Third Coast Bank approved 82 SBA loans worth $75.8M between October 2021 and June 2026, ranking #410 of 2,283 SBA lenders nationally by loan count. Its median loan was $508,000, and 46% went to startups or businesses under two years old. It lent in 7 states, most often in Texas, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Texas | 76 | $68.0M | $530,500 | #60 |
| Colorado | 1 | $230K | $230,200 | #236 |
| California | 1 | $234K | $234,000 | #305 |
| Louisiana | 1 | $5.0M | $5,000,000 | #151 |
| Minnesota | 1 | $378K | $378,000 | #244 |
| North Carolina | 1 | $437K | $437,000 | #214 |
| Oklahoma | 1 | $1.5M | $1,540,000 | #202 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 12 | $500,500 | |
| Other services (repair, personal care) | 12 | $416,500 | |
| Construction | 11 | $454,000 | |
| Health care and social assistance | 10 | $558,850 | |
| Professional and technical services | 7 | $1,000,000 | |
| Retail | 6 | $1,000,000 | |
| Real estate and rental | 5 | $510,000 | |
| Manufacturing | 5 | $828,700 | |
| Administrative and support services | 4 | $2,300,000 | |
| Arts, entertainment and recreation | 3 | $316,000 |