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County19th of 227 in Texas by approvalsFIPS 48309
SBA loans in McLennan 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 McLennan County, Texas, received 191 SBA loan approvals worth $139M in FY2021 to FY2025 (183 7(a), 8 504).
That is 32.2 approvals per 1,000 business establishments (5,928 establishments in 2023), close to the Texas figure of 37.2 and below the national 41.0.
It ranks 19th of 227 Texas counties with approvals. In FY2025 there were 42, up 11% on FY2024.
67 lenders had approvals here; the most active were The First National Bank of McGregor d/b/a TFNB Your Bank for Life (42), The Huntington National Bank (15) and Wells Fargo Bank National Association (8). 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 McLennan County
By number of approvals to businesses in the county, FY2021–FY2025; 67 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The First National Bank of McGregor d/b/a TFNB Your Bank for LifeMcGregor, TX | 42 | $10.8M | 22.0% | |
| 2 | The Huntington National BankColumbus, OH | 15 | $6.8M | 7.9% | |
| 3 | Wells Fargo Bank National AssociationSioux Falls, SD | 8 | $832K | 4.2% | |
| 4 | SouthState Bank, National AssociationWinter Haven, FL | 7 | $4.9M | 3.7% | |
| 5 | Live Oak Banking CompanyWilmington, NC | 6 | $16.3M | 3.1% | |
| 6 | First National Bank TexasKilleen, TX | 6 | $1.9M | 3.1% | |
| 7 | BayFirst National BankSaint Petersburg, FL | 6 | $1.1M | 3.1% | |
| 8 | United Midwest Savings Bank National AssociationDe Graff, OH | 6 | $900K | 3.1% | |
| 9 | Newtek Small Business Finance, Inc.Lake Success, NY | 5 | $2.9M | 2.6% | |
| 10 | First Bank of the LakeOsage Beach, MO | 4 | $2.7M | 2.1% | |
| 11 | Northeast BankLewiston, ME | 4 | $575K | 2.1% | |
| 12 | The MINT National BankKingwood, TX | 3 | $4.4M | 1.6% | |
| 13 | Enterprise Bank & TrustClayton, MO | 3 | $2.6M | 1.6% | |
| 14 | Newtek Bank, National AssociationMiami, FL | 3 | $2.5M | 1.6% | |
| 15 | Hanover Community BankMineola, NY | 3 | $646K | 1.6% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 30 | 15.7% | |
| 2 | Gasoline StationsNAICS 4571 | 13 | 6.8% | |
| 3 | Other Amusement and Recreation IndustriesNAICS 7139 | 13 | 6.8% | |
| 4 | Grocery StoresNAICS 4451 | 10 | 5.2% | |
| 5 | Offices of Other Health PractitionersNAICS 6213 | 7 | 3.7% | |
| 6 | Services to Buildings and DwellingsNAICS 5617 | 6 | 3.1% | |
| 7 | General Freight TruckingNAICS 4841 | 6 | 3.1% | |
| 8 | Offices of PhysiciansNAICS 6211 | 5 | 2.6% | |
| 9 | Personal Care ServicesNAICS 8121 | 5 | 2.6% | |
| 10 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 5 | 2.6% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 38 | 19.9% | |
| 2 | Retail Trade | 34 | 17.8% | |
| 3 | Health Care and Social Assistance | 21 | 11.0% | |
| 4 | Other Services (except Public Administration) | 15 | 7.9% | |
| 5 | Arts, Entertainment, and Recreation | 14 | 7.3% | |
| 6 | Construction | 14 | 7.3% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 11 | 5.8% | |
| 8 | Professional, Scientific, and Technical Services | 11 | 5.8% |
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* | 21 | $39.0M | $890K | 1 | — | 22 | 378 |
| FY2025 | 39 | $37.5M | $600K | 3 | $8.5M | 42 | 423 |
| FY2024 | 38 | $19.7M | $150K | 0 | — | 38 | 580 |
| FY2023 | 38 | $24.2M | $173K | 2 | — | 40 | 641 |
| FY2022 | 31 | $20.0M | $235K | 1 | — | 32 | 335 |
| FY2021 | 37 | $17.6M | $188K | 2 | — | 39 | 610 |
| FY2020 | 31 | $25.3M | $235K | 1 | — | 32 | 257 |
| FY2019 | 38 | $22.0M | $150K | 1 | — | 39 | 344 |
| FY2018 | 22 | $12.0M | $228K | 2 | — | 24 | 242 |
| FY2017 | 30 | $13.8M | $176K | 1 | — | 31 | 363 |
| FY2016 | 25 | $7.7M | $200K | 2 | — | 27 | 303 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 153 approvals.
Against Texas and the country
| FY2021–FY2025 | McLennan County | Texas | United States |
|---|---|---|---|
| Approvals | 191 | 24,935 | 342,825 |
| Approvals per 1,000 establishments | 32.2 | 37.2 | 41.0 |
| Median 7(a) approval | $250K | $320K | $190K |
| Median 504 approval | $1.9M | $974K | $657K |
| Average approval | $725K | $770K | $573K |
| 504 share of approvals | 4.2% | 6.8% | 11.0% |
| Jobs supported per approval, as reported | 13.6 | 12.6 | 10.5 |
| Share of state approvals | 0.8% | 100.0% | — |
Approval sizes
- $50,000 or less18.8%36
- $50,001 to $150,00021.5%41
- $150,001 to $350,00016.2%31
- $350,001 to $1 million23.0%44
- $1 million to $2 million8.4%16
- Over $2 million12.0%23
Age of the businesses
- Existing, more than 2 years old30.9%59
- New business, 2 years or less22.5%43
- Startup, loan funds will open the business35.6%68
- Change of ownership11.0%21
Questions and answers
Which lenders make the most SBA loans in McLennan County?
By approvals in FY2021 to FY2025: The First National Bank of McGregor d/b/a TFNB Your Bank for Life (42), The Huntington National Bank (15), Wells Fargo Bank National Association (8), SouthState Bank, National Association (7), Live Oak Banking Company (6). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in McLennan County?
The median 7(a) approval was $250K and the median 504 approval $1.9M; the Texas 7(a) median was $320K.
Which industries get the most SBA loans in McLennan County?
Restaurants and Other Eating Places (30); Gasoline Stations (13); Other Amusement and Recreation Industries (13); Grocery Stores (10); Offices of Other Health Practitioners (7).
Is SBA lending in McLennan County rising?
Approvals in the three latest complete fiscal years total 120, against 103 in the three before: rising (+17%).
How does McLennan County compare with the rest of Texas?
32.2 approvals per 1,000 establishments against 37.2 statewide, and 191 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