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California · Mining & Energy
SBA loans for mining & energy in California
58 loans worth $39.1M approved since FY2010 for mining, quarrying, and oil and gas extraction projects located in California.
Loans
58
Approved
$39.1M
Median loan
$230,000
+1% vs sector nationally
Median rate
7.50%
Jobs supported
540
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 mining & energy in California
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Mortgage Capital Development Corporation | 3 | $7.9M | |
| Harvest Small Business Finance, LLC | 2 | $5.5M | |
| Byline Bank | 1 | $4.5M | |
| Superior California Economic Development, Inc. | 1 | $3.7M | |
| Columbia Bank | 3 | $2.8M | |
| Advantage Certified Development Corporation | 2 | $2.6M | |
| Cen Cal Business Finance Group | 4 | $1.9M | |
| U.S. Bank | 4 | $1.8M |
Detail
Which industries inside the sector
| Industry | Loans | Share |
|---|---|---|
| Construction Sand and Gravel Mining | 24 | |
| Support Activities for Oil and Gas Operations | 15 | |
| Drilling Oil and Gas Wells | 7 | |
| Other Nonmetallic Mineral Mining and Quarrying | 2 | |
| All Other Nonmetallic Mineral Mining | 2 | |
| Support Activities for Metal Mining | 2 | |
| Crude Petroleum Extraction | 2 | |
| Industrial Sand Mining | 1 |
An SBA 7(a) lender for loans this size
The median SBA loan approved for mining & energy in California since FY2010 was $230,000. 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.
Mining & Energy nationally
2,367 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to mining & energy businesses in California?
- 58 SBA loans totalling $39,088,600 have been approved for mining, quarrying, and oil and gas extraction projects in California since FY2010.
- Which lenders finance mining & energy in California?
- The most active by dollars approved are Mortgage Capital Development Corporation, Harvest Small Business Finance, LLC, Byline Bank, Superior California Economic Development, Inc.. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for mining & energy in California?
- The median approval is $230,000.
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