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County31st of 149 in Georgia by approvalsFIPS 13103
SBA loans in Effingham County, Georgia
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 58 loans to businesses in Effingham County, Georgia, in FY2021 to FY2025, worth $32.0M: 57 under 7(a) and 1 under 504.
That is 58.8 approvals per 1,000 business establishments (987 establishments in 2023), above the Georgia figure of 39.2 and above the national 41.0.
It ranks 31st of 149 Georgia counties with approvals. In FY2025 there were 11, down 50% on FY2024.
30 lenders had approvals here; the most active were The Huntington National Bank (5), Wells Fargo Bank National Association (5) and JPMorgan Chase Bank, National Association (4). The most common industry was management, scientific, and technical consulting services.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Effingham County
By number of approvals to businesses in the county, FY2021–FY2025; 30 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 5 | $2.5M | 8.6% | |
| 2 | Wells Fargo Bank National AssociationSioux Falls, SD | 5 | $65K | 8.6% | |
| 3 | JPMorgan Chase Bank, National AssociationColumbus, OH | 4 | $867K | 6.9% | |
| 4 | BayFirst National BankSaint Petersburg, FL | 4 | $497K | 6.9% | |
| 5 | Bank of NewingtonNewington, GA | 3 | $1.5M | 5.2% | |
| 6 | United Community BankGreenville, SC | 3 | $1.3M | 5.2% | |
| 7 | SouthState Bank, National AssociationWinter Haven, FL | 3 | $750K | 5.2% | |
| 8 | Readycap Lending, LLCBerkeley Heights, NJ | 3 | $252K | 5.2% | |
| 9 | Newtek Bank, National AssociationMiami, FL | 2 | — | 3.4% | |
| 10 | Colony BankFitzgerald, GA | 2 | — | 3.4% | |
| 11 | Coastal Area District Development Authority, Inc.Brunswick, GA | 2 | — | 3.4% | |
| 12 | Celtic Bank CorporationSalt Lake City, UT | 2 | — | 3.4% | |
| 13 | United Midwest Savings Bank National AssociationDe Graff, OH | 2 | — | 3.4% | |
| 14 | Northeast BankLewiston, ME | 2 | — | 3.4% | |
| 15 | Byline BankChicago, IL | 1 | — | 1.7% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 5 | 8.6% | |
| 2 | Freight Transportation ArrangementNAICS 4885 | 4 | 6.9% | |
| 3 | Services to Buildings and DwellingsNAICS 5617 | 4 | 6.9% | |
| 4 | Other Specialty Trade ContractorsNAICS 2389 | 3 | 5.2% | |
| 5 | Personal Care ServicesNAICS 8121 | 3 | 5.2% | |
| 6 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 5.2% | |
| 7 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 2 | 3.4% | |
| 8 | Child Day Care ServicesNAICS 6244 | 2 | 3.4% | |
| 9 | Building Finishing ContractorsNAICS 2383 | 2 | 3.4% | |
| 10 | Sporting Goods, Hobby, and Musical Instrument RetailersNAICS 4591 | 2 | 3.4% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 9 | 15.5% | |
| 2 | Transportation and Warehousing | 9 | 15.5% | |
| 3 | Administrative and Support and Waste Management and Remediation Services | 8 | 13.8% | |
| 4 | Retail Trade | 7 | 12.1% | |
| 5 | Other Services (except Public Administration) | 7 | 12.1% | |
| 6 | Professional, Scientific, and Technical Services | 6 | 10.3% | |
| 7 | Health Care and Social Assistance | 6 | 10.3% | |
| 8 | Real Estate and Rental and Leasing | 3 | 5.2% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 4 | $1.2M | $230K | 2 | — | 6 | 41 |
| FY2025 | 11 | $4.6M | $305K | 0 | — | 11 | 57 |
| FY2024 | 21 | $10.6M | $185K | 1 | — | 22 | 233 |
| FY2023 | 12 | $6.7M | $150K | 0 | — | 12 | 71 |
| FY2022 | 7 | $4.7M | $344K | 0 | — | 7 | 45 |
| FY2021 | 6 | $4.9M | $250K | 0 | — | 6 | 32 |
| FY2020 | 5 | $1.5M | $194K | 0 | — | 5 | 16 |
| FY2019 | 4 | $963K | $240K | 3 | $1.5M | 7 | 40 |
| FY2018 | 0 | — | — | 0 | — | 0 | 0 |
| FY2017 | 7 | $2.7M | $150K | 1 | — | 8 | 70 |
| FY2016 | 2 | — | — | 0 | — | 2 | 2 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 22 approvals.
Against Georgia and the country
| FY2021–FY2025 | Effingham County | Georgia | United States |
|---|---|---|---|
| Approvals | 58 | 10,246 | 342,825 |
| Approvals per 1,000 establishments | 58.8 | 39.2 | 41.0 |
| Median 7(a) approval | $250K | $350K | $190K |
| Median 504 approval | — | $820K | $657K |
| Average approval | $552K | $803K | $573K |
| 504 share of approvals | 1.7% | 10.1% | 11.0% |
| Jobs supported per approval, as reported | 7.6 | 11.4 | 10.5 |
| Share of state approvals | 0.6% | 100.0% | — |
Approval sizes
- $50,000 or less20.7%12
- $50,001 to $150,00020.7%12
- $150,001 to $350,00027.6%16
- $350,001 to $1 million17.2%10
- $1 million to $2 million5.2%3
- Over $2 million8.6%5
Age of the businesses
- Existing, more than 2 years old48.3%28
- New business, 2 years or less20.7%12
- Startup, loan funds will open the business25.9%15
- Change of ownership5.2%3
Questions and answers
Which lenders make the most SBA loans in Effingham County?
By approvals in FY2021 to FY2025: The Huntington National Bank (5), Wells Fargo Bank National Association (5), JPMorgan Chase Bank, National Association (4), BayFirst National Bank (4), Bank of Newington (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Effingham County?
The median 7(a) approval was $250K; the Georgia 7(a) median was $350K.
Which industries get the most SBA loans in Effingham County?
Management, Scientific, and Technical Consulting Services (5); Freight Transportation Arrangement (4); Services to Buildings and Dwellings (4); Other Specialty Trade Contractors (3); Personal Care Services (3).
Is SBA lending in Effingham County rising?
Approvals in the three latest complete fiscal years total 45, against 18 in the three before: rising (+150%).
How does Effingham County compare with the rest of Georgia?
58.8 approvals per 1,000 establishments against 39.2 statewide, and 58 of the state's 10,246 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error