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SBA lenders in Sherman, TX

SBA 7(a) and 504 loans to businesses in Sherman (Grayson County), October 2021 to June 30, 2026 · Updated October 15, 2026
48
SBA loans approved
$50.9M
Total approved
$287,250
Median loan
26
Lenders active
42%
To startups

48 SBA loans worth $50.9M went to businesses in Sherman, TX between October 2021 and June 2026, from 26 lenders. Live Oak Banking made the most, 5 loans. The median loan was $287,250, compared with $320,600 across Texas, and health care and social assistance was the most financed industry.

Most active SBA lenders in Sherman

#LenderLoansApprovedMedian loanTo startups
1Live Oak Banking
Bank · Wilmington, NC
5$13.9M$2,937,00020%
2Readycap Lending
Non-bank lender · Berkeley Heights, NJ
5$8.3M$500,0000%
3Newtek Bank
Bank · Miami, FL
4$975K$250,0000%
4Newtek Small Business Finance
Non-bank lender · Lake Success, NY
3$522K$120,00033%
5Huntington National Bank
Bank · Columbus, OH
3$476K$205,000100%
6BayFirst National Bank
Bank · St. Petersburg, FL
3$385K$150,0000%
7Capital Certified Development
Certified development company · Austin, TX
2$7.0M$3,503,5000%
8First Bank of the Lake
Bank · Osage Beach, MO
2$5.0M$2,500,000100%
9First United Bank and Trust
Bank · Durant, OK
2$1.0M$520,6500%
10US Metro Bank
Bank · Garden Grove, CA
2$743K$371,50050%
11Wells Fargo Bank
Bank · Sioux Falls, SD
2$133K$66,400100%
12Enterprise Bank & Trust
Bank · Clayton, MO
1$4.6M$4,565,000100%
13North Texas Certified Development
Certified development company · Plano, TX
1$2.2M$2,190,000100%
14Metro City Bank
Bank · Doraville, GA
1$1.7M$1,749,0000%
15PCB Bank
Bank · Los Angeles, CA
1$766K$766,000100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Sherman. For 504 loans the lender shown is the certified development company.

What gets financed in Sherman

IndustryLoansShareMedian loanMost active lender
Health care and social assistance9
19%
$205,000Huntington National Bank
Restaurants and hotels8
17%
$1,478,000Readycap Lending
Retail8
17%
$537,500BayFirst National Bank
Other services (repair, personal care)6
12%
$246,500Readycap Lending
Professional and technical services5
10%
$425,000Newtek Bank
Manufacturing5
10%
$200,000First Bank of the Lake
Wholesale trade3
6%
$2,716,000Live Oak Banking
Administrative and support services2
4%
$100,000U.S. Bank
Loan size mix
  • Under $150,00025%
  • $150,000 to $500,00038%
  • $500,000 to $2 million17%
  • $2 million and up21%
Compared with Texas
Median loan, Sherman
$287,250
Median loan, Texas
$320,600
Startup share, Sherman
42%
Startup share, Texas
40%
Share of state's SBA loans
0.2%

SBA loans per fiscal year in Sherman

071320FY14: 4 loansFY14FY15: 4 loansFY15FY16: 4 loansFY16FY17: 4 loansFY17FY18: 3 loansFY18FY19: 4 loansFY19FY20: 4 loansFY20FY21: 7 loansFY21FY22: 8 loansFY22FY23: 6 loansFY23FY24: 16 loansFY2416FY25: 10 loansFY25FY26 (Oct to Jun): 8 loansFY268
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.