54 SBA loans worth $26.8M went to businesses in Pelham, AL between October 2021 and June 2026, from 30 lenders. Huntington National Bank made the most, 6 loans. The median loan was $256,500, compared with $290,000 across Alabama, and retail was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 6 | $4.0M | $449,000 | 33% |
| 2 | BayFirst National Bank Bank · St. Petersburg, FL | 6 | $825K | $150,000 | 0% |
| 3 | Newtek Bank Bank · Miami, FL | 5 | $3.6M | $500,000 | 20% |
| 4 | Sabre Finance Non-bank lender · Birmingham, AL | 3 | $557K | $189,500 | 33% |
| 5 | United Midwest Savings Bank Bank · Degraff, OH | 3 | $375K | $150,000 | 100% |
| 6 | Pinnacle Bank Bank · Nashville, TN | 2 | $1.4M | $700,000 | 0% |
| 7 | Florida First Capital Finance Corporation Certified development company · Tallahassee, FL | 2 | $1.3M | $645,500 | 0% |
| 8 | ServisFirst Bank Bank · Birmingham, AL | 2 | $927K | $463,700 | 0% |
| 9 | Northeast Bank Bank · Portland, ME | 2 | $729K | $364,500 | 0% |
| 10 | Peoples Bank of Alabama Bank · Cullman, AL | 2 | $440K | $220,200 | 50% |
| 11 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 2 | $104K | $51,750 | 50% |
| 12 | Beacon Bank and Trust Bank · Boston, MA | 1 | $2.9M | $2,936,400 | 100% |
| 13 | Truist Bank Bank · Charlotte, NC | 1 | $2.1M | $2,090,000 | 0% |
| 14 | North State Bank Bank · Raleigh, NC | 1 | $1.3M | $1,267,000 | 100% |
| 15 | Birmingham Citywide Local Development Certified development company · Birmingham, AL | 1 | $1.1M | $1,125,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Retail | 9 | $229,000 | BayFirst National Bank | |
| Administrative and support services | 8 | $450,000 | Newtek Bank | |
| Professional and technical services | 7 | $150,000 | Readycap Lending | |
| Manufacturing | 5 | $263,000 | Sabre Finance | |
| Other services (repair, personal care) | 5 | $270,000 | Huntington National Bank | |
| Health care and social assistance | 4 | $685,500 | Central State Bank | |
| Construction | 4 | $449,000 | Huntington National Bank | |
| Wholesale trade | 3 | $677,400 | Pinnacle Bank |