Peoples Bank of Alabama: SBA loans in this registry
4companies
4loans
$9.6Mtotal approved
$2.4Maverage loan
About this lender
- Type
- Bank
- Headquarters
- Cullman, AL
- FDIC certificate number
- 22537
- Total assets
- $1.4 billion (as of June 30, 2026)
- Established
- 1977
- Offices
- 28
- Website
- www.peoplesbankal.com
- Acquisition loans (7(a))
- 1 loan, $659K total, $659K average
- Expansion loans (504, SBA portion)
- 3 loans, $9.0M total, $3.0M average
- Approval dates
- Dec 5, 2023 to Mar 19, 2026
- Typical term (median)
- acquisition loans: 20 years; expansion loans: 25 years
- Initial interest rate (7(a))
- 8.75% to 8.75%, median 8.75%
- Rate type (7(a))
- 100% variable, 0% fixed
Top industries
- Hotels (except Casino Hotels) and Motels: 2 loans
- Apiculture: 1 loan
- General Automotive Repair: 1 loan
Top states
- Alabama: 4 loans
Largest deals
- Holiday Inn Express Space Center, Huntsville, AL: $5,000,000 (504 SBA portion, Mar 19, 2026)
- Vrunda, LLC, Tuscumbia, AL: $2,319,000 (504 SBA portion, Mar 27, 2025)
- Foxhound Bee Company LLC, Irondale, AL: $1,645,000 (504 SBA portion, Dec 17, 2024)
- Tony Hammock Inc., Cullman, AL: $659,100 (7(a) acquisition, Dec 5, 2023)
Lender details come from the SBA loan files and the FDIC BankFind service. Counts cover loans on this site only.
Companies
Use search to find others.
| Company | Location | Industry | Type | Latest approval | Approved |
|---|---|---|---|---|---|
| Holiday Inn Express Space Center | Huntsville, AL | Hotels (except Casino Hotels) and Motels | Expansion | Mar 19, 2026 | $5.0M |
| Vrunda, LLC | Tuscumbia, AL | Hotels (except Casino Hotels) and Motels | Expansion | Mar 27, 2025 | $2.3M |
| Foxhound Bee Company LLC | Irondale, AL | Apiculture | Expansion | Dec 17, 2024 | $1.6M |
| Tony Hammock Inc. | Cullman, AL | General Automotive Repair | Acquisition | Dec 5, 2023 | $659K |