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  • Find me a PPP lender
  • Lenders by Region
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Top SBA Lenders – SBA Loans Alabama

Published by sbalenders On February 26, 2020

Last annual update: Jan 17, 2021

Top Alabama PPP lenders (for loans <$150,000)

RankBank# PPP Loans
1Regions Bank6,072
2Kabbage3,403
3ServisFirst Bank2,243
4River Bank & Trust2,076
5BBVA USA2,040
6Trustmark National Bank2,027
7Synovus Bank1,856
8BancorpSouth Bank1,600
9Cross River Bank1,599
10Wells Fargo Bank1,579

  Apply online for a PPP loan today  

Looking for an Alabama SBA loan for your small business? These SBA lenders lend money to all qualified borrowers. So regardless if you like to say “Roll Tide” or “War Eagle,”  these SBA banks have you covered.

Top Alabama SBA Lenders based on SBA loans made in Alabama during the past year (In Mobile? Click here for Mobile SBA loans):

 

Most active SBA lenders in Alabama

State RankBankBank Headquarters# of LoansAvg LoanAvg Interest
1Wells FargoSioux Falls, SD40$45,49810.7%
2United Midwest Savings BankDe Graff, OH32$163,3198.1%
3Stearns BankSaint Cloud, MN14$316,4007.9%
4Live OakWilmington, NC13$1,614,6927.1%
5First Home BankSaint Petersburg, FL12$314,4177.8%
6Regions BankBirmingham, AL11$975,3647.1%
7Newtek Small Business FinanceLake Success, NY11$555,0918.1%
8United Community BankBlairsville, GA10$969,7007.3%
9First Financial BankEl Dorado, AR10$471,7006.9%
10Independence BankEast Greenwich, RI10$150,0007.1%
11Readycap Lending, LLCBerkeley Heights, NJ6$1,544,5007.5%
12Synovus BankColumbus, GA6$1,305,9337.2%
13Cadence BankAtlanta, GA6$398,9177.7%
14Valley National BankPassaic, NJ5$249,8008.0%
15BancorpSouth BankTupelo, MS4$837,9756.0%
16The Bancorp BankWilmington, DE4$252,8257.9%
17PNC BankWilmington, DE4$37,5008.0%
18IBERIABANKLafayette, LA3$1,917,3337.3%
19Meadows BankLas Vegas, NV3$1,046,7676.5%
20Peoples Bank of AlabamaCullman, AL3$523,3336.9%

 

PPP loan activity data: CARES Act from March – August 2020. Does not include 2021 PPP loans.

 

Categories: News Tags: Alabama
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