Best SBA Lenders in Mansfield, TX (2026)
2025 FOIA data: top lenders, rates & industries for Mansfield SBA loans
SBA Loans in Mansfield, Texas
Looking for an SBA loan in Mansfield, Texas? Based on 2025 FOIA data, 39 SBA 7(a) loans were funded in Mansfield totaling $23.2M, supporting an estimated 444 jobs. With 25 active lenders competing for business in the Mansfield market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Mansfield is $596K at an average rate of 10.5%. The top lender in Mansfield is Newtek Bank, National Association, with the most-funded industry being Office Administrative Services. See all Texas SBA lenders for statewide rankings.
SBA Loans in Mansfield by Business Type
Whether you’re starting a new business in Mansfield, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 28% of SBA loans in Mansfield (9 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 9% (3 loans) — if you’re looking to buy a business in Mansfield, this is a proven use case for SBA financing. Existing businesses make up 58% and typically receive the most favorable terms.
Top SBA Lenders in Mansfield, TX (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Mansfield businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Newtek Bank, National Association | $6.3M | 3 | 10.83% |
| 2 | Mission Valley Bank | $2.5M | 1 | 9.25% |
| 3 | Bank Five Nine | $2.0M | 1 | 8.75% |
| 4 | Northeast Bank | $1.8M | 6 | 10.79% |
| 5 | Community Bank & Trust-West Georgia | $1.5M | 1 | 10% |
| 6 | The Huntington National Bank | $1.2M | 2 | 9.5% |
| 7 | Readycap Lending, LLC | $1.2M | 3 | 11.67% |
| 8 | United Community Bank | $1.0M | 1 | 10.25% |
| 9 | PCB Bank | $930K | 1 | 9% |
| 10 | Port 51 Lending LLC | $770K | 1 | 10.25% |
The top lenders in Mansfield have direct experience with local businesses and understand the Mansfield 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 Mansfield 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 Mansfield
One 5-minute application. 25+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Mansfield
These are the industries that received the most SBA 7(a) funding in Mansfield 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 |
|---|---|---|
| Office Administrative Services | 1 | $5.0M |
| Snack and Nonalcoholic Beverage Bars | 2 | $3.5M |
| Full-Service Restaurants | 5 | $2.7M |
| Glass and Glazing Contractors | 1 | $2.5M |
| Insurance Agencies and Brokerages | 3 | $2.2M |
| Limited-Service Restaurants | 3 | $1.8M |
| Offices of Physicians (except Mental Health Specialists) | 1 | $1.0M |
| Other Services to Buildings and Dwellings | 1 | $770K |
| Roofing Contractors | 1 | $500K |
| Offices of Optometrists | 1 | $459K |
Lenders with experience funding your specific industry in Mansfield 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 Mansfield
Option 1: Apply directly to one of the top Mansfield 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 Mansfield-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.
