SBA Loans in Salem, AL

Explore recent SBA 7(a) and 504 lending activity in Salem. See which lenders are active, what industries are getting funded, and how much capital is flowing into local small businesses.

Browse all loans Find lenders in Salem

Total SBA loans

all programs

Approved $

$10.0M

last 24 months

Avg loan

$1.0M

median $245K

Active lenders

approved here

Jobs supported

cumulative

Loan activity map

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SALEM · 10 LOANS

Top lenders in Salem

Pinnacle Bank

PNC Bank, National Association

Florida Business Development Corporation

Renasant Bank

Southern Development Council

SouthState Bank, National Association

Top industries in Salem

New Single-Family Housing Construction (except Operative Builders)

All Other Miscellaneous Electrical Equipment and Component Manufacturing

Automotive Transmission Repair

Full-Service Restaurants

Gasoline Stations with Convenience Stores

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Loan records · Salem, AL

10 records

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Borrower

Location

Program

Industry

Atchley Steel Company, INC Pinnacle Bank

Salem, AL

36874

$5,000,000

$250K

7(a)

Iron and Steel Forging

2023-09-15

Atchley Steel Company, Inc.Florida Business Development Corporation

Salem, AL

36874

$4,131,000

$4.1M

504

Prefabricated Metal Building and Component Manufacturing

2023-07-26

BIB Investments LLC Renasant Bank

Salem, AL

36874

$320,000

$80K

7(a)

Full-Service Restaurants

2016-12-19

THE STORE, LLC Southern Development Council

Salem, AL

36874

$311,000

$35K

504

Gasoline Stations with Convenience Stores

2000-10-05

WISEMART GAS & GROCERY The Huntington National Bank

Salem, AL

36874

$100,000

—

7(a)

—

1996-01-24

Fletcher Baldwin Construction Inc PNC Bank, National Association

Salem, AL

36874

$50,000

$4K

7(a)

New Single-Family Housing Construction (except Operative Builders)

2015-12-04

T J M ENTERPRISES SouthState Bank, National Association

Salem, AL

36874

$50,000

—

7(a)

Automotive Transmission Repair

1995-11-14

ENERGY MANAGEMENT RESOURCES, I Pinnacle Bank

Salem, AL

36874

$50,000

—

7(a)

All Other Miscellaneous Electrical Equipment and Component Manufacturing

1996-10-04

AUTOMOTIVE SERVICE SOLUTIONS LLC Wells Fargo Bank National Association

Salem, AL

36874

$15,000

$15K

7(a)

General Automotive Repair

2015-10-16

Fletcher Baldwin Construction Inc PNC Bank, National Association

Salem, AL

36874

$10,000

$833

7(a)

New Single-Family Housing Construction (except Operative Builders)

2015-12-04

Atchley Steel Company, INC

Salem, AL · 36874

$5,000,000

7(a)

Pinnacle Bank$250K/job · 2023-09-15

Atchley Steel Company, Inc.

Salem, AL · 36874

$4,131,000

504

Florida Business Development Corporation$4.1M/job · 2023-07-26

Renasant Bank$80K/job · 2016-12-19

Southern Development Council$35K/job · 2000-10-05

WISEMART GAS & GROCERY

Salem, AL · 36874

$100,000

7(a)

The Huntington National Bank1996-01-24

Fletcher Baldwin Construction Inc

Salem, AL · 36874

$50,000

7(a)

PNC Bank, National Association$4K/job · 2015-12-04

SouthState Bank, National Association1995-11-14

ENERGY MANAGEMENT RESOURCES, I

Salem, AL · 36874

$50,000

7(a)

Pinnacle Bank1996-10-04

AUTOMOTIVE SERVICE SOLUTIONS LLC

Salem, AL · 36874

$15,000

7(a)

Wells Fargo Bank National Association$15K/job · 2015-10-16

Fletcher Baldwin Construction Inc

Salem, AL · 36874

$10,000

7(a)

PNC Bank, National Association$833/job · 2015-12-04

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