Small Business Owner Resource
The past, present, and future of SBA 7(a) lending for California.
In 2022 there were 201 SBA lenders that approved 5,420 SBA 7(a) loans for projects in California totaling $3,996,845,300. The average loan amount was $737,425. Borrowers from 625 cities were approved for projects in California for 582 industries. The SBA loan approvals in 2022 represent 61,702 jobs supported or saved in California.
There were 284 franchise branded businesses receiving 604 loan approvals for $641,540,600 with an average loan amount of $1,062,153.
Our forecast model projects $4.5 billion in total California SBA 7(a) loan approval amounts in 2023 with $727 million to franchise businesses.
California Lending Data For All SBA 7(a) Loans:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
California Lending Data For Franchise SBA 7(a) Loans Only:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
This intel is provided by SBADNA, an SBAmatch sister company.
Our SBA Lending Experts can leverage this intel with long-standing banking relationships to help you find the right loan for FREE.
