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Millennial Bank

LEEDS, AL 35094

30
Loans Approved
$37.7M
Total Volume
$1.3M
Avg Loan Size
7
States Served

States Served

AlabamaFloridaLouisianaNorth CarolinaSouth CarolinaTexasVirginia

Top Industries Financed

  • Other Construction Material Merchant Wholesalers
  • Limited-Service Restaurants
  • Offices of Physicians (except Mental Health Specialists)
  • Children's and Infants' Clothing Stores
  • Offices of Lawyers

Quick Summary

Millennial Bank is an SBA-approved lender headquartered in LEEDS, Alabama. Since 2020, they have approved 30 SBA 7(a) loans totaling $37.7M, with an average loan size of $1.3M. They serve businesses across 7 states.

About Millennial Bank

Millennial Bank is an SBA-approved lender headquartered in LEEDS, Alabama. Since 2020, they have approved 30 SBA 7(a) loans totaling $37.7M, with an average loan size of $1.3M. They serve businesses across 7 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Millennial Bank an SBA Preferred Lender?

Millennial Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has Millennial Bank approved?

According to SBA FOIA public records, Millennial Bank has approved 30 SBA 7(a) loans totaling $37.7M since 2020. Their average loan size is $1.3M.

What states does Millennial Bank serve?

Millennial Bank serves businesses in 7 states: Alabama, Florida, Louisiana, North Carolina, South Carolina, Texas, Virginia.

How do I apply for an SBA loan with Millennial Bank?

To apply for an SBA 7(a) loan with Millennial Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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