Best SBA Lenders in Garland, TX (2026)
2025 FOIA data: top lenders, rates & industries for Garland SBA loans
SBA Loans in Garland, Texas
Looking for an SBA loan in Garland, Texas? Based on 2025 FOIA data, 29 SBA 7(a) loans were funded in Garland totaling $19.2M, supporting an estimated 393 jobs. With 18 active lenders competing for business in the Garland market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Garland is $663K at an average rate of 10.33%. The top lender in Garland is Enterprise Bank & Trust, with the most-funded industry being All Other Specialty Trade Contractors. See all Texas SBA lenders for statewide rankings.
SBA Loans in Garland by Business Type
Whether you’re starting a new business in Garland, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 6% of SBA loans in Garland (3 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 6% (2 loans) — if you’re looking to buy a business in Garland, this is a proven use case for SBA financing. Existing businesses make up 76% and typically receive the most favorable terms.
Top SBA Lenders in Garland, TX (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Garland businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Enterprise Bank & Trust | $6.1M | 3 | 7% |
| 2 | Live Oak Banking Company | $5.4M | 2 | 9.3% |
| 3 | 22nd State Bank, A Division of 22nd State Banking Company | $1.7M | 1 | 9.25% |
| 4 | Stellar Bank | $1.6M | 1 | 8.75% |
| 5 | Northeast Bank | $770K | 6 | 10.38% |
| 6 | Security National Bank of Omaha | $717K | 2 | 9.88% |
| 7 | Regions Bank | $615K | 1 | 8.82% |
| 8 | Climate First Bank | $525K | 1 | 10.25% |
| 9 | First Bank of the Lake | $491K | 1 | 9.75% |
| 10 | Readycap Lending, LLC | $349K | 2 | 11.88% |
The top lenders in Garland have direct experience with local businesses and understand the Garland market — commercial real estate values, local industry dynamics, and regional economic conditions. Pay attention to the “Avg Rate” column, as rates vary significantly between lenders. A 0.5-1.0% rate difference on a $500K loan translates to $15,000-$30,000 in savings over the life of the loan.
Don’t limit your search to banks listed above — many national SBA lenders also fund loans in Garland and may offer better rates. An SBA loan broker like GoSBA gives you access to both local and national lenders with one application.
Get Matched with the Best SBA Lender in Garland
One 5-minute application. 18+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Garland
These are the industries that received the most SBA 7(a) funding in Garland in 2025. If your business is in one of these sectors, lenders are already familiar with your business model and may offer faster approvals:
| Industry | Loans | Volume |
|---|---|---|
| All Other Specialty Trade Contractors | 2 | $5.8M |
| All Other Miscellaneous Chemical Product and Preparation Manufacturing | 1 | $4.9M |
| Elementary and Secondary Schools | 1 | $1.7M |
| Flooring Contractors | 1 | $1.6M |
| Beauty Salons | 2 | $717K |
| Fitness and Recreational Sports Centers | 2 | $675K |
| Child Day Care Services | 1 | $615K |
| Homes for the Elderly | 1 | $525K |
| Exam Preparation and Tutoring | 1 | $491K |
| Other Services to Buildings and Dwellings | 1 | $400K |
Lenders with experience funding your specific industry in Garland understand the local competitive landscape, typical revenue ranges, and seasonal patterns. This familiarity often translates to faster underwriting and more competitive terms. If your industry doesn’t appear above, SBA loans are available for nearly every legal business type — an SBA broker can match you with lenders who specialize in your sector.
How to Get an SBA Loan in Garland
Option 1: Apply directly to one of the top Garland lenders listed above. You’ll receive a single quote from one bank.
Option 2: Use an SBA loan broker (recommended). GoSBA Loans submits your application to multiple Garland-active lenders and national SBA lenders simultaneously. More offers means better rates, faster approvals, and zero cost to you — lenders pay the broker fee.
Frequently Asked Questions
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Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
