Checked
SBA Loans in Alabama
7(a) and 504 loans approved, fiscal years 2022 to 2026
- Loans approved
- 2,408
- Amount approved
- $1.62B
- Jobs supported
- 27,183
- As reported by borrowers
Counts and dollar amounts are SBA 7(a) and 504 loans approved in each federal fiscal year (October to September), from SBA's FOIA loan data. Loans are placed by the project county and the borrower's city. Borrower names are not shown. Jobs supported are the jobs borrowers reported when they applied.
Loans by fiscal year
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| Year | Loans | Amount | Average | 7(a) | 504 |
|---|---|---|---|---|---|
| FY2026 (through 06/30/2026) | 318 | $237M | $743,938 | 285 | 33 |
| FY2025 | 685 | $424M | $618,455 | 626 | 59 |
| FY2024 | 563 | $361M | $641,623 | 502 | 61 |
| FY2023 | 464 | $344M | $741,649 | 407 | 57 |
| FY2022 | 378 | $256M | $677,783 | 302 | 76 |
Top industries
All years shown, by amount
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| Industry | Loans | Amount |
|---|---|---|
| Hotels (except Casino Hotels) and Motels | 76 | $196M |
| Full-Service Restaurants | 293 | $178M |
| Chicken Egg Production | 67 | $81.2M |
| All Other Amusement and Recreation Industries | 96 | $67.52M |
| Car Washes | 78 | $55.25M |
| Lessors of Miniwarehouses and Self-Storage Units | 27 | $35.54M |
| Offices of Optometrists | 73 | $34.74M |
| Gasoline Stations with Convenience Stores | 35 | $30.99M |
| Offices of Dentists | 34 | $30.68M |
| Plumbing, Heating, and Air-Conditioning Contractors | 64 | $29.1M |
Top lenders
7(a) lenders and 504 certified development companies, by amount
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| Lender | Loans | Amount |
|---|---|---|
| Live Oak Banking Company | 104 | $157M |
| Florida Business Development Corporation | 89 | $94.79M |
| Southern Development Council | 92 | $94.39M |
| The Huntington National Bank | 162 | $82.55M |
| Newtek Bank, National Association | 189 | $70.02M |
| Pinnacle Bank | 45 | $64.64M |
| Birmingham Citywide Local Development Company | 46 | $53.42M |
| Florida First Capital Finance Corporation, Inc. | 56 | $51.39M |
| SouthPoint Bank | 33 | $29.06M |
| Readycap Lending, LLC | 90 | $28.26M |
By county
All years shown
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By city
Cities with at least 5 loans
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Source: U.S. Small Business Administration, 7(a) and 504 FOIA loan data · Last updated 06/30/2026