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County42nd of 149 in Georgia by approvalsFIPS 13187
SBA loans in Lumpkin 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 Lumpkin County, Georgia, received 34 SBA loan approvals worth $28.2M in FY2021 to FY2025 (31 7(a), 3 504).
That is 56.4 approvals per 1,000 business establishments (603 establishments in 2023), above the Georgia figure of 39.2 and above the national 41.0.
It ranks 42nd of 149 Georgia counties with approvals. In FY2025 there were 9.
27 lenders had approvals here; the most active were Loyal Trust Bank (3), Paragon Bank (2) and Live Oak Banking Company (2). The most common industry was traveler accommodation.
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 Lumpkin County
By number of approvals to businesses in the county, FY2021–FY2025; 27 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Loyal Trust BankJohns Creek, GA | 3 | $4.3M | 8.8% | |
| 2 | Paragon BankMemphis, TN | 2 | — | 5.9% | |
| 3 | Live Oak Banking CompanyWilmington, NC | 2 | — | 5.9% | |
| 4 | Newtek Bank, National AssociationMiami, FL | 2 | — | 5.9% | |
| 5 | The Huntington National BankColumbus, OH | 2 | — | 5.9% | |
| 6 | Bank OZKLittle Rock, AR | 2 | — | 5.9% | |
| 7 | United BankFairfax, VA | 1 | — | 2.9% | |
| 8 | Centerstone SBA Lending, Inc.Los Angeles, CA | 1 | — | 2.9% | |
| 9 | Wallis BankWallis, TX | 1 | — | 2.9% | |
| 10 | Banc of CaliforniaLos Angeles, CA | 1 | — | 2.9% | |
| 11 | Vallant BankElberton, GA | 1 | — | 2.9% | |
| 12 | First Horizon BankMemphis, TN | 1 | — | 2.9% | |
| 13 | Citizens BankElizabethton, TN | 1 | — | 2.9% | |
| 14 | United Community BankGreenville, SC | 1 | — | 2.9% | |
| 15 | Georgia's Own Credit UnionAtlanta, GA | 1 | — | 2.9% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 4 | 11.8% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 4 | 11.8% | |
| 3 | Poultry and Egg ProductionNAICS 1123 | 2 | 5.9% | |
| 4 | Beverage ManufacturingNAICS 3121 | 2 | 5.9% | |
| 5 | Advertising, Public Relations, and Related ServicesNAICS 5418 | 2 | 5.9% | |
| 6 | Gasoline StationsNAICS 4571 | 2 | 5.9% | |
| 7 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 2 | 5.9% | |
| 8 | Computer Systems Design and Related ServicesNAICS 5415 | 2 | 5.9% | |
| 9 | Nursing Care Facilities (Skilled Nursing Facilities)NAICS 6231 | 1 | 2.9% | |
| 10 | Child Day Care ServicesNAICS 6244 | 1 | 2.9% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 8 | 23.5% | |
| 2 | Health Care and Social Assistance | 5 | 14.7% | |
| 3 | Manufacturing | 4 | 11.8% | |
| 4 | Retail Trade | 4 | 11.8% | |
| 5 | Professional, Scientific, and Technical Services | 4 | 11.8% | |
| 6 | Agriculture, Forestry, Fishing and Hunting | 3 | 8.8% | |
| 7 | Other Services (except Public Administration) | 2 | 5.9% | |
| 8 | Construction | 2 | 5.9% |
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* | 1 | — | — | 0 | — | 1 | 8 |
| FY2025 | 9 | $5.0M | $447K | 0 | — | 9 | 92 |
| FY2024 | 4 | $5.7M | $1.4M | 0 | — | 4 | 175 |
| FY2023 | 6 | $3.5M | $275K | 1 | — | 7 | 58 |
| FY2022 | 9 | $7.7M | $486K | 2 | — | 11 | 62 |
| FY2021 | 3 | $5.1M | $1.1M | 0 | — | 3 | 18 |
| FY2020 | 2 | — | — | 1 | — | 3 | 7 |
| FY2019 | 2 | — | — | 0 | — | 2 | 32 |
| FY2018 | 4 | $5.2M | $425K | 1 | — | 5 | 71 |
| FY2017 | 7 | $3.0M | $141K | 1 | — | 8 | 42 |
| FY2016 | 2 | — | — | 0 | — | 2 | 9 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 20 approvals.
Against Georgia and the country
| FY2021–FY2025 | Lumpkin County | Georgia | United States |
|---|---|---|---|
| Approvals | 34 | 10,246 | 342,825 |
| Approvals per 1,000 establishments | 56.4 | 39.2 | 41.0 |
| Median 7(a) approval | $486K | $350K | $190K |
| Median 504 approval | $352K | $820K | $657K |
| Average approval | $831K | $803K | $573K |
| 504 share of approvals | 8.8% | 10.1% | 11.0% |
| Jobs supported per approval, as reported | 11.9 | 11.4 | 10.5 |
| Share of state approvals | 0.3% | 100.0% | — |
Approval sizes
- $50,000 or less5.9%2
- $50,001 to $150,0008.8%3
- $150,001 to $350,00023.5%8
- $350,001 to $1 million29.4%10
- $1 million to $2 million23.5%8
- Over $2 million8.8%3
Age of the businesses
- Existing, more than 2 years old44.1%15
- New business, 2 years or less17.6%6
- Startup, loan funds will open the business23.5%8
- Change of ownership14.7%5
Questions and answers
Which lenders make the most SBA loans in Lumpkin County?
By approvals in FY2021 to FY2025: Loyal Trust Bank (3), Paragon Bank (2), Live Oak Banking Company (2), Newtek Bank, National Association (2), The Huntington National Bank (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Lumpkin County?
The median 7(a) approval was $486K and the median 504 approval $352K; the Georgia 7(a) median was $350K.
Which industries get the most SBA loans in Lumpkin County?
Traveler Accommodation (4); Restaurants and Other Eating Places (4); Poultry and Egg Production (2); Beverage Manufacturing (2); Advertising, Public Relations, and Related Services (2).
Is SBA lending in Lumpkin County rising?
Approvals in the three latest complete fiscal years total 20, against 17 in the three before: rising (+18%).
How does Lumpkin County compare with the rest of Georgia?
56.4 approvals per 1,000 establishments against 39.2 statewide, and 34 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