SBA 7(a) lenders in Franklin, AL
Approvals in SBA fiscal years 2009–2025. Source data as of 2026-06-30.
Lenders
19 institutions have SBA 7(a) loans on record in Franklin, together $17.4M across 26 loans. First Financial Bank is the largest, with 18% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | First Financial Bank | 5 | $3.2M | 18.4% | 0.00% |
| 2 | United Midwest Savings Bank National Association | 2 | $2.7M | 15.6% | 0.00% |
| 3 | Ameris Bank | 1 | $2.4M | 14.0% | 0.00% |
| 4 | Pinnacle Bank | 2 | $2.1M | 12.3% | 0.00% |
| 5 | Embassy National Bank | 1 | $1.6M | 9.1% | 0.00% |
| 6 | First National Bank of Pennsylvania | 1 | $1.0M | 5.8% | 0.00% |
| 7 | Metro City Bank | 1 | $880K | 5.1% | 0.00% |
| 8 | Live Oak Banking Company | 1 | $640K | 3.7% | 0.00% |
| 9 | Federal Land Bank Association of North America | 1 | $550K | 3.2% | 0.00% |
| 10 | Avadian Credit Union | 1 | $536K | 3.1% | 0.00% |
| 11 | BayFirst National Bank | 1 | $350K | 2.0% | 94.37% |
| 12 | Trustmark Bank | 1 | $350K | 2.0% | 0.00% |
| 13 | Newtek Bank, National Association | 1 | $300K | 1.7% | 0.00% |
| 14 | Celtic Bank Corporation | 2 | $300K | 1.7% | 0.00% |
| 15 | First Metro Bank | 1 | $178K | 1.0% | 77.86% |
| 16 | Independence Bank | 1 | $150K | 0.9% | 98.84% |
| 17 | Columbia Bank | 1 | $50K | 0.3% | 0.00% |
| 18 | Wells Fargo Bank National Association | 1 | $15K | 0.1% | 0.00% |
| 19 | VelocitySBA, LLC | 1 | $5K | 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 | $6.6M | 37.9% |
| 2 | Agriculture, forestry & fishing | 6 | $3.7M | 21.5% |
| 3 | Retail trade | 2 | $2.1M | 12.3% |
| 4 | Health care & social assistance | 3 | $1.7M | 9.7% |
| 5 | Retail trade | 3 | $1.4M | 7.8% |
| 6 | Professional & technical services | 2 | $1.0M | 5.9% |
| 7 | Finance & insurance | 2 | $500K | 2.9% |
| 8 | Administrative & waste services | 3 | $350K | 2.0% |
| 9 | Construction | 1 | $5K | 0.0% |
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.