Best SBA Lenders in Odessa, TX (2026)
2025 FOIA data: top lenders, rates & industries for Odessa SBA loans
SBA Loans in Odessa, Texas
Looking for an SBA loan in Odessa, Texas? Based on 2025 FOIA data, 37 SBA 7(a) loans were funded in Odessa totaling $27.8M, supporting an estimated 519 jobs. With 21 active lenders competing for business in the Odessa market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Odessa is $750K at an average rate of 10.23%. The top lender in Odessa is GBank, with the most-funded industry being Hotels (except Casino Hotels) and Motels. See all Texas SBA lenders for statewide rankings.
SBA Loans in Odessa by Business Type
Whether you’re starting a new business in Odessa, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 17% of SBA loans in Odessa (5 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 56% (10 loans) — if you’re looking to buy a business in Odessa, this is a proven use case for SBA financing. Existing businesses make up 25% and typically receive the most favorable terms.
Top SBA Lenders in Odessa, TX (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Odessa businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | GBank | $5.0M | 1 | 9% |
| 2 | Live Oak Banking Company | $3.8M | 1 | 9.25% |
| 3 | FFB Bank | $2.8M | 1 | 9.5% |
| 4 | Hancock Whitney Bank | $2.3M | 1 | 9.5% |
| 5 | The Huntington National Bank | $2.1M | 4 | 8.35% |
| 6 | Atlantic Union Bank | $2.0M | 1 | 10.25% |
| 7 | Midwest Regional Bank | $1.8M | 1 | 10.25% |
| 8 | Newtek Bank, National Association | $1.6M | 4 | 10.62% |
| 9 | Truliant FCU | $1.4M | 1 | 10.25% |
| 10 | Northeast Bank | $1.2M | 7 | 10.68% |
The top lenders in Odessa have direct experience with local businesses and understand the Odessa 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 Odessa 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 Odessa
One 5-minute application. 21+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Odessa
These are the industries that received the most SBA 7(a) funding in Odessa 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 |
|---|---|---|
| Hotels (except Casino Hotels) and Motels | 1 | $5.0M |
| Support Activities for Oil and Gas Operations | 4 | $4.9M |
| New Car Dealers | 1 | $3.8M |
| Limited-Service Restaurants | 1 | $2.3M |
| All Other Miscellaneous Fabricated Metal Product Manufacturing | 1 | $1.8M |
| Offices of Certified Public Accountants | 1 | $1.4M |
| Snack and Nonalcoholic Beverage Bars | 2 | $1.3M |
| Full-Service Restaurants | 2 | $1.2M |
| Other Business Service Centers (including Copy Shops) | 2 | $946K |
| Testing Laboratories | 1 | $830K |
Lenders with experience funding your specific industry in Odessa 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 Odessa
Option 1: Apply directly to one of the top Odessa 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 Odessa-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.
