Small business loans in Midland, TX
Short answer
The most active SBA lenders in Midland, TX since FY2024 are SouthWest Bank (7 loans) and Wells Fargo Bank (6). The median loan was $350,000, and half fell between $129,225 and $732,650. For free help, see the Texas Small Business Development Center Network. Source: SBA 7(a) loan data.
- SBA loans since FY2024
- 70
- approved since FY2024
- $59.32M
- median loan
- $350,000
- through SBA Express
- 15.7%
Lenders making SBA loans in Midland
No lender made more than 10% of the loans in Midland, and SouthWest Bank made the most. The three largest lenders together made 26%.
| Lender | Loans | Share |
|---|---|---|
| SouthWest Bank | 7 | 10.0% |
| Wells Fargo Bank | 6 | 8.6% |
| Live Oak Banking Company | 5 | 7.1% |
Share is the percent of all Midland loans in that period. Each name links to that lender's page for Texas where one exists.
Midland has three lenders with five or more loans since FY2024. Others had fewer, and the Texas page counts 355 lenders with at least one approved loan statewide.
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Local help near Midland
Midland borrowers can start with SBA's district offices for Texas, an SBDC or SCORE.
33% of Midland borrowers since FY2024 were startups or businesses two years old or younger. SBDCs provide counseling and training, and SCORE mentors give advice at no cost, according to SBA.
SBA runs six district offices that cover Texas. Each page points to state and federal resources and to lenders in its area. The Texas Small Business Development Center Network gives free counseling across Texas.
- SBA Dallas / Fort Worth District OfficeSBA district office
- SBA El Paso District OfficeSBA district office
- SBA Houston District OfficeSBA district office
- SBA Lower Rio Grande Valley District OfficeSBA district office
- SBA San Antonio District OfficeSBA district office
- SBA West Texas District OfficeSBA district office
- Texas Small Business Development Center NetworkSmall Business Development Center
- SCORE mentors in TexasBusiness mentoring
Alongside SBA loans, Texas runs a loan program. The Texas page describes it, and the official page is linked here.
Loan counts and sizes in Midland
Midland ranks 37th by loans since FY2024 among the 50 Texas cities with 100 or more SBA loans since FY2020. Nationally it is the 361st busiest of the 580 cities that reach 100 loans.
The 70 loans, 0.6% of the 12,702 in Texas, were approved for $59.3 million in all. The medianThe middle figure. Half the loans were larger and half were smaller. loan was $350,000, 2.3 times the national median of $150,300. Half of the loans fell between $129,225 and $732,650. The Midland median is 27% above the Texas median of $275,000.
| Measure | Midland | Texas | U.S. |
|---|---|---|---|
| Loans | 70 | 12,702 | 162,355 |
| Median loan | $350,000 | $275,000 | $150,300 |
| 25th percentile | $129,225 | $111,000 | $50,000 |
| 75th percentile | $732,650 | $702,000 | $500,000 |
| Via SBA Express | 15.7% | 20.7% | 35.8% |
| Lines of credit | 15.7% | 17.7% | 28.1% |
| Startups | 14.3% | 23.8% | 16.1% |
| Ownership changes | n/a | 11.7% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 2.75 | 2.75 | 2.75 |
| Charged off | 0.0% | 4.3% | 3.6% |
A quarter of loans were smaller than the 25th percentile loan and a quarter were larger than the 75th. Median spread is in percentage points over Prime. Charged off is the share of FY2020 to FY2022 loans a lender wrote off as a loss. It is shown only for groups of 30 loans or more. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish. U.S. covers every loan in the file.
69% of the loans were $500,000 or less, the size SBA Express covers. 15.7% of all loans went through SBA Express, below the national 35.8%. Lines of credit were 15.7% of loans, below the national 28.1%.
Labels show each size's share of all loans. The highlighted bar is the size band that contains the median.
Fiscal years run October to September. The last bar covers nine of its twelve months.
Volume rose 45% from FY2024 (20 loans) to FY2025 (29), the two latest full years. The busiest full year in the file was FY2025, with 29 loans. FY2026 already shows 21 loans through June 30.
Of the 56 loans Midland borrowers received in FY2020 to FY2022, 0.0% were charged offThe lender wrote the loan off as a loss because it was not being repaid. by June 30, 2026, against 3.6% nationally. That group is small, so treat the rate as rough. Lenders reported 1,188 jobs supported across the 70 loans since FY2024, about 17.0 per loan. SBA does not audit these estimates.
What businesses in Midland borrow for
Support Activities for Oil and Gas Operations was the largest borrower group in Midland since FY2020, with 9 loans or 6.2% of the total.
