SBA lender profile
Mechanics Bank
Mechanics Bank appears in the public SBA loan data with 659 funded 7(a) loans since FY2010, totaling $355.7M, an average of $540K per loan, and an estimated 11,560 jobs supported. Its SBA lending concentrates in California and the Health Care and Social Assistance sector. Across its 7(a) loans, the charge-off rate is 3.0%. 64.0% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 73
- Scale 86
- Activity 54
- Consistency 81
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Mechanics Bank the right lender for you?
Lenders fund what they know. Mechanics Bank's SBA lending concentrates in California (333 loans) and Health Care and Social Assistance (102 loans), at an average loan of $540K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $323M
- Headquarters
- Water Valley, MS
- FDIC cert
- #12206
- Status
- Inactive
Where Mechanics Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| California | 333 | $168.9M |
| Washington | 288 | $163.4M |
| Oregon | 24 | $12.9M |
| Hawaii | 8 | $7.8M |
| Texas | 1 | $1.2M |
| Idaho | 2 | $1.0M |
Metro areas where Mechanics Bank funds
What Mechanics Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Health Care and Social Assistance | 102 | $50.8M |
| Manufacturing | 64 | $41.7M |
| Wholesale Trade | 46 | $38.8M |
| Professional and Technical Services | 83 | $38.3M |
| Retail Trade | 71 | $34.7M |
| Accommodation and Food Services | 74 | $33.1M |
Mechanics Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 83 | $24.5M |
| 2011 | 63 | $37.1M |
| 2012 | 33 | $17.7M |
| 2013 | 33 | $15.4M |
| 2014 | 68 | $27.6M |
| 2015 | 78 | $51.1M |
| 2016 | 79 | $32.9M |
| 2017 | 73 | $47.5M |
| 2018 | 66 | $34.9M |
| 2019 | 38 | $29.8M |
| 2020 | 9 | $7.0M |
| 2021 | 10 | $9.5M |
| 2022 | 17 | $12.2M |
| 2023 | 7 | $7.3M |
| 2025 | 1 | $200K |
| 2026 | 1 | $1.0M |
Related SBA lenders
Other lenders active in California or in Health Care and Social Assistance.
Comparing lenders? See how to choose an SBA lender by track record.
Mechanics Bank: frequently asked questions
Does Mechanics Bank offer SBA loans?
Yes. Mechanics Bank appears in the public SBA data with 659 funded SBA 7(a) loans totaling $355.7M.
How many SBA loans has Mechanics Bank made?
Mechanics Bank is associated with 659 SBA 7(a) loans totaling $355.7M in the public SBA data (as of 2026-03-31).
What is Mechanics Bank's SBA charge-off rate?
About 3.0% of Mechanics Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does Mechanics Bank do most of its SBA lending?
Mechanics Bank's SBA lending in the data is most concentrated in California, and by industry in Health Care and Social Assistance.
Is Mechanics Bank an SBA Preferred Lender (PLP)?
The loan record shows Mechanics Bank operating under PLP delegated authority: 422 of its 7(a) loans (64.0%) were processed through the Preferred Lenders Program. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). Mechanics Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/mechanics-bank/
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