SBA Loans – El Paso

Last update: Apr 18, 2024

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Small business loans in El Paso are available from many SBA lenders. Here are the most active El Paso SBA lenders:

Top SBA Lenders in El Paso

RankSBA LenderHeadquarters# Loans Avg LoanAvg Interest
1Wells FargoSioux Falls, SD11 $81,09113.8%
2JPMorgan Chase BankColumbus, OH7 $106,57113.3%
3Huntington BankColumbus, OH4 $544,70010.3%
4LiftFundSan Antonio, TX4 $138,75010.5%
5Newtek Small Business FinanceLake Success, NY3 $966,66711.9%
6Sunflower BankDenver, CO3 $949,8338.5%
7BancorpSouth BankTupelo, MS3 $336,66710.9%
8Newtek BankMiami, FL2 $1,462,50011.1%
9Noah BankMiami, FL2 $1,462,50011.1%
10Live OakWilmington, NC2 $815,0009.6%

Top Industries for SBA Loans in El Paso

RankIndustry# Loans Avg LoanAvg Interest
1Limited-Service Restaurants5 $773,04010.2%
2Insurance Agencies and Brokerages4 $697,90010.1%
3General Freight Trucking, Long Distance, Truckload4 $66,70012.6%
4Other Personal Care Services3 $1,833,33310.7%
5Full-Service Restaurants3 $763,9339.7%
6Offices of Other Holding Companies2 $272,6008.0%
7Commercial and Industrial Machinery and Equipment (except Automotive a2 $225,00011.0%
8Janitorial Services2 $150,00010.8%
9Residential Remodelers2 $57,50014.0%

Many entrepreneurs search for “business loans near me” or “SBA lenders near me,” but the reality is often times the best banks for El Paso SBA loans are not local but national SBA preferred lenders. We can connect you today with local or national SBA banks ready to discuss business loans with you.

  Connect me to an El Paso lender!