SBA 7(a) lenders in Mobile, AL

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

Lenders

100 institutions have SBA 7(a) loans on record in Mobile, together $288.0M across 722 loans. Live Oak Banking Company is the largest, with 9% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Live Oak Banking Company	21	$26.3M	9.1%	0.00%
2	PNC Bank, National Association	171	$26.1M	9.1%	1.64%
3	Hancock Whitney Bank	44	$15.7M	5.4%	0.00%
4	Wells Fargo Bank National Association	95	$11.9M	4.1%	1.02%
5	Readycap Lending, LLC	15	$11.8M	4.1%	0.00%
6	Regions Bank	19	$11.4M	4.0%	0.00%
7	The Huntington National Bank	16	$8.3M	2.9%	11.49%
8	First Horizon Bank	8	$7.2M	2.5%	0.00%
9	Community Bank of Mississippi	19	$7.1M	2.5%	3.42%
10	Celtic Bank Corporation	7	$7.0M	2.4%	2.75%
11	22nd State Bank, A Division of 22nd State Banking Company	8	$6.7M	2.3%	0.00%
12	GBank	2	$6.5M	2.3%	0.00%
13	Metro City Bank	3	$6.0M	2.1%	0.00%
14	Climate First Bank	2	$5.7M	2.0%	0.00%
15	Coastal States Bank	7	$4.6M	1.6%	0.00%
16	Commonwealth National Bank	7	$4.5M	1.6%	0.00%
17	Newtek Bank, National Association	21	$4.5M	1.5%	0.00%
18	Fund-Ex Solutions Group, LLC	1	$4.3M	1.5%	96.26%
19	United Community Bank	5	$4.3M	1.5%	14.81%
20	Commonwealth Business Bank	1	$4.0M	1.4%	0.00%
21	Byline Bank	5	$3.7M	1.3%	0.00%
22	Lender 2582371	2	$3.6M	1.3%	0.00%
23	Embassy National Bank	3	$3.6M	1.2%	0.00%
24	Shoreham Bank	2	$3.6M	1.2%	0.00%
25	BayFirst National Bank	14	$3.4M	1.2%	6.80%
26	State Bank of Texas	1	$3.3M	1.2%	0.00%
27	Renasant Bank	9	$3.3M	1.2%	0.00%
28	Trustmark Bank	22	$3.1M	1.1%	0.00%
29	Enterprise Bank & Trust	3	$3.1M	1.1%	0.00%
30	Citizens Bank	1	$2.9M	1.0%	0.00%
31	United Midwest Savings Bank National Association	7	$2.9M	1.0%	0.00%
32	Oakworth Capital Bank	2	$2.9M	1.0%	0.00%
33	Northeast Bank	23	$2.8M	1.0%	3.03%
34	PromiseOne Bank	4	$2.6M	0.9%	0.00%
35	Centerstone SBA Lending, Inc.	2	$2.6M	0.9%	0.00%
36	Lender 2057189	6	$2.4M	0.8%	0.00%
37	UniBank	1	$2.3M	0.8%	0.00%
38	ServisFirst Bank	5	$2.2M	0.8%	7.03%
39	North State Bank	1	$2.1M	0.7%	0.00%
40	Beacon Bank and Trust	1	$1.9M	0.7%	0.00%
41	Pinnacle Bank	2	$1.9M	0.6%	23.50%
42	US Metro Bank	1	$1.8M	0.6%	0.00%
43	Peoples Bank	4	$1.7M	0.6%	0.00%
44	First Internet Bank of Indiana	2	$1.7M	0.6%	0.00%
45	Milestone Bank	1	$1.6M	0.6%	0.00%
46	SouthState Bank, National Association	5	$1.6M	0.6%	0.00%
47	Loyal Trust Bank	1	$1.6M	0.5%	0.00%
48	Gulf Coast Bank	1	$1.6M	0.5%	0.00%
49	BankPlus	9	$1.4M	0.5%	0.00%
50	Port 51 Lending LLC	1	$1.3M	0.5%	0.00%
51	Touchmark National Bank	1	$1.3M	0.5%	0.00%
52	Banesco USA	1	$1.3M	0.4%	0.00%
53	Customers Bank	2	$1.3M	0.4%	0.00%
54	Simmons Bank	1	$1.2M	0.4%	0.00%
55	The Bancorp Bank National Association	2	$1.2M	0.4%	0.00%
56	First Utah Bank	1	$1.1M	0.4%	0.00%
57	Bank Five Nine	2	$1.0M	0.4%	0.00%
