States › Texas › Midland County
County31st of 227 in Texas by approvalsFIPS 48329
SBA loans in Midland 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.
SBA approved 125 loans to businesses in Midland County, Texas, in FY2021 to FY2025, worth $101M: 122 under 7(a) and 3 under 504.
That is 20.5 approvals per 1,000 business establishments (6,096 establishments in 2023), below the Texas figure of 37.2 and below the national 41.0.
It ranks 31st of 227 Texas counties with approvals. In FY2025 there were 37, up 48% on FY2024.
54 lenders had approvals here; the most active were Wells Fargo Bank National Association (21), SouthWest Bank (14) and Live Oak Banking Company (6). 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 Midland County
By number of approvals to businesses in the county, FY2021–FY2025; 54 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National AssociationSioux Falls, SD | 21 | $300K | 16.8% | |
| 2 | SouthWest BankOdessa, TX | 14 | $8.7M | 11.2% | |
| 3 | Live Oak Banking CompanyWilmington, NC | 6 | $6.6M | 4.8% | |
| 4 | The Huntington National BankColumbus, OH | 6 | $3.8M | 4.8% | |
| 5 | Northeast BankLewiston, ME | 6 | $963K | 4.8% | |
| 6 | Citizens BankElizabethton, TN | 4 | $5.1M | 3.2% | |
| 7 | Readycap Lending, LLCBerkeley Heights, NJ | 4 | $5.0M | 3.2% | |
| 8 | American Momentum BankCollege Station, TX | 4 | $3.1M | 3.2% | |
| 9 | Capital Certified Development CorporationAustin, TX · CDC | 3 | $1.7M | 2.4% | |
| 10 | BayFirst National BankSaint Petersburg, FL | 3 | $450K | 2.4% | |
| 11 | Peoples BankMendenhall, MS | 2 | — | 1.6% | |
| 12 | Northwest BankWarren, PA | 2 | — | 1.6% | |
| 13 | Newtek Bank, National AssociationMiami, FL | 2 | — | 1.6% | |
| 14 | Newtek Small Business Finance, Inc.Lake Success, NY | 2 | — | 1.6% | |
| 15 | Colony BankFitzgerald, GA | 2 | — | 1.6% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 12 | 9.6% | |
| 2 | Support Activities for MiningNAICS 2131 | 11 | 8.8% | |
| 3 | Traveler AccommodationNAICS 7211 | 6 | 4.8% | |
| 4 | Commercial and Industrial Machinery and Equipment Rental and LeasingNAICS 5324 | 5 | 4.0% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 5 | 4.0% | |
| 6 | General Freight TruckingNAICS 4841 | 5 | 4.0% | |
| 7 | Offices of Other Health PractitionersNAICS 6213 | 4 | 3.2% | |
| 8 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 4 | 3.2% | |
| 9 | Other Amusement and Recreation IndustriesNAICS 7139 | 3 | 2.4% | |
| 10 | Offices of DentistsNAICS 6212 | 3 | 2.4% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 21 | 16.8% | |
| 2 | Mining, Quarrying, and Oil and Gas Extraction | 11 | 8.8% | |
| 3 | Health Care and Social Assistance | 11 | 8.8% | |
| 4 | Administrative and Support and Waste Management and Remediation Services | 10 | 8.0% | |
| 5 | Transportation and Warehousing | 10 | 8.0% | |
| 6 | Real Estate and Rental and Leasing | 9 | 7.2% | |
| 7 | Retail Trade | 9 | 7.2% | |
| 8 | Professional, Scientific, and Technical Services | 9 | 7.2% |
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 | $17.3M | $350K | 2 | — | 23 | 405 |
| FY2025 | 36 | $28.9M | $416K | 1 | — | 37 | 594 |
| FY2024 | 25 | $17.0M | $250K | 0 | — | 25 | 327 |
| FY2023 | 25 | $23.0M | $318K | 0 | — | 25 | 334 |
| FY2022 | 11 | $7.2M | $250K | 0 | — | 11 | 141 |
| FY2021 | 25 | $22.7M | $600K | 2 | — | 27 | 281 |
| FY2020 | 27 | $20.8M | $467K | 0 | — | 27 | 407 |
| FY2019 | 28 | $15.2M | $150K | 1 | — | 29 | 148 |
| FY2018 | 20 | $12.3M | $240K | 1 | — | 21 | 216 |
| FY2017 | 18 | $8.9M | $186K | 1 | — | 19 | 75 |
| FY2016 | 20 | $8.0M | $204K | 0 | — | 20 | 285 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 116 approvals.
Against Texas and the country
| FY2021–FY2025 | Midland County | Texas | United States |
|---|---|---|---|
| Approvals | 125 | 24,935 | 342,825 |
| Approvals per 1,000 establishments | 20.5 | 37.2 | 41.0 |
| Median 7(a) approval | $350K | $320K | $190K |
| Median 504 approval | $401K | $974K | $657K |
| Average approval | $805K | $770K | $573K |
| 504 share of approvals | 2.4% | 6.8% | 11.0% |
| Jobs supported per approval, as reported | 13.4 | 12.6 | 10.5 |
| Share of state approvals | 0.5% | 100.0% | — |
Approval sizes
- $50,000 or less24.0%30
- $50,001 to $150,0009.6%12
- $150,001 to $350,00016.0%20
- $350,001 to $1 million31.2%39
- $1 million to $2 million4.8%6
- Over $2 million14.4%18
Age of the businesses
- Existing, more than 2 years old43.2%54
- New business, 2 years or less25.6%32
- Startup, loan funds will open the business21.6%27
- Change of ownership9.6%12
Questions and answers
Which lenders make the most SBA loans in Midland County?
By approvals in FY2021 to FY2025: Wells Fargo Bank National Association (21), SouthWest Bank (14), Live Oak Banking Company (6), The Huntington National Bank (6), Northeast Bank (6). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Midland County?
The median 7(a) approval was $350K and the median 504 approval $401K; the Texas 7(a) median was $320K.
Which industries get the most SBA loans in Midland County?
Restaurants and Other Eating Places (12); Support Activities for Mining (11); Traveler Accommodation (6); Commercial and Industrial Machinery and Equipment Rental and Leasing (5); Services to Buildings and Dwellings (5).
Is SBA lending in Midland County rising?
Approvals in the three latest complete fiscal years total 87, against 65 in the three before: rising (+34%).
How does Midland County compare with the rest of Texas?
20.5 approvals per 1,000 establishments against 37.2 statewide, and 125 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