SBA Loans for Jewelry Stores in Alabama: Top Lenders

NAICS 448

NAICS 448 covers jewelry stores businesses in Alabama. Based on historical SBA 7(a) lending data.

Total Approvals

4

in Alabama

Median Loan Size

$142,500

per approval

Recent Activity

0

last 90 days through Aug 2021

NAICS 448 covers jewelry stores businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $142,500.

Key trends & insights

  • Jewelry Stores in Alabama lending is concentrated — PNC Bank, National Association, Bank OF Springfield, United Midwest Savings Bank, National Association together account for 75% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • PNC Bank, National Association leads this industry with 1 approvals (25% market share) and a median loan of $50,000.
  • Jewelry Stores in Alabama loans skew smaller than the SBA average at $142,500 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
  • SBA data for this industry goes through 2021-08-26 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Jewelry Stores in Alabama

#LenderApprovalsMedian Size
11$50,000
21$185,000
31$100,000
41$479,100

Recent SBA 7(a) approvals for Jewelry Stores in Alabama

MonthLenderBorrowerAmount
2021-08Millennial BankOnc*****LLC$479,100
2021-06Bank of SpringfieldReb*****Inc$185,000
2021-03PNC Bank, National AssociationGO *****NC.$50,000
2019-11United Midwest Savings Bank National AssociationPal*****LLC$100,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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