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County12th of 227 in Texas by approvalsFIPS 48215
SBA loans in Hidalgo 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 Hidalgo County, Texas, received 379 SBA loan approvals worth $150M in FY2021 to FY2025 (358 7(a), 21 504).
That is 28.3 approvals per 1,000 business establishments (13,393 establishments in 2023), below the Texas figure of 37.2 and below the national 41.0.
It ranks 12th of 227 Texas counties with approvals. In FY2025 there were 104, up 9% on FY2024.
63 lenders had approvals here; the most active were Lone Star National Bank (49), Greater State Bank (33) and PlainsCapital Bank (33). The most common industry was restaurants and other eating places.
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 Hidalgo County
By number of approvals to businesses in the county, FY2021–FY2025; 63 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Lone Star National BankPharr, TX | 49 | $10.9M | 12.9% | |
| 2 | Greater State BankMcAllen, TX | 33 | $8.7M | 8.7% | |
| 3 | PlainsCapital BankDallas, TX | 33 | $2.7M | 8.7% | |
| 4 | Wells Fargo Bank National AssociationSioux Falls, SD | 28 | $7.1M | 7.4% | |
| 5 | Newtek Bank, National AssociationMiami, FL | 21 | $12.4M | 5.5% | |
| 6 | Readycap Lending, LLCBerkeley Heights, NJ | 21 | $4.4M | 5.5% | |
| 7 | PNC Bank, National AssociationWilmington, DE | 19 | $3.6M | 5.0% | |
| 8 | Northeast BankLewiston, ME | 16 | $2.7M | 4.2% | |
| 9 | The Huntington National BankColumbus, OH | 13 | $3.5M | 3.4% | |
| 10 | BayFirst National BankSaint Petersburg, FL | 13 | $2.1M | 3.4% | |
| 11 | JPMorgan Chase Bank, National AssociationColumbus, OH | 11 | $2.8M | 2.9% | |
| 12 | LiftFund, Inc.San Antonio, TX | 9 | $1.7M | 2.4% | |
| 13 | LiftFund, Inc.San Antonio, TX · CDC | 8 | $13.4M | 2.1% | |
| 14 | Live Oak Banking CompanyWilmington, NC | 8 | $8.1M | 2.1% | |
| 15 | Newtek Small Business Finance, Inc.Lake Success, NY | 7 | $2.3M | 1.8% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 37 | 9.8% | |
| 2 | General Freight TruckingNAICS 4841 | 27 | 7.1% | |
| 3 | Offices of Other Health PractitionersNAICS 6213 | 23 | 6.1% | |
| 4 | Personal Care ServicesNAICS 8121 | 13 | 3.4% | |
| 5 | Building Equipment ContractorsNAICS 2382 | 13 | 3.4% | |
| 6 | Grocery and Related Product Merchant WholesalersNAICS 4244 | 11 | 2.9% | |
| 7 | Offices of PhysiciansNAICS 6211 | 11 | 2.9% | |
| 8 | Child Day Care ServicesNAICS 6244 | 11 | 2.9% | |
| 9 | Legal ServicesNAICS 5411 | 10 | 2.6% | |
| 10 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 8 | 2.1% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 65 | 17.2% | |
| 2 | Accommodation and Food Services | 45 | 11.9% | |
| 3 | Transportation and Warehousing | 43 | 11.3% | |
| 4 | Retail Trade | 39 | 10.3% | |
| 5 | Construction | 30 | 7.9% | |
| 6 | Wholesale Trade | 28 | 7.4% | |
| 7 | Professional, Scientific, and Technical Services | 28 | 7.4% | |
| 8 | Manufacturing | 26 | 6.9% |
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* | 36 | $12.1M | $150K | 1 | — | 37 | 299 |
| FY2025 | 102 | $39.9M | $150K | 2 | — | 104 | 1,460 |
| FY2024 | 93 | $19.1M | $100K | 2 | — | 95 | 1,032 |
| FY2023 | 75 | $28.0M | $225K | 3 | $1.2M | 78 | 1,340 |
| FY2022 | 43 | $14.7M | $150K | 10 | $14.6M | 53 | 455 |
| FY2021 | 45 | $21.8M | $350K | 4 | $3.9M | 49 | 812 |
| FY2020 | 26 | $13.0M | $150K | 2 | — | 28 | 242 |
| FY2019 | 51 | $15.9M | $150K | 2 | — | 53 | 677 |
| FY2018 | 50 | $14.0M | $101K | 0 | — | 50 | 288 |
| FY2017 | 98 | $28.5M | $50K | 4 | $4.6M | 102 | 979 |
| FY2016 | 104 | $17.2M | $38K | 3 | $2.4M | 107 | 945 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 340 approvals.
Against Texas and the country
| FY2021–FY2025 | Hidalgo County | Texas | United States |
|---|---|---|---|
| Approvals | 379 | 24,935 | 342,825 |
| Approvals per 1,000 establishments | 28.3 | 37.2 | 41.0 |
| Median 7(a) approval | $150K | $320K | $190K |
| Median 504 approval | $925K | $974K | $657K |
| Average approval | $396K | $770K | $573K |
| 504 share of approvals | 5.5% | 6.8% | 11.0% |
| Jobs supported per approval, as reported | 13.5 | 12.6 | 10.5 |
| Share of state approvals | 1.5% | 100.0% | — |
Approval sizes
- $50,000 or less21.9%83
- $50,001 to $150,00029.0%110
- $150,001 to $350,00020.8%79
- $350,001 to $1 million19.8%75
- $1 million to $2 million4.7%18
- Over $2 million3.7%14
Age of the businesses
- Existing, more than 2 years old58.0%220
- New business, 2 years or less19.8%75
- Startup, loan funds will open the business20.6%78
- Change of ownership1.3%5
- Not answered0.3%1
Questions and answers
Which lenders make the most SBA loans in Hidalgo County?
By approvals in FY2021 to FY2025: Lone Star National Bank (49), Greater State Bank (33), PlainsCapital Bank (33), Wells Fargo Bank National Association (28), Newtek Bank, National Association (21). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Hidalgo County?
The median 7(a) approval was $150K and the median 504 approval $925K; the Texas 7(a) median was $320K.
Which industries get the most SBA loans in Hidalgo County?
Restaurants and Other Eating Places (37); General Freight Trucking (27); Offices of Other Health Practitioners (23); Personal Care Services (13); Building Equipment Contractors (13).
Is SBA lending in Hidalgo County rising?
Approvals in the three latest complete fiscal years total 277, against 130 in the three before: rising (+113%).
How does Hidalgo County compare with the rest of Texas?
28.3 approvals per 1,000 establishments against 37.2 statewide, and 379 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