Best SBA Lenders in Tyler, TX (2026)
2025 FOIA data: top lenders, rates & industries for Tyler SBA loans
SBA Loans in Tyler, Texas
Looking for an SBA loan in Tyler, Texas? Based on 2025 FOIA data, 35 SBA 7(a) loans were funded in Tyler totaling $20.9M, supporting an estimated 387 jobs. With 20 active lenders competing for business in the Tyler market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Tyler is $596K at an average rate of 9.85%. The top lender in Tyler is The Huntington National Bank, with the most-funded industry being Hotels (except Casino Hotels) and Motels. See all Texas SBA lenders for statewide rankings.
SBA Loans in Tyler by Business Type
Whether you’re starting a new business in Tyler, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 21% of SBA loans in Tyler (12 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 7% (2 loans) — if you’re looking to buy a business in Tyler, this is a proven use case for SBA financing. Existing businesses make up 51% and typically receive the most favorable terms.
Top SBA Lenders in Tyler, TX (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Tyler businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | The Huntington National Bank | $5.5M | 8 | 9.38% |
| 2 | Banc of California | $2.6M | 1 | 7.5% |
| 3 | U.S. Bank, National Association | $2.1M | 1 | 6.5% |
| 4 | First Oklahoma Bank | $2.1M | 1 | 9.75% |
| 5 | Live Oak Banking Company | $2.0M | 4 | 9.75% |
| 6 | Celtic Bank Corporation | $1.0M | 1 | 10.25% |
| 7 | BayFirst National Bank | $981K | 2 | 11.38% |
| 8 | Lendistry SBLC, LLC | $910K | 1 | 9.75% |
| 9 | The Bancorp Bank National Association | $876K | 1 | 9% |
| 10 | Newtek Bank, National Association | $565K | 2 | 10.5% |
The top lenders in Tyler have direct experience with local businesses and understand the Tyler 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 Tyler 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 Tyler
One 5-minute application. 20+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Tyler
These are the industries that received the most SBA 7(a) funding in Tyler 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 | 2 | $4.1M |
| Child Day Care Services | 2 | $3.4M |
| Offices of All Other Miscellaneous Health Practitioners | 2 | $1.3M |
| Lessors of Miniwarehouses and Self-Storage Units | 1 | $1.2M |
| Plumbing, Heating, and Air-Conditioning Contractors | 1 | $1.0M |
| Used Car Dealers | 2 | $1.0M |
| Other Personal Care Services | 1 | $901K |
| Snack and Nonalcoholic Beverage Bars | 1 | $876K |
| Home Health Care Services | 2 | $700K |
| Residential Property Managers | 3 | $505K |
Lenders with experience funding your specific industry in Tyler 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 Tyler
Option 1: Apply directly to one of the top Tyler 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 Tyler-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.
