SBA lender profile
Security Federal Bank
Security Federal Bank appears in the public SBA loan data with 33 funded 7(a) loans totaling $10.1M, an average of $306K per loan, and an estimated 244 jobs supported. Its SBA lending concentrates in South Carolina and the Accommodation and Food Services sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
33
Total volume
$10.1M
Average loan size
$306K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
244
Programs
7(a)
Bank profile
via FDIC- Total assets
- $1.6B
- Headquarters
- Aiken, SC
- FDIC cert
- #31100
- Status
- Active
Where Security Federal Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| South Carolina | 22 | $6.7M |
| Georgia | 11 | $3.4M |
What Security Federal Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 6 | $1.9M |
| Health Care and Social Assistance | 4 | $1.6M |
| Other Services | 4 | $1.4M |
| Transportation and Warehousing | 6 | $1.3M |
| Real Estate | 2 | $594K |
| Management of Companies | 1 | $507K |
Security Federal Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2021 | 1 | $507K |
| 2022 | 3 | $1.0M |
| 2023 | 9 | $2.9M |
| 2024 | 11 | $3.0M |
| 2025 | 8 | $2.3M |
| 2026 | 1 | $342K |
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 Security Federal Bank's funded loans marked charged off across all of its
loans in the data; 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.
Looking for a lender like this?
Compare a few SBA lenders by track record, then get matched with SBA-approved lenders that fund businesses like yours.