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County29th of 149 in Georgia by approvalsFIPS 13217
SBA loans in Newton 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 62 loans to businesses in Newton County, Georgia, in FY2021 to FY2025, worth $60.6M: 48 under 7(a) and 14 under 504.
That is 37.8 approvals per 1,000 business establishments (1,639 establishments in 2023), close to the Georgia figure of 39.2 and close to the national 41.0.
It ranks 29th of 149 Georgia counties with approvals. In FY2025 there were 18, up 20% on FY2024.
34 lenders had approvals here; the most active were Wells Fargo Bank National Association (7), CSRA Local Development Corporation (6) and Northeast Bank (6). 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 Newton County
By number of approvals to businesses in the county, FY2021–FY2025; 34 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National AssociationSioux Falls, SD | 7 | $118K | 11.3% | |
| 2 | CSRA Local Development CorporationAugusta, GA · CDC | 6 | $11.0M | 9.7% | |
| 3 | Northeast BankLewiston, ME | 6 | $1.5M | 9.7% | |
| 4 | The Huntington National BankColumbus, OH | 4 | $1.3M | 6.5% | |
| 5 | Capital Partners Certified Development CompanyAtlanta, GA · CDC | 3 | $6.1M | 4.8% | |
| 6 | BayFirst National BankSaint Petersburg, FL | 3 | $304K | 4.8% | |
| 7 | Metro City BankDoraville, GA | 2 | — | 3.2% | |
| 8 | HomeTrust BankAsheville, NC | 2 | — | 3.2% | |
| 9 | Florida Business Development CorporationTampa, FL · CDC | 2 | — | 3.2% | |
| 10 | SouthState Bank, National AssociationWinter Haven, FL | 2 | — | 3.2% | |
| 11 | Newtek Bank, National AssociationMiami, FL | 2 | — | 3.2% | |
| 12 | Florida First Capital Finance Corporation, Inc.Tallahassee, FL · CDC | 1 | — | 1.6% | |
| 13 | Bank Five NineOconomowoc, WI | 1 | — | 1.6% | |
| 14 | Commonwealth Business BankLos Angeles, CA | 1 | — | 1.6% | |
| 15 | Vallant BankElberton, GA | 1 | — | 1.6% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 9 | 14.5% | |
| 2 | Child Day Care ServicesNAICS 6244 | 4 | 6.5% | |
| 3 | Traveler AccommodationNAICS 7211 | 3 | 4.8% | |
| 4 | Lessors of Real EstateNAICS 5311 | 3 | 4.8% | |
| 5 | Residential Building ConstructionNAICS 2361 | 3 | 4.8% | |
| 6 | General Freight TruckingNAICS 4841 | 3 | 4.8% | |
| 7 | Other Personal ServicesNAICS 8129 | 3 | 4.8% | |
| 8 | Hardware, and Plumbing and Heating Equipment and Supplies Merchant WholesalersNAICS 4237 | 2 | 3.2% | |
| 9 | Building Equipment ContractorsNAICS 2382 | 2 | 3.2% | |
| 10 | Gasoline StationsNAICS 4571 | 2 | 3.2% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 13 | 21.0% | |
| 2 | Health Care and Social Assistance | 7 | 11.3% | |
| 3 | Other Services (except Public Administration) | 7 | 11.3% | |
| 4 | Construction | 6 | 9.7% | |
| 5 | Transportation and Warehousing | 6 | 9.7% | |
| 6 | Wholesale Trade | 5 | 8.1% | |
| 7 | Retail Trade | 4 | 6.5% | |
| 8 | Real Estate and Rental and Leasing | 3 | 4.8% |
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* | 3 | $5.6M | $2.1M | 0 | — | 3 | 19 |
| FY2025 | 13 | $5.1M | $323K | 5 | $5.1M | 18 | 167 |
| FY2024 | 11 | $6.8M | $150K | 4 | $4.4M | 15 | 59 |
| FY2023 | 9 | $8.1M | $331K | 2 | — | 11 | 106 |
| FY2022 | 8 | $9.5M | $554K | 0 | — | 8 | 93 |
| FY2021 | 7 | $5.4M | $476K | 3 | $7.2M | 10 | 196 |
| FY2020 | 12 | $10.5M | $459K | 1 | — | 13 | 85 |
| FY2019 | 12 | $11.9M | $471K | 4 | $5.8M | 16 | 128 |
| FY2018 | 10 | $2.0M | $88K | 1 | — | 11 | 47 |
| FY2017 | 9 | $3.4M | $127K | 4 | $1.5M | 13 | 59 |
| FY2016 | 10 | $2.5M | $10K | 1 | — | 11 | 40 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 64 approvals.
Against Georgia and the country
| FY2021–FY2025 | Newton County | Georgia | United States |
|---|---|---|---|
| Approvals | 62 | 10,246 | 342,825 |
| Approvals per 1,000 establishments | 37.8 | 39.2 | 41.0 |
| Median 7(a) approval | $323K | $350K | $190K |
| Median 504 approval | $1.2M | $820K | $657K |
| Average approval | $978K | $803K | $573K |
| 504 share of approvals | 22.6% | 10.1% | 11.0% |
| Jobs supported per approval, as reported | 10.0 | 11.4 | 10.5 |
| Share of state approvals | 0.6% | 100.0% | — |
Approval sizes
- $50,000 or less14.5%9
- $50,001 to $150,00014.5%9
- $150,001 to $350,00021.0%13
- $350,001 to $1 million14.5%9
- $1 million to $2 million21.0%13
- Over $2 million14.5%9
Age of the businesses
- Existing, more than 2 years old61.3%38
- New business, 2 years or less21.0%13
- Startup, loan funds will open the business14.5%9
- Change of ownership3.2%2
Questions and answers
Which lenders make the most SBA loans in Newton County?
By approvals in FY2021 to FY2025: Wells Fargo Bank National Association (7), CSRA Local Development Corporation (6), Northeast Bank (6), The Huntington National Bank (4), Capital Partners Certified Development Company (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Newton County?
The median 7(a) approval was $323K and the median 504 approval $1.2M; the Georgia 7(a) median was $350K.
Which industries get the most SBA loans in Newton County?
Restaurants and Other Eating Places (9); Child Day Care Services (4); Traveler Accommodation (3); Lessors of Real Estate (3); Residential Building Construction (3).
Is SBA lending in Newton County rising?
Approvals in the three latest complete fiscal years total 44, against 31 in the three before: rising (+42%).
How does Newton County compare with the rest of Georgia?
37.8 approvals per 1,000 establishments against 39.2 statewide, and 62 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