SBA lending by metro area
SBA lenders in Sherman, TX
Which lenders fund Sherman-area businesses, how much, and how the market compares with Texas: SBA 7(a) and 504 loans, FY2010–2026.
By Mario Bailey · SBA FOIA data as of 2026-03-31
Top SBA lenders in the Sherman area
Ranked by SBA volume funded to businesses located in the Sherman 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 | Live Oak Banking Company | 13 | $25.2M | $1.9M | not reported |
| 2 | Metro City Bank | 13 | $23.3M | $1.8M | not reported |
| 3 | Readycap Lending, LLC | 8 | $15.5M | $1.9M | not reported |
| 4 | First United Bank and Trust Company | 24 | $10.4M | $434K | 0.00% |
| 5 | Wells Fargo Bank National Association | 16 | $10.1M | $632K | not reported |
| 6 | Capital Certified Development Corporation | 6 | $9.7M | $1.6M | not reported |
| 7 | First Internet Bank of Indiana | 5 | $6.5M | $1.3M | not reported |
| 8 | PNC Bank, National Association | 7 | $5.3M | $759K | not reported |
| 9 | Newtek Small Business Finance, Inc. | 10 | $4.4M | $441K | not reported |
| 10 | Newtek Bank, National Association | 9 | $4.3M | $474K | 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 Sherman compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Sherman area | $400K ▲ 60.0% | 6.3% ▼ 1.1 pts |
| Texas | $250K | 7.4% |
| United States | $179K | 11.2% |
What gets funded in Sherman
| Industry | Loans | Total funded |
|---|---|---|
| Accommodation and Food Services | 40 | $61.0M |
| Retail Trade | 51 | $56.8M |
| Health Care and Social Assistance | 44 | $24.1M |
| Manufacturing | 14 | $18.5M |
| Other Services | 26 | $15.2M |
| Professional and Technical Services | 15 | $13.6M |
| Construction | 27 | $13.2M |
| Real Estate | 7 | $7.1M |
SBA lending in Sherman by year
Geography, precisely
"Sherman area" here means the Sherman-Denison, TX metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Grayson County, TX. 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.