Best Texas SBA Lenders & Rates (2026)
2025 FOIA data: top lenders, rates, industries & loan types in Texas
SBA Loans in Texas
Texas businesses received $4.07B in SBA 7(a) loan approvals across 6,295 businesses in 2025, supporting 72,401 jobs. With 269 active SBA lenders competing for business in Texas, comparing offers is essential — rates vary significantly by lender.
The average SBA loan in Texas is $646K at 10.26%, which is 0.06% below the national average of 10.32%. The top lender in Texas is Live Oak Banking Company, with the most-funded industry being Hotels (except Casino Hotels) and Motels.
SBA Loans in Texas by Business Type
Whether you’re starting a business, buying one, or expanding an existing operation in Texas, here’s how SBA lending breaks down:
Startups represent 22% of Texas SBA loans (1342 loans totaling $899.0M). Business acquisitions (change of ownership) account for 22% (667 loans, $892.9M). Existing businesses make up the largest share at 43% (3383 loans). If you’re buying a business in Texas, acquisitions are a well-established use case for SBA 7(a) loans.
Texas vs. National Average
How does Texas’s SBA lending market compare to the national average in 2025?
Texas10.26%
National Avg10.32%
✅ Texas’s avg rate is 0.06% lower than the national average
Texas$646K
National Avg$478K
Texas’s avg loan is 1.4x the national average
A rate lower than the national average of 10.32% is significant context for Texas borrowers. Individual rates depend on your credit profile, deal structure, loan size, and the specific lender you work with — which is why comparing multiple offers from different banks is consistently the best strategy to get the lowest possible rate on your SBA loan.
Top SBA Lenders in Texas (2025 Data)
The table below ranks every SBA 7(a) lender active in Texas in 2025 by total dollar volume approved. This data comes directly from SBA FOIA records and represents actual funded loans — not pre-qualifications or applications received.
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Live Oak Banking Company | $313.8M | 230 | 9.27% |
| 2 | The Huntington National Bank | $249.3M | 504 | 9.74% |
| 3 | Newtek Bank, National Association | $199.9M | 503 | 11.05% |
| 4 | Readycap Lending, LLC | $135.1M | 266 | 12.1% |
| 5 | Northeast Bank | $111.3M | 682 | 11.03% |
| 6 | JPMorgan Chase Bank, National Association | $88.3M | 224 | 10.5% |
| 7 | T Bank, National Association | $84.9M | 49 | 9.69% |
| 8 | Global One Bank | $77.5M | 35 | 8.91% |
| 9 | First Internet Bank of Indiana | $72.7M | 50 | 10.1% |
| 10 | Texas Capital Bank | $69.0M | 42 | 6.91% |
| 11 | Bank of Hope | $68.6M | 44 | 9.12% |
| 12 | Cadence Bank | $67.8M | 113 | 10.25% |
| 13 | Metro City Bank | $67.5M | 39 | 8.71% |
| 14 | Wells Fargo Bank National Association | $64.5M | 222 | 11.26% |
| 15 | Frost Bank | $62.1M | 91 | 9.15% |
Pay close attention to the “Avg Rate” column — rates vary significantly between lenders operating in the same state. The spread between the lowest and highest rate in this table can represent tens of thousands of dollars over the life of your loan. The top lenders in Texas have funded the most deals locally, meaning their loan officers understand Texas’s commercial real estate values, industry mix, and economic conditions. This familiarity typically translates into faster underwriting and more competitive terms.
However, don’t limit your search to local banks alone. Many of the top national SBA lenders fund loans across all 50 states and may offer better rates or more experience with your specific industry. An SBA loan broker like GoSBA gives you access to both Texas-based lenders and national lenders with a single application — ensuring you get the most competitive offer available.
Get Matched with the Best SBA Lender in Texas
One 5-minute application. 269 lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Texas
SBA lending in Texas reflects the state’s economic profile and business formation trends. The table below shows which industries received the most SBA 7(a) funding in Texas in 2025, ranked by total dollar volume:
| Industry | Loans | Volume |
|---|---|---|
| Hotels (except Casino Hotels) and Motels | 114 | $332.6M |
| Full-Service Restaurants | 298 | $224.6M |
| Limited-Service Restaurants | 203 | $133.0M |
| Child Day Care Services | 131 | $116.0M |
| General Automotive Repair | 114 | $84.6M |
| Fitness and Recreational Sports Centers | 157 | $77.3M |
| Snack and Nonalcoholic Beverage Bars | 140 | $77.2M |
| Offices of Dentists | 72 | $70.2M |
| Car Washes | 30 | $67.3M |
| Offices of Physicians (except Mental Health Specialists) | 100 | $62.4M |
| Insurance Agencies and Brokerages | 114 | $52.8M |
| Veterinary Services | 34 | $48.0M |
| All Other Amusement and Recreation Industries | 67 | $47.7M |
| All Other Specialty Trade Contractors | 89 | $44.0M |
| Home Health Care Services | 83 | $43.9M |
If your business operates in one of Texas’s top-funded industries, you’re in a strong position. Lenders who have funded dozens of similar businesses in your state understand the unit economics, seasonal revenue patterns, and typical margins for your sector. This familiarity translates into faster approvals, less documentation back-and-forth, and more accurate risk pricing — which typically means better terms for the borrower.
Even if your industry isn’t listed above, SBA 7(a) loans are available for nearly every legal business type. An SBA loan broker can identify which lenders have the most experience with your specific industry.
Top Cities for SBA Loans in Texas
SBA lending activity within Texas is concentrated in major metropolitan areas, but businesses in smaller cities and towns also receive significant funding. The table below shows where in Texas the most SBA 7(a) loans were funded in 2025:
| City | Loans | Volume |
|---|---|---|
| Houston | 712 | $455.7M |
| Austin | 407 | $245.3M |
| Dallas | 371 | $243.6M |
| San Antonio | 337 | $190.3M |
| Fort Worth | 168 | $139.2M |
| Plano | 120 | $79.4M |
| Spring | 116 | $69.8M |
| Mckinney | 102 | $53.7M |
| Arlington | 88 | $51.6M |
| Carrollton | 70 | $48.9M |
How to Get an SBA Loan in Texas
Option 1: Apply directly to one of the top Texas lenders above. You’ll get a single quote from one bank.
Option 2: Use an SBA loan broker (recommended). GoSBA Loans submits your application to multiple Texas-active lenders simultaneously, creating competition for your deal. Better rates, faster approvals — at no cost to you.
Frequently Asked Questions
How many SBA loans were funded in Texas in 2025?
What is the average SBA loan interest rate in Texas?
Can I get an SBA loan to start a business in Texas?
Who is the top SBA lender in Texas?
What industries get the most SBA loans in Texas?
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Data sourced from official SBA 7(a) FOIA loan approval records for Calendar Year 2025, published by the U.S. Small Business Administration. For official information, visit sba.gov.
