Best SBA Lenders in Midland, TX (2026)
2025 FOIA data: top lenders, rates & industries for Midland SBA loans
SBA Loans in Midland, Texas
Looking for an SBA loan in Midland, Texas? Based on 2025 FOIA data, 32 SBA 7(a) loans were funded in Midland totaling $25.9M, supporting an estimated 510 jobs. With 20 active lenders competing for business in the Midland market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Midland is $811K at an average rate of 10.2%. The top lender in Midland is Pathward National Association, with the most-funded industry being Drilling Oil and Gas Wells. See all Texas SBA lenders for statewide rankings.
SBA Loans in Midland by Business Type
Whether you’re starting a new business in Midland, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 9% of SBA loans in Midland (6 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 26% (4 loans) — if you’re looking to buy a business in Midland, this is a proven use case for SBA financing. Existing businesses make up 62% and typically receive the most favorable terms.
Top SBA Lenders in Midland, TX (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Midland businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Pathward National Association | $5.0M | 1 | 9.75% |
| 2 | Citizens Bank | $3.7M | 2 | 10.25% |
| 3 | Northwest Bank | $3.6M | 2 | 9.75% |
| 4 | Newtek Bank, National Association | $3.1M | 2 | 10.75% |
| 5 | BOKF, National Association | $2.2M | 1 | 7.75% |
| 6 | SouthWest Bank | $1.9M | 4 | 9.25% |
| 7 | Northeast Bank | $869K | 4 | 10.81% |
| 8 | Live Oak Banking Company | $800K | 2 | 11.12% |
| 9 | The Bancorp Bank National Association | $738K | 1 | 8.75% |
| 10 | Harvest Small Business Finance, LLC | $716K | 2 | 9.62% |
The top lenders in Midland have direct experience with local businesses and understand the Midland 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 Midland 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 Midland
One 5-minute application. 20+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Midland
These are the industries that received the most SBA 7(a) funding in Midland 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 |
|---|---|---|
| Drilling Oil and Gas Wells | 1 | $5.0M |
| Hardware Merchant Wholesalers | 2 | $3.6M |
| All Other Traveler Accommodation | 1 | $2.6M |
| Other Commercial and Industrial Machinery and Equipment Rental and Lea | 2 | $2.2M |
| Limited-Service Restaurants | 4 | $2.1M |
| Offices of All Other Miscellaneous Health Practitioners | 2 | $1.1M |
| Offices of Physical, Occupational and Speech Therapists, and Audiologi | 1 | $716K |
| Full-Service Restaurants | 1 | $700K |
| All Other Amusement and Recreation Industries | 1 | $512K |
| All Other Miscellaneous Fabricated Metal Product Manufacturing | 1 | $500K |
Lenders with experience funding your specific industry in Midland 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 Midland
Option 1: Apply directly to one of the top Midland 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 Midland-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.
