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California · Finance & Insurance
SBA loans for finance & insurance in California
2,374 loans worth $1.36B approved since FY2010 for finance and insurance projects located in California.
Loans
2,374
Approved
$1.36B
Median loan
$319,750
+60% vs sector nationally
Median rate
6.25%
Jobs supported
16,803
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to finance & insurance in California
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Live Oak Banking Company | 244 | $207.0M | |
| Wells Fargo Bank | 189 | $121.6M | |
| U.S. Bank | 217 | $106.8M | |
| Mortgage Capital Development Corporation | 86 | $74.1M | |
| CDC Small Business Finance Corp. | 109 | $59.2M | |
| Byline Bank | 44 | $53.2M | |
| California Statewide Certified Development Corporation | 60 | $46.5M | |
| Business Finance Capital | 51 | $40.6M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for finance & insurance in California since FY2010 was $319,750. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in California
135,894 loans across every sector.
Finance & Insurance nationally
18,357 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to finance & insurance businesses in California?
- 2,374 SBA loans totalling $1,362,632,000 have been approved for finance and insurance projects in California since FY2010.
- Which lenders finance finance & insurance in California?
- The most active by dollars approved are Live Oak Banking Company, Wells Fargo Bank, U.S. Bank, Mortgage Capital Development Corporation. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for finance & insurance in California?
- The median approval is $319,750, 60% above the national median for this sector ($200,000).
We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.