SBA loans in California, FY2024

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 FY2024 (1 October 2023 to 30 September 2024) SBA approved 9,482 loans in California: 8,275 under 7(a) and 1,207 under 504, worth $5.54bn.

That is up 30% on FY2023, when there were 7,290 approvals worth $5.13bn.

California accounted for 12.4% of the 76,235 approvals nationwide that year. 221 lenders had at least one approval in the state; U.S. Bank, National Association had the most, 1,004.

9,482approvalsFY2023: 7,290

$5.54bndollars approvedFY2023: $5.13bn

$150Kmedian 7(a) approvalFY2023: $250K

221lenders with an approval

100,246jobs supported, as reported

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 FY2024, of 221 active.

#	Lender	Program	Approvals	Dollars	Share of state	FY2023	Change
1	U.S. Bank, National Association	7(a)	1,004	$243M	10.6%	695	+309
2	Newtek Bank, National Association	7(a)	582	$346M	6.1%	186	+396
3	Readycap Lending, LLC	7(a)	562	$154M	5.9%	164	+398
4	JPMorgan Chase Bank, National Association	7(a)	551	$164M	5.8%	338	+213
5	BayFirst National Bank	7(a)	493	$76.1M	5.2%	463	+30
6	Wells Fargo Bank National Association	7(a)	485	$154M	5.1%	462	+23
7	Lendistry SBLC, LLC	7(a)	446	$77.3M	4.7%	49	+397
8	Northeast Bank	7(a)	374	$46.7M	3.9%	60	+314
9	The Huntington National Bank	7(a)	349	$105M	3.7%	305	+44
10	Mortgage Capital Development Corporation	504	298	$415M	3.1%	320	-22
11	Bank of America, National Association	7(a)	279	$140M	2.9%	248	+31
12	Business Finance Capital	504	266	$357M	2.8%	215	+51
13	California Statewide Certified Development Corporation	504	212	$264M	2.2%	204	+8
14	Celtic Bank Corporation	7(a)	195	$105M	2.1%	150	+45
15	Live Oak Banking Company	7(a)	176	$245M	1.9%	153	+23
16	CDC Small Business Finance Corp.	7(a)	158	$29.0M	1.7%	214	-56
17	Bank of Hope	7(a)	143	$73.6M	1.5%	96	+47
18	Harvest Small Business Finance, LLC	7(a)	114	$130M	1.2%	118	-4
19	First Bank of the Lake	7(a)	105	$51.9M	1.1%	58	+47
20	Columbia Bank	7(a)	86	$19.4M	0.9%	31	+55
21	Banner Bank	7(a)	81	$35.1M	0.9%	37	+44
22	East West Bank	7(a)	76	$50.2M	0.8%	115	-39
23	Colony Bank	7(a)	72	$15.7M	0.8%	16	+56
24	Open Bank	7(a)	68	$71.1M	0.7%	69	-1
25	Zions Bank, A Division of	7(a)	68	$23.5M	0.7%	43	+25
26	City National Bank	7(a)	67	$90.2M	0.7%	85	-18
27	Capital Access Group, Inc.	504	66	$72.3M	0.7%	61	+5
28	Commonwealth Business Bank	7(a)	59	$46.5M	0.6%	69	-10
29	Plumas Bank	7(a)	58	$45.9M	0.6%	36	+22
30	United Midwest Savings Bank National Association	7(a)	56	$22.2M	0.6%	40	+16
31	CDC Small Business Finance Corp.	504	55	$58.4M	0.6%	112	-57
32	Advantage Certified Development Corporation	504	54	$68.0M	0.6%	25	+29
33	AMPAC Tri-State CDC, Inc.	504	53	$54.9M	0.6%	59	-6
34	Bay Area Employment Development Company	504	50	$52.7M	0.5%	54	-4
35	Southland Economic Development Corporation	504	49	$62.0M	0.5%	42	+7
36	Fifth Third Bank	7(a)	49	$18.7M	0.5%	75	-26
37	CalPrivate Bank	7(a)	48	$47.4M	0.5%	36	+12
38	Main Street Launch	7(a)	45	$11.4M	0.5%	18	+27
39	Mission Valley Bank	7(a)	44	$60.5M	0.5%	18	+26
40	Enterprise Bank & Trust	7(a)	43	$60.2M	0.5%	55	-12

