39 SBA loans worth $26.2M went to businesses in Desoto, TX between October 2021 and June 2026, from 28 lenders. Wells Fargo Bank made the most, 5 loans. The median loan was $250,000, compared with $320,600 across Texas, and retail was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Wells Fargo Bank Bank · Sioux Falls, SD | 5 | $810K | $15,000 | 100% |
| 2 | Newtek Bank Bank · Miami, FL | 3 | $2.3M | $430,800 | 0% |
| 3 | Metro City Bank Bank · Doraville, GA | 2 | $6.3M | $3,147,500 | 50% |
| 4 | One World Bank Bank · Dallas, TX | 2 | $795K | $397,300 | 50% |
| 5 | Huntington National Bank Bank · Columbus, OH | 2 | $750K | $375,000 | 0% |
| 6 | LiftFund Non-bank lender · San Antonio, TX | 2 | $403K | $201,500 | 100% |
| 7 | Northeast Bank Bank · Portland, ME | 2 | $87K | $43,500 | 0% |
| 8 | Greater East Texas Certified Development Certified development company · Tyler, TX | 1 | $4.0M | $3,995,000 | 100% |
| 9 | Capital Certified Development Certified development company · Austin, TX | 1 | $3.2M | $3,243,000 | 100% |
| 10 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 1 | $1.6M | $1,638,000 | 0% |
| 11 | AMPAC Tri-State CDC Certified development company · Ontario, CA | 1 | $1.6M | $1,612,000 | 0% |
| 12 | Southwestern National Bank Bank · Houston, TX | 1 | $990K | $990,000 | 0% |
| 13 | Bancorp Bank Bank · Sioux Falls, SD | 1 | $500K | $500,000 | 0% |
| 14 | First State Bank Bank · Shallowater, TX | 1 | $486K | $486,100 | 0% |
| 15 | Mechanics and Farmers Bank Bank · Durham, NC | 1 | $475K | $475,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Retail | 8 | $173,000 | JPMorgan Chase Bank | |
| Health care and social assistance | 6 | $201,500 | LiftFund | |
| Restaurants and hotels | 6 | $897,500 | Metro City Bank | |
| Other services (repair, personal care) | 6 | $1,023,500 | Newtek Bank | |
| Construction | 4 | $96,000 | U.S. Bank | |
| Transportation and warehousing | 3 | $15,000 | Wells Fargo Bank | |
| Professional and technical services | 3 | $52,500 | Wells Fargo Bank | |
| Arts, entertainment and recreation | 1 | $50,000 | Frost Bank |