SBA lender profile
Friend Bank
Friend Bank appears in the public SBA loan data with 42 funded 7(a) loans since FY2010, totaling $11.4M, an average of $271K per loan, and an estimated 692 jobs supported. Its SBA lending concentrates in Alabama and the Accommodation and Food Services sector. Across its 7(a) loans, the charge-off rate is 4.8%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 65
- Scale 20
- Activity 19
- Consistency 57
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Friend Bank the right lender for you?
Lenders fund what they know. Friend Bank's SBA lending concentrates in Alabama (41 loans) and Accommodation and Food Services (7 loans), at an average loan of $271K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $218M
- Headquarters
- Slocomb, AL
- FDIC cert
- #2828
- Status
- Active
Where Friend Bank lends
Top states by funded SBA volume.
Metro areas where Friend Bank funds
What Friend Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 7 | $3.8M |
| Retail Trade | 10 | $2.1M |
| Manufacturing | 2 | $1.4M |
| Other Services | 3 | $1.2M |
| Construction | 3 | $959K |
| Wholesale Trade | 6 | $587K |
Friend Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 2 | $316K |
| 2011 | 8 | $4.8M |
| 2012 | 2 | $271K |
| 2015 | 2 | $200K |
| 2017 | 1 | $464K |
| 2018 | 1 | $195K |
| 2019 | 5 | $1.5M |
| 2020 | 5 | $1.4M |
| 2021 | 13 | $1.4M |
| 2022 | 1 | $233K |
| 2023 | 2 | $521K |
Related SBA lenders
Other lenders active in Alabama or in Accommodation and Food Services.
Comparing lenders? See how to choose an SBA lender by track record.
Friend Bank: frequently asked questions
Does Friend Bank offer SBA loans?
Yes. Friend Bank appears in the public SBA data with 42 funded SBA 7(a) loans totaling $11.4M.
How many SBA loans has Friend Bank made?
Friend Bank is associated with 42 SBA 7(a) loans totaling $11.4M in the public SBA data (as of 2026-03-31).
What is Friend Bank's SBA charge-off rate?
About 4.8% of Friend Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does Friend Bank do most of its SBA lending?
Friend Bank's SBA lending in the data is most concentrated in Alabama, and by industry in Accommodation and Food Services.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). Friend Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/friend-bank/
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