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22nd State Bank is a community-focused financial institution serving Lower Alabama for over a century. The bank provides personalized banking solutions including consumer banking, business banking, and wealth management services. Originally founded as Farmers Exchange Bank in 1917, the institution was rebranded to 22nd State Bank in 2018 and operates with 7 branches throughout Alabama.
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SBA 7(a) Acquisition Loan Data As Of December 31, 2025
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of December 31, 2025
Median
$1.0M
Average
$1.4M
Sweet Spot
$500K-$1M
Industries with highest loan volume
Residential Remodelers
6
loans
$1.5M
avg. amount
Residential Remodelers
Loans
6
Avg. Amount
$1.5M
Limited-Service Restaurants
4
loans
$801K
avg. amount
Limited-Service Restaurants
Loans
4
Avg. Amount
$801K
All Other Specialty Trade Contractors
4
loans
$1.2M
avg. amount
All Other Specialty Trade Contractors
Loans
4
Avg. Amount
$1.2M
Plumbing, Heating, and Air-Conditioning Contractors
3
loans
$2.0M
avg. amount
Plumbing, Heating, and Air-Conditioning Contractors
Loans
3
Avg. Amount
$2.0M
Landscaping Services
3
loans
$1.5M
avg. amount
Landscaping Services
Loans
3
Avg. Amount
$1.5M
Janitorial Services
3
loans
$1.3M
avg. amount
Janitorial Services
Loans
3
Avg. Amount
$1.3M
Electrical Contractors and Other Wiring Installation Contractors
2
loans
$3.1M
avg. amount
Electrical Contractors and Other Wiring Installation Contractors
Loans
2
Avg. Amount
$3.1M
Interior Design Services
2
loans
$384K
avg. amount
Interior Design Services
Loans
2
Avg. Amount
$384K
Beauty Salons
2
loans
$652K
avg. amount
Beauty Salons
Loans
2
Avg. Amount
$652K
Full-Service Restaurants
2
loans
$1.7M
avg. amount
Full-Service Restaurants
Loans
2
Avg. Amount
$1.7M
10-Year Default Rate
0.0%
Percentile Ranking
0th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.94% |
| $500K-$1M | Prime + 2.68% |
| $1M-$2M | Prime + 2.66% |
| $2M-$3M | Prime + 2.54% |
| $3M-$4M | Prime + 2.58% |
| $4M-$5M | Prime + 2.69% |
As Of December 31, 2025 - States by loan volume (darker blue = higher volume)