FY20241 Oct 2023 – 30 Sep 2024
SBA loans in Texas, FY2024
That fiscal year's approvals by lender and by county.
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.
In FY2024 (1 October 2023 to 30 September 2024) SBA approved 5,532 loans in Texas: 5,234 under 7(a) and 298 under 504, worth $3.69bn.
That is up 27% on FY2023, when there were 4,368 approvals worth $3.24bn.
Texas accounted for 7.3% of the 76,235 approvals nationwide that year. 288 lenders had at least one approval in the state; The Huntington National Bank had the most, 512.
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.
Approvals by lender
The 40 lenders with the most approvals to Texas businesses in FY2024, of 288 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2023 | Change |
|---|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 7(a) | 512 | $223M | 9.3% | 543 | -31 |
| 2 | Newtek Bank, National Association | 7(a) | 340 | $188M | 6.1% | 111 | +229 |
| 3 | Readycap Lending, LLC | 7(a) | 306 | $111M | 5.5% | 110 | +196 |
| 4 | BayFirst National Bank | 7(a) | 292 | $44.8M | 5.3% | 239 | +53 |
| 5 | JPMorgan Chase Bank, National Association | 7(a) | 281 | $68.3M | 5.1% | 172 | +109 |
| 6 | Wells Fargo Bank National Association | 7(a) | 262 | $66.6M | 4.7% | 283 | -21 |
| 7 | Northeast Bank | 7(a) | 222 | $25.9M | 4.0% | 33 | +189 |
| 8 | Live Oak Banking Company | 7(a) | 153 | $243M | 2.8% | 121 | +32 |
| 9 | United Midwest Savings Bank National Association | 7(a) | 113 | $34.2M | 2.0% | 67 | +46 |
| 10 | Capital Certified Development Corporation | 504 | 109 | $204M | 2.0% | 100 | +9 |
| 11 | First Bank of the Lake | 7(a) | 108 | $61.9M | 2.0% | 61 | +47 |
| 12 | Bank of America, National Association | 7(a) | 107 | $58.9M | 1.9% | 89 | +18 |
| 13 | Zions Bank, A Division of | 7(a) | 104 | $19.2M | 1.9% | 47 | +57 |
| 14 | SouthState Bank, National Association | 7(a) | 91 | $39.5M | 1.6% | 37 | +54 |
| 15 | Celtic Bank Corporation | 7(a) | 83 | $31.9M | 1.5% | 53 | +30 |
| 16 | Frost Bank | 7(a) | 78 | $48.4M | 1.4% | 71 | +7 |
| 17 | Fifth Third Bank | 7(a) | 77 | $63.2M | 1.4% | 66 | +11 |
| 18 | Wallis Bank | 7(a) | 75 | $101M | 1.4% | 80 | -5 |
| 19 | PlainsCapital Bank | 7(a) | 75 | $28.1M | 1.4% | 58 | +17 |
| 20 | PeopleFund | 7(a) | 68 | $10.3M | 1.2% | 41 | +27 |
| 21 | PNC Bank, National Association | 7(a) | 63 | $13.3M | 1.1% | 76 | -13 |
| 22 | Lendistry SBLC, LLC | 7(a) | 57 | $11.7M | 1.0% | 14 | +43 |
| 23 | LiftFund, Inc. | 504 | 54 | $77.5M | 1.0% | 49 | +5 |
| 24 | First Internet Bank of Indiana | 7(a) | 45 | $60.6M | 0.8% | 63 | -18 |
| 25 | U.S. Bank, National Association | 7(a) | 42 | $28.2M | 0.8% | 15 | +27 |
| 26 | Colony Bank | 7(a) | 42 | $15.3M | 0.8% | 17 | +25 |
| 27 | North Texas Certified Development Corporation | 504 | 38 | $51.2M | 0.7% | 30 | +8 |
| 28 | LiftFund, Inc. | 7(a) | 38 | $5.4M | 0.7% | 51 | -13 |
| 29 | T Bank, National Association | 7(a) | 37 | $58.9M | 0.7% | 25 | +12 |
| 30 | Byline Bank | 7(a) | 37 | $48.3M | 0.7% | 34 | +3 |
| 31 | Bank of Hope | 7(a) | 37 | $40.1M | 0.7% | 21 | +16 |
| 32 | Midwest Regional Bank | 7(a) | 33 | $34.4M | 0.6% | 28 | +5 |
| 33 | Hancock Whitney Bank | 7(a) | 32 | $34.4M | 0.6% | 18 | +14 |
| 34 | CDC Small Business Finance Corp. | 7(a) | 31 | $4.2M | 0.6% | 21 | +10 |
| 35 | VelocitySBA, LLC | 7(a) | 30 | $46.2M | 0.5% | 5 | +25 |
| 36 | Bank Five Nine | 7(a) | 30 | $31.6M | 0.5% | 19 | +11 |
| 37 | Metro City Bank | 7(a) | 29 | $36.6M | 0.5% | 22 | +7 |
| 38 | Citizens Bank | 7(a) | 29 | $27.0M | 0.5% | 24 | +5 |
