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Peoples Bank of Alabama

CULLMAN, AL 35055

29
Loans Approved
$11.8M
Total Volume
$407K
Avg Loan Size
2
States Served

States Served

AlabamaGeorgia

Top Industries Financed

  • Other Business Service Centers (including Copy Shops)
  • Landscaping Services
  • Supermarkets and Other Grocery (except Convenience) Stores
  • Exterminating and Pest Control Services
  • Fitness and Recreational Sports Centers

Quick Summary

Peoples Bank of Alabama is an SBA-approved lender headquartered in CULLMAN, Alabama. Since 2020, they have approved 29 SBA 7(a) loans totaling $11.8M, with an average loan size of $407K. They serve businesses across 2 states.

About Peoples Bank of Alabama

Peoples Bank of Alabama is an SBA-approved lender headquartered in CULLMAN, Alabama. Since 2020, they have approved 29 SBA 7(a) loans totaling $11.8M, with an average loan size of $407K. They serve businesses across 2 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Peoples Bank of Alabama an SBA Preferred Lender?

Peoples Bank of Alabama 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 Peoples Bank of Alabama approved?

According to SBA FOIA public records, Peoples Bank of Alabama has approved 29 SBA 7(a) loans totaling $11.8M since 2020. Their average loan size is $407K.

What states does Peoples Bank of Alabama serve?

Peoples Bank of Alabama serves businesses in 2 states: Alabama, Georgia.

How do I apply for an SBA loan with Peoples Bank of Alabama?

To apply for an SBA 7(a) loan with Peoples Bank of Alabama, 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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