SBA lender profile
Millennial Bank
Millennial Bank appears in the public SBA loan data with 40 funded 7(a) loans since FY2010, totaling $41.8M, an average of $1.0M per loan, and an estimated 672 jobs supported. Its SBA lending concentrates in Alabama and the Wholesale Trade sector. Across its 7(a) loans, the charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 79
- Scale 39
- Activity 73
- Consistency 52
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Millennial Bank the right lender for you?
Lenders fund what they know. Millennial Bank's SBA lending concentrates in Alabama (34 loans) and Wholesale Trade (5 loans), at an average loan of $1.0M. 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
- $200M
- Headquarters
- Leeds, AL
- FDIC cert
- #34460
- Status
- Active
Where Millennial Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Alabama | 34 | $31.6M |
| North Carolina | 1 | $4.2M |
| Florida | 1 | $3.0M |
| Virginia | 1 | $1.3M |
| South Carolina | 1 | $1.0M |
| Texas | 1 | $350K |
Metro areas where Millennial Bank funds
What Millennial Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Wholesale Trade | 5 | $7.2M |
| Other Services | 4 | $6.0M |
| Health Care and Social Assistance | 5 | $5.5M |
| Manufacturing | 1 | $5.0M |
| Professional and Technical Services | 3 | $4.7M |
| Accommodation and Food Services | 12 | $4.6M |
Millennial Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 2 | $135K |
| 2018 | 2 | $2.1M |
| 2019 | 5 | $1.5M |
| 2020 | 5 | $1.0M |
| 2021 | 7 | $6.0M |
| 2022 | 6 | $4.9M |
| 2023 | 5 | $10.9M |
| 2024 | 7 | $14.8M |
| 2026 | 1 | $270K |
Related SBA lenders
Other lenders active in Alabama or in Wholesale Trade.
Comparing lenders? See how to choose an SBA lender by track record.
Millennial Bank: frequently asked questions
Does Millennial Bank offer SBA loans?
Yes. Millennial Bank appears in the public SBA data with 40 funded SBA 7(a) loans totaling $41.8M.
How many SBA loans has Millennial Bank made?
Millennial Bank is associated with 40 SBA 7(a) loans totaling $41.8M in the public SBA data (as of 2026-03-31).
What is Millennial Bank's SBA charge-off rate?
About 0.0% of Millennial 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 Millennial Bank do most of its SBA lending?
Millennial Bank's SBA lending in the data is most concentrated in Alabama, and by industry in Wholesale Trade.
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). Millennial Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/millennial-bank/
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