SBA lending by metro area
SBA lenders in Huntsville, AL
Which lenders fund Huntsville-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
Top SBA lenders in the Huntsville area
Ranked by SBA volume funded to businesses located in the Huntsville metropolitan 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 | Southern Development Council | 61 | $45.9M | $753K | not reported |
| 2 | Birmingham Citywide Local Development Company | 42 | $36.0M | $858K | not reported |
| 3 | Pinnacle Bank | 33 | $31.4M | $952K | 6.06% |
| 4 | The Huntington National Bank | 57 | $27.1M | $475K | 0.00% |
| 5 | Avadian Credit Union | 38 | $26.7M | $703K | 2.63% |
| 6 | Florida Business Development Corporation | 28 | $23.1M | $824K | not reported |
| 7 | Live Oak Banking Company | 17 | $18.8M | $1.1M | not reported |
| 8 | Florida First Capital Finance Corporation, Inc. | 16 | $11.4M | $713K | not reported |
| 9 | PNC Bank, National Association | 100 | $10.2M | $102K | 3.00% |
| 10 | Newtek Bank, National Association | 20 | $9.6M | $479K | 0.00% |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
Ready to talk to Huntsville-area SBA lenders?
Get matched with the SBA lenders that actually fund businesses like yours, ranked on real loan data by state, industry, and size. Independent: your details go only to the lenders we match you to, never to data brokers.
How Huntsville compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Huntsville area | $208K ▼ 16.7% | 16.2% |
| Alabama | $250K | 16.0% |
| United States | $179K | 11.2% |
What gets funded in Huntsville
| Industry | Loans | Total funded |
|---|---|---|
| Accommodation and Food Services | 155 | $105.8M |
| Professional and Technical Services | 95 | $51.6M |
| Other Services | 95 | $43.7M |
| Health Care and Social Assistance | 80 | $38.7M |
| Manufacturing | 67 | $38.4M |
| Retail Trade | 106 | $35.6M |
| Arts, Entertainment, Recreation | 56 | $26.2M |
| Construction | 77 | $18.9M |
SBA lending in Huntsville by year
Geography, precisely
"Huntsville area" here means the Huntsville, AL metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Limestone County, AL; Madison 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.