Best SBA Lenders in Frisco, TX (2026)
2025 FOIA data: top lenders, rates & industries for Frisco SBA loans
SBA Loans in Frisco, Texas
Looking for an SBA loan in Frisco, Texas? Based on 2025 FOIA data, 93 SBA 7(a) loans were funded in Frisco totaling $46.3M, supporting an estimated 985 jobs. With 40 active lenders competing for business in the Frisco market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Frisco is $498K at an average rate of 10.4%. The top lender in Frisco is Live Oak Banking Company, with the most-funded industry being Full-Service Restaurants. See all Texas SBA lenders for statewide rankings.
SBA Loans in Frisco by Business Type
Whether you’re starting a new business in Frisco, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 38% of SBA loans in Frisco (24 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 6% (5 loans) — if you’re looking to buy a business in Frisco, this is a proven use case for SBA financing. Existing businesses make up 48% and typically receive the most favorable terms.
Top SBA Lenders in Frisco, TX (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Frisco businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Live Oak Banking Company | $5.9M | 3 | 9.13% |
| 2 | Merchants Bank of Indiana | $4.2M | 1 | 9% |
| 3 | Newtek Bank, National Association | $3.9M | 9 | 11% |
| 4 | One World Bank | $3.7M | 1 | 8.5% |
| 5 | The Huntington National Bank | $3.1M | 9 | 9.94% |
| 6 | Readycap Lending, LLC | $2.6M | 6 | 11.96% |
| 7 | Bank of America, National Association | $2.5M | 6 | 7.58% |
| 8 | Northeast Bank | $1.9M | 12 | 11.06% |
| 9 | Grasshopper Bank National Association | $1.7M | 2 | 10.38% |
| 10 | Celtic Bank Corporation | $1.3M | 2 | 10.12% |
The top lenders in Frisco have direct experience with local businesses and understand the Frisco 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 Frisco 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 Frisco
One 5-minute application. 40+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Frisco
These are the industries that received the most SBA 7(a) funding in Frisco 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 |
|---|---|---|
| Full-Service Restaurants | 13 | $12.4M |
| Offices of Physicians (except Mental Health Specialists) | 1 | $5.0M |
| Elementary and Secondary Schools | 1 | $4.2M |
| Custom Computer Programming Services | 6 | $2.7M |
| Limited-Service Restaurants | 3 | $1.5M |
| Child Day Care Services | 3 | $1.5M |
| Snack and Nonalcoholic Beverage Bars | 4 | $1.4M |
| Insurance Agencies and Brokerages | 2 | $1.2M |
| Fitness and Recreational Sports Centers | 2 | $1.1M |
| Offices of Chiropractors | 3 | $1.1M |
Lenders with experience funding your specific industry in Frisco 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 Frisco
Option 1: Apply directly to one of the top Frisco 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 Frisco-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.
