126 SBA loans worth $76.0M went to businesses in Magnolia, TX between October 2021 and June 2026, from 51 lenders. Huntington National Bank made the most, 15 loans. The median loan was $250,000, compared with $320,600 across Texas, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 15 | $5.1M | $171,000 | 80% |
| 2 | Newtek Bank Bank · Miami, FL | 12 | $3.7M | $200,000 | 8% |
| 3 | Zions Bank, A Division of Bank · Salt Lake City, UT | 9 | $872K | $50,000 | 0% |
| 4 | JPMorgan Chase Bank Bank · Columbus, OH | 8 | $1.7M | $250,000 | 0% |
| 5 | Northeast Bank Bank · Portland, ME | 8 | $1.4M | $165,000 | 38% |
| 6 | Live Oak Banking Bank · Wilmington, NC | 6 | $8.8M | $815,000 | 33% |
| 7 | Wells Fargo Bank Bank · Sioux Falls, SD | 6 | $92K | $15,000 | 100% |
| 8 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 4 | $1.2M | $163,500 | 0% |
| 9 | LiftFund Certified development company · San Antonio, TX | 3 | $6.1M | $1,933,000 | 33% |
| 10 | Capital Certified Development Certified development company · Austin, TX | 3 | $4.7M | $1,716,000 | 67% |
| 11 | Trustmark Bank Bank · Jackson, MS | 3 | $1.2M | $212,500 | 100% |
| 12 | PNC Bank Bank · Wilmington, DE | 2 | $7.0M | $3,507,500 | 0% |
| 13 | Leader Bank Bank · Arlington, MA | 2 | $4.7M | $2,333,700 | 100% |
| 14 | Enterprise Bank & Trust Bank · Clayton, MO | 2 | $3.1M | $1,554,250 | 0% |
| 15 | First Bank of the Lake Bank · Osage Beach, MO | 2 | $1.0M | $524,150 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 32 | $200,000 | Newtek Bank | |
| Retail | 16 | $186,250 | Huntington National Bank | |
| Other services (repair, personal care) | 16 | $395,450 | Zions Bank, A Division of | |
| Health care and social assistance | 13 | $525,000 | Wells Fargo Bank | |
| Restaurants and hotels | 11 | $350,000 | LiftFund | |
| Professional and technical services | 9 | $100,000 | Northeast Bank | |
| Arts, entertainment and recreation | 8 | $236,250 | Huntington National Bank | |
| Administrative and support services | 6 | $160,500 | Huntington National Bank |