Best SBA Lenders in Amarillo, TX (2026)
2025 FOIA data: top lenders, rates & industries for Amarillo SBA loans
SBA Loans in Amarillo, Texas
Looking for an SBA loan in Amarillo, Texas? Based on 2025 FOIA data, 43 SBA 7(a) loans were funded in Amarillo totaling $20.1M, supporting an estimated 544 jobs. With 21 active lenders competing for business in the Amarillo market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Amarillo is $469K at an average rate of 10.61%. The top lender in Amarillo is 1st Financial Bank USA, with the most-funded industry being New Single-Family Housing Construction (except Operative Builders). See all Texas SBA lenders for statewide rankings.
SBA Loans in Amarillo by Business Type
Whether you’re starting a new business in Amarillo, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 7% of SBA loans in Amarillo (8 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 8% (3 loans) — if you’re looking to buy a business in Amarillo, this is a proven use case for SBA financing. Existing businesses make up 72% and typically receive the most favorable terms.
Top SBA Lenders in Amarillo, TX (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Amarillo businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | 1st Financial Bank USA | $5.0M | 1 | 8.5% |
| 2 | Live Oak Banking Company | $5.0M | 1 | 7% |
| 3 | Bank of Hope | $2.7M | 1 | 8.5% |
| 4 | The Huntington National Bank | $1.7M | 4 | 10.25% |
| 5 | Northeast Bank | $850K | 6 | 10.96% |
| 6 | Newtek Bank, National Association | $650K | 4 | 10.75% |
| 7 | New Millennium Bank | $588K | 1 | 8.5% |
| 8 | Colony Bank | $533K | 1 | 10.25% |
| 9 | Lendistry SBLC, LLC | $480K | 3 | 12.33% |
| 10 | Centennial Bank | $478K | 5 | 8.5% |
The top lenders in Amarillo have direct experience with local businesses and understand the Amarillo 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 Amarillo 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 Amarillo
One 5-minute application. 21+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Amarillo
These are the industries that received the most SBA 7(a) funding in Amarillo 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 |
|---|---|---|
| New Single-Family Housing Construction (except Operative Builders) | 2 | $5.3M |
| Veterinary Services | 1 | $5.0M |
| Hotels (except Casino Hotels) and Motels | 1 | $2.7M |
| Full-Service Restaurants | 8 | $1.4M |
| Nail Salons | 2 | $583K |
| Machine Shops | 1 | $350K |
| Convention and Trade Show Organizers | 2 | $330K |
| Data Processing, Hosting, and Related Services | 1 | $250K |
| General Automotive Repair | 1 | $250K |
| Wholesale Trade Agents and Brokers | 1 | $250K |
Lenders with experience funding your specific industry in Amarillo 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 Amarillo
Option 1: Apply directly to one of the top Amarillo 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 Amarillo-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.
