SBA lending by state
SBA Lending in South Carolina
In South Carolina, SBA lenders funded 9,130 7(a) and 504 loans since FY2010, totaling $5.7B, an average of $625K per loan. The most active lender is TD Bank, National Association, and the most-funded industry is Accommodation and Food Services.
By Mario Bailey · Source: SBA FOIA data, FY2010–2026 (as of 2026-03-31)
Top SBA lenders in South Carolina
Ranked by SBA loans funded in South Carolina since FY2010. Each lender's figures, including its 7(a) charge-off rate, cover its South Carolina loans only. Charge-off is reported on 7(a) loans, never on 504 loans, so a lender without a reliable 7(a) sample in South Carolina shows “not reported,” never 0%.
See the full South Carolina ranking : up to 25 lenders, with the 7(a) vs 504 leaders and industry context.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 1,270 | $317.7M | $250K | 6.46% |
| 2 | Wells Fargo Bank National Association | 976 | $200.5M | $205K | 6.66% |
| 3 | Live Oak Banking Company | 353 | $435.7M | $1.2M | 0.57% |
| 4 | Pinnacle Bank | 352 | $355.6M | $1.0M | 4.26% |
| 5 | Truist Bank | 349 | $136.3M | $391K | 4.30% |
| 6 | The Huntington National Bank | 344 | $181.4M | $527K | 0.87% |
| 7 | United Community Bank | 261 | $237.1M | $908K | 3.83% |
| 8 | Provident Business Financial Services, Inc. | 230 | $239.8M | $1.0M | not reported |
| 9 | Business Development Corporation of South Carolina | 212 | $69.9M | $330K | 1.89% |
| 10 | Celtic Bank Corporation | 198 | $75.2M | $380K | 14.65% |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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504 lenders (CDCs) in South Carolina
An SBA 504 project in South Carolina pairs two lenders: a bank or credit union funds roughly half the cost as a first mortgage, and a Certified Development Company (CDC) funds about 40% through an SBA-backed debenture, with the borrower putting down around 10%. Below are the CDCs most active on 504 loans in South Carolina, ranked by 504 loans funded in the state since FY2010. Figures are 504-only; charge-off is reported on 7(a) loans only and does not apply to CDCs.
| CDC | 504 loans | 504 volume |
|---|---|---|
| Provident Business Financial Services, Inc. | 230 | $239.8M |
| Certified Development Corporation of South Carolina | 177 | $139.5M |
| Appalachian Development Corporation | 170 | $151.8M |
| CSRA Local Development Corporation | 51 | $67.3M |
| Catawba Regional Development Corporation | 43 | $32.4M |
| Business Expansion Funding Corporation | 25 | $30.9M |
| Small Business Assistance Corporation | 8 | $3.0M |
| Carolina Business Capital, Inc. | 3 | $5.4M |
| Coastal Area District Development Authority, Inc. | 3 | $3.2M |
| Independent Development Services Corporation | 2 | $4.0M |
Showing the 10 CDCs most active on 504 loans in South Carolina; the full directory lists every CDC.
All Certified Development Companies · Current 504 loan rates · How 504 loans work
Top industries funded in South Carolina
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 1,610 | $1.7B |
| Retail Trade | 1,183 | $633.6M |
| Health Care and Social Assistance | 887 | $553.7M |
| Manufacturing | 562 | $469.4M |
| Other Services | 917 | $428.5M |
| Construction | 897 | $329.1M |
| Professional and Technical Services | 684 | $307.5M |
| Arts, Entertainment, Recreation | 348 | $262.3M |
Top cities for SBA loans in South Carolina
Where SBA 7(a) and 504 borrowers in South Carolina are located, by funded volume.
| City | Loans | Total volume |
|---|---|---|
| Greenville | 838 | $495.9M |
| Columbia | 620 | $422.7M |
| Charleston | 557 | $318.6M |
| Myrtle Beach | 382 | $268.2M |
| North Charleston | 273 | $214.8M |
| Fort Mill | 325 | $196.9M |
| Rock Hill | 230 | $163.9M |
| Spartanburg | 218 | $161.8M |
SBA lending by metro area in South Carolina
Which lenders fund each South Carolina market, with local loan sizes and industries.
- SBA lenders in Charlotte, NC 6,631 loans
- SBA lenders in Greenville, SC 2,102 loans
- SBA lenders in Charleston, SC 1,828 loans
- SBA lenders in Columbia, SC 1,431 loans
- SBA lenders in Augusta-Richmond County, GA 946 loans
- SBA lenders in Myrtle Beach, SC 633 loans
- SBA lenders in Hilton Head Island, SC 612 loans
- SBA lenders in Spartanburg, SC 483 loans
- SBA lenders in Florence, SC 191 loans
- SBA lenders in Orangeburg, SC 92 loans
- SBA lenders in Sumter, SC 85 loans
- SBA lenders in Seneca, SC 113 loans
- SBA lenders in Gaffney, SC 47 loans
- SBA lenders in Greenwood, SC 83 loans
- SBA lenders in Murrells Inlet, SC 80 loans
- SBA lenders in Newberry, SC 65 loans
SBA lending in South Carolina by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 358 | $115.0M |
| 2011 | 360 | $199.7M |
| 2012 | 354 | $222.0M |
| 2013 | 359 | $235.2M |
| 2014 | 385 | $227.7M |
| 2015 | 489 | $298.4M |
| 2016 | 519 | $275.3M |
| 2017 | 551 | $389.0M |
| 2018 | 604 | $346.1M |
| 2019 | 593 | $345.3M |
| 2020 | 457 | $327.7M |
| 2021 | 635 | $619.3M |
| 2022 | 622 | $424.6M |
| 2023 | 708 | $405.9M |
| 2024 | 842 | $490.0M |
| 2025 | 969 | $577.2M |
| 2026 | 325 | $207.9M |
SBA lending in South Carolina: frequently asked questions
How much SBA lending is there in South Carolina?
SBA lenders funded 9,130 7(a) and 504 loans totaling $5.7B in South Carolina in the public SBA data (as of 2026-03-31), an average of $625K per loan.
Who is the most active SBA lender in South Carolina?
TD Bank, National Association is the most active SBA lender in South Carolina in the public data, by loans funded.
What industries get the most SBA loans in South Carolina?
The most-funded industry for SBA loans in South Carolina is Accommodation and Food Services.
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