SBA 7(a) lenders in Gadsden, FL
Approvals in SBA fiscal years 2012–2026. Source data as of 2026-06-30.
Lenders
26 institutions have SBA 7(a) loans on record in Gadsden, together $43.5M across 40 loans. Live Oak Banking Company is the largest, with 15% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 6 | $6.4M | 14.7% | 0.00% |
| 2 | Lender 2582371 | 2 | $5.4M | 12.5% | 0.00% |
| 3 | First Bank | 1 | $4.3M | 9.9% | 0.00% |
| 4 | Metro City Bank | 1 | $3.5M | 8.1% | 0.00% |
| 5 | Leader Bank, National Association | 1 | $3.4M | 7.7% | 0.00% |
| 6 | Stone Bank | 1 | $2.8M | 6.4% | 0.00% |
| 7 | Peoples Bank | 1 | $2.6M | 6.0% | 0.00% |
| 8 | Ameris Bank | 1 | $2.5M | 5.7% | 0.00% |
| 9 | Columbia Bank | 2 | $2.4M | 5.5% | 0.00% |
| 10 | Byline Bank | 1 | $2.1M | 4.8% | 0.00% |
| 11 | PromiseOne Bank | 1 | $2.0M | 4.6% | 0.00% |
| 12 | Touchmark National Bank | 1 | $1.3M | 2.9% | 0.00% |
| 13 | Midwest Regional Bank | 1 | $774K | 1.8% | 0.00% |
| 14 | TowneBank | 2 | $577K | 1.3% | 0.00% |
| 15 | Customers Bank | 1 | $538K | 1.2% | 0.00% |
| 16 | Wells Fargo Bank National Association | 3 | $498K | 1.1% | 0.00% |
| 17 | University Bank | 2 | $495K | 1.1% | 0.00% |
| 18 | Bank of America, National Association | 2 | $405K | 0.9% | 0.00% |
| 19 | SouthState Bank, National Association | 1 | $300K | 0.7% | 0.00% |
| 20 | Readycap Lending, LLC | 2 | $279K | 0.6% | 0.00% |
| 21 | Florida Capital Bank, National Association | 1 | $275K | 0.6% | 0.00% |
| 22 | Truist Bank | 2 | $244K | 0.6% | 0.00% |
| 23 | Lender 2057189 | 1 | $158K | 0.4% | 0.00% |
| 24 | Celtic Bank Corporation | 1 | $150K | 0.3% | 0.00% |
| 25 | Northeast Bank | 1 | $100K | 0.2% | 0.00% |
| 26 | Newtek Bank, National Association | 1 | $35K | 0.1% | 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 | 13 | $29.5M | 67.8% |
| 2 | Professional & technical services | 4 | $4.0M | 9.3% |
| 3 | Transportation & warehousing | 3 | $2.4M | 5.6% |
| 4 | Retail trade | 2 | $2.2M | 5.1% |
| 5 | Retail trade | 1 | $2.0M | 4.6% |
| 6 | Health care & social assistance | 5 | $1.3M | 2.9% |
| 7 | Construction | 4 | $1.1M | 2.6% |
| 8 | Other services | 2 | $280K | 0.6% |
| 9 | Information | 1 | $275K | 0.6% |
| 10 | Transportation & warehousing | 1 | $150K | 0.3% |
| 11 | Manufacturing | 2 | $147K | 0.3% |
| 12 | Administrative & waste services | 1 | $35K | 0.1% |
| 13 | Manufacturing | 1 | $25K | 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.