SHANE PIERSON · SBA DATA
SBA Lending by State · Alabama

SBA Lending in Alabama

Alabama is a mid-sized SBA market concentrated in food and lodging, growing -4%.

15,997
Total SBA loans
$6.2B
Approved dollars
3.5
Loans per 1,000 businesses / yr
-4%
Growth, 2010s to 2020s
10.7%
Active-loan distress
#38
Rank, national volume
#47
Rank, loans per business

Every SBA 7(a) and 504 loan approved in Alabama since 1991 sits in the public federal record. Alabama accounts for 15,997 of them, worth $6.2B, split 12,889 under 7(a) and 3,108 under 504. Roughly 15% of 7(a) went to startups and new businesses.

Top industries funded in Alabama

  • Other1,985 loans · $415M
  • Retail1,955 loans · $542M
  • Food & Lodging1,406 loans · $954M
  • Personal Services1,003 loans · $295M
  • Construction939 loans · $200M
  • Professional Services916 loans · $249M

Program mix

12,889
7(a) loans
3,108
504 loans
15%
To startups & new businesses
85%
To existing businesses
See Alabama on the interactive map

Drill Alabama to the zip-code level, see its top lenders, and shade it by growth, dollars, or distress.

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Loan counts and dollars cover SBA 7(a) and 504, approved and not cancelled, gross basis. Growth, distress, per-business rates, industries, and startup share describe the 7(a) book. Approval is not funding. FOIA record as of March 31, 2026.