Birmingham Citywide Local Development approved 46 SBA loans worth $53.4M between October 2021 and June 2026, ranking #581 of 2,283 SBA lenders nationally by loan count. Its median loan was $927,500, and 35% went to startups or businesses under two years old. It lent in 1 states, most often in Alabama, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Alabama | 46 | $53.4M | $927,500 | #14 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 10 | $1,005,500 | |
| Manufacturing | 8 | $777,500 | |
| Health care and social assistance | 7 | $1,442,000 | |
| Other services (repair, personal care) | 6 | $567,000 | |
| Arts, entertainment and recreation | 5 | $940,000 | |
| Construction | 3 | $505,000 | |
| Retail | 2 | $1,074,000 | |
| Information and media | 1 | $2,501,000 | |
| Real estate and rental | 1 | $85,000 | |
| Professional and technical services | 1 | $1,842,000 |