Best SBA Lenders in Grand Prairie, TX (2026)
2025 FOIA data: top lenders, rates & industries for Grand Prairie SBA loans
SBA Loans in Grand Prairie, Texas
Looking for an SBA loan in Grand Prairie, Texas? Based on 2025 FOIA data, 30 SBA 7(a) loans were funded in Grand Prairie totaling $17.4M, supporting an estimated 289 jobs. With 22 active lenders competing for business in the Grand Prairie market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Grand Prairie is $581K at an average rate of 9.82%. The top lender in Grand Prairie is Bank of Hope, with the most-funded industry being Hotels (except Casino Hotels) and Motels. See all Texas SBA lenders for statewide rankings.
SBA Loans in Grand Prairie by Business Type
Whether you’re starting a new business in Grand Prairie, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 23% of SBA loans in Grand Prairie (11 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 32% (3 loans) — if you’re looking to buy a business in Grand Prairie, this is a proven use case for SBA financing. Existing businesses make up 43% and typically receive the most favorable terms.
Top SBA Lenders in Grand Prairie, TX (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Grand Prairie businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Bank of Hope | $5.0M | 1 | 8.5% |
| 2 | T Bank, National Association | $1.9M | 1 | 10.25% |
| 3 | U.S. Bank, National Association | $1.7M | 2 | 8.5% |
| 4 | Texas Capital Bank | $1.4M | 1 | 6% |
| 5 | First Savings Bank | $1.1M | 1 | 10.5% |
| 6 | Lake Forest Bank & Trust Company, National Association | $885K | 1 | 6.75% |
| 7 | Live Oak Banking Company | $700K | 2 | 9.5% |
| 8 | The Huntington National Bank | $591K | 4 | 10.12% |
| 9 | Byline Bank | $500K | 1 | 10% |
| 10 | Newtek Bank, National Association | $500K | 1 | 10.5% |
The top lenders in Grand Prairie have direct experience with local businesses and understand the Grand Prairie 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 Grand Prairie 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 Grand Prairie
One 5-minute application. 22+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Grand Prairie
These are the industries that received the most SBA 7(a) funding in Grand Prairie 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 |
|---|---|---|
| Hotels (except Casino Hotels) and Motels | 2 | $5.3M |
| Snack and Nonalcoholic Beverage Bars | 1 | $1.9M |
| Other Miscellaneous Durable Goods Merchant Wholesalers | 2 | $1.7M |
| Industrial Machinery and Equipment Merchant Wholesalers | 1 | $1.4M |
| Supermarkets and Other Grocery (except Convenience) Stores | 1 | $1.1M |
| Insurance Agencies and Brokerages | 1 | $885K |
| Remediation Services | 2 | $700K |
| General Freight Trucking, Long Distance, Truckload | 2 | $503K |
| Child Day Care Services | 1 | $500K |
| Breakfast Cereal Manufacturing | 1 | $500K |
Lenders with experience funding your specific industry in Grand Prairie 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 Grand Prairie
Option 1: Apply directly to one of the top Grand Prairie 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 Grand Prairie-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
How many SBA loans were funded in Grand Prairie in 2025?
Can I get an SBA loan to start a business in Grand Prairie?
Who is the top SBA lender in Grand Prairie?
What is the average SBA loan rate in Grand Prairie?
Ready to Apply for an SBA Loan in Grand Prairie?
50+ lenders competing for your deal. Better rates, faster closing. No fees.
Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
