SBA by industry · AL
SBA lenders for construction trades in Alabama
43 lenders made 134 SBA loans to construction trades in Alabama in the 36 months ending September 30, 2026. Northeast Bank made the most, with 15. The typical loan was about $230K.
- Evidence
- SBA 7(a) and 504 loans to construction trades in Alabama, NAICS 23
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 12, 2026
- Lenders on record
- 43
- SBA FOIA,
- SBA loans, 36 months
- 134
- SBA FOIA,
- 7(a) net of cancelled; 504 funded first liens
- Dollars, 36 months
- $58.8M
- SBA FOIA,
- Last 12 months
- 36
- SBA FOIA,
Cite this
Source: The Lender Report, SBA lenders for construction trades in Alabama, https://lender.report/sba-lenders-for/construction-trades/alabama/, data as of September 30, 2026.
Describe a deal in Alabama
See which lenders made SBA loans to construction trades, at your size and in your state. No account and no form.
Show SBA loans to construction trades in AlabamaOn this list? Find your page
| Lender | Kind | Based in | Loans | Dollars | 7(a) | 504 | Last 12 months |
|---|---|---|---|---|---|---|---|
| Northeast Bank SBA 7(a) record | Bank | Portland, ME | 15 | $2.05M | 15 | 0 | 3 |
| Newtek Bank, National Association SBA 7(a) record | Bank | Miami, FL | 13 | $4.46M | 13 | 0 | 5 |
| The Huntington National Bank SBA 7(a) record | Bank | Columbus, OH | 10 | $5.16M | 10 | 0 | 3 |
| United Midwest Savings Bank, National Association SBA 7(a) record | Bank | Degraff, OH | 9 | $3.21M | 9 | 0 | 2 |
| Readycap Lending, LLC SBA 7(a) record | Non-bank | Berkeley Heights, NJ | 7 | $2.51M | 7 | 0 | 0 |
| PNC Bank, National Association SBA 7(a) record | Bank | Wilmington, DE | 7 | $650K | 6 | 1 | 0 |
| Live Oak Banking Company SBA 7(a) record | Bank | Wilmington, NC | 6 | $6.80M | 6 | 0 | 3 |
| Lendistry SBLC, LLC SBA 7(a) record | Non-bank | Los Angeles, CA | 6 | $1.46M | 6 | 0 | 0 |
| BayFirst National Bank SBA 7(a) record | Bank | Saint Petersburg, FL | 6 | $1.12M | 6 | 0 | 0 |
| Celtic Bank SBA 7(a) record | Bank | Salt Lake City, UT | 5 | $700K | 5 | 0 | 2 |
| SmartBiz Bank, National Association SBA 7(a) record | Bank | Northbrook, IL | 4 | $850K | 4 | 0 | 4 |
| Hancock Whitney Bank SBA 7(a) record | Bank | Gulfport, MS | 3 | $2.65M | 3 | 0 | 3 |
| Community Bank of Mississippi SBA 7(a) record | Bank | Flowood, MS | 3 | $820K | 2 | 1 | 0 |
| Regions Bank SBA 7(a) record | Bank | Birmingham, AL | 3 | $470K | 3 | 0 | 0 |
| Stearns Bank National Association SBA 7(a) record | Bank | Saint Cloud, MN | 3 | $300K | 3 | 0 | 0 |
| American Momentum Bank SBA 7(a) record | Bank | College Station, TX | 2 | $1.10M | 2 | 0 | 2 |
| Bryant Bank SBA 504 record | Bank | Tuscaloosa, AL | 2 | $1.04M | 1 | 1 | 0 |
| First Bank of the Lake SBA 7(a) record | Bank | Osage Beach, MO | 2 | $680K | 2 | 0 | 1 |
| Renasant Bank SBA 504 record | Bank | Tupelo, MS | 2 | $460K | 0 | 2 | 1 |
| Trustmark Bank SBA 7(a) record | Bank | Jackson, MS | 2 | $370K | 2 | 0 | 0 |
| Wells Fargo Bank, National Association SBA 7(a) record | Bank | Sioux Falls, SD | 2 | $30.0K | 2 | 0 | 0 |
| Pinnacle Bank SBA 7(a) record | Bank | Nashville, TN | 1 | $5.00M | 1 | 0 | 1 |
| Guaranty Bank and Trust Company SBA 7(a) record | Bank | Belzoni, MS | 1 | $3.40M | 1 | 0 | 0 |
| 22nd State Banking Company SBA 7(a) record | Bank | Mobile, AL | 1 | $3.00M | 1 | 0 | 0 |
| GBank SBA 7(a) record | Bank | Las Vegas, NV | 1 | $1.50M | 1 | 0 | 0 |
Dollars are approval amounts, rounded to 2 significant figures per loan, net of cancelled approvals.
| Industry | Loans |
|---|---|
| Plumbing, Heating, and Air-Conditioning Contractors | 22 |
| All Other Specialty Trade Contractors | 17 |
| Residential Remodelers | 17 |
| Electrical Contractors and Other Wiring Installation Contractors | 13 |
| Painting and Wall Covering Contractors | 9 |
| New Single-Family Housing Construction (except For-Sale Builders) | 8 |
| Site Preparation Contractors | 8 |
| Commercial and Institutional Building Construction | 6 |
| Poured Concrete Foundation and Structure Contractors | 6 |
| Other Building Finishing Contractors | 5 |
| Loan size | Loans |
|---|---|
| Under $150K | 40 |
| $150K to $350K | 49 |
| $350K to $1M | 35 |
| $1M to $2.5M | 5 |
| $2.5M or more | 5 |
- SBA lenders recorded 134 loans to construction trades totaling $58.8M in Alabama in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
- The typical loan was about $230K, with the middle half between $100K and $500K. SBA FOIA,
- 127 were SBA 7(a) loans and 7 were SBA 504 first liens. SBA FOIA,
- SBA 7(a) lenders reported a median initial rate of 10.50% on 127 loans. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Banks and savings institutions made 118 of the loans, credit unions 1, and non-banks 15. SBA FOIA,
- The five most active lenders made 40.3% of the loans. SBA FOIA,
- The three most active lenders were Northeast Bank with 15, Newtek Bank, National Association with 13, and The Huntington National Bank with 10. SBA FOIA,
- 40 of the loans were under $150K, and 10 were $1M or more. SBA FOIA,
- The SBA file shows 36 approvals of these loans dated in the 12 months to September 30, 2026, versus 53 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
- 8 of the 43 lenders are based in Alabama. The rest are based elsewhere, most often in Mississippi, Florida and Minnesota. SBA FOIA,
- The most common detailed industry in Alabama was Plumbing, Heating, and Air-Conditioning Contractors, with 22 loans. SBA FOIA,
How this list is defined
- Measure
- SBA loans made to construction trades in Alabama
- Period
- October 2023 to September 2026
- Formula
- Count, by lender, of SBA 7(a) approvals and SBA 504 first liens located in Alabama, dated in the 36 months ending September 30, 2026 and not cancelled, whose NAICS code in the SBA file falls in NAICS 23.
- Order
- Largest first by loans in the state, then dollars, then name. Payment is not part of the order.
- As of
- September 30, 2026
- Source
- SBA FOIA
- Changelog
- : First published, with the data built on this date.
What we don't know
- Whether any of these lenders is taking new SBA loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and these pages leave out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
Every loan counted here carried one of these NAICS codes in the SBA file, and the state of the loan is the state of the business. Loans are approvals, net of cancelled approvals. Lenders that merged or stopped filing are left out.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.