SBA lending by district
SBA lending in AL-05
SBA 7(a) and 504 financing in Alabama's 5th 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
- 1,109
- Total funded
- $544.4M
- Average loan
- $491K
- 7(a) charge-off
- 5.4%
Borrowers in Alabama's 5th district took 1,109 SBA loans worth $544.4M since FY2010, averaging $491K. Of the 937 7(a) loans, 5.4% have charged off. See the rest of Alabama.
SBA funded volume by fiscal year
Top SBA lenders in AL-05
- 1. Southern Development Council $54.4M
- 2. Birmingham Citywide Local Development Company $40.1M
- 3. The Huntington National Bank $37.5M
- 4. Avadian Credit Union $31.8M
- 5. Pinnacle Bank $31.4M
- 6. Live Oak Banking Company $26.3M
- 7. Florida Business Development Corporation $25.6M
- 8. PNC Bank, National Association $13.4M
- 9. Newtek Bank, National Association $11.6M
- 10. Florida First Capital Finance Corporation, Inc. $11.4M
Method. SBA 7(a) and 504 loans the SBA recorded in AL-05,
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.