County58th of 227 in Texas by approvalsFIPS 48143
SBA loans in Erath County, Texas
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 Erath County, Texas, received 32 SBA loan approvals worth $26.5M in FY2021 to FY2025 (30 7(a), 2 504).
That is 28.7 approvals per 1,000 business establishments (1,116 establishments in 2023), below the Texas figure of 37.2 and below the national 41.0.
It ranks 58th of 227 Texas counties with approvals. In FY2025 there were 10.
21 lenders had approvals here; the most active were Celtic Bank Corporation (5), Live Oak Banking Company (3) and BayFirst National Bank (3). The most common industry was automotive repair and maintenance.
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 Erath County
By number of approvals to businesses in the county, FY2021–FY2025; 21 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Celtic Bank CorporationSalt Lake City, UT | 5 | $4.0M | 15.6% | |
| 2 | Live Oak Banking CompanyWilmington, NC | 3 | $4.4M | 9.4% | |
| 3 | BayFirst National BankSaint Petersburg, FL | 3 | $450K | 9.4% | |
| 4 | Capital Certified Development CorporationAustin, TX · CDC | 2 | — | 6.3% | |
| 5 | KeyBank National AssociationCleveland, OH | 2 | — | 6.3% | |
| 6 | TexasBankFort Worth, TX | 2 | — | 6.3% | |
| 7 | Stellar BankHouston, TX | 1 | — | 3.1% | |
| 8 | The Huntington National BankColumbus, OH | 1 | — | 3.1% | |
| 9 | Readycap Lending, LLCBerkeley Heights, NJ | 1 | — | 3.1% | |
| 10 | Citizens National Bank of TexasWaxahachie, TX | 1 | — | 3.1% | |
| 11 | PCB BankLos Angeles, CA | 1 | — | 3.1% | |
| 12 | VelocitySBA, LLCIrving, TX | 1 | — | 3.1% | |
| 13 | East West BankPasadena, CA | 1 | — | 3.1% | |
| 14 | Newtek Small Business Finance, Inc.Lake Success, NY | 1 | — | 3.1% | |
| 15 | Metro City BankDoraville, GA | 1 | — | 3.1% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Automotive Repair and MaintenanceNAICS 8111 | 6 | 18.8% | |
| 2 | Gasoline StationsNAICS 4571 | 6 | 18.8% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 6 | 18.8% | |
| 4 | Other Heavy and Civil Engineering ConstructionNAICS 2379 | 2 | 6.3% | |
| 5 | Cattle Ranching and FarmingNAICS 1121 | 1 | 3.1% | |
| 6 | Beer, Wine, and Liquor StoresNAICS 4453 | 1 | 3.1% | |
| 7 | Remediation and Other Waste Management ServicesNAICS 5629 | 1 | 3.1% | |
| 8 | Gasoline StationsNAICS 4471 | 1 | 3.1% | |
| 9 | Grocery StoresNAICS 4451 | 1 | 3.1% | |
| 10 | Other Specialty Trade ContractorsNAICS 2389 | 1 | 3.1% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 10 | 31.3% | |
| 2 | Other Services (except Public Administration) | 6 | 18.8% | |
| 3 | Accommodation and Food Services | 6 | 18.8% | |
| 4 | Construction | 3 | 9.4% | |
| 5 | Professional, Scientific, and Technical Services | 2 | 6.3% | |
| 6 | Agriculture, Forestry, Fishing and Hunting | 1 | 3.1% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 1 | 3.1% | |
| 8 | Mining, Quarrying, and Oil and Gas Extraction | 1 | 3.1% |
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 | $1.9M | $459K | 0 | — | 4 | 52 |
| FY2025 | 9 | $7.8M | $691K | 1 | — | 10 | 46 |
| FY2024 | 5 | $4.7M | $1.1M | 1 | — | 6 | 59 |
| FY2023 | 4 | $1.6M | $264K | 0 | — | 4 | 80 |
| FY2022 | 6 | $3.3M | $300K | 0 | — | 6 | 82 |
| FY2021 | 6 | $7.8M | $917K | 0 | — | 6 | 111 |
| FY2020 | 10 | $6.0M | $275K | 0 | — | 10 | 57 |
| FY2019 | 5 | $4.2M | $350K | 0 | — | 5 | 26 |
| FY2018 | 6 | $5.0M | $738K | 1 | — | 7 | 33 |
| FY2017 | 6 | $1.7M | $230K | 3 | $1.0M | 9 | 66 |
| FY2016 | 4 | $1.7M | $296K | 1 | — | 5 | 27 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 36 approvals.
Against Texas and the country
| FY2021–FY2025 | Erath County | Texas | United States |
|---|---|---|---|
| Approvals | 32 | 24,935 | 342,825 |
| Approvals per 1,000 establishments | 28.7 | 37.2 | 41.0 |
| Median 7(a) approval | $682K | $320K | $190K |
| Median 504 approval | — | $974K | $657K |
| Average approval | $830K | $770K | $573K |
| 504 share of approvals | 6.3% | 6.8% | 11.0% |
| Jobs supported per approval, as reported | 11.8 | 12.6 | 10.5 |
| Share of state approvals | 0.1% | 100.0% | — |
Approval sizes
- $50,001 to $150,00021.9%7
- $150,001 to $350,0006.3%2
- $350,001 to $1 million40.6%13
- $1 million to $2 million21.9%7
- Over $2 million9.4%3
Age of the businesses
- Existing, more than 2 years old34.4%11
- New business, 2 years or less21.9%7
- Startup, loan funds will open the business21.9%7
- Change of ownership21.9%7
Questions and answers
Which lenders make the most SBA loans in Erath County?
By approvals in FY2021 to FY2025: Celtic Bank Corporation (5), Live Oak Banking Company (3), BayFirst National Bank (3), Capital Certified Development Corporation (2), KeyBank National Association (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Erath County?
The median 7(a) approval was $682K; the Texas 7(a) median was $320K.
Which industries get the most SBA loans in Erath County?
Automotive Repair and Maintenance (6); Gasoline Stations (6); Restaurants and Other Eating Places (6); Other Heavy and Civil Engineering Construction (2); Cattle Ranching and Farming (1).
Is SBA lending in Erath County rising?
Approvals in the three latest complete fiscal years total 20, against 22 in the three before: broadly level (-9%).
How does Erath County compare with the rest of Texas?
28.7 approvals per 1,000 establishments against 37.2 statewide, and 32 of the state's 24,935 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