44 SBA loans worth $31.2M went to businesses in Bessemer, AL between October 2021 and June 2026, from 20 lenders. Newtek Bank made the most, 9 loans. The median loan was $322,500, compared with $290,000 across Alabama, and other services (repair, personal care) was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Newtek Bank Bank · Miami, FL | 9 | $7.8M | $350,000 | 0% |
| 2 | BayFirst National Bank Bank · St. Petersburg, FL | 4 | $454K | $125,600 | 0% |
| 3 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 3 | $1.6M | $208,000 | 0% |
| 4 | Huntington National Bank Bank · Columbus, OH | 3 | $868K | $377,000 | 100% |
| 5 | Regions Bank Bank · Birmingham, AL | 3 | $820K | $264,600 | 33% |
| 6 | CenTrust Bank, A Division of SmartBiz Bank Bank · Northbrook, IL | 3 | $600K | $150,000 | 0% |
| 7 | Wells Fargo Bank Bank · Sioux Falls, SD | 3 | $365K | $15,000 | 67% |
| 8 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 2 | $1.5M | $764,000 | 0% |
| 9 | Renasant Bank Bank · Tupelo, MS | 2 | $738K | $369,250 | 0% |
| 10 | Northeast Bank Bank · Portland, ME | 2 | $100K | $50,000 | 0% |
| 11 | Hanover Community Bank Bank · Garden City Park, NY | 1 | $5.0M | $5,000,000 | 0% |
| 12 | Climate First Bank Bank · St. Petersburg, FL | 1 | $3.9M | $3,900,000 | 0% |
| 13 | Wings Credit Union Credit union · Colorado Springs, CO | 1 | $2.0M | $2,000,000 | 0% |
| 14 | ServisFirst Bank Bank · Birmingham, AL | 1 | $1.3M | $1,270,000 | 0% |
| 15 | Birmingham Citywide Local Development Certified development company · Birmingham, AL | 1 | $951K | $951,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Other services (repair, personal care) | 12 | $216,500 | Huntington National Bank | |
| Retail | 6 | $270,250 | BayFirst National Bank | |
| Manufacturing | 5 | $150,000 | CenTrust Bank, A Division of SmartBiz Bank | |
| Health care and social assistance | 3 | $340,000 | Wells Fargo Bank | |
| Arts, entertainment and recreation | 3 | $2,000,000 | Newtek Bank | |
| Wholesale trade | 3 | $926,000 | Florida First Capital Finance Corporation | |
| Transportation and warehousing | 3 | $466,000 | Huntington National Bank | |
| Construction | 3 | $350,000 | Newtek Bank |