Approvals by county

#	County	Approvals	Dollars	Share of state	FY2023	Change
1	Los Angeles County	2,843	$1.73bn	30.0%	2,169	+674
2	Orange County	1,056	$593M	11.1%	791	+265
3	San Diego County	901	$464M	9.5%	683	+218
4	Riverside County	610	$334M	6.4%	466	+144
5	San Bernardino County	498	$327M	5.3%	421	+77
6	Sacramento County	379	$211M	4.0%	288	+91
7	Santa Clara County	368	$252M	3.9%	263	+105
8	Alameda County	343	$212M	3.6%	268	+75
9	Contra Costa County	243	$105M	2.6%	182	+61
10	Ventura County	238	$103M	2.5%	161	+77
11	San Francisco County	199	$117M	2.1%	147	+52
12	San Mateo County	144	$86.8M	1.5%	90	+54
13	Fresno County	143	$80.3M	1.5%	125	+18
14	San Joaquin County	129	$90.1M	1.4%	79	+50
15	Kern County	120	$91.6M	1.3%	100	+20
16	Placer County	119	$80.8M	1.3%	130	-11
17	Sonoma County	115	$66.0M	1.2%	103	+12
18	Stanislaus County	101	$59.2M	1.1%	80	+21
19	Santa Barbara County	93	$55.5M	1.0%	60	+33
20	San Luis Obispo County	74	$40.2M	0.8%	62	+12
21	Solano County	71	$51.8M	0.7%	55	+16
22	Tulare County	64	$47.3M	0.7%	40	+24
23	Marin County	63	$24.0M	0.7%	45	+18
24	El Dorado County	62	$31.7M	0.7%	44	+18
25	Monterey County	55	$33.8M	0.6%	38	+17
26	Napa County	50	$33.4M	0.5%	35	+15
27	Yolo County	40	$23.4M	0.4%	33	+7
28	Shasta County	39	$25.2M	0.4%	36	+3
29	Butte County	34	$18.3M	0.4%	28	+6
30	Merced County	32	$35.0M	0.3%	25	+7
31	Santa Cruz County	29	$14.0M	0.3%	48	-19
32	Humboldt County	28	$9.4M	0.3%	30	-2
33	Nevada County	20	$11.2M	0.2%	22	-2
34	Imperial County	17	$3.5M	0.2%	18	-1
35	San Benito County	16	$7.5M	0.2%	6	+10
36	Kings County	15	$15.5M	0.2%	9	+6
37	Madera County	15	$6.7M	0.2%	17	-2
38	Tehama County	14	$8.7M	0.1%	1	+13
39	Yuba County	12	$3.4M	0.1%	9	+3
40	Lake County	12	$7.2M	0.1%	3	+9

The 40 counties with the most approvals; every county is on the California page.

FY2024 against FY2023

California	FY2024	FY2023
7(a) approvals	8,275	6,106
7(a) dollars	$4.03bn	$3.63bn
Median 7(a) approval	$150K	$250K
504 approvals	1,207	1,184
504 dollars	$1.51bn	$1.49bn
Jobs supported, as reported	100,246	83,517

Questions and answers

Which lenders made the most SBA loans in California in FY2024?

U.S. Bank, National Association (1,004), Newtek Bank, National Association (582), Readycap Lending, LLC (562), JPMorgan Chase Bank, National Association (551), BayFirst National Bank (493). 221 lenders had at least one approval.

How many SBA loans were approved in California in FY2024?

9,482: 8,275 under 7(a) worth $4.03bn and 1,207 under 504 worth $1.51bn.

Which California counties had the most SBA approvals in FY2024?

Los Angeles County (2,843), Orange County (1,056), San Diego County (901), Riverside County (610), San Bernardino County (498).

When does FY2024 start and end?

The federal fiscal year 2024 runs from 1 October 2023 to 30 September 2024.

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