States › Texas › Lubbock County
County16th of 227 in Texas by approvalsFIPS 48303
SBA loans in Lubbock 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 Lubbock County, Texas, received 243 SBA loan approvals worth $164M in FY2021 to FY2025 (198 7(a), 45 504).
That is 30.3 approvals per 1,000 business establishments (8,019 establishments in 2023), below the Texas figure of 37.2 and below the national 41.0.
It ranks 16th of 227 Texas counties with approvals. In FY2025 there were 65, about level with FY2024.
61 lenders had approvals here; the most active were Caprock Business Finance Corporation, Inc. (34), Cornerstone Capital Bank SSB (21) and Newtek Bank, National Association (13). 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 Lubbock County
By number of approvals to businesses in the county, FY2021–FY2025; 61 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Caprock Business Finance Corporation, Inc.Lubbock, TX · CDC | 34 | $27.5M | 14.0% | |
| 2 | Cornerstone Capital Bank SSBHouston, TX | 21 | $10.4M | 8.6% | |
| 3 | Newtek Bank, National AssociationMiami, FL | 13 | $8.9M | 5.3% | |
| 4 | Capital Certified Development CorporationAustin, TX · CDC | 11 | $11.8M | 4.5% | |
| 5 | PlainsCapital BankDallas, TX | 11 | $3.2M | 4.5% | |
| 6 | Wells Fargo Bank National AssociationSioux Falls, SD | 11 | $1.1M | 4.5% | |
| 7 | Readycap Lending, LLCBerkeley Heights, NJ | 9 | $7.7M | 3.7% | |
| 8 | Northeast BankLewiston, ME | 8 | $1.5M | 3.3% | |
| 9 | Live Oak Banking CompanyWilmington, NC | 7 | $7.4M | 2.9% | |
| 10 | City BankLubbock, TX | 7 | $3.5M | 2.9% | |
| 11 | United Midwest Savings Bank National AssociationDe Graff, OH | 7 | $3.1M | 2.9% | |
| 12 | SouthWest BankOdessa, TX | 7 | $2.4M | 2.9% | |
| 13 | American Bank of CommerceWolfforth, TX | 7 | $1.6M | 2.9% | |
| 14 | The Huntington National BankColumbus, OH | 6 | $1.3M | 2.5% | |
| 15 | UMB Bank, National AssociationKansas City, MO | 5 | $3.7M | 2.1% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 29 | 11.9% | |
| 2 | Other Amusement and Recreation IndustriesNAICS 7139 | 14 | 5.8% | |
| 3 | Automotive Repair and MaintenanceNAICS 8111 | 13 | 5.3% | |
| 4 | Personal Care ServicesNAICS 8121 | 10 | 4.1% | |
| 5 | Offices of Other Health PractitionersNAICS 6213 | 10 | 4.1% | |
| 6 | Traveler AccommodationNAICS 7211 | 9 | 3.7% | |
| 7 | Offices of PhysiciansNAICS 6211 | 8 | 3.3% | |
| 8 | Services to Buildings and DwellingsNAICS 5617 | 8 | 3.3% | |
| 9 | Building Equipment ContractorsNAICS 2382 | 6 | 2.5% | |
| 10 | Drycleaning and Laundry ServicesNAICS 8123 | 6 | 2.5% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 38 | 15.6% | |
| 2 | Other Services (except Public Administration) | 33 | 13.6% | |
| 3 | Health Care and Social Assistance | 33 | 13.6% | |
| 4 | Retail Trade | 30 | 12.3% | |
| 5 | Construction | 21 | 8.6% | |
| 6 | Manufacturing | 18 | 7.4% | |
| 7 | Arts, Entertainment, and Recreation | 16 | 6.6% | |
| 8 | Real Estate and Rental and Leasing | 10 | 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* | 26 | $18.6M | $302K | 3 | $3.7M | 29 | 212 |
| FY2025 | 56 | $33.2M | $260K | 9 | $6.6M | 65 | 802 |
| FY2024 | 53 | $38.7M | $274K | 9 | $13.5M | 62 | 734 |
| FY2023 | 25 | $8.4M | $224K | 4 | $2.8M | 29 | 487 |
| FY2022 | 30 | $17.5M | $164K | 13 | $9.2M | 43 | 688 |
| FY2021 | 34 | $27.2M | $314K | 10 | $7.2M | 44 | 673 |
| FY2020 | 34 | $25.8M | $273K | 12 | $11.2M | 46 | 590 |
| FY2019 | 42 | $19.3M | $214K | 4 | $1.7M | 46 | 595 |
| FY2018 | 30 | $21.8M | $366K | 4 | $5.1M | 34 | 357 |
| FY2017 | 44 | $24.0M | $151K | 6 | $4.0M | 50 | 522 |
| FY2016 | 56 | $23.0M | $150K | 5 | $6.4M | 61 | 892 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 237 approvals.
Against Texas and the country
| FY2021–FY2025 | Lubbock County | Texas | United States |
|---|---|---|---|
| Approvals | 243 | 24,935 | 342,825 |
| Approvals per 1,000 establishments | 30.3 | 37.2 | 41.0 |
| Median 7(a) approval | $271K | $320K | $190K |
| Median 504 approval | $638K | $974K | $657K |
| Average approval | $676K | $770K | $573K |
| 504 share of approvals | 18.5% | 6.8% | 11.0% |
| Jobs supported per approval, as reported | 13.9 | 12.6 | 10.5 |
| Share of state approvals | 1.0% | 100.0% | — |
Approval sizes
- $50,000 or less10.7%26
- $50,001 to $150,00021.0%51
- $150,001 to $350,00021.0%51
- $350,001 to $1 million29.2%71
- $1 million to $2 million10.7%26
- Over $2 million7.4%18
Age of the businesses
- Existing, more than 2 years old45.3%110
- New business, 2 years or less13.2%32
- Startup, loan funds will open the business31.3%76
- Change of ownership10.3%25
Questions and answers
Which lenders make the most SBA loans in Lubbock County?
By approvals in FY2021 to FY2025: Caprock Business Finance Corporation, Inc. (34), Cornerstone Capital Bank SSB (21), Newtek Bank, National Association (13), Capital Certified Development Corporation (11), PlainsCapital Bank (11). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Lubbock County?
The median 7(a) approval was $271K and the median 504 approval $638K; the Texas 7(a) median was $320K.
Which industries get the most SBA loans in Lubbock County?
Restaurants and Other Eating Places (29); Other Amusement and Recreation Industries (14); Automotive Repair and Maintenance (13); Personal Care Services (10); Offices of Other Health Practitioners (10).
Is SBA lending in Lubbock County rising?
Approvals in the three latest complete fiscal years total 156, against 133 in the three before: rising (+17%).
How does Lubbock County compare with the rest of Texas?
30.3 approvals per 1,000 establishments against 37.2 statewide, and 243 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