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SBA 7(a) Loans in Lubbock, TX

Find lenders offering sba 7(a) loans in the Lubbock, including Wolfforth, Shallowater, and surrounding areas. Compare rates, terms, and programs from 176 lenders.

Lenders
176
Typical Rate
Prime + 1.5% to 3.75%
Down Payment
10-20%
Term
10-25 years
Closing Time
30-90 days

SBA 7(a) Lenders Serving Lubbock

176 lenders offering sba 7(a) loans in the Lubbock, TX area.

VelocitySBA, LLC

Local SBA

Irving, TX

Non-bank SBA preferred lender specializing exclusively in SBA 7(a) loans for commercial real estate acquisition. Focuses on hotel, gas station, and convenience store financing with a streamlined approval process.

$500K – $5M 53 SBA loans
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T Bank, National Association

Local SBA

DALLAS, TX

Texas-based community bank and SBA preferred lender. Specializes in SBA 7(a) loans for commercial real estate acquisition and business expansion, with a focus on hospitality and convenience store industries.

26 SBA loans
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Wallis Bank

Local SBA

WALLIS, TX

Texas-based community bank and top SBA lender in the Houston area. Offers SBA 7(a) loans, commercial real estate, and international banking services for small businesses.

21 SBA loans
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Comerica Bank

Local SBA

DALLAS, TX

Dallas-based major commercial bank offering SBA 7(a) and 504 loans, commercial real estate, equipment financing, lines of credit, and treasury management. One of the 25 largest U.S. banks with nationwide business banking.

38 SBA loans
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Southwestern National Bank

Local SBA

HOUSTON, TX

Houston, Texas-based community bank offering SBA 7(a) loans, commercial real estate, and business banking. Serves small businesses in the greater Houston metropolitan area.

15 SBA loans
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Texas Capital Bank

Local SBA

DALLAS, TX

Dallas-based commercial bank offering SBA 7(a) loans, commercial real estate, treasury management, and specialized lending. Focused on serving Texas businesses with sophisticated financial solutions.

10 SBA loans
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Frost Bank

Local SBA

SAN ANTONIO, TX

16 SBA loans
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Plains State Bank

Local SBA

HUMBLE, TX

3 SBA loans
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PlainsCapital Bank

Local SBA

DALLAS, TX

17 SBA loans
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Gulf Capital Bank

Local SBA

Houston, TX

2 SBA loans
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Global One Bank

Local SBA

Houston, TX

2 SBA loans
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First Commercial Bank, National Association

Local SBA

SEGUIN, TX

1 SBA loans
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American Bank, National Association

Local SBA

DALLAS, TX

2 SBA loans
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Security State Bank and Trust

Local SBA

FREDERICKSBURG, TX

6 SBA loans
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Prosperity Bank

Local SBA

El Campo, TX

4 SBA loans
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Lubbock Commercial Real Estate Market

Lubbock's CRE market is anchored by Texas Tech University, a 40,000-student institution whose campus, medical school, and research facilities generate consistent demand for student housing, medical office, retail, and hospitality properties. The South Loop 289 and Milwaukee Avenue corridors are the primary retail and commercial nodes, with steady national tenant expansion into what remains a relatively underserved metro for its population size. The cotton and agriculture industry remains a significant economic driver, with Lubbock serving as the commercial hub for the South Plains region's farming operations and supporting agribusiness-related warehouse and office demand. Medical CRE demand is driven by UMC Health System, Covenant Health, and the Texas Tech University Health Sciences Center campus.

Key Economic Drivers

  • Texas Tech University and Texas Tech Health Sciences Center driving institutional and student-oriented CRE demand
  • UMC Health System and Covenant Health regional hospital campuses
  • South Plains cotton and agriculture industry supporting agribusiness and logistics facilities
  • Wind energy sector growth across the South Plains generating construction-related commercial demand

Market Insight

Lubbock's market benefits from being the only sizable metro within a 300-mile radius, giving it a regional trade area of over 600,000 people and creating a captive consumer base that supports retail occupancy rates above the national average.

SBA 7(a) Loans in Lubbock, Texas

SBA 7(a) loans are the most common SBA loan program, offering up to $5 million for working capital, equipment, real estate, business acquisition, and refinancing. Backed by the U.S. Small Business Administration, they offer competitive rates and longer terms than conventional business loans. In the Lubbock metro area, borrowers can access 176 lenders offering SBA 7(a) financing, including Wolfforth, Shallowater, and surrounding areas. Loan amounts typically range from $25K to $5M with rates from Prime + 1.5% to 3.75%.

Who Should Consider SBA 7(a) Loans?

  • Small business owners
  • Business acquisitions
  • Working capital needs
  • Commercial real estate purchase

Key Requirements

  • For-profit business operating in the US
  • Owner has invested equity
  • Exhausted other financing options
  • No delinquent government debt
  • Credit score: 680+

Advantages

  • Low down payment (as low as 10%)
  • Competitive interest rates
  • Long repayment terms
  • Can be used for many purposes

Considerations

  • Lengthy application process
  • Extensive documentation required
  • Personal guarantee required
  • Collateral often needed

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