SBA Loans for Boat Dealers in Alabama: Top Lenders

NAICS 441

NAICS 441 covers boat dealers businesses in Alabama. Based on historical SBA 7(a) lending data.

Total Approvals

6

in Alabama

Median Loan Size

$213,850

per approval

Recent Activity

0

last 90 days through Dec 2024

NAICS 441 covers boat dealers businesses. This is a smaller category in SBA 7(a) lending with 6 approvals on record and a median loan size of $213,850.

Key trends & insights

  • Boat Dealers in Alabama lending is concentrated — Bayfirst National Bank, Northeast Bank, Cadence Bank together account for 50% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Bayfirst National Bank leads this industry with 1 approvals (17% market share) and a median loan of $150,000.
  • Boat Dealers in Alabama loans skew smaller than the SBA average at $213,850 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
  • SBA data for this industry goes through 2024-12-12 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Boat Dealers in Alabama

#LenderApprovalsMedian Size
11$150,000
21$500,000
31$123,000
41$840,000
51$277,700
61$10,000

Recent SBA 7(a) approvals for Boat Dealers in Alabama

MonthLenderBorrowerAmount
2024-12Lendistry SBLC, LLCCus*****LLC$277,700
2024-10Northeast BankSel*****Inc$500,000
2024-02BayFirst National BankSEL*****NC.$150,000
2023-11BayFirst National BankSEL*****NC.$150,000
2022-08United Community BankLii*****nc.$840,000
2021-08Wells Fargo Bank National AssociationFLO*****LES$10,000
2020-01Wells Fargo Bank National AssociationY S*****IVE$7,500
2019-10Cadence BankRob*****LLC$123,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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