GOOD
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
STRONG
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
331
2010–2026
Total Volume
$379M
Gross loan amounts
States Active
44
With recorded loans
Programs
7(a) & 504
331 total segments
22nd State Bank primarily serves established businesses, with 42% of their deals focused on acquisitions. This makes them a strong choice for buyers looking to purchase existing companies.
With an average 7(a) spread of P+2.54%, 22nd State Bank offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of your loan.
The bank has seen a significant decline in activity, with a 55% drop in year-over-year deals. This trend may indicate a tighter lending environment, making it potentially more challenging to secure approval.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 1 504 loans, which use fixed SBA debenture rates.
Top 15 of 44 states where 22nd State Bank, A Division of 22nd State Banking Company has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Specialty Trade Contractors
Construction
Administrative & Waste Services
Administrative & Waste Services
Manufacturing
Manufacturing
Other Health Practitioners
Health Care & Social Assistance
Wholesale Trade
Wholesale Trade
Social Assistance
Health Care & Social Assistance
Building Construction
Construction
+ 7 more
All recorded SBA lending activity for 22nd State Bank, A Division of 22nd State Banking Company, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Texas · Specialty Trade Contractors · $500K – $1M | 7(a) | 4 | P+2.75% | $808K | Q3 2024 |
| Florida · Restaurants & Food Service · $500K – $1M | 7(a) | 3 | P+2.75% | $622K | Q4 2023 |
| Oregon · Administrative & Waste Services · $500K – $1M | 7(a) | 2 | P+2.38% | $793K | Q2 2023 |
| Florida · Social Assistance · $1M – $2M | 7(a) | 2 | P+0.63% | $1.3M | Q2 2022 |
| Florida · Social Assistance · $2M – $5M | 7(a) | 2 | P+1.63% | $3.0M | Q3 2023 |
| California · Manufacturing · $500K – $1M | 7(a) | 2 | P+2.75% | $871K | Q4 2023 |
| Pennsylvania · Restaurants & Food Service · $350K – $500K | 7(a) | 2 | P+2.50% | $430K | Q4 2024 |
| North Carolina · Retail Trade · $150K – $350K | 7(a) | 2 | P+2.75% | $325K | Q3 2021 |
| Florida · Building Construction · $500K – $1M | 7(a) | 2 | P+2.75% | $860K | Q1 2025 |
| Texas · Manufacturing · $1M – $2M | 7(a) | 2 | P+2.63% | $1.6M | Q1 2024 |
| Florida · Restaurants & Food Service · Under $150K | 7(a) | 2 | P+2.75% | $108K | Q4 2022 |
| Pennsylvania · Education · $1M – $2M | 7(a) | 2 | P+2.13% | $1.6M | Q4 2022 |
| Alabama · Personal Care (Salons, Spas) · $350K – $500K | 7(a) | 2 | P+1.75% | $372K | Q4 2022 |
| Alabama · Hotels & Accommodation · Under $150K | 7(a) | 2 | P+1.88% | $75K | Q3 2022 |
| Colorado · Building Construction · $2M – $5M | 7(a) | 2 | P+2.88% | $5.0M | Q1 2024 |
| Georgia · Wholesale Trade · $500K – $1M | 7(a) | 2 | P+2.38% | $618K | Q2 2022 |
| Ohio · Other Health Practitioners · $1M – $2M | 7(a) | 2 | P+1.13% | $1.6M | Q3 2023 |
| Florida · Specialty Trade Contractors · $1M – $2M | 7(a) | 2 | P+2.50% | $1.6M | Q2 2022 |
| Florida · Administrative & Waste Services · $150K – $350K | 7(a) | 2 | P+2.88% | $295K | Q3 2024 |
| Florida · Administrative & Waste Services · $1M – $2M | 7(a) | 2 | P+2.88% | $1.5M | Q2 2025 |
| Florida · Personal Care (Salons, Spas) · $1M – $2M | 7(a) | 2 | P+2.63% | $1.1M | Q3 2024 |
| Florida · Personal Care (Salons, Spas) · $500K – $1M | 7(a) | 2 | P+2.38% | $936K | Q2 2025 |
| Virginia · Building Construction · $1M – $2M | 7(a) | 2 | P+2.63% | $1.6M | Q2 2024 |
| Florida · Restaurants & Food Service · $1M – $2M | 7(a) | 2 | P+2.75% | $1.2M | Q2 2023 |
| Arizona · Specialty Trade Contractors · $2M – $5M | 7(a) | 2 | P+0.63% | $2.7M | Q3 2024 |
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