SBA Express lending in Alabama: what SBA's data shows
Lenders made 103 SBA Express loans to Alabama businesses in FY2025 and FY2026 through June 30, 2026, worth $10.3 million. The median loan was $50,000, against $50,000 nationally, and 79.6% were lines of credit. Volume rose 12% from FY2024 (59 loans) to FY2025 (66).
In that window, 26 lenders made at least one SBA Express loan in Alabama. 43.7% of loans went to businesses more than two years old, and 11 financed a change of ownership. The most common industries were full-service restaurants (5), offices of lawyers (4), insurance agencies and brokerages (4).
| Top lenders in Alabama | Loans |
|---|---|
| The Huntington National Bank | 21 |
| Newtek Bank | 20 |
| Wells Fargo Bank | 16 |
| U.S. Bank | 7 |
| PNC Bank | 6 |
Source: SBA 7(a) FOIA loan-level data, as of June 30, 2026. Loans SBA approved and later cancelled are excluded. Fiscal years run October through September. Window: FY2025 and FY2026 through June 30, 2026.
See how Alabama compares on SBA Express loan statistics, or browse all SBA Express lenders.
Alabama Small Business
Small businesses are integral to Alabama's economy. Small Business Administration statistics, as published in the SBA Office of Advocacy state profiles, show that there are around 388,850 small businesses in Alabama, making up 99.4% of all Alabama-based businesses.
With a workforce of no less than 772,214 employees, small businesses thrive in the Heart of Dixie.
SBA Express loans are made by private lenders. The data above shows which lenders actually made them to Alabama businesses. If you would rather not apply lender by lender, tell us what your business needs: we route your inquiry to SBA lending partners and the lender makes the credit decision.
Compare SBA Express options in Alabama
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