Association | 7(a) | 543 | $136M | 6.5% | 695 | -152 |
| 4 | Bank of Hope | 7(a) | 291 | $145M | 3.5% | 244 | +47 |
| 5 | CDC Small Business Finance Corp. | 504 | 218 | $266M | 2.6% | 261 | -43 |
| 6 | Celtic Bank Corporation | 7(a) | 208 | $75.3M | 2.5% | 199 | +9 |
| 7 | Mortgage Capital Development Corporation | 504 | 207 | $244M | 2.5% | 225 | -18 |
| 8 | Enterprise Bank & Trust | 7(a) | 198 | $208M | 2.4% | 241 | -43 |
| 9 | CDC Small Business Finance Corp. | 7(a) | 186 | $29.4M | 2.2% | 111 | +75 |
| 10 | BMO Bank National Association | 7(a) | 183 | $126M | 2.2% | 123 | +60 |
| 11 | BayFirst National Bank | 7(a) | 172 | $39.1M | 2.0% | 185 | -13 |
| 12 | Columbia Bank | 7(a) | 142 | $138M | 1.7% | 171 | -29 |
| 13 | Citizens Business Bank National Association | 7(a) | 132 | $88.0M | 1.6% | 170 | -38 |
| 14 | California Statewide Certified Development Corporation | 504 | 131 | $133M | 1.6% | 117 | +14 |
| 15 | East West Bank | 7(a) | 126 | $66.3M | 1.5% | 168 | -42 |
| 16 | Business Finance Capital | 504 | 121 | $135M | 1.4% | 134 | -13 |
| 17 | United Business Bank | 7(a) | 121 | $106M | 1.4% | 132 | -11 |
| 18 | Harvest Small Business Finance, LLC | 7(a) | 111 | $138M | 1.3% | 95 | +16 |
| 19 | Live Oak Banking Company | 7(a) | 107 | $164M | 1.3% | 124 | -17 |
| 20 | Commonwealth Business Bank | 7(a) | 99 | $82.7M | 1.2% | 119 | -20 |
| 21 | Stearns Bank National Association | 7(a) | 95 | $35.4M | 1.1% | 77 | +18 |
| 22 | Lendistry SBLC, LLC | 7(a) | 91 | $17.4M | 1.1% | 3 | +88 |
| 23 | Open Bank | 7(a) | 90 | $109M | 1.1% | 140 | -50 |
| 24 | PNC Bank, National Association | 7(a) | 87 | $26.0M | 1.0% | 162 | -75 |
| 25 | Zions Bank, A Division of | 7(a) | 86 | $24.4M | 1.0% | 48 | +38 |
| 26 | Hanmi Bank | 7(a) | 82 | $29.9M | 1.0% | 119 | -37 |
| 27 | Plumas Bank | 7(a) | 80 | $56.2M | 1.0% | 92 | -12 |
| 28 | Banner Bank | 7(a) | 76 | $13.4M | 0.9% | 93 | -17 |
| 29 | Fifth Third Bank | 7(a) | 75 | $23.6M | 0.9% | 120 | -45 |
| 30 | Northeast Bank | 7(a) | 74 | $15.0M | 0.9% | 59 | +15 |
| 31 | Bay Area Employment Development Company | 504 | 71 | $76.3M | 0.8% | 57 | +14 |
| 32 | Independence Bank | 7(a) | 70 | $8.2M | 0.8% | 99 | -29 |
| 33 | Newtek Small Business Finance, Inc. | 7(a) | 65 | $55.0M | 0.8% | 49 | +16 |
| 34 | Cen Cal Business Finance Group | 504 | 65 | $41.7M | 0.8% | 59 | +6 |
| 35 | PCB Bank | 7(a) | 62 | $61.0M | 0.7% | 96 | -34 |
| 36 | Capital Access Group, Inc. | 504 | 61 | $67.1M | 0.7% | 71 | -10 |
| 37 | Centerstone SBA Lending, Inc. | 7(a) | 58 | $73.7M | 0.7% | 53 | +5 |
| 38 | Southland Economic Development Corporation | 504 | 58 | $54.3M | 0.7% | 54 | +4 |
| 39 | Five Star Bank | 7(a) | 58 | $17.8M | 0.7% | 68 | -10 |
| 40 | Citibank, N.A. | 7(a) | 56 | $12.6M | 0.7% | 90 | -34 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2017 | Change |
|---|---|---|---|---|---|---|
| 1 | Los Angeles County | 2,397 | $1.58bn | 28.5% | 2,679 | -282 |
| 2 | Orange County | 919 | $592M | 10.9% | 940 | -21 |
| 3 | San Diego County | 786 | $353M | 9.3% | 808 | -22 |
| 4 | Riverside County | 518 | $335M | 6.2% | 487 | +31 |
| 5 | San Bernardino County | 449 | $314M | 5.3% | 537 | -88 |
