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SBA lenders in Montgomery, AL

SBA 7(a) and 504 loans to businesses in Montgomery (Montgomery County), October 2021 to June 30, 2026 · Updated October 15, 2026
97
SBA loans approved
$84.6M
Total approved
$330,000
Median loan
48
Lenders active
30%
To startups

97 SBA loans worth $84.6M went to businesses in Montgomery, AL between October 2021 and June 2026, from 48 lenders. Newtek Bank made the most, 10 loans. The median loan was $330,000, compared with $290,000 across Alabama, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Montgomery

#LenderLoansApprovedMedian loanTo startups
1Newtek Bank
Bank · Miami, FL
10$2.8M$187,50010%
2Huntington National Bank
Bank · Columbus, OH
7$4.7M$250,00029%
3Northeast Bank
Bank · Portland, ME
6$734K$105,00033%
4Readycap Lending
Non-bank lender · Berkeley Heights, NJ
5$501K$115,00040%
5Bank of Hope
Bank · Los Angeles, CA
4$5.2M$488,50050%
6Southern Development Council
Certified development company · Mountain Brook, AL
4$4.2M$790,00025%
7Metro City Bank
Bank · Doraville, GA
4$2.9M$675,00025%
8Celtic Bank
Bank · Salt Lake City, UT
4$464K$143,5000%
9Live Oak Banking
Bank · Wilmington, NC
3$4.0M$1,440,00033%
10Florida Business Development
Certified development company · Tampa, FL
3$2.0M$640,00033%
11GBank
Bank · Las Vegas, NV
2$7.7M$3,850,00050%
12Peoples Bank
Bank · Mendenhall, MS
2$5.8M$2,877,200100%
13River Bank and Trust
Bank · Prattville, AL
2$2.3M$1,130,50050%
14Florida First Capital Finance Corporation
Certified development company · Tallahassee, FL
2$1.8M$886,50050%
15Renasant Bank
Bank · Tupelo, MS
2$1.5M$754,3500%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Montgomery. For 504 loans the lender shown is the certified development company.

What gets financed in Montgomery

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels25
26%
$1,440,000Newtek Bank
Retail12
12%
$491,900Newtek Bank
Health care and social assistance9
9%
$150,000Northeast Bank
Manufacturing8
8%
$250,000Huntington National Bank
Other services (repair, personal care)7
7%
$583,000Florida First Capital Finance Corporation
Transportation and warehousing7
7%
$75,000Northeast Bank
Professional and technical services7
7%
$275,000Newtek Bank
Construction6
6%
$150,000Metro City Bank
Loan size mix
  • Under $150,00022%
  • $150,000 to $500,00037%
  • $500,000 to $2 million27%
  • $2 million and up14%
Compared with Alabama
Median loan, Montgomery
$330,000
Median loan, Alabama
$290,000
Startup share, Montgomery
30%
Startup share, Alabama
38%
Share of state's SBA loans
4.0%

SBA loans per fiscal year in Montgomery

0102030FY14: 26 loansFY1426FY15: 25 loansFY15FY16: 24 loansFY16FY17: 24 loansFY17FY18: 25 loansFY18FY19: 14 loansFY19FY20: 9 loansFY20FY21: 26 loansFY21FY22: 17 loansFY22FY23: 25 loansFY23FY24: 20 loansFY24FY25: 22 loansFY25FY26 (Oct to Jun): 13 loansFY2613
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.