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SBA Loans in Covington County, AL
7(a) and 504 loans approved, fiscal years 2022 to 2025
- Loans approved
- 8
- Amount approved
- $4.76M
- Jobs supported
- 39
- 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 |
|---|---|---|---|---|---|
| FY2025 | 3 | $553K | $184,333 | 2 | 1 |
| FY2024 | 4 | $4.02M | $1,006,100 | 3 | 1 |
| FY2022 | 1 | $182K | $182,000 | 0 | 1 |
Top industries
All years shown, by amount
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| Industry | Loans | Amount |
|---|---|---|
| Other Gasoline Stations | 2 | $2.39M |
| Truck Trailer Manufacturing | 1 | $1.41M |
| Full-Service Restaurants | 1 | $378K |
| Meat Retailers | 1 | $229K |
| Child Care Services | 1 | $182K |
| Sporting and Recreational Goods and Supplies Merchant Wholesalers | 1 | $150K |
| Newspaper Publishers | 1 | $25K |
Top lenders
7(a) lenders and 504 certified development companies, by amount
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| Lender | Loans | Amount |
|---|---|---|
| Pinnacle Bank | 2 | $2.39M |
| GBank | 1 | $1.41M |
| Southern Development Council | 2 | $607K |
| Florida Business Development Corporation | 1 | $182K |
| Stone Bank | 1 | $150K |
| First Northern Bank of Wyoming | 1 | $25K |
Source: U.S. Small Business Administration, 7(a) and 504 FOIA loan data · Last updated 06/30/2026