SBA 7(a) lenders in Chambers, AL
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
26 institutions have SBA 7(a) loans on record in Chambers, together $32.8M across 43 loans. Metro City Bank is the largest, with 33% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Metro City Bank | 7 | $10.9M | 33.1% | 0.00% |
| 2 | The MINT National Bank | 1 | $4.7M | 14.3% | 0.00% |
| 3 | Pinnacle Bank | 3 | $4.0M | 12.3% | 0.00% |
| 4 | Renasant Bank | 2 | $2.7M | 8.3% | 0.00% |
| 5 | NewBank | 4 | $2.0M | 6.0% | 0.00% |
| 6 | River Bank and Trust | 1 | $1.2M | 3.7% | 0.00% |
| 7 | Coastal States Bank | 1 | $880K | 2.7% | 0.00% |
| 8 | FirstBank | 1 | $711K | 2.2% | 0.00% |
| 9 | Live Oak Banking Company | 1 | $630K | 1.9% | 0.00% |
| 10 | Ameris Bank | 1 | $615K | 1.9% | 0.00% |
| 11 | Colony Bank | 1 | $614K | 1.9% | 0.00% |
| 12 | JPMorgan Chase Bank, National Association | 1 | $500K | 1.5% | 0.00% |
| 13 | MidSouth Bank | 1 | $480K | 1.5% | 0.00% |
| 14 | Northeast Bank | 4 | $447K | 1.4% | 0.00% |
| 15 | Newtek Small Business Finance, Inc. | 1 | $440K | 1.3% | 0.00% |
| 16 | Bank Five Nine | 1 | $375K | 1.1% | 0.00% |
| 17 | Readycap Lending, LLC | 2 | $358K | 1.1% | 0.00% |
| 18 | BayFirst National Bank | 1 | $350K | 1.1% | 0.00% |
| 19 | Columbia Bank | 1 | $281K | 0.9% | 0.00% |
| 20 | Hanmi Bank | 1 | $210K | 0.6% | 0.00% |
| 21 | SouthState Bank, National Association | 1 | $200K | 0.6% | 0.00% |
| 22 | Celtic Bank Corporation | 1 | $150K | 0.5% | 0.00% |
| 23 | Redstone FCU | 1 | $45K | 0.1% | 44.71% |
| 24 | VelocitySBA, LLC | 2 | $20K | 0.1% | 0.00% |
| 25 | Newtek Bank, National Association | 1 | $20K | 0.1% | 0.00% |
| 26 | Wells Fargo Bank National Association | 1 | $15K | 0.0% | 0.00% |
Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.
What the money went into
| Rank | Industry | Loans | Approved | Share of county |
|---|---|---|---|---|
| 1 | Manufacturing | 5 | $9.6M | 29.2% |
| 2 | Retail trade | 8 | $8.7M | 26.5% |
| 3 | Arts, entertainment & recreation | 3 | $4.3M | 13.0% |
| 4 | Real estate & leasing | 3 | $2.5M | 7.6% |
| 5 | Other services | 4 | $2.0M | 6.2% |
| 6 | Accommodation & food services | 4 | $2.0M | 6.2% |
| 7 | Transportation & warehousing | 3 | $1.4M | 4.3% |
| 8 | Construction | 2 | $638K | 1.9% |
| 9 | Professional & technical services | 2 | $565K | 1.7% |
| 10 | Educational services | 4 | $536K | 1.6% |
| 11 | Retail trade | 3 | $316K | 1.0% |
| 12 | Health care & social assistance | 1 | $200K | 0.6% |
| 13 | Administrative & waste services | 1 | $18K | 0.1% |
Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.
About this data
Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.