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Alabama · Information
SBA loans for information in Alabama
61 loans worth $24.7M approved since FY2010 for information projects located in Alabama.
Loans
61
Approved
$24.7M
Median loan
$225,000
+50% vs sector nationally
Median rate
7.75%
Jobs supported
675
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 information in Alabama
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Birmingham Citywide Local Development Company | 4 | $5.8M | |
| Florida Business Development Corporation | 3 | $3.6M | |
| Peoples Bank and Trust Company | 1 | $2.2M | |
| Regions Bank | 5 | $1.6M | |
| Florida First Capital Finance Corporation, Inc. | 1 | $1.5M | |
| SouthState Bank | 5 | $1.4M | |
| BayFirst National Bank | 5 | $1.4M | |
| Pinnacle Bank | 2 | $829K |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for information in Alabama since FY2010 was $225,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in Alabama
7,881 loans across every sector.
Information nationally
11,001 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to information businesses in Alabama?
- 61 SBA loans totalling $24,652,200 have been approved for information projects in Alabama since FY2010.
- Which lenders finance information in Alabama?
- The most active by dollars approved are Birmingham Citywide Local Development Company, Florida Business Development Corporation, Peoples Bank and Trust Company, Regions Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for information in Alabama?
- The median approval is $225,000, 50% above the national median for this sector ($150,000).
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