Best SBA Lenders in Montgomery, TX (2026)
2025 FOIA data: top lenders, rates & industries for Montgomery SBA loans
SBA Loans in Montgomery, Texas
Looking for an SBA loan in Montgomery, Texas? Based on 2025 FOIA data, 25 SBA 7(a) loans were funded in Montgomery totaling $10.3M, supporting an estimated 262 jobs. With 13 active lenders competing for business in the Montgomery market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Montgomery is $413K at an average rate of 11.07%. The top lender in Montgomery is Simmons Bank, with the most-funded industry being Support Activities for Rail Transportation. See all Texas SBA lenders for statewide rankings.
SBA Loans in Montgomery by Business Type
Whether you’re starting a new business in Montgomery, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 40% of SBA loans in Montgomery (8 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 0% (0 loans) — if you’re looking to buy a business in Montgomery, this is a proven use case for SBA financing. Existing businesses make up 59% and typically receive the most favorable terms.
Top SBA Lenders in Montgomery, TX (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Montgomery businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Simmons Bank | $2.9M | 2 | 9.5% |
| 2 | Live Oak Banking Company | $2.9M | 2 | 9.88% |
| 3 | Cadence Bank | $1.2M | 3 | 10.5% |
| 4 | Newtek Bank, National Association | $925K | 3 | 10.67% |
| 5 | Northeast Bank | $593K | 3 | 12.08% |
| 6 | Harvest Small Business Finance, LLC | $490K | 1 | 9.5% |
| 7 | United Midwest Savings Bank National Association | $300K | 2 | 10.5% |
| 8 | JPMorgan Chase Bank, National Association | $291K | 2 | 13.12% |
| 9 | Readycap Lending, LLC | $244K | 2 | 12.38% |
| 10 | The Huntington National Bank | $184K | 2 | 10.25% |
The top lenders in Montgomery have direct experience with local businesses and understand the Montgomery 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 Montgomery 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 Montgomery
One 5-minute application. 13+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Montgomery
These are the industries that received the most SBA 7(a) funding in Montgomery 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 |
|---|---|---|
| Support Activities for Rail Transportation | 2 | $2.9M |
| Homes for the Elderly | 2 | $2.9M |
| Administrative Management and General Management Consulting Services | 2 | $900K |
| Other Services Related to Advertising | 1 | $500K |
| Bed-and-Breakfast Inns | 1 | $490K |
| All Other Specialty Trade Contractors | 2 | $470K |
| Sports and Recreation Instruction | 3 | $409K |
| Commercial and Institutional Building Construction | 1 | $250K |
| Research and Development in the Social Sciences and Humanities | 1 | $250K |
| Residential Remodelers | 1 | $241K |
Lenders with experience funding your specific industry in Montgomery 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 Montgomery
Option 1: Apply directly to one of the top Montgomery 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 Montgomery-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.
