Lenders › 22nd State Bank, A Division of 22nd State Banking Company
7(a) lenderMobile, AlabamaFDIC-insured bank126th of 2,184 by approvals
22nd State Bank, A Division of 22nd State Banking Company
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
22nd State Bank, A Division of 22nd State Banking Company, based in Mobile, Alabama, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 299 of its 7(a) loans worth $350M in FY2021 to FY2025, which places it 126th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 22 approvals totalling $23.7M, down 68% on FY2024 (68). FY2026 to 30 Jun 2026 adds 15 more.
The median approval was $833K, against $190K for the 7(a) program as a whole; 3.7% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 42 states and territories and 182 counties, led by Florida (16.7%), California (8.0%) and Texas (6.7%). The largest industry group was construction at 15.1% of approvals, and 14.0% of approvals were to franchise businesses.
Of 108 disbursed loans approved in FY2010 to FY2021, SBA records 0 as charged off (0.0%), 30 as paid in full and 78 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 15 | $14.6M | $962K | $971K | 163 |
| FY2025 | 22 | $23.7M | $921K | $1.1M | 223 |
| FY2024 | 68 | $95.1M | $991K | $1.4M | 1,006 |
| FY2023 | 73 | $94.5M | $1.0M | $1.3M | 1,025 |
| FY2022 | 52 | $53.0M | $735K | $1.0M | 846 |
| FY2021 | 84 | $83.7M | $735K | $997K | 1,312 |
| FY2020 | 16 | $16.3M | $694K | $1.0M | 316 |
| FY2019 | 7 | $3.7M | $475K | $525K | 163 |
| FY2018 | 0 | — | — | — | 0 |
| FY2017 | 0 | — | — | — | 0 |
| FY2016 | 0 | — | — | — | 0 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 23 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Florida | 7(a) program |
|---|---|---|---|
| Approvals in these years | 110 | 31,863 | 639,905 |
| Cancelled or never disbursed | 2 | 3,596 | 79,313 |
| Disbursed loans | 108 | 28,267 | 560,592 |
| Paid in full | 30 | 20,064 | 435,813 |
| Charged off | 0 | 2,783 | 36,891 |
| Still outstanding (status exempt from disclosure) | 78 | 5,420 | 87,888 |
| Charged off, share of disbursed loans | 0.0% | 9.8% | 6.6% |
| Dollars charged off, share of disbursed dollars | 0.0% | 3.1% | 2.5% |
| Dollars charged off | $0 | $442M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 84 | 23 | 0 | 0.0% | 2.8% |
| FY2020 | 16 | 5 | 0 | — | 4.0% |
| FY2019 | 7 | 1 | 0 | — | 6.7% |
| FY2018 | 0 | 0 | 0 | — | 7.9% |
| FY2017 | 0 | 0 | 0 | — | 7.7% |
| FY2016 | 0 | 0 | 0 | — | 7.2% |
| FY2015 | 0 | 0 | 0 | — | 6.9% |
| FY2014 | 0 | 0 | 0 | — | 6.4% |
| FY2013 | 0 | 0 | 0 | — | 6.0% |
| FY2012 | 0 | 0 | 0 | — | 6.3% |
| FY2011 | 0 | 0 | 0 | — | 6.9% |
| FY2010 | 1 | 1 | 0 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $833K | $190K |
| Average approval | $1.2M | $518K |
| Approvals of $150,000 or less | 3.7% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 19.7% | 34.3% |
| Approvals to franchise businesses | 14.0% | 11.5% |
| Jobs supported per approval, as reported | 14.8 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 0.0% | 6.6% |
States served
| # | State of the business (42 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Florida | 50 | $55.5M | 16.7% | |
| 2 | California | 24 | $23.4M | 8.0% | |
| 3 | Texas | 20 | $21.8M | 6.7% | |
| 4 | Alabama | 15 | $12.6M | 5.0% | |
| 5 | Georgia | 14 | $16.1M | 4.7% | |
| 6 | New Jersey | 12 | $11.8M | 4.0% | |
| 7 | Colorado | 11 | $25.0M | 3.7% | |
| 8 | Arizona | 11 | $15.4M | 3.7% | |
| 9 | New York | 10 | $13.9M | 3.3% | |
| 10 | North Carolina | 10 | $12.7M | 3.3% | |
| 11 | Pennsylvania | 10 | $10.7M | 3.3% | |
| 12 | Virginia | 8 | $13.9M | 2.7% |
In Florida the lender accounts for 0.2% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (182 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Orange County, FL | 8 | $7.3M | 2.7% | |
| 2 | Miami-Dade County, FL | 7 | $11.1M | 2.3% | |
| 3 | Clark County, NV | 6 | $6.7M | 2.0% | |
| 4 | Mobile County, AL | 6 | $6.1M | 2.0% | |
| 5 | Maricopa County, AZ | 6 | $5.8M | 2.0% | |
