22nd State Bank, A Division of 22nd State Banking Company
Headquartered in Mobile, AL. Analysis based on 320 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $372.2M.
Total 7(a) loans
320
Total approved
$372.2M
Average loan
$1.2M
States funded in
43
Charge-off rate
0.00%
FY2020–FY2023 cohort
Paid-in-full rate
15.11%
Average rate
8.43%
Average term
167 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 722513 | Limited-Service Restaurants | 17 |
| 624410 | Child Day Care Services | 14 |
| 722511 | Full-Service Restaurants | 10 |
| 236118 | Residential Remodelers | 9 |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 7 |
| 238210 | Electrical Contractors | 7 |
| 561730 | Landscaping Services | 7 |
| 713990 | All Other Amusement and Recreation Industries | 7 |
| 238990 | All Other Specialty Trade Contractors | 6 |
| 561720 | Janitorial Services | 5 |
Top 10 states
| State | Loans |
|---|---|
| FL | 51 |
| CA | 26 |
| TX | 22 |
| GA | 16 |
| AL | 15 |
| NJ | 15 |
| NC | 13 |
| CO | 12 |
| AZ | 11 |
| NY | 10 |
Top franchise brands financed
44 franchise loans across 31 distinct brands.
| Franchise | Loans |
|---|---|
| Firehouse Subs | 5 |
| The UPS Store (f/k/a Mail Box | 3 |
| Little Caesars | 2 |
| Scenthound | 2 |
| Jiffy Lube | 2 |
| Rita's Ice-Custard-Happiness | 2 |
| Motel 6 | 2 |
| Duck Donuts | 2 |
| Jersey Mike's | 2 |
| The Maids | 1 |
Get matched with SBA lenders — free
Tell us a bit about your funding need. We'll connect you to SBA-preferred lenders active in your industry and state. No obligation.
Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.