176 SBA loans worth $113.2M went to businesses in Mobile, AL between October 2021 and June 2026, from 54 lenders. Hancock Whitney Bank made the most, 16 loans. The median loan was $234,600, compared with $290,000 across Alabama, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Hancock Whitney Bank Bank · Gulfport, MS | 16 | $7.6M | $293,350 | 56% |
| 2 | Northeast Bank Bank · Portland, ME | 14 | $1.5M | $75,800 | 0% |
| 3 | Newtek Bank Bank · Miami, FL | 14 | $1.5M | $75,000 | 29% |
| 4 | Wells Fargo Bank Bank · Sioux Falls, SD | 14 | $1.3M | $15,000 | 86% |
| 5 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 10 | $5.2M | $45,000 | 10% |
| 6 | 22nd State Bank, A Division of 22nd State Banking Bank · Mobile, AL | 8 | $6.7M | $359,300 | 38% |
| 7 | Live Oak Banking Bank · Wilmington, NC | 6 | $11.9M | $830,000 | 50% |
| 8 | Huntington National Bank Bank · Columbus, OH | 6 | $4.8M | $382,500 | 50% |
| 9 | Florida First Capital Finance Corporation Certified development company · Tallahassee, FL | 6 | $4.7M | $600,000 | 0% |
| 10 | PNC Bank Bank · Wilmington, DE | 6 | $502K | $50,000 | 33% |
| 11 | Florida Business Development Certified development company · Tampa, FL | 5 | $5.7M | $498,000 | 40% |
| 12 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 5 | $692K | $51,700 | 0% |
| 13 | Southern Development Council Certified development company · Mountain Brook, AL | 4 | $5.2M | $1,477,500 | 25% |
| 14 | BankFirst Financial Services Bank · Columbus, MS | 4 | $669K | $139,900 | 25% |
| 15 | Metro City Bank Bank · Doraville, GA | 3 | $6.0M | $2,280,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 35 | $585,000 | 22nd State Bank, A Division of 22nd State Banking | |
| Health care and social assistance | 22 | $150,000 | Northeast Bank | |
| Retail | 22 | $249,900 | Wells Fargo Bank | |
| Construction | 17 | $115,000 | PNC Bank | |
| Professional and technical services | 13 | $210,000 | Readycap Lending | |
| Other services (repair, personal care) | 12 | $251,650 | Northeast Bank | |
| Manufacturing | 11 | $150,000 | Northeast Bank | |
| Transportation and warehousing | 11 | $105,000 | Hancock Whitney Bank |