26 SBA loans worth $16.7M went to businesses in Gulf Shores, AL between October 2021 and June 2026, from 20 lenders. SouthState Bank made the most, 3 loans. The median loan was $252,950, compared with $290,000 across Alabama, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | SouthState Bank Bank · Winter Haven, FL | 3 | $1.0M | $478,100 | 33% |
| 2 | United Community Bank Bank · Greenville, SC | 2 | $2.5M | $1,232,500 | 100% |
| 3 | Merchants & Marine Bank Bank · Pascagoula, MS | 2 | $1.1M | $573,900 | 100% |
| 4 | Northeast Bank Bank · Portland, ME | 2 | $540K | $270,000 | 0% |
| 5 | Live Oak Banking Bank · Wilmington, NC | 2 | $400K | $200,000 | 50% |
| 6 | MINT National Bank Bank · Kingwood, TX | 1 | $3.4M | $3,400,000 | 0% |
| 7 | Bancorp Bank Bank · Sioux Falls, SD | 1 | $2.5M | $2,480,000 | 0% |
| 8 | American Bank Bank · Covington, LA | 1 | $1.8M | $1,758,500 | 100% |
| 9 | Southern Development Council Certified development company · Mountain Brook, AL | 1 | $707K | $707,000 | 0% |
| 10 | Birmingham Citywide Local Development Certified development company · Birmingham, AL | 1 | $656K | $656,000 | 100% |
| 11 | First Bank of the Lake Bank · Osage Beach, MO | 1 | $640K | $640,000 | 100% |
| 12 | Hancock Whitney Bank Bank · Gulfport, MS | 1 | $275K | $275,000 | 100% |
| 13 | Citizens National Bank of Meridian Bank · Meridian, MS | 1 | $256K | $255,900 | 100% |
| 14 | Centennial Bank Bank · Conway, AR | 1 | $250K | $250,000 | 100% |
| 15 | Peoples Bank of Alabama Bank · Cullman, AL | 1 | $228K | $228,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 8 | $252,950 | United Community Bank | |
| Real estate and rental | 3 | $275,000 | Bancorp Bank | |
| Retail | 3 | $500,000 | MINT National Bank | |
| Finance and insurance | 2 | $200,000 | Live Oak Banking | |
| Construction | 2 | $293,750 | PNC Bank | |
| Arts, entertainment and recreation | 2 | $91,650 | Huntington National Bank | |
| Other services (repair, personal care) | 2 | $1,207,250 | American Bank | |
| Professional and technical services | 1 | $228,000 | Peoples Bank of Alabama |