Lenders › Third Coast Bank
7(a) lenderHumble, TexasFDIC-insured bank285th of 2,184 by approvals
Third Coast Bank
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.
Third Coast Bank (Humble, Texas) is an FDIC-insured bank in the SBA 7(a) program, 285th of 2,184 by approvals in FY2021 to FY2025: 116 loans worth $114M.
In FY2025, the latest complete fiscal year, it had 22 approvals totalling $16.2M, up 38% on FY2024 (16). FY2026 to 30 Jun 2026 adds 7 more.
The median approval was $560K, against $190K for the 7(a) program as a whole; 12.9% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 7 states and territories and 27 counties, led by Texas (94.8%), Louisiana (0.9%) and Oklahoma (0.9%). The largest industry group was health care and social assistance at 15.5% of approvals, and 19.0% of approvals were to franchise businesses.
Of 274 disbursed loans approved in FY2010 to FY2021, SBA records 11 as charged off (4.0%), 175 as paid in full and 88 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* | 7 | $3.0M | $316K | $422K | 107 |
| FY2025 | 22 | $16.2M | $383K | $737K | 426 |
| FY2024 | 16 | $11.4M | $505K | $710K | 199 |
| FY2023 | 13 | $17.1M | $900K | $1.3M | 374 |
| FY2022 | 24 | $28.2M | $554K | $1.2M | 405 |
| FY2021 | 41 | $41.0M | $577K | $1,000K | 511 |
| FY2020 | 21 | $19.8M | $470K | $945K | 331 |
| FY2019 | 33 | $29.5M | $358K | $893K | 427 |
| FY2018 | 26 | $27.3M | $542K | $1.0M | 586 |
| FY2017 | 25 | $22.7M | $355K | $907K | 987 |
| FY2016 | 49 | $39.3M | $450K | $801K | 1,439 |
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 154 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 | Texas | 7(a) program |
|---|---|---|---|
| Approvals in these years | 295 | 48,931 | 639,905 |
| Cancelled or never disbursed | 21 | 5,758 | 79,313 |
| Disbursed loans | 274 | 43,173 | 560,592 |
| Paid in full | 175 | 31,848 | 435,813 |
| Charged off | 11 | 3,650 | 36,891 |
| Still outstanding (status exempt from disclosure) | 88 | 7,675 | 87,888 |
| Charged off, share of disbursed loans | 4.0% | 8.5% | 6.6% |
| Dollars charged off, share of disbursed dollars | 1.5% | 2.9% | 2.5% |
| Dollars charged off | $3.4M | $682M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 34 | 17 | 0 | 0.0% | 2.8% |
| FY2020 | 21 | 7 | 0 | — | 4.0% |
| FY2019 | 32 | 15 | 2 | 6.3% | 6.7% |
| FY2018 | 23 | 13 | 0 | — | 7.9% |
| FY2017 | 25 | 18 | 0 | — | 7.7% |
| FY2016 | 46 | 34 | 3 | 6.5% | 7.2% |
| FY2015 | 29 | 22 | 0 | — | 6.9% |
| FY2014 | 23 | 21 | 1 | — | 6.4% |
| FY2013 | 23 | 14 | 2 | — | 6.0% |
| FY2012 | 10 | 7 | 3 | — | 6.3% |
| FY2011 | 7 | 6 | 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 | $560K | $190K |
| Average approval | $981K | $518K |
| Approvals of $150,000 or less | 12.9% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 45.7% | 34.3% |
| Approvals to franchise businesses | 19.0% | 11.5% |
| Jobs supported per approval, as reported | 16.5 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 4.0% | 6.6% |
States served
| # | State of the business (7 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Texas | 110 | $106M | 94.8% | |
| 2 | Louisiana | 1 | — | 0.9% | |
| 3 | Oklahoma | 1 | — | 0.9% | |
| 4 | North Carolina | 1 | — | 0.9% | |
| 5 | Minnesota | 1 | — | 0.9% | |
| 6 | California | 1 | — | 0.9% | |
| 7 | Colorado | 1 | — | 0.9% |
In Texas the lender accounts for 0.5% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (27 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Harris County, TX | 30 | $37.1M | 25.9% | |
| 2 | Travis County, TX | 26 | $13.8M | 22.4% | |
| 3 | Hays County, TX | 7 | $3.6M | 6.0% | |
| 4 | Montgomery County, TX | 6 | $8.5M | 5.2% | |
| 5 | Jefferson County, TX | 6 | $8.5M | 5.2% | |
| 6 | Bexar County, TX | 6 | $5.4M | 5.2% | |
