SBA Loans for Other Technical and Trade Schools in Alabama: Top Lenders
NAICS 611NAICS 611 covers other technical and trade schools businesses in Alabama. Based on historical SBA 7(a) lending data.
Total Approvals
8
in Alabama
Median Loan Size
$63,850
per approval
Recent Activity
0
last 90 days through Aug 2024
NAICS 611 covers other technical and trade schools businesses. This is a smaller category in SBA 7(a) lending with 8 approvals on record and a median loan size of $63,850.
Key trends & insights
- Other Technical and Trade Schools in Alabama lending is concentrated — Wells Fargo Bank, National Association, Sabre Finance, Northeast Bank together account for 50% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Wells Fargo Bank, National Association leads this industry with 2 approvals (25% market share) and a median loan of $7,000.
- Other Technical and Trade Schools in Alabama loans skew smaller than the SBA average at $63,850 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 2024-08-13 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Other Technical and Trade Schools in Alabama
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $7,000 | |
| 2 | 1 | $77,700 | |
| 3 | 1 | $50,000 | |
| 4 | 1 | $10,000 | |
| 5 | 1 | $1,100,000 | |
| 6 | 1 | $395,500 | |
| 7 | 1 | $270,000 |
Recent SBA 7(a) approvals for Other Technical and Trade Schools in Alabama
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-08 | Northeast Bank | BLU*****LLC | Lanett, AL | $50,000 |
| 2023-11 | Tandem Bank | ZTD*****LLC | MONTGOMERY, AL | $1,100,000 |
| 2023-07 | Sabre Finance | Fin*****.C. | Florence, AL | $77,700 |
| 2023-07 | Sabre Finance | You*****LLC | Madison, AL | $159,400 |
| 2023-01 | Regions Bank | BLA*****LLC | MADISON, AL | $395,500 |
| 2021-08 | Wells Fargo Bank National Association | ALL*****CES | PINSON, AL | $7,000 |
| 2021-08 | Wells Fargo Bank National Association | ALL*****CES | PINSON, AL | $7,000 |
| 2021-08 | Community Bank of Mississippi | MKU*****LLC | HOOVER, AL | $270,000 |
| 2021-06 | PNC Bank, National Association | POR*****LLC | MOBILE, AL | $10,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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