SBA 7(a) lenders in Jackson, AL
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
20 institutions have SBA 7(a) loans on record in Jackson, together $33.0M across 43 loans. Live Oak Banking Company is the largest, with 16% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 3 | $5.3M | 16.2% | 0.00% |
| 2 | First Financial Bank | 5 | $5.3M | 16.0% | 0.00% |
| 3 | Touchmark National Bank | 1 | $5.0M | 15.1% | 0.00% |
| 4 | The Huntington National Bank | 3 | $4.0M | 12.1% | 0.00% |
| 5 | Metro City Bank | 1 | $3.0M | 9.1% | 0.00% |
| 6 | PNC Bank, National Association | 8 | $2.6M | 7.8% | 0.00% |
| 7 | United Midwest Savings Bank National Association | 2 | $1.5M | 4.6% | 0.00% |
| 8 | Millennium Bank | 2 | $1.5M | 4.4% | 0.00% |
| 9 | The Southern Bank Company | 1 | $1.3M | 3.8% | 0.00% |
| 10 | Regions Bank | 2 | $662K | 2.0% | 0.00% |
| 11 | Newtek Small Business Finance, Inc. | 2 | $500K | 1.5% | 0.00% |
| 12 | Hanover Community Bank | 1 | $476K | 1.4% | 0.00% |
| 13 | Tower Community Bank | 1 | $475K | 1.4% | 0.00% |
| 14 | Sabre Finance | 2 | $379K | 1.1% | 0.00% |
| 15 | BankPlus | 1 | $304K | 0.9% | 45.68% |
| 16 | Avadian Credit Union | 1 | $300K | 0.9% | 0.00% |
| 17 | Northeast Bank | 2 | $200K | 0.6% | 0.00% |
| 18 | Celtic Bank Corporation | 1 | $150K | 0.5% | 0.00% |
| 19 | Redstone FCU | 3 | $100K | 0.3% | 0.00% |
| 20 | TruFund Financial Services Inc | 1 | $50K | 0.2% | 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 | Agriculture, forestry & fishing | 10 | $10.6M | 32.0% |
| 2 | Health care & social assistance | 4 | $8.4M | 25.4% |
| 3 | Accommodation & food services | 5 | $3.4M | 10.3% |
| 4 | Wholesale trade | 2 | $3.0M | 8.9% |
| 5 | Retail trade | 3 | $2.1M | 6.5% |
| 6 | Real estate & leasing | 1 | $1.3M | 3.8% |
| 7 | Construction | 5 | $1.2M | 3.6% |
| 8 | Finance & insurance | 1 | $1.2M | 3.6% |
| 9 | Professional & technical services | 3 | $934K | 2.8% |
| 10 | Arts, entertainment & recreation | 3 | $728K | 2.2% |
| 11 | Retail trade | 2 | $200K | 0.6% |
| 12 | Transportation & warehousing | 3 | $90K | 0.3% |
| 13 | Manufacturing | 1 | $19K | 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.