# Small business loans in Odessa, TX

**Short answer:** The most active SBA lenders in Odessa, TX since FY2024 are SouthWest Bank (10 loans) and The Huntington National Bank (10). The median loan was $349,900, and half fell between $114,500 and $910,300. For free help, see the Texas Small Business Development Center Network. Source: SBA 7(a) loan data.

Canonical page: https://www.sbaexpress.loans/texas-small-business-loans/odessa/
Data as of: 2026-06-30

## Lenders making SBA loans in Odessa

No lender made more than 14% of the loans in Odessa, and SouthWest Bank made the most. The four largest lenders together made 45%.

**Lenders with five or more SBA loans in Odessa, TX, FY2024 to June 2026**

| Lender | Loans | Share |
| --- | --- | --- |
| [SouthWest Bank](https://www.sbaexpress.loans/sba-express-lenders/southwest-bank/) | 10 | 14.1% |
| [The Huntington National Bank](https://www.sbaexpress.loans/sba-express-lenders/the-huntington-national-bank/texas/) | 10 | 14.1% |
| [Wells Fargo Bank](https://www.sbaexpress.loans/sba-express-lenders/wells-fargo-bank/) | 7 | 9.9% |
| [Newtek Bank](https://www.sbaexpress.loans/sba-express-lenders/newtek-bank/) | 5 | 7.0% |

Share is the percent of all Odessa loans in that period. Each name links to that lender's page for Texas where one exists.

Odessa has four 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.

## Local help near Odessa

Odessa borrowers can start with SBA's district offices for Texas, an SBDC or SCORE.

37% of Odessa 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 Office: SBA district office](https://www.sba.gov/district/dallas-fort-worth)
- [SBA El Paso District Office: SBA district office](https://www.sba.gov/district/el-paso)
- [SBA Houston District Office: SBA district office](https://www.sba.gov/district/houston)
- [SBA Lower Rio Grande Valley District Office: SBA district office](https://www.sba.gov/district/lower-rio-grande-valley)
- [SBA San Antonio District Office: SBA district office](https://www.sba.gov/district/san-antonio)
- [SBA West Texas District Office: SBA district office](https://www.sba.gov/district/west-texas)
- [Texas Small Business Development Center Network: Small Business Development Center](https://www.sbdctexas.org/)
- [SCORE mentors in Texas: Business mentoring](https://www.score.org/tx/)

Alongside SBA loans, Texas runs a loan program. The [Texas page](https://www.sbaexpress.loans/texas-small-business-loans/#loan-programs-in-texas) describes it, and the official page is linked here.

- [Texas Small Business Credit Initiative (TSBCI)](https://gov.texas.gov/business/page/tsbci)

## Loan counts and sizes in Odessa

Odessa ranks 35th by loans since FY2024 among the 50 Texas cities with 100 or more SBA loans since FY2020. Nationally it is the 348th busiest of the 580 cities that reach 100 loans.

The 71 loans, 0.6% of the 12,702 in Texas, were approved for $61.3 million in all. The median loan was $349,900, 2.3 times the national median of $150,300. Half of the loans fell between $114,500 and $910,300. The Odessa median is 27% above the Texas median of $275,000.

**Odessa, TX compared with Texas and the nation, loans from FY2024 to June 2026**

| Measure | Odessa | Texas | U.S. |
| --- | --- | --- | --- |
| Loans | 71 | 12,702 | 162,355 |
| Median loan | $349,900 | $275,000 | $150,300 |
| 25th percentile | $114,500 | $111,000 | $50,000 |
| 75th percentile | $910,300 | $702,000 | $500,000 |
| Via SBA Express | 22.5% | 20.7% | 35.8% |
| Lines of credit | 18.3% | 17.7% | 28.1% |
| Startups | 19.7% | 23.8% | 16.1% |
| Ownership changes | 23.9% | 11.7% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 2.75 | 2.75 | 2.75 |
| Charged off | Fewer than 5 | 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.

66% of the loans were $500,000 or less, the size SBA Express covers. 22.5% of all loans went through SBA Express, below the national 35.8%. Lines of credit were 18.3% of loans, below the national 28.1%.

SBA loans in Odessa, TX by size, FY2024 to June 2026

- $50,000 or less (15%): 11
- $50,001 to $150,000 (15%): 11
- $150,001 to $350,000 (23%): 16
- $350,001 to $500,000 (13%): 9
- $500,001 to $1,000,000 (11%): 8
- $1,000,001 to $2,000,000 (8%): 6
- Over $2,000,000 (14%): 10

Labels show each size's share of all loans. The highlighted bar is the size band that contains the median.

By business age, 39.4% of loans went to businesses more than two years old and 16.9% to businesses two years old or younger. Startups received 19.7% and changes of ownership 23.9%. The national startup share is 16.1%.

SBA loans in Odessa, TX by fiscal year

- FY2020: 15
- FY2021: 12
- FY2022: 16
- FY2023: 19
- FY2024: 28
- FY2025: 32
- FY2026 (through June 30): 11

Fiscal years run October to September. The last bar covers nine of its twelve months.

Volume rose 14% from FY2024 (28 loans) to FY2025 (32), the two latest full years. The busiest full year in the file was FY2025, with 32 loans. FY2026 already shows 11 loans through June 30.

