Alabama · Restaurants & Hotels
SBA loans for restaurants & hotels in Alabama
1,347 loans worth $1.19B approved since FY2010 for accommodation and food services projects located in Alabama.
Loans
1,347
Approved
$1.19B
Median loan
$459,000
+53% vs sector nationally
Median rate
6.75%
Jobs supported
25,515
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to restaurants & hotels in Alabama
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Southern Development Council | 107 | $104.9M | |
| Florida Business Development Corporation | 57 | $67.7M | |
| Birmingham Citywide Local Development Company | 62 | $57.0M | |
| Peoples Bank | 15 | $39.1M | |
| Metro City Bank | 35 | $36.4M | |
| PromiseOne Bank | 29 | $36.2M | |
| GBank | 13 | $32.5M | |
| The Huntington National Bank | 49 | $31.8M |
Detail
Which industries inside the sector
All SBA lending in Alabama
7,881 loans across every sector.
Restaurants & Hotels nationally
137,471 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to restaurants & hotels businesses in Alabama?
- 1,347 SBA loans totalling $1,191,489,700 have been approved for accommodation and food services projects in Alabama since FY2010.
- Which lenders finance restaurants & hotels in Alabama?
- The most active by dollars approved are Southern Development Council, Florida Business Development Corporation, Birmingham Citywide Local Development Company, Peoples Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for restaurants & hotels in Alabama?
- The median approval is $459,000, 53% above the national median for this sector ($300,000).
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