| 6 | Palm Beach County, FL | 5 | $7.1M | 1.7% | |
| 7 | Tarrant County, TX | 5 | $5.7M | 1.7% | |
| 8 | Los Angeles County, CA | 5 | $4.7M | 1.7% | |
| 9 | San Diego County, CA | 4 | $6.7M | 1.3% | |
| 10 | Pinellas County, FL | 4 | $6.4M | 1.3% | |
| 11 | Maui County, HI | 4 | $4.7M | 1.3% | |
| 12 | Baldwin County, AL | 4 | $3.4M | 1.3% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 45 | 15.1% | |
| 2 | Accommodation and Food Services | 37 | 12.4% | |
| 3 | Health Care and Social Assistance | 34 | 11.4% | |
| 4 | Retail Trade | 31 | 10.4% | |
| 5 | Other Services (except Public Administration) | 29 | 9.7% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 28 | 9.4% | |
| 7 | Professional, Scientific, and Technical Services | 22 | 7.4% | |
| 8 | Manufacturing | 20 | 6.7% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 31 | 10.4% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 15 | 5.0% | |
| 3 | Child Day Care ServicesNAICS 6244 | 14 | 4.7% | |
| 4 | Residential Building ConstructionNAICS 2361 | 12 | 4.0% | |
| 5 | Building Equipment ContractorsNAICS 2382 | 12 | 4.0% | |
| 6 | Personal Care ServicesNAICS 8121 | 12 | 4.0% | |
| 7 | Other Amusement and Recreation IndustriesNAICS 7139 | 10 | 3.3% | |
| 8 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 9 | 3.0% | |
| 9 | Offices of Other Health PractitionersNAICS 6213 | 8 | 2.7% | |
| 10 | Automotive Repair and MaintenanceNAICS 8111 | 7 | 2.3% |
Approval sizes
- $50,000 or less0.7%2
- $50,001 to $150,0003.0%9
- $150,001 to $350,00012.4%37
- $350,001 to $1 million42.5%127
- $1 million to $2 million24.4%73
- Over $2 million17.1%51
Loan terms
- Over 5 to 10 years65.9%197
- Over 10 to 20 years9.4%28
- Over 20 years24.7%74
Age of the businesses
- Existing, more than 2 years old38.5%115
- New business, 2 years or less9.7%29
- Startup, loan funds will open the business10.0%30
- Change of ownership41.8%125
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 259 | 86.6% | |
| 2 | 7a General | 29 | 9.7% | |
| 3 | International Trade Loans | 6 | 2.0% | |
| 4 | SBA Express Program | 5 | 1.7% |
Franchise share
42 of 299 approvals in FY2021–FY2025 (14.0%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Firehouse Subs | 5 | 1.7% | |
| 2 | The UPS Store | 3 | 1.0% | |
| 3 | Motel 6 | 2 | 0.7% | |
| 4 | Rita's Ice-Custard-Happiness | 2 | 0.7% | |
| 5 | Little Caesars | 2 | 0.7% | |
| 6 | Jiffy Lube | 2 | 0.7% | |
| 7 | Scenthound | 2 | 0.7% | |
| 8 | Jersey Mike’s Subs | 2 | 0.7% |
Questions and answers
How many SBA loans does 22nd State Bank, A Division of 22nd State Banking Company make?
SBA approved 22 7(a) loans through 22nd State Bank, A Division of 22nd State Banking Company in FY2025, worth $23.7M, and 299 over FY2021 to FY2025. That ranks 126th of 2,184 active 7(a) lenders by number of approvals.
How large are 22nd State Bank, A Division of 22nd State Banking Company's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $833K and the average $1.2M. The program-wide median was $190K.
What is 22nd State Bank, A Division of 22nd State Banking Company's charge-off rate?
Of 108 disbursed loans approved in FY2010 to FY2021, SBA records 0 as charged off (0.0%), 30 as paid in full and 78 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does 22nd State Bank, A Division of 22nd State Banking Company lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (31); services to buildings and dwellings (15); child day care services (14); residential building construction (12).
Where does 22nd State Bank, A Division of 22nd State Banking Company make SBA loans?
In 42 states and territories. Florida 50, California 24, Texas 20, Alabama 15, Georgia 14. In Florida it accounts for 0.2% of all 7(a) approvals.
Is 22nd State Bank, A Division of 22nd State Banking Company's SBA lending rising?
Approvals in the three latest complete fiscal years total 163, against 152 in the three before: broadly level (+7%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error