SBA lending by metro area
SBA lenders in Myrtle Beach, SC
Which lenders fund Myrtle Beach-area businesses, how much, and how the market compares with South Carolina: SBA 7(a) and 504 loans, FY2010–2026.
By Mario Bailey · SBA FOIA data as of 2026-03-31
Top SBA lenders in the Myrtle Beach area
Ranked by SBA volume funded to businesses located in the Myrtle Beach metropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | Provident Business Financial Services, Inc. | 21 | $30.0M | $1.4M | not reported |
| 2 | Live Oak Banking Company | 23 | $25.8M | $1.1M | 0.00% |
| 3 | United Community Bank | 23 | $25.6M | $1.1M | 0.00% |
| 4 | TD Bank, National Association | 106 | $25.3M | $238K | 4.72% |
| 5 | Pinnacle Bank | 25 | $24.6M | $983K | 4.00% |
| 6 | The Huntington National Bank | 28 | $22.7M | $812K | 0.00% |
| 7 | South Atlantic Bank | 9 | $20.5M | $2.3M | not reported |
| 8 | Wells Fargo Bank National Association | 56 | $16.9M | $301K | 8.93% |
| 9 | The Citizens Bank | 11 | $16.0M | $1.5M | not reported |
| 10 | SouthState Bank, National Association | 18 | $15.3M | $852K | not reported |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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How Myrtle Beach compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Myrtle Beach area | $280K ▲ 5.7% | 6.3% ▼ 1.6 pts |
| South Carolina | $265K | 7.9% |
| United States | $179K | 11.2% |
What gets funded in Myrtle Beach
| Industry | Loans | Total funded |
|---|---|---|
| Accommodation and Food Services | 140 | $169.6M |
| Arts, Entertainment, Recreation | 45 | $44.5M |
| Health Care and Social Assistance | 66 | $43.7M |
| Retail Trade | 79 | $39.7M |
| Other Services | 70 | $30.0M |
| Manufacturing | 23 | $20.3M |
| Professional and Technical Services | 35 | $20.2M |
| Construction | 65 | $19.8M |
SBA lending in Myrtle Beach by year
Geography, precisely
"Myrtle Beach area" here means the Myrtle Beach-Conway-North Myrtle Beach, SC metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Horry County, SC. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.