SBA lending by district
SBA lending in AL-03
SBA 7(a) and 504 financing in Alabama's 3rd district: how much was funded, by which lenders, and the 7(a) charge-off record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
- SBA loans
- 1,114
- Total funded
- $774.4M
- Average loan
- $695K
- 7(a) charge-off
- 3.4%
Borrowers in Alabama's 3rd district took 1,114 SBA loans worth $774.4M since FY2010, averaging $695K. Of the 915 7(a) loans, 3.4% have charged off. See the rest of Alabama.
SBA funded volume by fiscal year
Top SBA lenders in AL-03
- 1. Live Oak Banking Company $98.7M
- 2. Metro City Bank $64.2M
- 3. Southern Development Council $50.9M
- 4. Florida Business Development Corporation $44.9M
- 5. Birmingham Citywide Local Development Company $31.4M
- 6. First Financial Bank $28.4M
- 7. FirstBank $23.7M
- 8. Pinnacle Bank $22.2M
- 9. PNC Bank, National Association $22.1M
- 10. Renasant Bank $20.6M
Method. SBA 7(a) and 504 loans the SBA recorded in AL-03,
FY2010–2026 (as of 2026-03-31). District boundaries
changed in the 2022 redistricting, so multi-year totals span boundary changes; the district is
as-recorded by the SBA. Charge-off is 7(a)-only. See the
methodology.