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County10th of 149 in Georgia by approvalsFIPS 13113
SBA loans in Fayette 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.
Businesses in Fayette County, Georgia, received 194 SBA loan approvals worth $143M in FY2021 to FY2025 (179 7(a), 15 504).
That is 48.6 approvals per 1,000 business establishments (3,995 establishments in 2023), above the Georgia figure of 39.2 and above the national 41.0.
It ranks 10th of 149 Georgia counties with approvals. In FY2025 there were 47, about level with FY2024.
65 lenders had approvals here; the most active were The Huntington National Bank (23), Newtek Bank, National Association (13) and BayFirst National Bank (12). The most common industry was restaurants and other eating places.
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 Fayette County
By number of approvals to businesses in the county, FY2021–FY2025; 65 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 23 | $8.3M | 11.9% | |
| 2 | Newtek Bank, National AssociationMiami, FL | 13 | $2.2M | 6.7% | |
| 3 | BayFirst National BankSaint Petersburg, FL | 12 | $2.1M | 6.2% | |
| 4 | Readycap Lending, LLCBerkeley Heights, NJ | 11 | $4.6M | 5.7% | |
| 5 | Renasant BankTupelo, MS | 10 | $11.0M | 5.2% | |
| 6 | Florida Business Development CorporationTampa, FL · CDC | 8 | $14.4M | 4.1% | |
| 7 | Northeast BankLewiston, ME | 8 | $1.1M | 4.1% | |
| 8 | Metro City BankDoraville, GA | 6 | $14.7M | 3.1% | |
| 9 | Pinnacle BankNashville, TN | 6 | $13.1M | 3.1% | |
| 10 | Live Oak Banking CompanyWilmington, NC | 6 | $10.9M | 3.1% | |
| 11 | United Midwest Savings Bank National AssociationDe Graff, OH | 6 | $1.9M | 3.1% | |
| 12 | Wells Fargo Bank National AssociationSioux Falls, SD | 6 | $1.4M | 3.1% | |
| 13 | Citizens BankElizabethton, TN | 4 | $2.3M | 2.1% | |
| 14 | Celtic Bank CorporationSalt Lake City, UT | 4 | $1.5M | 2.1% | |
| 15 | Regions BankBirmingham, AL | 4 | $1.1M | 2.1% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 22 | 11.3% | |
| 2 | Offices of Other Health PractitionersNAICS 6213 | 10 | 5.2% | |
| 3 | Child Day Care ServicesNAICS 6244 | 8 | 4.1% | |
| 4 | Personal Care ServicesNAICS 8121 | 7 | 3.6% | |
| 5 | Other Specialty Trade ContractorsNAICS 2389 | 7 | 3.6% | |
| 6 | Services to Buildings and DwellingsNAICS 5617 | 7 | 3.6% | |
| 7 | Residential Building ConstructionNAICS 2361 | 7 | 3.6% | |
| 8 | Automotive Repair and MaintenanceNAICS 8111 | 6 | 3.1% | |
| 9 | Building Equipment ContractorsNAICS 2382 | 6 | 3.1% | |
| 10 | Beer, Wine, and Liquor StoresNAICS 4453 | 5 | 2.6% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 35 | 18.0% | |
| 2 | Construction | 27 | 13.9% | |
| 3 | Retail Trade | 24 | 12.4% | |
| 4 | Accommodation and Food Services | 24 | 12.4% | |
| 5 | Other Services (except Public Administration) | 20 | 10.3% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 14 | 7.2% | |
| 7 | Professional, Scientific, and Technical Services | 13 | 6.7% | |
| 8 | Manufacturing | 12 | 6.2% |
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* | 17 | $16.6M | $175K | 1 | — | 18 | 183 |
| FY2025 | 45 | $25.0M | $278K | 2 | — | 47 | 648 |
| FY2024 | 38 | $15.7M | $175K | 8 | $16.1M | 46 | 655 |
| FY2023 | 35 | $21.2M | $342K | 2 | — | 37 | 860 |
| FY2022 | 29 | $19.1M | $300K | 1 | — | 30 | 279 |
| FY2021 | 32 | $35.1M | $675K | 2 | — | 34 | 870 |
| FY2020 | 30 | $31.4M | $685K | 5 | $3.3M | 35 | 561 |
| FY2019 | 30 | $18.8M | $273K | 4 | $6.2M | 34 | 394 |
| FY2018 | 26 | $26.9M | $385K | 3 | $2.6M | 29 | 428 |
| FY2017 | 23 | $16.9M | $480K | 0 | — | 23 | 299 |
| FY2016 | 24 | $25.4M | $313K | 3 | $8.5M | 27 | 453 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 148 approvals.
Against Georgia and the country
| FY2021–FY2025 | Fayette County | Georgia | United States |
|---|---|---|---|
| Approvals | 194 | 10,246 | 342,825 |
| Approvals per 1,000 establishments | 48.6 | 39.2 | 41.0 |
| Median 7(a) approval | $320K | $350K | $190K |
| Median 504 approval | $1.4M | $820K | $657K |
| Average approval | $736K | $803K | $573K |
| 504 share of approvals | 7.7% | 10.1% | 11.0% |
| Jobs supported per approval, as reported | 17.1 | 11.4 | 10.5 |
| Share of state approvals | 1.9% | 100.0% | — |
Approval sizes
- $50,000 or less11.9%23
- $50,001 to $150,00020.6%40
- $150,001 to $350,00019.6%38
- $350,001 to $1 million27.8%54
- $1 million to $2 million10.8%21
- Over $2 million9.3%18
Age of the businesses
- Existing, more than 2 years old50.5%98
- New business, 2 years or less10.3%20
- Startup, loan funds will open the business28.9%56
- Change of ownership10.3%20
Questions and answers
Which lenders make the most SBA loans in Fayette County?
By approvals in FY2021 to FY2025: The Huntington National Bank (23), Newtek Bank, National Association (13), BayFirst National Bank (12), Readycap Lending, LLC (11), Renasant Bank (10). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Fayette County?
The median 7(a) approval was $320K and the median 504 approval $1.4M; the Georgia 7(a) median was $350K.
Which industries get the most SBA loans in Fayette County?
Restaurants and Other Eating Places (22); Offices of Other Health Practitioners (10); Child Day Care Services (8); Personal Care Services (7); Other Specialty Trade Contractors (7).
Is SBA lending in Fayette County rising?
Approvals in the three latest complete fiscal years total 130, against 99 in the three before: rising (+31%).
How does Fayette County compare with the rest of Georgia?
48.6 approvals per 1,000 establishments against 39.2 statewide, and 194 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