SBA 7(a) lenders in Mobile, AL

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

Lenders

98 institutions have SBA 7(a) loans on record in Mobile, together $280.2M across 713 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	9.4%	0.00%
2	PNC Bank, National Association	171	$26.1M	9.3%	1.64%
3	Hancock Whitney Bank	44	$15.7M	5.6%	0.00%
4	Wells Fargo Bank National Association	95	$11.9M	4.2%	0.96%
5	Readycap Lending, LLC	15	$11.8M	4.2%	0.00%
6	Regions Bank	19	$11.4M	4.1%	0.00%
7	The Huntington National Bank	16	$8.3M	3.0%	11.49%
8	First Horizon Bank	8	$7.2M	2.6%	0.00%
9	Community Bank of Mississippi	19	$7.1M	2.5%	3.42%
10	Celtic Bank Corporation	7	$7.0M	2.5%	2.75%
11	22nd State Bank, A Division of 22nd State Banking Company	8	$6.7M	2.4%	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	1	$5.0M	1.8%	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	Fund-Ex Solutions Group, LLC	1	$4.3M	1.5%	96.26%
18	United Community Bank	5	$4.3M	1.5%	14.81%
19	Newtek Bank, National Association	19	$4.3M	1.5%	0.00%
20	Commonwealth Business Bank	1	$4.0M	1.4%	0.00%
21	Byline Bank	5	$3.7M	1.3%	0.00%
22	First Western SBLC, LLC	2	$3.6M	1.3%	0.00%
23	Embassy National Bank	3	$3.6M	1.3%	0.00%
24	Shoreham Bank	2	$3.6M	1.3%	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	Citizens Bank	1	$2.9M	1.0%	0.00%
30	Oakworth Capital Bank	2	$2.9M	1.0%	0.00%
31	Northeast Bank	23	$2.8M	1.0%	3.03%
32	PromiseOne Bank	4	$2.6M	0.9%	0.00%
33	Centerstone SBA Lending, Inc.	2	$2.6M	0.9%	0.00%
34	Newtek Small Business Finance, Inc.	6	$2.4M	0.9%	0.00%
35	UniBank	1	$2.3M	0.8%	0.00%
36	United Midwest Savings Bank National Association	6	$2.3M	0.8%	0.00%
37	ServisFirst Bank	5	$2.2M	0.8%	7.03%
38	North State Bank	1	$2.1M	0.8%	0.00%
39	Beacon Bank and Trust	1	$1.9M	0.7%	0.00%
40	Pinnacle Bank	2	$1.9M	0.7%	23.50%
41	Peoples Bank	4	$1.7M	0.6%	0.00%
42	First Internet Bank of Indiana	2	$1.7M	0.6%	0.00%
43	Milestone Bank	1	$1.6M	0.6%	0.00%
44	SouthState Bank, National Association	5	$1.6M	0.6%	0.00%
45	Loyal Trust Bank	1	$1.6M	0.6%	0.00%
46	Gulf Coast Bank	1	$1.6M	0.6%	0.00%
47	BankPlus	9	$1.4M	0.5%	0.00%
48	Touchmark National Bank	1	$1.3M	0.5%	0.00%
49	Banesco USA	1	$1.3M	0.4%	0.00%
50	Customers Bank	2	$1.3M	0.4%	0.00%
51	Simmons Bank	1	$1.2M	0.4%	0.00%
52	The Bancorp Bank National Association	2	$1.2M	0.4%	0.00%
53	First Utah Bank	1	$1.1M	0.4%	0.00%
54	Bank Five Nine	2	$1.0M	0.4%	0.00%
55	Business Loan Center, LLC	1	$1.0M	0.4%	0.00%
56	Federal Deposit Insurance Corporation	1	$992K	0.4%	27.26%
57	Cogent Bank	1	$990K	0.4%	0.00%
58	Lendistry SBLC, LLC	6	$970K	0.3%	0.00%
59	Stone Bank	1	$965K	0.3%	0.00%
60	First Merchants Bank	1	$934K	0.3%	0.00%
61	Truist Bank	6	$919K	0.3%	0.00%
62	Georgia's Own Credit Union	1	$902K	0.3%	0.00%
63	BankFirst Financial Services	5	$897K	0.3%	0.00%
64	Enterprise Bank & Trust	2	$862K	0.3%	0.00%
65	First Bank of the Lake	2	$805K	0.3%	0.00%
66	IncredibleBank	1	$786K	0.3%	0.00%
67	Bank of America, National Association	2	$715K	0.3%	0.00%
68	Capital Bank, National Association	1	$667K	0.2%	0.00%
69	Columbia Bank	20	$639K	0.2%	13.70%
70	Independence Bank	5	$625K	0.2%	58.86%
71	Harvest Small Business Finance, LLC	2	$621K	0.2%	0.00%
72	First Financial Bank	2	$500K	0.2%	67.61%
73	PCB Bank	1	$483K	0.2%	0.00%
74	Stearns Bank National Association	2	$477K	0.2%	0.00%
75	Gulf Coast Bank and Trust Company	1	$450K	0.2%	0.00%
76	SmartBank	1	$432K	0.2%	86.99%
77	Merchants & Marine Bank	1	$404K	0.1%	0.00%
78	FirstBank	1	$400K	0.1%	67.55%
79	First National Bank of Pennsylvania	1	$368K	0.1%	0.00%
80	Banc of California	1	$344K	0.1%	0.00%
81	Heritage Bank Inc	2	$300K	0.1%	0.00%
82	Seacoast National Bank	1	$300K	0.1%	0.00%
83	First US Bank	1	$277K	0.1%	0.00%
84	Community West Bank	1	$260K	0.1%	96.76%
85	United Bank	3	$255K	0.1%	0.00%
86	River Bank and Trust	1	$250K	0.1%	0.00%
87	The Citizens National Bank of Meridian	1	$250K	0.1%	0.00%
88	Fifth Third Bank	1	$237K	0.1%	63.10%
89	Five Star Bank	2	$220K	0.1%	0.00%
90	Central Bank	1	$203K	0.1%	0.00%
91	BankTrust	1	$171K	0.1%	0.00%
92	Redstone FCU	3	$110K	0.0%	28.38%
93	Colony Bank	1	$105K	0.0%	0.00%
94	VelocitySBA, LLC	6	$68K	0.0%	13.74%
95	SoFi Bank, National Association	2	$50K	0.0%	0.00%
96	U.S. Bank, National Association	1	$20K	0.0%	0.00%
97	Sabre Finance	1	$20K	0.0%	0.00%
98	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	114	$96.6M	34.5%
2	Retail trade	84	$28.5M	10.2%
3	Real estate & leasing	22	$16.5M	5.9%
4	Professional & technical services	60	$15.4M	5.5%
5	Other services	49	$15.2M	5.4%
6	Construction	83	$14.3M	5.1%
7	Health care & social assistance	49	$14.2M	5.1%
8	Retail trade	36	$13.7M	4.9%
9	Manufacturing	27	$13.4M	4.8%
10	Wholesale trade	30	$12.6M	4.5%
11	Transportation & warehousing	45	$7.1M	2.5%
12	Administrative & waste services	45	$7.1M	2.5%
13	Manufacturing	14	$7.0M	2.5%
14	Arts, entertainment & recreation	12	$5.5M	2.0%
15	Manufacturing	8	$3.9M	1.4%
16	Educational services	9	$3.8M	1.4%
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.