70
Peoples Bank
National Rank by SBA 7(a) Loan Volume (2025)
$107.4M
Total Volume
121
Loans Funded
$888K
Avg Loan Size
9.10%
Avg Interest Rate
About Peoples Bank
In 2025, Peoples Bank funded $107.4M in SBA 7(a) loans across 121 businesses nationwide, making them the #70 SBA lender in the United States by loan volume.
💡 Key Insight: Peoples Bank’s average loan size is $888K at an average rate of 9.10%. Working with an SBA loan broker can help you access this lender and potentially negotiate better terms.
Top States for Peoples Bank SBA Loans
Peoples Bank is most active in Florida, with lending activity across multiple states. Here’s where they funded the most SBA 7(a) loans in 2025:
| State | Loans | Volume |
|---|---|---|
| Florida | 7 | $13.5M |
| Georgia | 5 | $10.2M |
| Texas | 11 | $9.2M |
| Tennessee | 3 | $9.2M |
| Ohio | 16 | $9.1M |
| Mississippi | 30 | $8.4M |
| South Carolina | 2 | $8.1M |
| Alabama | 3 | $6.0M |
| Washington | 12 | $5.6M |
| Arkansas | 1 | $5.0M |
Top Industries Funded by Peoples Bank
Here are the industries where Peoples Bank funded the most SBA 7(a) loans in 2025:
| Industry | Loans | Volume |
|---|---|---|
| Hotels (except Casino Hotels) and Motels | 16 | $49.9M |
| General Freight Trucking, Local | 14 | $7.8M |
| Limited-Service Restaurants | 5 | $6.1M |
| Car Washes | 3 | $4.8M |
| Couriers | 2 | $4.1M |
| Cheese Manufacturing | 2 | $3.2M |
| Electrical Contractors | 2 | $1.4M |
| Snack and Nonalcoholic Beverage Bars | 3 | $1.4M |
| Frozen Specialty Food Manufacturing | 1 | $1.4M |
| Landscaping Services | 2 | $1.3M |
How to Get an SBA Loan Through Peoples Bank
Applying for an SBA 7(a) loan through Peoples Bank typically involves:
- Pre-qualification — Determine if your business meets SBA eligibility requirements
- Documentation — Gather financial statements, tax returns, and a business plan
- Application — Submit through Peoples Bank or work with an SBA loan broker for faster processing
- Underwriting — The bank reviews your application and makes a decision
- Closing — Finalize terms and receive your funding
Ready to Apply for an SBA Loan?
Our brokers can help you access Peoples Bank and 2,000+ other SBA lenders to find the best rates and terms for your business.