SBA 7(a) lenders in Shelby, AL

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

Lenders

80 institutions have SBA 7(a) loans on record in Shelby, together $286.9M across 547 loans. Central State Bank is the largest, with 6% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Central State Bank	35	$16.9M	5.9%	7.47%
2	PNC Bank, National Association	80	$16.5M	5.8%	0.34%
3	Pinnacle Bank	13	$16.2M	5.6%	0.00%
4	Millennial Bank	9	$15.4M	5.4%	0.00%
5	Regions Bank	27	$14.3M	5.0%	0.29%
6	Live Oak Banking Company	6	$13.4M	4.7%	0.00%
7	Valley National Bank	18	$12.2M	4.3%	5.25%
8	Peoples Bank of Alabama	20	$11.9M	4.2%	0.77%
9	United Community Bank	18	$11.3M	3.9%	0.00%
10	The Huntington National Bank	21	$11.0M	3.8%	0.00%
11	Wells Fargo Bank National Association	47	$9.1M	3.2%	0.14%
12	Newtek Small Business Finance, Inc.	6	$9.0M	3.1%	0.00%
13	Readycap Lending, LLC	11	$9.0M	3.1%	7.03%
14	Beacon Bank and Trust	3	$8.9M	3.1%	0.00%
15	SouthState Bank, National Association	9	$8.8M	3.1%	1.37%
16	United Midwest Savings Bank National Association	15	$6.6M	2.3%	1.91%
17	ServisFirst Bank	8	$6.6M	2.3%	0.00%
18	Celtic Bank Corporation	14	$5.3M	1.8%	8.90%
19	PromiseOne Bank	2	$5.0M	1.7%	0.00%
20	Newtek Bank, National Association	10	$4.6M	1.6%	0.00%
21	First Horizon Bank	1	$4.5M	1.6%	0.00%
22	American Commerce Bank, National Association	1	$3.8M	1.3%	0.00%
23	Renasant Bank	8	$3.4M	1.2%	6.11%
24	GBank	1	$3.0M	1.0%	0.00%
25	Banc of California	3	$2.9M	1.0%	0.00%
26	NobleBank & Trust	1	$2.7M	0.9%	0.00%
27	Community Bank of Mississippi	1	$2.7M	0.9%	0.00%
28	Northeast Bank	12	$2.7M	0.9%	0.00%
29	Grasshopper Bank National Association	1	$2.7M	0.9%	0.00%
30	BankUnited, National Association	4	$2.6M	0.9%	27.73%
31	Truist Bank	4	$2.3M	0.8%	0.00%
32	Community Bank of Pickens County	1	$2.0M	0.7%	0.00%
33	BayFirst National Bank	13	$2.0M	0.7%	6.49%
34	SouthPoint Bank	5	$1.9M	0.7%	9.67%
35	Encore Bank	1	$1.9M	0.6%	0.00%
36	Stearns Bank National Association	7	$1.8M	0.6%	6.19%
37	FDIC - Community Bank & Trust-West Georgia	2	$1.7M	0.6%	50.22%
38	Oakworth Capital Bank	3	$1.6M	0.6%	0.00%
39	Trustmark Bank	6	$1.6M	0.6%	29.31%
40	First Bank of the Lake	7	$1.6M	0.6%	0.00%
41	Sabre Finance	9	$1.6M	0.6%	0.00%
42	Ameris Bank	2	$1.6M	0.6%	29.03%
43	The Bancorp Bank National Association	2	$1.5M	0.5%	0.00%
44	First Western SBLC, LLC	1	$1.5M	0.5%	0.00%
45	BHM Bank	6	$1.3M	0.5%	3.59%
46	North State Bank	1	$1.3M	0.4%	0.00%
47	T Bank, National Association	1	$1.2M	0.4%	0.00%
48	Coastal States Bank	1	$1.2M	0.4%	0.00%
49	UniBank	1	$1.2M	0.4%	0.00%
50	First Financial Bank	3	$1.1M	0.4%	13.32%
51	Bank Five Nine	2	$1.1M	0.4%	0.00%
52	FirstBank	4	$1.0M	0.3%	0.00%
53	The State Bank of Faribault	3	$1.0M	0.3%	0.00%
54	Fountainhead SBF LLC	1	$733K	0.3%	0.00%
55	Redstone FCU	4	$673K	0.2%	3.96%
56	Evolve Bank and Trust	1	$607K	0.2%	0.00%
57	VelocitySBA, LLC	14	$599K	0.2%	5.52%
58	Colony Bank	1	$506K	0.2%	0.00%
59	KeyBank National Association	1	$465K	0.2%	0.00%
60	Magnifi Financial CU	1	$461K	0.2%	0.00%
61	Climate First Bank	1	$430K	0.1%	0.00%
62	Citizens Bank	1	$397K	0.1%	0.00%
63	Paragon Bank	1	$384K	0.1%	0.00%
64	Five Star Bank	1	$350K	0.1%	0.00%
65	BankFirst Financial Services	2	$350K	0.1%	0.00%
66	Columbia Bank	8	$275K	0.1%	44.70%
67	The Citizens National Bank of Meridian	2	$275K	0.1%	0.00%
68	Popular Bank	2	$273K	0.1%	18.63%
69	CRF Small Business Loan Company, LLC	1	$250K	0.1%	0.00%
70	Pathward National Association	1	$250K	0.1%	0.00%
71	Brantley Bank and Trust Company	1	$225K	0.1%	0.00%
72	Lendistry SBLC, LLC	2	$215K	0.1%	0.00%
73	TruFund Financial Services Inc	1	$200K	0.1%	86.93%
74	Seacoast National Bank	1	$200K	0.1%	0.00%
75	Bank of Springfield	1	$185K	0.1%	0.00%
76	CenTrust Bank, A Division of SmartBiz Bank National Association	1	$150K	0.1%	0.00%
77	Independence Bank	1	$125K	0.0%	92.52%
78	Shoreham Bank	1	$100K	0.0%	0.00%
79	Bank of Hope	4	$80K	0.0%	20.40%
80	Capital One National Association	1	$50K	0.0%	99.66%

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	Health care & social assistance	67	$49.0M	17.1%
2	Accommodation & food services	62	$43.2M	15.1%
3	Professional & technical services	62	$30.5M	10.6%
4	Other services	56	$26.3M	9.1%
5	Construction	49	$22.5M	7.8%
6	Wholesale trade	26	$21.1M	7.3%
7	Manufacturing	23	$17.9M	6.3%
8	Administrative & waste services	49	$16.6M	5.8%
9	Retail trade	38	$14.8M	5.2%
10	Real estate & leasing	12	$12.2M	4.3%
11	Retail trade	30	$11.6M	4.0%
12	Finance & insurance	10	$5.3M	1.9%
13	Educational services	10	$4.0M	1.4%
14	Arts, entertainment & recreation	15	$3.9M	1.4%
15	Information	10	$2.5M	0.9%
16	Mining & extraction	2	$2.2M	0.8%
17	Manufacturing	5	$1.4M	0.5%
18	Transportation & warehousing	18	$923K	0.3%
19	Transportation & warehousing	2	$816K	0.3%
20	Manufacturing	1	$100K	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.