See the national page for Full-Service Restaurants
Full-Service Restaurants in California: SBA acquisition loans
From FY2020 to Jun 30, 2026, California had 285 Full-Service Restaurants acquisition loans in the SBA 7(a) file.
California has about 14.0% of U.S. acquisition loans in this industry (285 of 2,029 loans).
Loans by fiscal year. Years with fewer than 10 loans are not shown.
- FY2020: 51
- FY2021: 30
- FY2022: 38
- FY2023: 49
- FY2024: 47
- FY2025: 35
- FY2026 (to Jun 30): 35
The median approved amount was $434,000. The middle half of approved amounts ran from $236,000 to $735,000.
Total approved was $178.2M. The median term was 120 months. The median initial rate was 8.75%.
About 90% of these loans have variable rates.
The seasoned charge-off rate was about 3%, against about 2% nationally. This rate is an estimate.
68 distinct lenders hold these loans in the SBA file. Lenders holding 10 or more loans, by count:
- Bank of Hope 50
- Hanmi Bank 32
- Plumas Bank 20
- Open Bank 14
- PCB Bank 10
Lender counts are facts from the file. They are not a ranking and not a recommendation.
Top counties by count:
- Los Angeles 85
- Orange 40
- Riverside 23
- San Bernardino 18
- Santa Clara 16
- San Diego 14
- Monterey 10
Franchises made up 4.6% of these loans.
Census 2023 counts 31,333 Full-Service Restaurants business locations in California. They have 628,541 employees and $20.81B in annual payroll.
14,821 of them have 10 to 49 employees.
Industry code: NAICS 722511. SBA changed industry codes in 2022. The same industry can appear under an old code (loans to FY2022) and a new code (loans from FY2022). Each page shows only its own code, so neither shows the full history.
California snapshot
| Measure | Value | What it means |
|---|---|---|
| Acquisition loans | 285 | Number of 7(a) loans labeled Change of Ownership, FY2020 to Jun 30, 2026. Cancelled loans are removed. |
| Loans by year |
| Acquisition loans by SBA fiscal year. FY2026 covers Oct 1 to Jun 30 only. Years with fewer than 10 loans are hidden. |
| Median approved amount | $434,000 | The middle approved amount. Half of the loans were approved for more and half for less. Gross approved amounts, rounded to $1,000. |
| Middle half of approved amounts | $236,000 to $735,000 | The range that holds the middle half of approved amounts, from the lower quarter mark to the upper quarter mark. |
| Total approved | $178.2M | The sum of all gross approved loan amounts in this cell. These are approved amounts, not money paid out. Rounded to $0.1 million. |
| Term | 120 months | The median loan term, in months. |
| Rate | 8.75% | The median initial interest rate. |
| Rate type | About 90% variable | How many of these loans have variable rates, rounded to the nearest 10%. |
| Seasoned charge-off rate | About 3% of 100 or more seasoned loans Estimate | The share of loans approved in FY2020 to FY2022 that SBA lists as charged off, counted by loans. Charged off is a loan status, not a business closing. Older loans have had more time to be charged off. With under 100 seasoned loans, this shows a band. With under 30, it is hidden. |
| National charge-off rate | About 2% Estimate | The same measure across all industries. It is about 2% by count. |
| Lenders in the SBA file | 68 | The number of distinct lenders that hold these loans in the SBA file. The file lists the current lender, which may not be the original lender. Counts are not a ranking or a recommendation. |
| Lenders holding the most loans | Bank of Hope 50 Hanmi Bank 32 Plumas Bank 20 Open Bank 14 PCB Bank 10 | Lenders that hold 10 or more loans in this cell, by count. Names come from public data. |
| Top counties | Los Angeles 85 Orange 40 Riverside 23 San Bernardino 18 Santa Clara 16 San Diego 14 Monterey 10 | Counties with the most acquisition loans in this cell. Counties with fewer than 10 loans are hidden. |
| Franchise share | 4.6% | The share of acquisition loans in this cell that were for franchises. Hidden when fewer than 10 loans were for franchises. |
Local business locations (Census 2023)
| Business locations | 31,333 | Census County Business Patterns 2023: business locations, employees and annual payroll for this industry and area. Census adds small amounts of noise. |
|---|---|---|
| Employees | 628,541 | |
| Annual payroll | $20.81B | |
| Business locations by employee count |
| |
| Business locations with 10 to 49 employees | 14,821 | Census count of local business locations in that size band. |
Data as of: Jun 30, 2026.