Best Mckinney, TX SBA Lenders & Rates of 2026

Compare 42 SBA lenders in Mckinney, TX. $48.9M funded across 94 businesses. Average rate 10.30%. Get matched free.

Table of Contents

Best Mckinney, TX SBA Lenders & Rates of 2026

$48.9M
Total Funded

94
Loans Approved

$520K
Avg Loan Size

10.30%
Avg Interest Rate

42
Active Lenders

SBA Loans in Mckinney, TX

Mckinney, TX businesses received $48.9M in SBA 7(a) loan approvals across 94 businesses in 2025. With 42 active SBA lenders competing for business in Mckinney, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in Mckinney is $520K, with rates averaging 10.30%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Mckinney SBA Loans by Business Type

🚀 Startups
39%
$15.3M • 37 loans

🏢 Existing Businesses
51%
$20.9M • 48 loans

🔄 Acquisitions
10%
$12.7M • 9 loans

Top SBA Lenders in Mckinney, TX (2025)

Based on official SBA data analyzed by GoSBA Loans, these are the banks that funded the most SBA 7(a) loans to Mckinney businesses:

RankLenderVolumeLoansAvg Rate
1 GBank$5.0M18.25%
2 Hancock Whitney Bank$4.9M69.63%
3 First Internet Bank of Indiana$3.7M410.00%
4 First United Bank and Trust Company$3.4M49.88%
5 The Huntington National Bank$3.1M129.98%
6 First Horizon Bank$2.6M19.00%
7 Security National Bank of Omaha$2.5M29.50%
8 Northeast Bank$2.4M1411.46%
9 T Bank, National Association$2.3M29.75%
10 Midwest Regional Bank$2.1M110.25%
11 First Savings Bank$1.6M110.25%
12 Magnifi Financial CU$1.2M210.00%
13 VelocitySBA, LLC$978K110.00%
14 United Midwest Savings Bank National Association$976K410.00%
15 Wells Fargo Bank National Association$954K39.12%
16 Community Bank & Trust-West Georgia$945K19.50%
17 Milestone Bank$877K110.00%
18 JPMorgan Chase Bank, National Association$759K412.15%
19 Elevate Bank National Association$745K19.75%
20 Bank of America, National Association$720K28.40%
21 UMB Bank, National Association$660K18.00%
22 Truist Bank$654K19.75%
23 Comerica Bank$650K29.63%
24 Grasshopper Bank National Association$630K110.25%
25 Newtek Bank, National Association$605K210.50%
26 First State Bank$550K19.25%
27 Southwestern National Bank$500K19.00%
28 Open Bank$426K19.00%
29 Lea County State Bank$400K19.50%
30 b1BANK$310K110.25%
31 BayFirst National Bank$286K312.25%
32 LiftFund, Inc.$250K112.00%
33 Live Oak Banking Company$240K19.99%
34 Lendistry SBLC, LLC$150K112.00%
35 Regions Bank$150K112.49%
36 Colony Bank$150K110.50%
37 Hanover Community Bank$135K110.50%
38 DreamSpring$107K210.99%
39 Shoreham Bank$100K112.00%
40 First Bank of the Lake$75K16.00%
41 PlainsCapital Bank$60K110.50%
42 Celtic Bank Corporation$36K112.50%

Top Industries in Mckinney

Here are the industries that received the most SBA funding in Mckinney:

SBA Loans in Texas

Mckinney is part of Texas‘s SBA lending market. For statewide data and more lender options, see our full Texas SBA Lenders guide.

🤝 Why Use an SBA Broker in Mckinney?

GoSBA Loans helps Mckinney businesses access the best SBA lenders:

  • Access 42+ lenders — including many that don’t accept direct applications
  • Local market expertise — we know which lenders are most active in Mckinney
  • Rate comparison — get competing offers to secure the best terms
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your Mckinney SBA Loan

Our team has helped hundreds of Mckinney businesses secure SBA financing. Let us match you with the right lender.

Looking for SBA loan help in Mckinney? GoSBA Loans is a trusted SBA loan broker serving businesses in Mckinney and across Texas. Contact our Mckinney SBA specialists today for a free consultation.

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Ishan Jetley

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.
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