58	Business Loan Center, LLC	1	$1.0M	0.3%	0.00%
59	Federal Deposit Insurance Corporation	1	$992K	0.3%	27.26%
60	Cogent Bank	1	$990K	0.3%	0.00%
61	Lendistry SBLC, LLC	6	$970K	0.3%	0.00%
62	Stone Bank	1	$965K	0.3%	0.00%
63	Gulf Coast Bank and Trust Company	2	$959K	0.3%	0.00%
64	First Merchants Bank	1	$934K	0.3%	0.00%
65	Truist Bank	6	$919K	0.3%	0.00%
66	Georgia's Own Credit Union	1	$902K	0.3%	0.00%
67	BankFirst Financial Services	5	$897K	0.3%	0.00%
68	First Bank of the Lake	2	$805K	0.3%	0.00%
69	IncredibleBank	1	$786K	0.3%	0.00%
70	Bank of America, National Association	2	$715K	0.2%	0.00%
71	Capital Bank, National Association	1	$667K	0.2%	0.00%
72	Columbia Bank	20	$639K	0.2%	13.70%
73	Independence Bank	5	$625K	0.2%	58.86%
74	Harvest Small Business Finance, LLC	2	$621K	0.2%	0.00%
75	The Citizens National Bank of Meridian	2	$551K	0.2%	0.00%
76	First Financial Bank	2	$500K	0.2%	67.61%
77	PCB Bank	1	$483K	0.2%	0.00%
78	Stearns Bank National Association	2	$477K	0.2%	0.00%
79	SmartBank	1	$432K	0.2%	86.99%
80	Merchants & Marine Bank	1	$404K	0.1%	0.00%
81	FirstBank	1	$400K	0.1%	67.55%
82	First National Bank of Pennsylvania	1	$368K	0.1%	0.00%
83	Banc of California	1	$344K	0.1%	0.00%
84	Seacoast National Bank	1	$300K	0.1%	0.00%
85	Heritage Bank Inc	2	$300K	0.1%	0.00%
86	First US Bank	1	$277K	0.1%	0.00%
87	Community West Bank	1	$260K	0.1%	96.76%
88	United Bank	3	$255K	0.1%	0.00%
89	River Bank and Trust	1	$250K	0.1%	0.00%
90	Fifth Third Bank	1	$237K	0.1%	63.10%
91	Five Star Bank	2	$220K	0.1%	0.00%
92	Central Bank	1	$203K	0.1%	0.00%
93	BankTrust	1	$171K	0.1%	0.00%
94	Redstone FCU	3	$110K	0.0%	28.38%
95	Colony Bank	1	$105K	0.0%	0.00%
96	VelocitySBA, LLC	6	$68K	0.0%	13.74%
97	SoFi Bank, National Association	2	$50K	0.0%	0.00%
98	U.S. Bank, National Association	1	$20K	0.0%	6.27%
99	Sabre Finance	1	$20K	0.0%	0.00%
100	Bank of Hope	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	116	$100.7M	35.0%
2	Retail trade	84	$28.5M	9.9%
3	Other services	51	$16.9M	5.9%
4	Real estate & leasing	22	$16.5M	5.7%
5	Professional & technical services	60	$15.4M	5.3%
6	Construction	84	$14.9M	5.2%
7	Health care & social assistance	49	$14.2M	4.9%
8	Retail trade	37	$13.7M	4.8%
9	Manufacturing	27	$13.4M	4.6%
10	Wholesale trade	30	$12.6M	4.4%
11	Transportation & warehousing	45	$7.1M	2.5%
12	Administrative & waste services	45	$7.1M	2.5%
13	Manufacturing	14	$7.0M	2.4%
14	Arts, entertainment & recreation	15	$6.9M	2.4%
15	Manufacturing	8	$3.9M	1.4%
16	Educational services	9	$3.8M	1.3%
17	Mining & extraction	4	$2.4M	0.8%
18	Information	6	$1.3M	0.5%
19	Finance & insurance	12	$1.0M	0.4%
20	Agriculture, forestry & fishing	2	$365K	0.1%
21	Management of companies	1	$176K	0.1%
22	Public administration	1	$30K	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.