SBA 7(a) lenders in Colbert, AL
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
22 institutions have SBA 7(a) loans on record in Colbert, together $21.7M across 30 loans. Renasant Bank is the largest, with 23% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Renasant Bank | 1 | $5.0M | 23.1% | 0.00% |
| 2 | First Community Bank | 1 | $5.0M | 23.1% | 0.00% |
| 3 | The Bank of Princeton | 1 | $2.5M | 11.3% | 0.00% |
| 4 | Regions Bank | 2 | $1.8M | 8.5% | 0.00% |
| 5 | Live Oak Banking Company | 2 | $1.8M | 8.2% | 0.00% |
| 6 | Newtek Small Business Finance, Inc. | 3 | $968K | 4.5% | 0.00% |
| 7 | PNC Bank, National Association | 3 | $950K | 4.4% | 0.00% |
| 8 | Embassy National Bank | 1 | $800K | 3.7% | 0.00% |
| 9 | Federal Land Bank Association of North America | 1 | $788K | 3.6% | 0.00% |
| 10 | First Financial Bank | 1 | $550K | 2.5% | 42.04% |
| 11 | Sabre Finance | 2 | $492K | 2.3% | 0.00% |
| 12 | United Community Bank | 1 | $350K | 1.6% | 0.00% |
| 13 | United Midwest Savings Bank National Association | 1 | $305K | 1.4% | 0.00% |
| 14 | Northeast Bank | 1 | $100K | 0.5% | 0.00% |
| 15 | Bank Independent | 1 | $76K | 0.3% | 0.00% |
| 16 | First Bank of the Lake | 1 | $75K | 0.3% | 0.00% |
| 17 | Columbia Bank | 1 | $50K | 0.2% | 58.36% |
| 18 | CBandS Bank | 1 | $35K | 0.2% | 0.00% |
| 19 | Celtic Bank Corporation | 1 | $25K | 0.1% | 0.00% |
| 20 | Redstone FCU | 1 | $25K | 0.1% | 0.00% |
| 21 | VelocitySBA, LLC | 2 | $13K | 0.1% | 52.48% |
| 22 | Wells Fargo Bank National Association | 1 | $10K | 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 | Accommodation & food services | 4 | $8.3M | 38.5% |
| 2 | Manufacturing | 1 | $5.0M | 23.1% |
| 3 | Other services | 5 | $2.7M | 12.6% |
| 4 | Manufacturing | 2 | $1.6M | 7.3% |
| 5 | Finance & insurance | 3 | $1.3M | 6.1% |
| 6 | Agriculture, forestry & fishing | 1 | $788K | 3.6% |
| 7 | Retail trade | 4 | $605K | 2.8% |
| 8 | Professional & technical services | 2 | $385K | 1.8% |
| 9 | Retail trade | 2 | $328K | 1.5% |
| 10 | Construction | 2 | $250K | 1.2% |
| 11 | Health care & social assistance | 2 | $231K | 1.1% |
| 12 | Educational services | 1 | $76K | 0.3% |
| 13 | Arts, entertainment & recreation | 1 | $50K | 0.2% |
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.