SBA 7(a) lenders in Madison, AL

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

104 institutions have SBA 7(a) loans on record in Madison, together $302.7M across 836 loans. The Huntington National Bank is the largest, with 9% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	The Huntington National Bank	55	$26.2M	8.7%	0.93%
2	Avadian Credit Union	36	$25.2M	8.3%	0.40%
3	Pinnacle Bank	29	$24.2M	8.0%	3.07%
4	Live Oak Banking Company	17	$18.9M	6.2%	0.53%
5	Redstone FCU	184	$12.3M	4.1%	9.06%
6	PNC Bank, National Association	105	$11.5M	3.8%	4.60%
7	Newtek Bank, National Association	22	$10.0M	3.3%	0.00%
8	Truist Bank	11	$8.8M	2.9%	0.00%
9	SouthState Bank, National Association	18	$8.3M	2.7%	3.28%
10	First Bank of the Lake	3	$7.4M	2.4%	0.00%
11	Celtic Bank Corporation	11	$7.2M	2.4%	1.03%
12	United Community Bank	12	$6.1M	2.0%	2.21%
13	Regions Bank	20	$6.1M	2.0%	4.21%
14	Wells Fargo Bank National Association	36	$5.7M	1.9%	4.74%
15	SouthPoint Bank	3	$5.6M	1.8%	0.00%
16	ServisFirst Bank	8	$5.3M	1.7%	0.00%
17	Readycap Lending, LLC	9	$5.1M	1.7%	0.00%
18	Metro City Bank	7	$4.9M	1.6%	0.00%
19	First Financial Bank	1	$4.5M	1.5%	0.00%
20	HomeTrust Bank	3	$4.2M	1.4%	0.00%
21	The Bancorp Bank National Association	5	$4.0M	1.3%	0.00%
22	Byline Bank	6	$3.6M	1.2%	0.00%
23	First National Bank of Pulaski	18	$3.0M	1.0%	3.76%
24	Northeast Bank	14	$3.0M	1.0%	0.00%
25	PromiseOne Bank	2	$2.9M	1.0%	0.00%
26	BayFirst National Bank	15	$2.9M	0.9%	0.00%
27	GBank	2	$2.8M	0.9%	0.00%
28	America First Federal Credit Union	2	$2.8M	0.9%	0.00%
29	Renasant Bank	5	$2.7M	0.9%	0.00%
30	Pathward National Association	2	$2.7M	0.9%	0.00%
31	Trustmark Bank	7	$2.6M	0.8%	0.00%
32	BizCapital BIDCO I, LLC	1	$2.5M	0.8%	0.00%
33	Fifth Third Bank	3	$2.5M	0.8%	13.72%
34	Citizens Bank & Trust	2	$2.3M	0.8%	0.00%
35	Peoples Bank and Trust Company	1	$2.2M	0.7%	0.00%
36	Commonwealth Business Bank	1	$1.9M	0.6%	0.00%
37	CRF Small Business Loan Company, LLC	1	$1.9M	0.6%	0.00%
38	First Bank	1	$1.9M	0.6%	0.00%
39	Citizens Bank	3	$1.9M	0.6%	0.00%
40	Beacon Bank and Trust	2	$1.7M	0.6%	0.00%
41	United Bank	1	$1.7M	0.6%	0.00%
42	Sabre Finance	11	$1.7M	0.6%	0.00%
43	Bryant Bank	5	$1.6M	0.5%	0.00%
44	Bank of Hope	11	$1.6M	0.5%	26.74%
45	Bank Five Nine	5	$1.6M	0.5%	35.42%
46	VelocitySBA, LLC	12	$1.6M	0.5%	0.00%
47	Shinhan Bank America	2	$1.6M	0.5%	0.00%
48	Glacier Bank	1	$1.5M	0.5%	0.00%
49	First Western SBLC, LLC	1	$1.4M	0.5%	0.00%
50	United Midwest Savings Bank National Association	11	$1.4M	0.5%	18.97%
51	River Bank and Trust	3	$1.3M	0.4%	0.00%
52	Truliant FCU	1	$1.3M	0.4%	0.00%
53	JPMorgan Chase Bank, National Association	1	$1.3M	0.4%	0.00%
54	Stearns Bank National Association	6	$1.2M	0.4%	2.76%
55	First-Citizens Bank & Trust Company	2	$1.2M	0.4%	69.50%
56	FirstBank	2	$1.1M	0.4%	0.00%
57	KeyBank National Association	3	$1.1M	0.4%	0.00%
58	Ameris Bank	2	$1.1M	0.4%	0.00%
59	Bank Independent	3	$1.0M	0.3%	0.00%
60	ACC Capital	1	$989K	0.3%	0.00%
61	Columbia Bank	9	$929K	0.3%	9.14%
62	Coastal States Bank	1	$914K	0.3%	0.00%
63	UniBank	1	$898K	0.3%	0.00%
64	Newtek Small Business Finance, Inc.	2	$799K	0.3%	0.00%
65	The Citizens National Bank of Meridian	3	$770K	0.3%	0.00%
66	CenTrust Bank, A Division of SmartBiz Bank National Association	4	$768K	0.3%	0.00%
67	East West Bank	4	$700K	0.2%	0.00%
68	Mission Valley Bank	1	$679K	0.2%	0.00%
69	Lendistry SBLC, LLC	2	$645K	0.2%	0.00%
70	Sonata Bank	1	$635K	0.2%	0.00%
71	Popular Bank	4	$625K	0.2%	39.48%
72	Valley National Bank	1	$542K	0.2%	0.00%
73	Cache Valley Bank	2	$500K	0.2%	0.00%
74	1st Financial Bank USA	1	$500K	0.2%	3.79%
75	FDIC - Community Bank & Trust-West Georgia	1	$500K	0.2%	0.00%
76	BankFirst Financial Services	2	$422K	0.1%	0.00%
77	Florida Capital Bank, National Association	1	$391K	0.1%	40.77%
78	Harvest Small Business Finance, LLC	1	$360K	0.1%	0.00%
79	Loyal Trust Bank	1	$360K	0.1%	0.00%
80	Brightbridge, Inc.	2	$316K	0.1%	17.52%
81	Georgia Banking Company	1	$306K	0.1%	75.01%
82	Magnifi Financial CU	1	$286K	0.1%	0.00%
83	Independence Bank	2	$275K	0.1%	42.23%
84	First Horizon Bank	1	$235K	0.1%	0.00%
85	Peoples Bank of Alabama	1	$230K	0.1%	0.00%
86	Community West Bank	1	$227K	0.1%	0.00%
87	Craft Bank	1	$218K	0.1%	0.00%
88	Uwharrie Bank	1	$216K	0.1%	93.21%
89	First Jackson Bank	1	$216K	0.1%	0.00%
90	Farmers State Bank of Alto Pass, Illinois	1	$200K	0.1%	0.00%
91	Commonwealth National Bank	1	$200K	0.1%	63.22%
92	Simmons Bank	1	$172K	0.1%	0.00%
93	Seacoast National Bank	1	$165K	0.1%	0.00%
94	First Savings Bank	1	$160K	0.1%	0.00%
95	Lake Forest Bank & Trust Company, National Association	1	$150K	0.0%	0.00%
96	Colony Bank	1	$132K	0.0%	0.00%
97	SmartBank	1	$131K	0.0%	0.00%
98	Old National Bank	1	$126K	0.0%	0.00%
99	Florida First Capital Finance Corporation, Inc.	1	$104K	0.0%	0.00%
100	U.S. Bank, National Association	1	$100K	0.0%	0.00%
101	Oconee State Bank	1	$100K	0.0%	0.00%
102	Buckeye State Bank	1	$90K	0.0%	0.00%
103	North Alabama Bank	1	$69K	0.0%	0.00%
104	Randolph-Brooks FCU	1	$50K	0.0%	97.97%