The four largest industries made up 16% of all Midland loans since FY2020.
| Industry | Loans | Share | U.S. share |
|---|---|---|---|
| Support Activities for Oil and Gas Operations | 9 | 6.2% | 0.1% |
| General Freight Trucking, Local | 5 | 3.4% | 1.1% |
| Limited-Service Restaurants | 5 | 3.4% | 3.3% |
| Other Commercial and Industrial Machinery and Equipment Rental and Leasing | 5 | 3.4% | 0.1% |
Share is the percent of all Midland loans in that period. Industry is the NAICS code on each loan. A name links to the Texas page for that industry where one exists.
A typical loan payment in Midland
The median Midland loan was $350,000 with a median term of 10 years.
The median variable-rate loan in Midland was priced at Prime plus 2.75 percentage points at approval. At today's Prime that spread works out to 9.75%. On $350,000 over 10 years, principal and interest would come to about $4,577 a month. That is arithmetic on past loans, not a rate a lender is offering.
| Loan | Amount | Monthly payment |
|---|---|---|
| 25th percentile loan | $129,225 | $1,690 |
| Median loan | $350,000 | $4,577 |
| 75th percentile loan | $732,650 | $9,581 |
Principal and interest only. Fees, a different term or a fixed rate change the payment. This is an illustration from SBA's file, not an offer.
SBA's rate ceiling for this loan size
SBA's maximum for a loan of $350,000 is Prime plus 4.5 percentage points, or 11.50% today. The median variable-rate loan here was priced 1.8 points under that ceiling. Source: 13 CFR § 120.214(d)(3); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).
Midland loans approved since FY2024 had a median starting rate of 10.25% at approval, matching the national median. Prime changed during those years, so use the spread above, not that rate, as the guide to today's cost.
Run your own numbers: payments on a $350,000 loan and SBA Express payment calculator.
SBA 504 loans near Midland
Midland has 5 SBA 504 loans since FY2020, with $9.4 million in SBA and CDC dollars.
Fewer than five of them came in FY2024 or later, so no recent median is published. The bank's share of each project is separate and is not counted in these figures.
No Certified Development CompanyA nonprofit that SBA certifies and regulates to arrange 504 loans together with a bank. (CDC) is named on five or more 504 loans in Midland, so the list below is Texas's. Capital Certified Development Corporation is named on the most there, 326 loans since FY2024.
| Certified Development Company | 504 loans |
|---|---|
| Capital Certified Development Corporation | 326 |
| LiftFund, Inc. | 128 |
| North Texas Certified Development Corporation | 103 |
| Greater East Texas Certified Development Company | 78 |
| Community Certified Development Corporation | 40 |
How a 504 loan is split
A standard 504 project is 50% third party lender, 40% CDC debenture, 10% borrower. 504 money pays for major fixed assets such as land, buildings and long-term machinery and equipment, not working capitalMoney for day-to-day costs such as payroll, rent and inventory. Full definition or inventory. Source: SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221). SBA keeps a list of Certified Development Companies.
Texas cities near Midland
Midland made up 0.6% of Texas's SBA loans since FY2024.
Midland is one of 50 Texas cities with 100 or more SBA loans since FY2020. The Texas page covers all 12,702 loans in Texas. The closest come first, ranked by county and ZIP code on their loans.
Common questions about SBA loans in Midland
Which lenders make the most SBA loans in Midland?
SouthWest Bank leads with 7 loans in Midland since FY2024. Wells Fargo Bank (6) and Live Oak Banking Company (5) follow. Only lenders with five or more Midland loans are counted.
Which industries get SBA loans in Midland?
Support Activities for Oil and Gas Operations leads with 9 loans in Midland since FY2020. General Freight Trucking, Local (5) and Limited-Service Restaurants (5) follow.
How to read this
Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Location is the borrower's address in the file, and city names are as SBA recorded them. Recent means FY2024 through June 30, 2026. Charge-off rates use FY2020 to FY2022 loans, the only years old enough to have had time to go bad. Jobs supported are lender-reported estimates. How we build these pages.
Sources
- SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026
- SBA, 504 loans
- SBA, resource partners: SBDCs and SCORE
- SBA Dallas / Fort Worth District Office
- SBA El Paso District Office
- SBA Houston District Office
- SBA Lower Rio Grande Valley District Office
- SBA San Antonio District Office
- SBA West Texas District Office
- Texas Small Business Development Center Network
- SCORE, Texas
- SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931
- SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)
- sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)
- SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)
- 13 CFR § 120.214(d)(3); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)
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Cite this page: Small business loans in Midland, TX. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/texas-small-business-loans/midland/
Ask lending partners about a loan in Midland
Tell us what you need and we refer your request to lending partners.
Janover Capital LLC is not a lender and is not the SBA. The lender makes the credit decision. A lender or marketplace may pay us a referral fee if we connect you, at no cost to you. Advertiser disclosure.