| 6 | Sacramento County | 353 | $182M | 4.2% | 370 | -17 |
| 7 | Alameda County | 337 | $231M | 4.0% | 369 | -32 |
| 8 | Santa Clara County | 310 | $187M | 3.7% | 340 | -30 |
| 9 | Contra Costa County | 205 | $123M | 2.4% | 211 | -6 |
| 10 | Ventura County | 180 | $116M | 2.1% | 200 | -20 |
| 11 | San Francisco County | 179 | $111M | 2.1% | 227 | -48 |
| 12 | Fresno County | 173 | $91.1M | 2.1% | 171 | +2 |
| 13 | Placer County | 152 | $88.3M | 1.8% | 129 | +23 |
| 14 | San Mateo County | 128 | $69.3M | 1.5% | 131 | -3 |
| 15 | San Joaquin County | 118 | $94.5M | 1.4% | 152 | -34 |
| 16 | Kern County | 116 | $67.7M | 1.4% | 105 | +11 |
| 17 | Sonoma County | 113 | $58.8M | 1.3% | 127 | -14 |
| 18 | Santa Barbara County | 78 | $51.0M | 0.9% | 67 | +11 |
| 19 | Stanislaus County | 76 | $55.1M | 0.9% | 87 | -11 |
| 20 | San Luis Obispo County | 72 | $34.3M | 0.9% | 73 | -1 |
| 21 | Monterey County | 69 | $59.2M | 0.8% | 90 | -21 |
| 22 | Santa Cruz County | 62 | $44.9M | 0.7% | 69 | -7 |
| 23 | Marin County | 61 | $34.3M | 0.7% | 63 | -2 |
| 24 | Shasta County | 58 | $16.3M | 0.7% | 47 | +11 |
| 25 | Solano County | 54 | $56.6M | 0.6% | 64 | -10 |
| 26 | Tulare County | 49 | $31.0M | 0.6% | 59 | -10 |
| 27 | Yolo County | 43 | $37.2M | 0.5% | 24 | +19 |
| 28 | Butte County | 41 | $24.5M | 0.5% | 42 | -1 |
| 29 | El Dorado County | 41 | $26.3M | 0.5% | 57 | -16 |
| 30 | Napa County | 36 | $30.8M | 0.4% | 37 | -1 |
| 31 | Imperial County | 25 | $15.2M | 0.3% | 25 | 0 |
| 32 | Merced County | 20 | $14.1M | 0.2% | 43 | -23 |
| 33 | Humboldt County | 20 | $4.2M | 0.2% | 39 | -19 |
| 34 | Madera County | 19 | $12.1M | 0.2% | 24 | -5 |
| 35 | Sutter County | 18 | $14.2M | 0.2% | 15 | +3 |
| 36 | Nevada County | 17 | $7.9M | 0.2% | 22 | -5 |
| 37 | Mendocino County | 14 | $12.9M | 0.2% | 13 | +1 |
| 38 | Kings County | 12 | $12.2M | 0.1% | 8 | +4 |
| 39 | Tehama County | 11 | $2.5M | 0.1% | 17 | -6 |
| 40 | Glenn County | 10 | $3.9M | 0.1% | 1 | +9 |
The 40 counties with the most approvals; every county is on the California page.
FY2018 against FY2017
| California | FY2018 | FY2017 |
|---|---|---|
| 7(a) approvals | 7,282 | 7,856 |
| 7(a) dollars | $4.04bn | $4.23bn |
| Median 7(a) approval | $250K | $225K |
| 504 approvals | 1,125 | 1,198 |
| 504 dollars | $1.20bn | $1.25bn |
| Jobs supported, as reported | 89,847 | 97,764 |
Questions and answers
Which lenders made the most SBA loans in California in FY2018?
Wells Fargo Bank National Association (870), U.S. Bank, National Association (732), JPMorgan Chase Bank, National Association (543), Bank of Hope (291), CDC Small Business Finance Corp. (218). 191 lenders had at least one approval.
How many SBA loans were approved in California in FY2018?
8,407: 7,282 under 7(a) worth $4.04bn and 1,125 under 504 worth $1.20bn.
Which California counties had the most SBA approvals in FY2018?
Los Angeles County (2,397), Orange County (919), San Diego County (786), Riverside County (518), San Bernardino County (449).
When does FY2018 start and end?
The federal fiscal year 2018 runs from 1 October 2017 to 30 September 2018.
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