52 SBA loans worth $24.3M went to businesses in Dothan, AL between October 2021 and June 2026, from 23 lenders. Wells Fargo Bank made the most, 7 loans. The median loan was $293,500, compared with $290,000 across Alabama, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Wells Fargo Bank Bank · Sioux Falls, SD | 7 | $454K | $15,000 | 100% |
| 2 | Southern Development Council Certified development company · Mountain Brook, AL | 5 | $3.1M | $677,000 | 0% |
| 3 | Northeast Bank Bank · Portland, ME | 5 | $418K | $50,000 | 20% |
| 4 | Birmingham Citywide Local Development Certified development company · Birmingham, AL | 4 | $2.9M | $612,500 | 25% |
| 5 | Newtek Bank Bank · Miami, FL | 4 | $2.1M | $405,000 | 0% |
| 6 | MidSouth Bank Bank · Dothan, AL | 4 | $1.1M | $158,700 | 100% |
| 7 | Live Oak Banking Bank · Wilmington, NC | 3 | $2.9M | $1,075,000 | 0% |
| 8 | PromiseOne Bank Bank · Duluth, GA | 2 | $1.9M | $945,000 | 100% |
| 9 | Regions Bank Bank · Birmingham, AL | 2 | $1.7M | $832,700 | 0% |
| 10 | Huntington National Bank Bank · Columbus, OH | 2 | $510K | $255,000 | 100% |
| 11 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 2 | $442K | $221,000 | 0% |
| 12 | BankPlus Bank · Belzoni, MS | 1 | $1.9M | $1,884,500 | 0% |
| 13 | Citizens Bank Bank · Elizabethton, TN | 1 | $986K | $986,300 | 0% |
| 14 | Troy Bank & Trust Bank · Troy, AL | 1 | $955K | $955,000 | 0% |
| 15 | Pathward Bank · Sioux Falls, SD | 1 | $830K | $830,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 10 | $440,500 | PromiseOne Bank | |
| Other services (repair, personal care) | 7 | $214,000 | Newtek Bank | |
| Retail | 7 | $375,000 | Southern Development Council | |
| Professional and technical services | 6 | $125,000 | Regions Bank | |
| Health care and social assistance | 4 | $665,000 | Live Oak Banking | |
| Manufacturing | 4 | $187,500 | MidSouth Bank | |
| Transportation and warehousing | 3 | $15,000 | Wells Fargo Bank | |
| Arts, entertainment and recreation | 3 | $777,000 | Readycap Lending |