28 SBA loans worth $21.4M went to businesses in Red Oak, TX between October 2021 and June 2026, from 18 lenders. Huntington National Bank made the most, 4 loans. The median loan was $309,150, compared with $320,600 across Texas, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 4 | $805K | $217,500 | 50% |
| 2 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 3 | $1.1M | $445,000 | 67% |
| 3 | Newtek Bank Bank · Miami, FL | 3 | $625K | $100,000 | 67% |
| 4 | American Momentum Bank Bank · College Station, TX | 2 | $10.0M | $4,995,000 | 0% |
| 5 | United Midwest Savings Bank Bank · Degraff, OH | 2 | $1.2M | $610,000 | 50% |
| 6 | Northeast Bank Bank · Portland, ME | 2 | $144K | $71,950 | 50% |
| 7 | Bancorp Bank Bank · Sioux Falls, SD | 1 | $2.3M | $2,305,000 | 100% |
| 8 | Frost Bank Bank · San Antonio, TX | 1 | $1.5M | $1,538,000 | 100% |
| 9 | Grasshopper Bank Bank · New York, NY | 1 | $1.5M | $1,465,000 | 0% |
| 10 | Falcon National Bank Bank · Foley, MN | 1 | $585K | $585,000 | 100% |
| 11 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 1 | $350K | $350,000 | 0% |
| 12 | North Texas Certified Development Certified development company · Plano, TX | 1 | $349K | $349,000 | 0% |
| 13 | First Financial Bank Bank · Abilene, TX | 1 | $318K | $318,300 | 100% |
| 14 | Regions Bank Bank · Birmingham, AL | 1 | $300K | $300,000 | 0% |
| 15 | PeopleFund Non-bank lender · Austin, TX | 1 | $91K | $90,700 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 9 | $205,000 | Huntington National Bank | |
| Transportation and warehousing | 5 | $100,000 | Newtek Bank | |
| Other services (repair, personal care) | 4 | $3,230,000 | American Momentum Bank | |
| Health care and social assistance | 4 | $464,500 | Readycap Lending | |
| Retail | 3 | $150,000 | PeopleFund | |
| Education | 1 | $318,300 | First Financial Bank | |
| Restaurants and hotels | 1 | $1,538,000 | Frost Bank | |
| Professional and technical services | 1 | $1,070,000 | United Midwest Savings Bank |