Texas · Mining & Energy
SBA loans for mining & energy in Texas
557 loans worth $381.6M approved since FY2010 for mining, quarrying, and oil and gas extraction projects located in Texas.
Loans
557
Approved
$381.6M
Median loan
$226,000
-1% vs sector nationally
Median rate
7.00%
Jobs supported
8,959
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 mining & energy in Texas
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Newtek Small Business Finance, Inc. | 8 | $26.7M | |
| The Huntington National Bank | 14 | $19.1M | |
| Plains State Bank | 9 | $18.2M | |
| JPMorgan Chase Bank | 36 | $18.1M | |
| SouthWest Bank | 27 | $16.0M | |
| Byline Bank | 6 | $12.3M | |
| Newtek Bank | 7 | $12.1M | |
| Wells Fargo Bank | 33 | $11.3M |
Detail
Which industries inside the sector
All SBA lending in Texas
77,109 loans across every sector.
Mining & Energy nationally
2,367 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to mining & energy businesses in Texas?
- 557 SBA loans totalling $381,627,800 have been approved for mining, quarrying, and oil and gas extraction projects in Texas since FY2010.
- Which lenders finance mining & energy in Texas?
- The most active by dollars approved are Newtek Small Business Finance, Inc., The Huntington National Bank, Plains State Bank, JPMorgan Chase Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for mining & energy in Texas?
- The median approval is $226,000.
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