413 SBA loans worth $266.3M went to businesses in Birmingham, AL between October 2021 and June 2026, from 70 lenders. Huntington National Bank made the most, 47 loans. The median loan was $300,000, compared with $290,000 across Alabama, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 47 | $22.4M | $296,100 | 68% |
| 2 | Newtek Bank Bank · Miami, FL | 32 | $13.0M | $235,500 | 19% |
| 3 | Sabre Finance Non-bank lender · Birmingham, AL | 27 | $4.3M | $127,800 | 41% |
| 4 | Florida Business Development Certified development company · Tampa, FL | 17 | $16.4M | $497,000 | 6% |
| 5 | Southern Development Council Certified development company · Mountain Brook, AL | 17 | $12.0M | $596,000 | 6% |
| 6 | SouthPoint Bank Bank · Birmingham, AL | 15 | $12.8M | $395,000 | 73% |
| 7 | Northeast Bank Bank · Portland, ME | 14 | $3.2M | $206,050 | 14% |
| 8 | United Midwest Savings Bank Bank · Degraff, OH | 13 | $6.7M | $150,000 | 46% |
| 9 | Regions Bank Bank · Birmingham, AL | 11 | $6.7M | $399,200 | 36% |
| 10 | Wells Fargo Bank Bank · Sioux Falls, SD | 11 | $1.6M | $15,000 | 100% |
| 11 | BayFirst National Bank Bank · St. Petersburg, FL | 11 | $1.6M | $150,000 | 0% |
| 12 | Live Oak Banking Bank · Wilmington, NC | 10 | $12.0M | $587,500 | 30% |
| 13 | Community Bank of Mississippi Bank · Flowood, MS | 10 | $4.9M | $355,950 | 60% |
| 14 | Birmingham Citywide Local Development Certified development company · Birmingham, AL | 9 | $11.7M | $895,000 | 22% |
| 15 | Pinnacle Bank Bank · Nashville, TN | 9 | $10.0M | $752,500 | 44% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 84 | $342,950 | Sabre Finance | |
| Health care and social assistance | 49 | $225,000 | Huntington National Bank | |
| Other services (repair, personal care) | 41 | $200,000 | Huntington National Bank | |
| Professional and technical services | 40 | $230,500 | Regions Bank | |
| Retail | 40 | $500,000 | Central State Bank | |
| Administrative and support services | 31 | $250,000 | Huntington National Bank | |
| Transportation and warehousing | 26 | $260,000 | Wells Fargo Bank | |
| Construction | 25 | $250,000 | United Midwest Savings Bank |