SBA acquisition lenders in Texas

Texas borrowers closed 1,132 SBA change-of-ownership loans from FY2025 to FY2026 Q3: $1.57B approved, a median deal of $894,450, and a median initial rate of 9.25%.

Loans
1,132

FY2025 to FY2026 Q3

Approved
$1.57B

gross approvals

Median deal
$894,450

national $709,300

Median rate
9.25%

national 9.25%

Charged off
1.53%

1,310 FY2020-22 loans

Charge-off means SBA wrote the loan off as a loss. The rate covers the FY2020-22 approval cohort, not the window above, because recent loans have had less time to go bad, and is shown only for states with 100 or more cohort loans. Charge-off rates by lender

Most active lenders in Texas

Ranked by change-of-ownership loans closed in Texas, FY2025 to FY2026 Q3. Medians cover in-state loans only.

RankLenderLoans in TXMedian sizeMedian rate
1Huntington National Bank142$422,0009.25%
2Live Oak Banking Company133$825,0009.00%
3First Internet Bank of Indiana45$980,0009.75%
4T Bank, National Association39$1,492,5009.25%
5Metro City Bank29$1,450,0008.75%
6PCB Bank28$645,0009.00%
7Global One Bank27$2,340,0008.75%
8Bank of Hope26$2,536,0008.50%
9Zions Bank, A Division of25$344,0008.50%
10Byline Bank24$1,000,0009.88%

Lenders with fewer than 5 Texas loans in the window are not listed: medians from a handful of loans are not meaningful. The full national ranking is in the lender directory.

The median initial rate on Texas acquisition loans, 9.25%, is in line with the national median of 9.25% for the same window.