| 7 | Williamson County, TX | 5 | $1.7M | 4.3% | |
| 8 | Bastrop County, TX | 4 | $733K | 3.4% | |
| 9 | Dallas County, TX | 3 | $3.8M | 2.6% | |
| 10 | Galveston County, TX | 2 | — | 1.7% | |
| 11 | Orange County, TX | 2 | — | 1.7% | |
| 12 | Collin County, TX | 2 | — | 1.7% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 18 | 15.5% | |
| 2 | Construction | 17 | 14.7% | |
| 3 | Other Services (except Public Administration) | 14 | 12.1% | |
| 4 | Accommodation and Food Services | 13 | 11.2% | |
| 5 | Retail Trade | 12 | 10.3% | |
| 6 | Professional, Scientific, and Technical Services | 12 | 10.3% | |
| 7 | Real Estate and Rental and Leasing | 8 | 6.9% | |
| 8 | Manufacturing | 6 | 5.2% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 8 | 6.9% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 6 | 5.2% | |
| 3 | Other Specialty Trade ContractorsNAICS 2389 | 5 | 4.3% | |
| 4 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 5 | 4.3% | |
| 5 | Commercial and Industrial Machinery and Equipment Rental and LeasingNAICS 5324 | 4 | 3.4% | |
| 6 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 4 | 3.4% | |
| 7 | Personal Care ServicesNAICS 8121 | 4 | 3.4% | |
| 8 | Services to Buildings and DwellingsNAICS 5617 | 3 | 2.6% | |
| 9 | Beer, Wine, and Liquor StoresNAICS 4453 | 3 | 2.6% | |
| 10 | Offices of Other Health PractitionersNAICS 6213 | 3 | 2.6% |
Approval sizes
- $50,000 or less3.4%4
- $50,001 to $150,0009.5%11
- $150,001 to $350,00020.7%24
- $350,001 to $1 million37.9%44
- $1 million to $2 million12.9%15
- Over $2 million15.5%18
Loan terms
- 5 years or less12.1%14
- Over 5 to 10 years50.9%59
- Over 10 to 20 years8.6%10
- Over 20 years28.4%33
Age of the businesses
- Existing, more than 2 years old40.5%47
- New business, 2 years or less11.2%13
- Startup, loan funds will open the business34.5%40
- Change of ownership13.8%16
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 89 | 76.7% | |
| 2 | 7a General | 15 | 12.9% | |
| 3 | Working Capital CAPLine | 5 | 4.3% | |
| 4 | 7(a) WCP | 3 | 2.6% | |
| 5 | SBA Express Program | 2 | 1.7% | |
| 6 | International Trade Loans | 1 | 0.9% |
Franchise share
22 of 116 approvals in FY2021–FY2025 (19.0%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Christian Brothers Automotive | 5 | 4.3% | |
| 2 | Bee Hive Homes | 2 | 1.7% | |
| 3 | Bad Ass Coffee of Hawaii | 2 | 1.7% | |
| 4 | Kiddie Academy | 2 | 1.7% | |
| 5 | Wing Zone | 1 | 0.9% | |
| 6 | ProMd Health | 1 | 0.9% | |
| 7 | Bahama Buck's Original Shaved Ice Company | 1 | 0.9% | |
| 8 | Wingstop | 1 | 0.9% |
Questions and answers
How many SBA loans does Third Coast Bank make?
SBA approved 22 7(a) loans through Third Coast Bank in FY2025, worth $16.2M, and 116 over FY2021 to FY2025. That ranks 285th of 2,184 active 7(a) lenders by number of approvals.
How large are Third Coast Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $560K and the average $981K. The program-wide median was $190K.
What is Third Coast Bank's charge-off rate?
Of 274 disbursed loans approved in FY2010 to FY2021, SBA records 11 as charged off (4.0%), 175 as paid in full and 88 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 Third Coast Bank lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (8); automotive repair and maintenance (6); other specialty trade contractors (5); other professional, scientific, and technical services (5).
Where does Third Coast Bank make SBA loans?
In 7 states and territories. Texas 110, Louisiana 1, Oklahoma 1, North Carolina 1, Minnesota 1. In Texas it accounts for 0.5% of all 7(a) approvals.
Is Third Coast Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 51, against 86 in the three before: falling (-41%).
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