Alabama · Manufacturing
SBA loans for manufacturing in Alabama
110 loans worth $56.5M approved since FY2010 for manufacturing projects located in Alabama.
Loans
110
Approved
$56.5M
Median loan
$246,500
+23% vs sector nationally
Median rate
7.00%
Jobs supported
1,979
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 manufacturing in Alabama
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Florida First Capital Finance Corporation, Inc. | 4 | $7.4M | |
| Southern Development Council | 11 | $5.9M | |
| Birmingham Citywide Local Development Company | 9 | $5.2M | |
| Centennial Bank | 2 | $4.0M | |
| Pinnacle Bank | 5 | $3.7M | |
| PNC Bank | 3 | $3.4M | |
| First Horizon Bank | 3 | $3.3M | |
| First Bank of the Lake | 4 | $3.1M |
Detail
Which industries inside the sector
All SBA lending in Alabama
7,881 loans across every sector.
Manufacturing nationally
21,271 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to manufacturing businesses in Alabama?
- 110 SBA loans totalling $56,500,300 have been approved for manufacturing projects in Alabama since FY2010.
- Which lenders finance manufacturing in Alabama?
- The most active by dollars approved are Florida First Capital Finance Corporation, Inc., Southern Development Council, Birmingham Citywide Local Development Company, Centennial Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for manufacturing in Alabama?
- The median approval is $246,500, 23% above the national median for this sector ($200,000).
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