Alabama · Retail
SBA loans for retail in Alabama
782 loans worth $431.7M approved since FY2010 for retail trade projects located in Alabama.
Loans
782
Approved
$431.7M
Median loan
$325,000
+30% vs sector nationally
Median rate
6.25%
Jobs supported
8,556
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 retail in Alabama
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Southern Development Council | 53 | $37.2M | |
| Live Oak Banking Company | 22 | $34.0M | |
| Birmingham Citywide Local Development Company | 37 | $24.6M | |
| Florida Business Development Corporation | 35 | $22.8M | |
| PNC Bank | 85 | $18.0M | |
| First Financial Bank | 24 | $14.8M | |
| The Huntington National Bank | 17 | $11.7M | |
| Coastal States Bank | 12 | $11.3M |
Detail
Which industries inside the sector
All SBA lending in Alabama
7,881 loans across every sector.
Retail nationally
91,542 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to retail businesses in Alabama?
- 782 SBA loans totalling $431,734,500 have been approved for retail trade projects in Alabama since FY2010.
- Which lenders finance retail in Alabama?
- The most active by dollars approved are Southern Development Council, Live Oak Banking Company, Birmingham Citywide Local Development Company, Florida Business Development Corporation. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for retail in Alabama?
- The median approval is $325,000, 30% above the national median for this sector ($250,000).
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