Of the 43 loans Odessa borrowers received in FY2020 to FY2022, fewer than 5 were charged off by June 30, 2026, against 3.6% nationally. Lenders reported 991 jobs supported across the 71 loans since FY2024, about 14.0 per loan. SBA does not audit these estimates.

## What businesses in Odessa borrow for

Snack and Nonalcoholic Beverage Bars was the largest borrower group in Odessa, with 5 loans or 7.0% of the total.

**Industries with the most SBA loans in Odessa, TX, FY2024 to June 2026**

| Industry | Loans | Share | U.S. share |
| --- | --- | --- | --- |
| [Snack and Nonalcoholic Beverage Bars](https://www.sbaexpress.loans/industries/snack-nonalcoholic-beverage-bars/texas/) | 5 | 7.0% | 1.6% |

Share is the percent of all Odessa 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 Odessa

The median Odessa loan was $349,900 with a median term of 10 years.

The median variable-rate loan in Odessa was priced at Prime plus 2.75 percentage points at approval. At today's Prime that spread works out to 9.75%. On $349,900 over 10 years, principal and interest would come to about $4,576 a month. That is arithmetic on past loans, not a rate a lender is offering.

**Payment at today's rate on three Odessa loan sizes over 10 years**

| Loan | Amount | Monthly payment |
| --- | --- | --- |
| 25th percentile loan | $114,500 | $1,497 |
| Median loan | $349,900 | $4,576 |
| 75th percentile loan | $910,300 | $11,904 |

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 $349,900 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).

Odessa 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](https://www.sbaexpress.loans/loan-amounts/350000-business-loan/) and [SBA Express payment calculator](https://www.sbaexpress.loans/sba-express-payment-calculator/).

## SBA 504 loans near Odessa

Odessa has 6 SBA 504 loans since FY2020, with $7.6 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 Company (CDC) is named on five or more 504 loans in Odessa, so the list below is Texas's. Capital Certified Development Corporation is named on the most there, 326 loans since FY2024.

**CDCs named on five or more 504 loans in Texas, FY2024 to June 2026**

| 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 capital or inventory. Source: SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221). SBA keeps a [list of Certified Development Companies](https://www.sba.gov/loans/504-loans/list-of-certified-development-companies/).

## Texas cities near Odessa

Odessa made up 0.6% of Texas's SBA loans since FY2024.

Odessa is one of 50 Texas cities with 100 or more SBA loans since FY2020. The [Texas page](https://www.sbaexpress.loans/texas-small-business-loans/) covers all 12,702 loans in Texas. The closest come first, ranked by county and ZIP code on their loans.

- [Midland: 70 loans, median $350,000](https://www.sbaexpress.loans/texas-small-business-loans/midland/)
- [Abilene: 36 loans, median $350,000](https://www.sbaexpress.loans/texas-small-business-loans/abilene/)
- [El Paso: 193 loans, median $200,000](https://www.sbaexpress.loans/texas-small-business-loans/el-paso/)
- [Lubbock: 113 loans, median $274,000](https://www.sbaexpress.loans/texas-small-business-loans/lubbock/)
- [Amarillo: 60 loans, median $196,750](https://www.sbaexpress.loans/texas-small-business-loans/amarillo/)
- [Austin: 756 loans, median $275,000](https://www.sbaexpress.loans/texas-small-business-loans/austin/)
- [Round Rock: 108 loans, median $243,100](https://www.sbaexpress.loans/texas-small-business-loans/round-rock/)
- [Leander: 72 loans, median $312,500](https://www.sbaexpress.loans/texas-small-business-loans/leander/)

## Common questions about SBA loans in Odessa

### Which lenders make the most SBA loans in Odessa?

SouthWest Bank leads with 10 loans in Odessa since FY2024. The Huntington National Bank (10) and Wells Fargo Bank (7) follow. Only lenders with five or more Odessa loans are counted.

### Which industries get SBA loans in Odessa?

Snack and Nonalcoholic Beverage Bars leads with 5 loans in Odessa since FY2024.

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](https://www.sbaexpress.loans/method/).

## Sources

- [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)
- [SBA, 504 loans](https://www.sba.gov/loans/504-loans/)
- [SBA, resource partners: SBDCs and SCORE](https://www.sba.gov/counseling/local-assistance/resource-partners/)
- [SBA Dallas / Fort Worth District Office](https://www.sba.gov/district/dallas-fort-worth)
- [SBA El Paso District Office](https://www.sba.gov/district/el-paso)
- [SBA Houston District Office](https://www.sba.gov/district/houston)
- [SBA Lower Rio Grande Valley District Office](https://www.sba.gov/district/lower-rio-grande-valley)
- [SBA San Antonio District Office](https://www.sba.gov/district/san-antonio)
- [SBA West Texas District Office](https://www.sba.gov/district/west-texas)
- [Texas Small Business Development Center Network](https://www.sbdctexas.org/)
- [SCORE, Texas](https://www.score.org/tx/)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)](https://www.sba.gov/loans/504-loans/)
- [SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [13 CFR § 120.214(d)(3); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)](https://www.ecfr.gov/current/title-13/section-120.214)