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	127	$62.8M	20.7%
2	Professional & technical services	120	$50.4M	16.7%
3	Other services	84	$28.2M	9.3%
4	Retail trade	67	$22.8M	7.5%
5	Health care & social assistance	57	$19.3M	6.4%
6	Manufacturing	33	$18.2M	6.0%
7	Construction	75	$16.8M	5.6%
8	Arts, entertainment & recreation	46	$16.6M	5.5%
9	Wholesale trade	23	$8.8M	2.9%
10	Administrative & waste services	50	$8.1M	2.7%
11	Manufacturing	17	$7.9M	2.6%
12	Retail trade	33	$7.8M	2.6%
13	Real estate & leasing	17	$6.2M	2.1%
14	Transportation & warehousing	21	$6.2M	2.0%
15	Educational services	19	$5.3M	1.7%
16	Agriculture, forestry & fishing	2	$4.5M	1.5%
17	Finance & insurance	15	$4.4M	1.5%
18	Information	8	$3.4M	1.1%
19	Manufacturing	12	$2.4M	0.8%
20	Transportation & warehousing	3	$1.1M	0.4%
21	Public administration	2	$550K	0.2%
22	Management of companies	2	$527K	0.2%
23	Utilities	2	$250K	0.1%
24	Mining & extraction	1	$35K	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.