# Small business loans in Richardson, TX

**Short answer:** The most active SBA lenders in Richardson, TX since FY2024 are The Huntington National Bank (13 loans) and BayFirst National Bank (7). The median loan was $290,000, and half fell between $150,000 and $754,875. 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/richardson/
Data as of: 2026-06-30

## Lenders making SBA loans in Richardson

No lender made more than 14% of the loans in Richardson, and The Huntington National Bank made the most.

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

| Lender | Loans | Share |
| --- | --- | --- |
| [The Huntington National Bank](https://www.sbaexpress.loans/sba-express-lenders/the-huntington-national-bank/texas/) | 13 | 14.1% |
| [BayFirst National Bank](https://www.sbaexpress.loans/sba-express-lenders/bayfirst-national-bank/) | 7 | 7.6% |

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

Richardson has two 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 Richardson

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

40% of Richardson 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 Richardson

Richardson ranks 24th by loans since FY2024 among the 50 Texas cities with 100 or more SBA loans since FY2020. Nationally it is the 242nd busiest of the 580 cities that reach 100 loans.

The 92 loans, 0.7% of the 12,702 in Texas, were approved for $69.2 million in all. The median loan was $290,000, 93% above the national median of $150,300. Half of the loans fell between $150,000 and $754,875. The Richardson median is 5% above the Texas median of $275,000.

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

| Measure | Richardson | Texas | U.S. |
| --- | --- | --- | --- |
| Loans | 92 | 12,702 | 162,355 |
| Median loan | $290,000 | $275,000 | $150,300 |
| 25th percentile | $150,000 | $111,000 | $50,000 |
| 75th percentile | $754,875 | $702,000 | $500,000 |
| Via SBA Express | 16.3% | 20.7% | 35.8% |
| Lines of credit | 15.2% | 17.7% | 28.1% |
| Startups | 22.8% | 23.8% | 16.1% |
| Ownership changes | 17.4% | 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.

66% of the loans were $500,000 or less, the size SBA Express covers. 16.3% of all loans went through SBA Express, below the national 35.8%. Lines of credit were 15.2% of loans, below the national 28.1%.

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

- $50,000 or less (8%): 7
- $50,001 to $150,000 (28%): 26
- $150,001 to $350,000 (17%): 16
- $350,001 to $500,000 (13%): 12
- $500,001 to $1,000,000 (11%): 10
- $1,000,001 to $2,000,000 (14%): 13
- Over $2,000,000 (9%): 8

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

By business age, 42.4% of loans went to businesses more than two years old and 17.4% to businesses two years old or younger. Startups received 22.8% and changes of ownership 17.4%. The national startup share is 16.1%.

SBA loans in Richardson, TX by fiscal year

- FY2020: 23
- FY2021: 20
- FY2022: 27
- FY2023: 24
- FY2024: 27
- FY2025: 32
- FY2026 (through June 30): 33

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

Volume rose 19% from FY2024 (27 loans) to FY2025 (32), the two latest full years. The busiest full year in the file was FY2025, with 32 loans. FY2026 already shows 33 loans through June 30.

Of the 70 loans Richardson borrowers received in FY2020 to FY2022, 0.0% were charged off by June 30, 2026, against 3.6% nationally. That group is small, so treat the rate as rough. Lenders reported 1,304 jobs supported across the 92 loans since FY2024, about 14.2 per loan. SBA does not audit these estimates.

## What businesses in Richardson borrow for

Offices of Dentists was the largest borrower group in Richardson, with 8 loans or 8.7% of the total.

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

| Industry | Loans | Share | U.S. share |
| --- | --- | --- | --- |
| [Offices of Dentists](https://www.sbaexpress.loans/industries/offices-of-dentists/texas/) | 8 | 8.7% | 1.1% |
| [Full-Service Restaurants](https://www.sbaexpress.loans/industries/full-service-restaurants/texas/) | 7 | 7.6% | 4.6% |

Share is the percent of all Richardson 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 Richardson

The median Richardson loan was $290,000 with a median term of 10 years.

The median variable-rate loan in Richardson was priced at Prime plus 2.75 percentage points at approval. At today's Prime that spread works out to 9.75%. On $290,000 over 10 years, principal and interest would come to about $3,792 a month. That is arithmetic on past loans, not a rate a lender is offering.

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

| Loan | Amount | Monthly payment |
| --- | --- | --- |
| 25th percentile loan | $150,000 | $1,962 |
| Median loan | $290,000 | $3,792 |
| 75th percentile loan | $754,875 | $9,872 |

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 $290,000 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).

Richardson 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 $300,000 loan](https://www.sbaexpress.loans/loan-amounts/300000-business-loan/) and [SBA Express payment calculator](https://www.sbaexpress.loans/sba-express-payment-calculator/).

## SBA 504 loans near Richardson

The 504 file lists fewer than five loans in Richardson since FY2020.

That is too few to publish a count, a dollar total or a median for Richardson.

No Certified Development Company (CDC) is named on five or more 504 loans in Richardson, 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 Richardson

Richardson made up 0.7% of Texas's SBA loans since FY2024.

Richardson 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.

- [Irving: 116 loans, median $315,000](https://www.sbaexpress.loans/texas-small-business-loans/irving/)
- [Grand Prairie: 65 loans, median $400,000](https://www.sbaexpress.loans/texas-small-business-loans/grand-prairie/)
- [Garland: 79 loans, median $250,000](https://www.sbaexpress.loans/texas-small-business-loans/garland/)
- [Carrollton: 119 loans, median $350,000](https://www.sbaexpress.loans/texas-small-business-loans/carrollton/)
- [Dallas: 744 loans, median $321,000](https://www.sbaexpress.loans/texas-small-business-loans/dallas/)
- [Prosper: 76 loans, median $339,500](https://www.sbaexpress.loans/texas-small-business-loans/prosper/)
- [Rockwall: 62 loans, median $436,000](https://www.sbaexpress.loans/texas-small-business-loans/rockwall/)
- [McKinney: 206 loans, median $335,050](https://www.sbaexpress.loans/texas-small-business-loans/mckinney/)

## Common questions about SBA loans in Richardson

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

The Huntington National Bank leads with 13 loans in Richardson since FY2024. BayFirst National Bank (7) follows. Only lenders with five or more Richardson loans are counted.

### Which industries get SBA loans in Richardson?

Offices of Dentists leads with 8 loans in Richardson since FY2024. Full-Service Restaurants (7) follows.

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)