Alabama SBA Loan Data
17,450 loans totaling $6.7B across all SBA programs.
Total Loans
17,450
1992–2025
Total Volume
$6.7B
Gross approval amount
Avg Loan Size
$385K
Median: $154K
Avg Interest Rate
7.66%
Default rate: 15.1%
SBA Lending by County
Click any county to explore its loan data. Showing: Total Volume
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Counties in Alabama
| Jefferson → | 3,688 | $1.4B | $373K |
| Madison → | 1,783 | $571.0M | $320K |
| Mobile → | 1,419 | $471.6M | $332K |
| Shelby → | 1,081 | $448.7M | $415K |
| Montgomery → | 971 | $419.4M | $432K |
| Baldwin → | 960 | $387.7M | $404K |
| Lee → | 499 | $227.0M | $455K |
| Tuscaloosa → | 523 | $187.7M | $359K |
| Houston → | 488 | $175.3M | $359K |
| De Kalb → | 288 | $160.9M | $559K |
| Morgan → | 481 | $145.5M | $303K |
| Calhoun → | 360 | $139.8M | $388K |
| Marshall → | 391 | $134.1M | $343K |
| Cullman → | 252 | $111.9M | $444K |
| Etowah → | 279 | $111.1M | $398K |
| Limestone → | 232 | $79.9M | $344K |
| Saint Clair → | 182 | $79.6M | $437K |
| Pike → | 142 | $78.9M | $556K |
| Tallapoosa → | 122 | $71.5M | $586K |
| Autauga → | 128 | $69.7M | $545K |
| Walker → | 143 | $69.7M | $488K |
| Talladega → | 172 | $67.7M | $394K |
| Lauderdale → | 227 | $67.3M | $297K |
| Russell → | 120 | $58.6M | $488K |
| Elmore → | 140 | $53.8M | $384K |
Showing 1–25 of 68
Alabama Loan Status
Alabama Loan Status showing Active: 15.6%, Paid in Full: 57.1%, Charged Off: 12.9%, Cancelled: 13.5%, Committed: 0.8%
Active15.6%
Paid in Full57.1%
Charged Off12.9%
Cancelled13.5%
Committed0.8%
Note: Loans from 2023 and later may show lower default rates because they haven't had enough time to mature. Default rates typically stabilize after 5+ years.
Alabama Annual Lending Volume
Alabama Annual Lending Volume from 1992 to 2025
Number of Loans per Year
Number of Loans per Year from 1992 to 2025
Top Industries
Top Industries with 12 categories
Loan Size Distribution
Loan Size Distribution with 7 categories
Top Lenders in Alabama
| Live Oak Banking Company | 247 | $364.0M | $1.5M | 7.16% | 1.8% |
| PNC Bank, National Association | 1,781 | $302.5M | $170K | 8.05% | 11.3% |
| Regions Bank | 841 | $281.8M | $335K | 6.65% | 11.3% |
| Wells Fargo Bank National Association | 1,517 | $277.9M | $183K | 8.98% | 13.3% |
| Synovus Bank | 483 | $214.7M | $444K | 6.29% | 12.3% |
| ServisFirst Bank | 215 | $176.4M | $821K | 5.99% | 4.5% |
| Readycap Lending, LLC | 336 | $167.9M | $500K | 10.11% | 28.7% |
| Cadence Bank | 418 | $167.2M | $400K | 7.00% | 12.0% |
| Truist Bank | 388 | $118.9M | $307K | 6.34% | 10.8% |
| Metro City Bank | 114 | $112.1M | $983K | 5.85% | 1.0% |
| Renasant Bank | 270 | $112.0M | $415K | 6.96% | 13.6% |
| United Community Bank | 164 | $111.7M | $681K | 6.60% | 6.7% |
| SouthState Bank, National Association | 152 | $107.1M | $704K | 7.31% | 2.9% |
| First Financial Bank | 169 | $105.1M | $622K | 6.49% | 4.9% |
| Peoples Bank of Alabama | 173 | $98.3M | $568K | 6.25% | 5.8% |
| Ameris Bank | 256 | $94.1M | $367K | 6.01% | 10.7% |
| Valley National Bank | 220 | $90.6M | $412K | 6.20% | 5.8% |
| Newtek Small Business Finance, Inc. | 131 | $80.3M | $613K | 7.23% | 14.3% |
| Hancock Whitney Bank | 162 | $80.1M | $495K | 7.06% | 5.3% |
| FirstBank | 108 | $66.1M | $612K | 6.20% | 5.2% |
| SouthPoint Bank | 84 | $64.1M | $763K | 7.40% | 3.2% |
| Newtek Bank, National Association | 153 | $63.6M | $416K | 11.53% | 0.0% |
| Celtic Bank Corporation | 130 | $60.1M | $463K | 7.47% | 14.4% |
| AmSouth Bank | 302 | $57.8M | $192K | N/A | 13.3% |
| First Horizon Bank | 122 | $50.5M | $414K | 6.47% | 7.5% |
Get the Data
Download the complete SBA loan summary for all 50 states + DC and territories as a CSV — including loan counts, volume, rates, and default data.
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