SBA lending data · fiscal year 2025
16 lenders funded used car dealers in California last year
60 SBA 7(a) loans approved under NAICS 441120. Median approval $150,000, median term 120 months, median initial rate 11%.
What was actually approved
Half of all approvals in this industry and state fell between $141,475 and $300,625. A request well outside that band is not impossible — it draws more scrutiny on collateral and management experience.
The most active lenders
Ranked by how many loans each actually approved in this industry and state — not by advertising spend. A lender that has written twenty of these already knows the questions to ask.
- 1Northeast Bank24 loans · $5.2M
- 2Newtek Bank, National Association6 loans · $4.9M
- 3Celtic Bank Corporation6 loans · $0.8M
- 4Wells Fargo Bank National Association4 loans · $0.1M
- 5Zions Bank, A Division of3 loans · $1.2M
- 6BayFirst National Bank3 loans · $0.4M
- 7U.S. Bank, National Association3 loans · $4.5M
- 8Harvest Small Business Finance, LLC3 loans · $2.4M
- 9Plumas Bank1 loan · $0.2M
- 10City National Bank of Florida1 loan · $0.2M
- 11Bank of Hope1 loan · $0.3M
- 12PCR Small Business Development1 loan · $0.1M
This list is not a recommendation and these lenders have no relationship with this site. It reports approvals recorded in U.S. Small Business Administration, FOIA 7(a) and 504 loan approval data (data.sba.gov), fiscal year 2025, as of 2026-06-30.
Is this industry getting easier or harder to finance?
| Fiscal year | Loans | Lenders | Median approval |
|---|---|---|---|
| FY2023 | 37 | 19 | $100,000 |
| FY2024 | 34 | 14 | $150,000 |
| FY2025 | 60 | 16 | $150,000 |
Only completed fiscal years are shown. The SBA fiscal year ends 30 September; a partial year compared against full ones makes any industry look like it is closing.
Where this comes from
The SBA publishes every approved 7(a) and 504 loan under FOIA: the lender, the borrower's state, the industry code, the amount, the term and the initial rate. We indexed 4 fiscal years of it, alongside Census and BLS data. Figures on this page are as published on 2026-06-30.
This page reports approvals. It says nothing about how many applications were declined, and it is not a prediction about yours. This site is not affiliated with, endorsed by, or approved by the U.S. Small Business Administration.
Other industries in California
- Full-Service Restaurants · 461 loans
- Limited-Service Restaurants · 326 loans
- Fitness and Recreational Sports Centers · 190 loans
- Residential Remodelers · 172 loans
- Plumbing, Heating, and Air-Conditioning Contractors · 166 loans
- General Automotive Repair · 156 loans
- Snack and Nonalcoholic Beverage Bars · 150 loans
- Offices of Dentists · 136 loans
Used Car Dealers in other states
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