States › Alabama › St. Clair County
County14th of 64 in Alabama by approvalsFIPS 01115
SBA loans in St. Clair County, Alabama
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Businesses in St. Clair County, Alabama, received 39 SBA loan approvals worth $17.9M in FY2021 to FY2025 (31 7(a), 8 504).
That is 26.8 approvals per 1,000 business establishments (1,454 establishments in 2023), close to the Alabama figure of 24.1 and below the national 41.0.
It ranks 14th of 64 Alabama counties with approvals. In FY2025 there were 16.
24 lenders had approvals here; the most active were Birmingham Citywide Local Development Company (5), Live Oak Banking Company (3) and Readycap Lending, LLC (3). The most common industry was services to buildings and dwellings.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in St. Clair County
By number of approvals to businesses in the county, FY2021–FY2025; 24 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Birmingham Citywide Local Development CompanyBirmingham, AL · CDC | 5 | $4.7M | 12.8% | |
| 2 | Live Oak Banking CompanyWilmington, NC | 3 | $3.1M | 7.7% | |
| 3 | Readycap Lending, LLCBerkeley Heights, NJ | 3 | $582K | 7.7% | |
| 4 | United Midwest Savings Bank National AssociationDe Graff, OH | 3 | $450K | 7.7% | |
| 5 | The Huntington National BankColumbus, OH | 2 | — | 5.1% | |
| 6 | BayFirst National BankSaint Petersburg, FL | 2 | — | 5.1% | |
| 7 | Florida Business Development CorporationTampa, FL · CDC | 2 | — | 5.1% | |
| 8 | Sabre FinanceBirmingham, AL | 2 | — | 5.1% | |
| 9 | Community Bank of MississippiFlowood, MS | 2 | — | 5.1% | |
| 10 | Southern Development CouncilMountain Brook, AL · CDC | 1 | — | 2.6% | |
| 11 | SouthState Bank, National AssociationWinter Haven, FL | 1 | — | 2.6% | |
| 12 | Byline BankChicago, IL | 1 | — | 2.6% | |
| 13 | Peoples Bank of AlabamaCullman, AL | 1 | — | 2.6% | |
| 14 | Grasshopper Bank National AssociationNew York, NY | 1 | — | 2.6% | |
| 15 | Renasant BankTupelo, MS | 1 | — | 2.6% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Services to Buildings and DwellingsNAICS 5617 | 4 | 10.3% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 7.7% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 2 | 5.1% | |
| 4 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 2 | 5.1% | |
| 5 | Other Schools and InstructionNAICS 6116 | 2 | 5.1% | |
| 6 | Offices of Other Health PractitionersNAICS 6213 | 2 | 5.1% | |
| 7 | Amusement Parks and ArcadesNAICS 7131 | 1 | 2.6% | |
| 8 | Management of Companies and EnterprisesNAICS 5511 | 1 | 2.6% | |
| 9 | Outpatient Care CentersNAICS 6214 | 1 | 2.6% | |
| 10 | Other Fabricated Metal Product ManufacturingNAICS 3329 | 1 | 2.6% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 5 | 12.8% | |
| 2 | Construction | 4 | 10.3% | |
| 3 | Other Services (except Public Administration) | 4 | 10.3% | |
| 4 | Administrative and Support and Waste Management and Remediation Services | 4 | 10.3% | |
| 5 | Manufacturing | 4 | 10.3% | |
| 6 | Retail Trade | 4 | 10.3% | |
| 7 | Accommodation and Food Services | 2 | 5.1% | |
| 8 | Transportation and Warehousing | 2 | 5.1% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 4 | $805K | $205K | 1 | — | 5 | 20 |
| FY2025 | 14 | $6.5M | $341K | 2 | — | 16 | 371 |
| FY2024 | 3 | $258K | $100K | 3 | $1.3M | 6 | 19 |
| FY2023 | 4 | $300K | $63K | 1 | — | 5 | 34 |
| FY2022 | 4 | $2.2M | $567K | 0 | — | 4 | 57 |
| FY2021 | 6 | $1.6M | $150K | 2 | — | 8 | 37 |
| FY2020 | 7 | $3.7M | $150K | 1 | — | 8 | 179 |
| FY2019 | 5 | $2.7M | $120K | 4 | $3.0M | 9 | 63 |
| FY2018 | 5 | $1.4M | $25K | 0 | — | 5 | 14 |
| FY2017 | 3 | $1.6M | $500K | 0 | — | 3 | 29 |
| FY2016 | 4 | $2.0M | $628K | 0 | — | 4 | 20 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 29 approvals.
Against Alabama and the country
| FY2021–FY2025 | St. Clair County | Alabama | United States |
|---|---|---|---|
| Approvals | 39 | 2,552 | 342,825 |
| Approvals per 1,000 establishments | 26.8 | 24.1 | 41.0 |
| Median 7(a) approval | $150K | $260K | $190K |
| Median 504 approval | $420K | $659K | $657K |
| Average approval | $459K | $696K | $573K |
| 504 share of approvals | 20.5% | 13.7% | 11.0% |
| Jobs supported per approval, as reported | 13.3 | 11.4 | 10.5 |
| Share of state approvals | 1.5% | 100.0% | — |
Approval sizes
- $50,000 or less10.3%4
- $50,001 to $150,00033.3%13
- $150,001 to $350,00015.4%6
- $350,001 to $1 million33.3%13
- $1 million to $2 million2.6%1
- Over $2 million5.1%2
Age of the businesses
- Existing, more than 2 years old53.8%21
- New business, 2 years or less12.8%5
- Startup, loan funds will open the business23.1%9
- Change of ownership10.3%4
Questions and answers
Which lenders make the most SBA loans in St. Clair County?
By approvals in FY2021 to FY2025: Birmingham Citywide Local Development Company (5), Live Oak Banking Company (3), Readycap Lending, LLC (3), United Midwest Savings Bank National Association (3), The Huntington National Bank (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in St. Clair County?
The median 7(a) approval was $150K and the median 504 approval $420K; the Alabama 7(a) median was $260K.
Which industries get the most SBA loans in St. Clair County?
Services to Buildings and Dwellings (4); Automotive Repair and Maintenance (3); Restaurants and Other Eating Places (2); Management, Scientific, and Technical Consulting Services (2); Other Schools and Instruction (2).
Is SBA lending in St. Clair County rising?
Approvals in the three latest complete fiscal years total 27, against 20 in the three before: rising (+35%).
How does St. Clair County compare with the rest of Alabama?
26.8 approvals per 1,000 establishments against 24.1 statewide, and 39 of the state's 2,552 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error