County39th of 227 in Texas by approvalsFIPS 48221
SBA loans in Hood 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 Hood County, Texas, received 73 SBA loan approvals worth $52.9M in FY2021 to FY2025 (67 7(a), 6 504).
That is 47.0 approvals per 1,000 business establishments (1,552 establishments in 2023), above the Texas figure of 37.2 and close to the national 41.0.
It ranks 39th of 227 Texas counties with approvals. In FY2025 there were 18, up 20% on FY2024.
41 lenders had approvals here; the most active were Newtek Bank, National Association (8), PlainsCapital Bank (6) and Live Oak Banking Company (5). 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 Hood County
By number of approvals to businesses in the county, FY2021–FY2025; 41 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Newtek Bank, National AssociationMiami, FL | 8 | $1.3M | 11.0% | |
| 2 | PlainsCapital BankDallas, TX | 6 | $3.1M | 8.2% | |
| 3 | Live Oak Banking CompanyWilmington, NC | 5 | $9.1M | 6.8% | |
| 4 | PNC Bank, National AssociationWilmington, DE | 4 | $3.6M | 5.5% | |
| 5 | Readycap Lending, LLCBerkeley Heights, NJ | 4 | $1.1M | 5.5% | |
| 6 | Northeast BankLewiston, ME | 4 | $369K | 5.5% | |
| 7 | Capital Certified Development CorporationAustin, TX · CDC | 3 | $2.4M | 4.1% | |
| 8 | The Huntington National BankColumbus, OH | 3 | $1.5M | 4.1% | |
| 9 | First Bank of the LakeOsage Beach, MO | 2 | — | 2.7% | |
| 10 | Frost BankSan Antonio, TX | 2 | — | 2.7% | |
| 11 | JPMorgan Chase Bank, National AssociationColumbus, OH | 2 | — | 2.7% | |
| 12 | Celtic Bank CorporationSalt Lake City, UT | 1 | — | 1.4% | |
| 13 | Texas Republic Bank National AssociationFrisco, TX | 1 | — | 1.4% | |
| 14 | Southern BankPoplar Bluff, MO | 1 | — | 1.4% | |
| 15 | Metro City BankDoraville, GA | 1 | — | 1.4% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 13 | 17.8% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 6 | 8.2% | |
| 3 | Other Motor Vehicle DealersNAICS 4412 | 6 | 8.2% | |
| 4 | Building Equipment ContractorsNAICS 2382 | 5 | 6.8% | |
| 5 | Other Amusement and Recreation IndustriesNAICS 7139 | 4 | 5.5% | |
| 6 | Lessors of Real EstateNAICS 5311 | 3 | 4.1% | |
| 7 | Traveler AccommodationNAICS 7211 | 2 | 2.7% | |
| 8 | Drinking Places (Alcoholic Beverages)NAICS 7224 | 2 | 2.7% | |
| 9 | Office Administrative ServicesNAICS 5611 | 2 | 2.7% | |
| 10 | Individual and Family ServicesNAICS 6241 | 2 | 2.7% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 18 | 24.7% | |
| 2 | Retail Trade | 14 | 19.2% | |
| 3 | Other Services (except Public Administration) | 11 | 15.1% | |
| 4 | Construction | 7 | 9.6% | |
| 5 | Arts, Entertainment, and Recreation | 4 | 5.5% | |
| 6 | Real Estate and Rental and Leasing | 4 | 5.5% | |
| 7 | Manufacturing | 3 | 4.1% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 3 | 4.1% |
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* | 5 | $6.8M | $540K | 0 | — | 5 | 55 |
| FY2025 | 18 | $4.5M | $134K | 0 | — | 18 | 201 |
| FY2024 | 14 | $10.0M | $542K | 1 | — | 15 | 127 |
| FY2023 | 14 | $6.4M | $222K | 1 | — | 15 | 380 |
| FY2022 | 8 | $9.4M | $594K | 2 | — | 10 | 60 |
| FY2021 | 13 | $17.8M | $1.2M | 2 | — | 15 | 241 |
| FY2020 | 5 | $2.3M | $376K | 2 | — | 7 | 31 |
| FY2019 | 7 | $9.2M | $675K | 1 | — | 8 | 121 |
| FY2018 | 7 | $4.6M | $415K | 0 | — | 7 | 74 |
| FY2017 | 13 | $4.8M | $153K | 0 | — | 13 | 226 |
| FY2016 | 13 | $6.7M | $150K | 0 | — | 13 | 128 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 48 approvals.
Against Texas and the country
| FY2021–FY2025 | Hood County | Texas | United States |
|---|---|---|---|
| Approvals | 73 | 24,935 | 342,825 |
| Approvals per 1,000 establishments | 47.0 | 37.2 | 41.0 |
| Median 7(a) approval | $400K | $320K | $190K |
| Median 504 approval | $582K | $974K | $657K |
| Average approval | $724K | $770K | $573K |
| 504 share of approvals | 8.2% | 6.8% | 11.0% |
| Jobs supported per approval, as reported | 13.8 | 12.6 | 10.5 |
| Share of state approvals | 0.3% | 100.0% | — |
Approval sizes
- $50,000 or less16.4%12
- $50,001 to $150,00020.5%15
- $150,001 to $350,0008.2%6
- $350,001 to $1 million31.5%23
- $1 million to $2 million13.7%10
- Over $2 million9.6%7
Age of the businesses
- Existing, more than 2 years old37.0%27
- New business, 2 years or less19.2%14
- Startup, loan funds will open the business26.0%19
- Change of ownership17.8%13
Questions and answers
Which lenders make the most SBA loans in Hood County?
By approvals in FY2021 to FY2025: Newtek Bank, National Association (8), PlainsCapital Bank (6), Live Oak Banking Company (5), PNC Bank, National Association (4), Readycap Lending, LLC (4). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Hood County?
The median 7(a) approval was $400K and the median 504 approval $582K; the Texas 7(a) median was $320K.
Which industries get the most SBA loans in Hood County?
Restaurants and Other Eating Places (13); Automotive Repair and Maintenance (6); Other Motor Vehicle Dealers (6); Building Equipment Contractors (5); Other Amusement and Recreation Industries (4).
Is SBA lending in Hood County rising?
Approvals in the three latest complete fiscal years total 48, against 32 in the three before: rising (+50%).
How does Hood County compare with the rest of Texas?
47.0 approvals per 1,000 establishments against 37.2 statewide, and 73 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