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SBA lender profile

Optus Bank

Optus Bank appears in the public SBA loan data with 86 funded 7(a) loans since FY2010, totaling $14.7M, an average of $171K per loan, and an estimated 509 jobs supported. Its SBA lending concentrates in South Carolina and the Finance and Insurance sector. Across its 7(a) loans, the charge-off rate is 12.8%.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Track record 37
Scale 34
Activity 34
Consistency 39

A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.

Funded loans
86
Since FY2010
Total volume
$14.7M
Average loan size
$171K
7(a) charge-off rate
12.8%
Share of 7(a) loans charged off
Jobs supported (reported)
509
Programs
7(a)

Is Optus Bank the right lender for you?

Lenders fund what they know. Optus Bank's SBA lending concentrates in South Carolina (2 loans) and Finance and Insurance (84 loans), at an average loan of $171K. If your business does not look like that, a different SBA lender is likely the better fit.

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Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.

Bank profile

via FDIC
Total assets
$785M
Headquarters
Columbia, SC
FDIC cert
#35241
Status
Active

Where Optus Bank lends

Top states by funded SBA volume.

StateLoansTotal volume
South Carolina 2 $2.3M
Georgia 8 $1.8M
Ohio 4 $911K
Oregon 5 $893K
Tennessee 5 $839K
Oklahoma 7 $768K

What Optus Bank funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Finance and Insurance 84 $12.2M
Health Care and Social Assistance 1 $2.2M
Transportation and Warehousing 1 $273K

Optus Bank SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
201826$3.3M
201949$7.7M
20209$1.2M
20221$273K
20231$2.2M

Related SBA lenders

Other lenders active in South Carolina or in Finance and Insurance.

Comparing lenders? See how to choose an SBA lender by track record.

Optus Bank: frequently asked questions

Does Optus Bank offer SBA loans?

Yes. Optus Bank appears in the public SBA data with 86 funded SBA 7(a) loans totaling $14.7M.

How many SBA loans has Optus Bank made?

Optus Bank is associated with 86 SBA 7(a) loans totaling $14.7M in the public SBA data (as of 2026-03-31).

What is Optus Bank's SBA charge-off rate?

About 12.8% of Optus Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.

Where does Optus Bank do most of its SBA lending?

Optus Bank's SBA lending in the data is most concentrated in South Carolina, and by industry in Finance and Insurance.

For Optus Bank

This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.

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Sources and disclaimer. All figures are computed from the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31), as described in our methodology. The charge-off rate is the share of Optus Bank's 7(a) loans marked charged off (504 loans do not report charge-off status); it is not a lifetime default rate. SBA Loan Index is not affiliated with the SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
Cite this analysis

Mario Bailey. (2026). Optus Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/optus-bank/

Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.

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