22nd State Banking Company

AL

SBA-approved lender offering 6 loan programs across 11 industries.

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Key Metrics

Interest Rate

9.36%

2.61% over prime

Average Loan

$1.1M

Per approval

Total Approvals

22

FY 2025

Loan Programs (6)

Change of Ownership
Existing or more than 2 years old
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Fixed Rates

Industries Served (11)

All Other Specialty Trade ContractorsBeauty SalonsFine Arts SchoolsFull-Service RestaurantsNail SalonsOffices of All Other Miscellaneous Health PractitionersOther Foundation, Structure, and Building Exterior ContractorsOther Personal Care ServicesPrivate Mail CentersResidential RemodelersRoofing Contractors

Additional Details

Prime Rate
6.75%
Rate Over Prime
2.61%
Effective Rate
9.36%
Fiscal Year
2025
States Served
AL

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