| 39 | TowneBank | 7(a) | 28 | $27.7M | 0.5% | 16 | +12 |
| 40 | Texas Capital Bank | 7(a) | 26 | $31.2M | 0.5% | 14 | +12 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2023 | Change |
|---|---|---|---|---|---|---|
| 1 | Harris County | 986 | $683M | 17.8% | 743 | +243 |
| 2 | Dallas County | 591 | $422M | 10.7% | 456 | +135 |
| 3 | Tarrant County | 458 | $293M | 8.3% | 332 | +126 |
| 4 | Collin County | 363 | $246M | 6.6% | 320 | +43 |
| 5 | Travis County | 338 | $181M | 6.1% | 266 | +72 |
| 6 | Bexar County | 331 | $169M | 6.0% | 248 | +83 |
| 7 | Denton County | 279 | $156M | 5.0% | 215 | +64 |
| 8 | Fort Bend County | 211 | $153M | 3.8% | 166 | +45 |
| 9 | Williamson County | 202 | $123M | 3.7% | 159 | +43 |
| 10 | Montgomery County | 149 | $102M | 2.7% | 140 | +9 |
| 11 | Hidalgo County | 95 | $23.3M | 1.7% | 78 | +17 |
| 12 | El Paso County | 92 | $34.7M | 1.7% | 106 | -14 |
| 13 | Brazoria County | 67 | $34.5M | 1.2% | 70 | -3 |
| 14 | Hays County | 66 | $34.9M | 1.2% | 60 | +6 |
| 15 | Lubbock County | 62 | $52.3M | 1.1% | 29 | +33 |
| 16 | Galveston County | 59 | $24.4M | 1.1% | 37 | +22 |
| 17 | Comal County | 50 | $24.4M | 0.9% | 33 | +17 |
| 18 | Nueces County | 44 | $29.0M | 0.8% | 26 | +18 |
| 19 | Bell County | 43 | $21.0M | 0.8% | 44 | -1 |
| 20 | Rockwall County | 39 | $24.2M | 0.7% | 25 | +14 |
| 21 | McLennan County | 38 | $19.7M | 0.7% | 40 | -2 |
| 22 | Cameron County | 37 | $16.9M | 0.7% | 34 | +3 |
| 23 | Ellis County | 37 | $18.2M | 0.7% | 33 | +4 |
| 24 | Webb County | 33 | $25.8M | 0.6% | 30 | +3 |
| 25 | Brazos County | 33 | $33.4M | 0.6% | 24 | +9 |
| 26 | Parker County | 31 | $19.5M | 0.6% | 15 | +16 |
| 27 | Johnson County | 31 | $14.8M | 0.6% | 27 | +4 |
| 28 | Grayson County | 31 | $37.8M | 0.6% | 20 | +11 |
| 29 | Kaufman County | 28 | $20.8M | 0.5% | 26 | +2 |
| 30 | Guadalupe County | 28 | $18.3M | 0.5% | 22 | +6 |
| 31 | Ector County | 28 | $28.9M | 0.5% | 20 | +8 |
| 32 | Midland County | 25 | $17.0M | 0.5% | 25 | 0 |
| 33 | Smith County | 24 | $11.2M | 0.4% | 22 | +2 |
| 34 | Jefferson County | 24 | $23.2M | 0.4% | 19 | +5 |
| 35 | Taylor County | 23 | $27.4M | 0.4% | 17 | +6 |
| 36 | Gregg County | 22 | $21.1M | 0.4% | 14 | +8 |
| 37 | Wise County | 21 | $16.9M | 0.4% | 10 | +11 |
| 38 | Hunt County | 20 | $23.9M | 0.4% | 13 | +7 |
| 39 | Victoria County | 19 | $16.0M | 0.3% | 10 | +9 |
| 40 | Bastrop County | 19 | $5.2M | 0.3% | 9 | +10 |
The 40 counties with the most approvals; every county is on the Texas page.
FY2024 against FY2023
| Texas | FY2024 | FY2023 |
|---|---|---|
| 7(a) approvals | 5,234 | 4,097 |
| 7(a) dollars | $3.20bn | $2.82bn |
| Median 7(a) approval | $250K | $320K |
| 504 approvals | 298 | 271 |
| 504 dollars | $491M | $426M |
| Jobs supported, as reported | 66,005 | 61,746 |
Questions and answers
Which lenders made the most SBA loans in Texas in FY2024?
The Huntington National Bank (512), Newtek Bank, National Association (340), Readycap Lending, LLC (306), BayFirst National Bank (292), JPMorgan Chase Bank, National Association (281). 288 lenders had at least one approval.
How many SBA loans were approved in Texas in FY2024?
5,532: 5,234 under 7(a) worth $3.20bn and 298 under 504 worth $491M.
Which Texas counties had the most SBA approvals in FY2024?
Harris County (986), Dallas County (591), Tarrant County (458), Collin County (363), Travis County (338).
When does FY2024 start and end?
The federal fiscal year 2024 runs from 1 October 2023 to 30 September 2024.
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