Best El Paso, TX SBA Lenders & Rates of 2026

Compare 27 SBA lenders in El Paso, TX. $26.4M funded across 72 businesses. Average rate 10.15%. Get matched free.

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Best El Paso, TX SBA Lenders & Rates of 2026

$26.4M
Total Funded

72
Loans Approved

$367K
Avg Loan Size

10.15%
Avg Interest Rate

27
Active Lenders

SBA Loans in El Paso, TX

El Paso, TX businesses received $26.4M in SBA 7(a) loan approvals across 72 businesses in 2025. With 27 active SBA lenders competing for business in El Paso, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in El Paso is $367K, with rates averaging 10.15%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

El Paso SBA Loans by Business Type

🚀 Startups
35%
$11.3M • 25 loans

🏢 Existing Businesses
57%
$12.9M • 41 loans

🔄 Acquisitions
8%
$2.2M • 6 loans

Top SBA Lenders in El Paso, TX (2025)

Based on official SBA data analyzed by GoSBA Loans, these are the banks that funded the most SBA 7(a) loans to El Paso businesses:

RankLenderVolumeLoansAvg Rate
1 The Huntington National Bank$3.6M69.47%
2 First Internet Bank of Indiana$3.4M410.25%
3 Northeast Bank$2.8M1311.17%
4 First American Bank$2.2M38.66%
5 Wells Fargo Bank National Association$1.8M511.01%
6 WestStar Bank$1.7M46.63%
7 Newtek Bank, National Association$1.4M610.50%
8 First Savings Bank$1.0M17.75%
9 Celtic Bank Corporation$915K210.13%
10 Enterprise Bank & Trust$900K18.75%
11 b1BANK$810K19.75%
12 Grasshopper Bank National Association$695K212.00%
13 Texas Bank$680K38.08%
14 GECU$604K36.92%
15 Live Oak Banking Company$565K210.49%
16 JPMorgan Chase Bank, National Association$555K311.43%
17 Bank of America, National Association$500K110.00%
18 Bank of Hope$500K19.50%
19 CenTrust Bank, A Division of SmartBiz Bank National Associat$350K110.50%
20 PeopleFund$314K213.50%
21 BayFirst National Bank$300K212.25%
22 Readycap Lending, LLC$200K113.50%
23 CDC Small Business Finance Corp.$190K110.50%
24 United Midwest Savings Bank National Association$150K110.00%
25 Citizens Bank of Las Cruces$139K18.50%
26 Colony Bank$69K110.25%
27 LiftFund, Inc.$55K112.25%

Top Industries in El Paso

Here are the industries that received the most SBA funding in El Paso:

Full-Service Restaurants

$5.7M
Volume

9
Loans

Electrical Contractors

$2.4M
Volume

3
Loans

Limousine Service

$1.7M
Volume

1
Loans

Medical Laboratories

$1.2M
Volume

1
Loans

Advertising Agencies

$1.0M
Volume

1
Loans

General Automotive Repair

$1.0M
Volume

2
Loans

Used Car Dealers

$900K
Volume

3
Loans

Baked Goods Stores

$810K
Volume

1
Loans

Home Health Care Services

$500K
Volume

2
Loans

SBA Loans in Texas

El Paso is part of Texas‘s SBA lending market. For statewide data and more lender options, see our full Texas SBA Lenders guide.

🤝 Why Use an SBA Broker in El Paso?

GoSBA Loans helps El Paso businesses access the best SBA lenders:

  • Access 27+ lenders — including many that don’t accept direct applications
  • Local market expertise — we know which lenders are most active in El Paso
  • Rate comparison — get competing offers to secure the best terms
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your El Paso SBA Loan

Our team has helped hundreds of El Paso businesses secure SBA financing. Let us match you with the right lender.

Looking for SBA loan help in El Paso? GoSBA Loans is a trusted SBA loan broker serving businesses in El Paso and across Texas. Contact our El Paso SBA specialists today for a free consultation.

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Ishan Jetley

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.
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