138 SBA loans worth $89.7M went to businesses in Huntsville, AL between October 2021 and June 2026, from 49 lenders. Newtek Bank made the most, 12 loans. The median loan was $350,000, compared with $290,000 across Alabama, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Newtek Bank Bank · Miami, FL | 12 | $5.2M | $225,000 | 8% |
| 2 | Huntington National Bank Bank · Columbus, OH | 10 | $4.4M | $207,500 | 40% |
| 3 | Pinnacle Bank Bank · Nashville, TN | 8 | $6.5M | $513,250 | 25% |
| 4 | Sabre Finance Non-bank lender · Birmingham, AL | 8 | $1.1M | $82,800 | 88% |
| 5 | BayFirst National Bank Bank · St. Petersburg, FL | 6 | $1.6M | $150,000 | 17% |
| 6 | Northeast Bank Bank · Portland, ME | 6 | $902K | $177,000 | 0% |
| 7 | Southern Development Council Certified development company · Mountain Brook, AL | 5 | $11.8M | $977,000 | 20% |
| 8 | Live Oak Banking Bank · Wilmington, NC | 5 | $9.9M | $1,440,000 | 40% |
| 9 | Birmingham Citywide Local Development Certified development company · Birmingham, AL | 5 | $6.1M | $1,414,000 | 20% |
| 10 | Celtic Bank Bank · Salt Lake City, UT | 5 | $2.0M | $150,000 | 20% |
| 11 | PNC Bank Bank · Wilmington, DE | 5 | $1.4M | $100,000 | 80% |
| 12 | Florida First Capital Finance Corporation Certified development company · Tallahassee, FL | 4 | $3.1M | $826,000 | 25% |
| 13 | Florida Business Development Certified development company · Tampa, FL | 4 | $1.9M | $324,500 | 25% |
| 14 | Wells Fargo Bank Bank · Sioux Falls, SD | 4 | $1.7M | $424,000 | 100% |
| 15 | SouthState Bank Bank · Winter Haven, FL | 4 | $818K | $206,250 | 50% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 31 | $489,500 | Birmingham Citywide Local Development | |
| Professional and technical services | 22 | $275,000 | Pinnacle Bank | |
| Construction | 14 | $327,800 | Huntington National Bank | |
| Other services (repair, personal care) | 14 | $383,250 | Huntington National Bank | |
| Retail | 12 | $171,500 | Sabre Finance | |
| Arts, entertainment and recreation | 10 | $663,250 | Florida First Capital Finance Corporation | |
| Health care and social assistance | 10 | $324,500 | PNC Bank | |
| Manufacturing | 5 | $1,111,000 | Florida First Capital Finance Corporation |