Alabama · Professional Services
SBA loans for professional services in Alabama
652 loans worth $256.5M approved since FY2010 for professional, scientific, and technical services projects located in Alabama.
Loans
652
Approved
$256.5M
Median loan
$150,000
+0% vs sector nationally
Median rate
7.51%
Jobs supported
5,479
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 professional services in Alabama
| Lender | Loans | Approved | Share |
|---|---|---|---|
| The Huntington National Bank | 34 | $25.3M | |
| Live Oak Banking Company | 21 | $24.4M | |
| Regions Bank | 30 | $22.6M | |
| Birmingham Citywide Local Development Company | 33 | $15.5M | |
| PNC Bank | 112 | $14.9M | |
| Southern Development Council | 31 | $13.6M | |
| United Community Bank | 10 | $10.0M | |
| Pinnacle Bank | 13 | $9.0M |
Detail
Which industries inside the sector
All SBA lending in Alabama
7,881 loans across every sector.
Professional Services nationally
101,046 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to professional services businesses in Alabama?
- 652 SBA loans totalling $256,544,500 have been approved for professional, scientific, and technical services projects in Alabama since FY2010.
- Which lenders finance professional services in Alabama?
- The most active by dollars approved are The Huntington National Bank, Live Oak Banking Company, Regions Bank, Birmingham Citywide Local Development Company. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for professional services in Alabama?
- The median approval is $150,000.
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