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SBA lenders in Fort Payne, AL

Which lenders fund Fort Payne-area businesses, how much, and how the market compares with Alabama: SBA 7(a) and 504 loans, FY2010–2026.

By Mario Bailey · SBA FOIA data as of 2026-03-31

SBA loans
140
Total funded
$118.2M
Average loan
$845K
7(a) charge-off
2.4%

Top SBA lenders in the Fort Payne area

Ranked by SBA volume funded to businesses located in the Fort Payne micropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.

# Lender Loans Total funded Average loan 7(a) charge-off
1 Live Oak Banking Company 24 $48.9M $2.0M 4.17%
2 First Financial Bank 38 $21.2M $557K 0.00%
3 Southern Development Council 5 $7.0M $1.4M not reported
4 First Bank of Alabama 10 $6.2M $622K not reported
5 Truist Bank 5 $4.1M $828K not reported
6 Birmingham Citywide Local Development Company 5 $3.0M $597K not reported
7 Northeast Bank 6 $988K $165K not reported
8 PNC Bank, National Association 12 $540K $45K not reported

SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.

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How Fort Payne compares

Median funded SBA loan and 504 share of loans, FY2010–2026.

Median loan504 share
Fort Payne area $405K ▲ 62.0% 11.4% ▼ 4.6 pts
Alabama$250K16.0%
United States$179K11.2%

What gets funded in Fort Payne

IndustryLoansTotal funded
Agriculture, Forestry, Fishing 68 $74.6M
Accommodation and Food Services 16 $17.1M
Manufacturing 7 $8.5M
Retail Trade 11 $6.6M
Construction 15 $3.9M
Health Care and Social Assistance 10 $3.0M
Professional and Technical Services 5 $1.8M

SBA lending in Fort Payne by year

Geography, precisely

"Fort Payne area" here means the Fort Payne, AL micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: DeKalb County, AL. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.