Bank · Mobile, AL
22nd State Bank
Made 59 SBA 7(a) change-of-ownership loans totaling $81.7M in FY2024 to FY2026: #65 of 1,054 lenders by loans and #53 by dollars. Lends in 25 states. Part of Feb Bancshares Inc.
#65by loans, FY24–26
59loans
$81.7Mapproved
$998Kmedian loan
Volume
By fiscal year
Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.
| Fiscal year | Loans | Dollars | Median | Share of all loans |
|---|---|---|---|---|
| FY2024 | 40 | $57.0M | $1.0M | 0.7% |
| FY2025 | 10 | $13.4M | $998K | 0.1% |
| FY2026 | 9 | $11.4M | $721K | 0.1% |
Loan size
Deal size mix
47% of its loans were $1M or more.
- Under $350K9 loans · 15% · $2.2M
- $350K to $1M22 loans · 37% · $15.0M
- $1M to $2M15 loans · 25% · $20.9M
- $2M to $5M13 loans · 22% · $43.6M
Where the money goes
Top industries
| Industry | Loans | Dollars |
|---|---|---|
| Construction | 18 | $36.7M |
| Administrative & Support, Waste Mgmt | 11 | $14.1M |
| Accommodation & Food Services | 7 | $7.9M |
| Retail Trade | 7 | $7.1M |
| Professional, Scientific & Technical Services | 4 | $3.1M |
| Health Care & Social Assistance | 3 | $1.3M |
| Wholesale Trade | 2 | $947K |
| Manufacturing | 2 | $6.1M |
Business location
Top states
| Business state | Loans | Dollars |
|---|---|---|
| Florida | 10 | $10.4M |
| Colorado | 8 | $17.1M |
| Arizona | 5 | $5.2M |
| California | 4 | $3.3M |
| Pennsylvania | 4 | $2.3M |
| Wisconsin | 3 | $2.4M |
| Maine | 2 | $2.3M |
| Georgia | 2 | $2.4M |
Keep exploring
Related pages
Top lenders in its top states
Its top industries and deal size
Lenders of similar size
Guides and rankings
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