Last annual update:
Quite a few Texas-based banks were among the largest lenders to “The Lone Star State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a hotel, restaurant, auto repair, medical practice, veterinary or pharmacy, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top SBA Lenders in Texas:
| State Rank | Bank | Headquarters | # Loans | Avg Loan | Avg Int |
|---|---|---|---|---|---|
| 1 | Compass Bank | Birmingham, AL | 926 | $192,585 | 8.3% |
| 2 | Wells Fargo | Sioux Falls, SD | 634 | $311,920 | 7.9% |
| 3 | JPMorgan Chase Bank | Columbus, OH | 417 | $288,121 | 6.9% |
| 4 | Celtic Bank | Salt Lake City, UT | 140 | $446,572 | 6.7% |
| 5 | Spirit of Texas Bank | College Station, TX | 137 | $394,892 | 6.4% |
| 6 | Stearns Bank | Saint Cloud, MN | 111 | $302,559 | 6.8% |
| 7 | Live Oak | Wilmington, NC | 109 | $1,440,032 | 6.1% |
| 8 | Independence Bank | East Greenwich, RI | 107 | $111,682 | 7.3% |
| 9 | Comerica Bank | Dallas, TX | 103 | $524,053 | 5.7% |
| 10 | First Home Bank | Seminole, FL | 87 | $238,977 | 6.8% |
| 11 | PeopleFund | Austin, TX | 80 | $107,288 | 6.9% |
| 12 | Wallis State Bank | Wallis, TX | 77 | $834,208 | 6.3% |
| 13 | Frost Bank | San Antonio, TX | 66 | $288,389 | 6.5% |
| 14 | Zions Bank | Salt Lake City, UT | 49 | $625,704 | 6.4% |
| 15 | LiftFund | San Antonio, TX | 48 | $125,608 | 8.3% |
| 16 | Commonwealth Business Bank | Los Angeles, CA | 47 | $1,372,689 | 5.9% |
| 17 | Green Bank | Houston, TX | 47 | $1,421,881 | 6.2% |
| 18 | Icon Bank of Texas | Houston, TX | 44 | $792,723 | 6.4% |
| 19 | United Midwest Savings Bank | De Graff, OH | 42 | $284,162 | 7.0% |
| 20 | Regions Bank | Birmingham, AL | 41 | $829,968 | 6.3% |
| 21 | Seacoast Commerce Bank | San Diego, CA | 40 | $1,129,470 | 5.9% |
| 22 | Bank of Hope | Los Angeles, CA | 38 | $496,829 | 5.8% |
| 23 | Veritex Community Bank | Dallas, TX | 38 | $985,516 | 6.1% |
| 24 | Capital One | Mclean, VA | 36 | $522,853 | 5.7% |
| 25 | Allegiance Bank | Houston, TX | 34 | $920,162 | 6.1% |
| 26 | Texas Citizens Bank | Pasadena, TX | 32 | $854,688 | 6.6% |
| 27 | Newtek Small Business | Lake Success, NY | 30 | $708,917 | 6.8% |
| 28 | First Financial Bank | El Dorado, AR | 29 | $1,198,069 | 6.3% |
| 29 | United Community Bank | Blairsville, GA | 28 | $858,393 | 6.1% |
| 30 | Horizon Bank, SSB | Austin, TX | 27 | $705,985 | 6.4% |
| 31 | The American National Bank of Texas | Terrell, TX | 27 | $323,756 | 6.4% |
| 32 | Independent Bank | Mckinney, TX | 26 | $587,231 | 5.4% |
| 33 | Pioneer Bank | Austin, TX | 24 | $1,283,425 | 6.2% |
| 34 | BankUnited | Miami Lakes, FL | 22 | $1,785,773 | 6.4% |
| 35 | Lubbock National Bank | Lubbock, TX | 22 | $454,114 | 6.3% |
| 36 | Plains State Bank | Humble, TX | 22 | $1,682,664 | 6.1% |
| 37 | BB&T | Winston Salem, NC | 21 | $275,190 | 5.8% |
| 38 | First United Bank and Trust | Durant, OK | 21 | $777,143 | 6.3% |
| 39 | The Bancorp Bank | Wilmington, DE | 21 | $578,286 | 6.6% |
| 40 | Texas Capital Bank | Dallas, TX | 20 | $1,818,250 | 6.3% |
| 41 | Citizens Bank | Elizabethton, TN | 19 | $1,360,697 | 6.4% |
| 42 | First IC Bank | Doraville, GA | 19 | $821,237 | 5.8% |
| 43 | Randolph-Brooks FCU | Live Oak, TX | 19 | $350,779 | 5.8% |
| 44 | First Financial Bank | Abilene, TX | 18 | $172,500 | 6.4% |
| 45 | Readycap Lending, LLC | New Providence, NJ | 18 | $433,000 | 6.8% |
| 46 | Texan Bank | Houston, TX | 18 | $1,602,711 | 5.7% |
| 47 | Affiliated Bank | Bedford, TX | 17 | $993,941 | 6.4% |
| 48 | Bank of America | Charlotte, NC | 17 | $755,847 | 5.8% |
| 49 | Broadway National Bank | San Antonio, TX | 17 | $441,588 | 5.9% |
| 50 | Texas Champion Bank | Corpus Christi, TX | 17 | $325,600 | 6.3% |