States › Georgia › Spalding County
County36th of 149 in Georgia by approvalsFIPS 13255
SBA loans in Spalding 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 Spalding County, Georgia, received 49 SBA loan approvals worth $50.0M in FY2021 to FY2025 (42 7(a), 7 504).
That is 39.5 approvals per 1,000 business establishments (1,240 establishments in 2023), close to the Georgia figure of 39.2 and close to the national 41.0.
It ranks 36th of 149 Georgia counties with approvals. In FY2025 there were 7.
28 lenders had approvals here; the most active were Embassy National Bank (5), Capital Partners Certified Development Company (4) and Readycap Lending, LLC (4). 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 Spalding County
By number of approvals to businesses in the county, FY2021–FY2025; 28 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Embassy National BankLawrenceville, GA | 5 | $11.4M | 10.2% | |
| 2 | Capital Partners Certified Development CompanyAtlanta, GA · CDC | 4 | $3.8M | 8.2% | |
| 3 | Readycap Lending, LLCBerkeley Heights, NJ | 4 | $3.7M | 8.2% | |
| 4 | Live Oak Banking CompanyWilmington, NC | 4 | $2.9M | 8.2% | |
| 5 | Newtek Bank, National AssociationMiami, FL | 4 | $2.5M | 8.2% | |
| 6 | Renasant BankTupelo, MS | 3 | $2.8M | 6.1% | |
| 7 | Citizens BankElizabethton, TN | 2 | — | 4.1% | |
| 8 | Craft BankAtlanta, GA | 2 | — | 4.1% | |
| 9 | Wells Fargo Bank National AssociationSioux Falls, SD | 2 | — | 4.1% | |
| 10 | Florida Business Development CorporationTampa, FL · CDC | 1 | — | 2.0% | |
| 11 | First Community BankLexington, SC | 1 | — | 2.0% | |
| 12 | PromiseOne BankDuluth, GA | 1 | — | 2.0% | |
| 13 | Planters First BankCordele, GA | 1 | — | 2.0% | |
| 14 | Commonwealth Business BankLos Angeles, CA | 1 | — | 2.0% | |
| 15 | CSRA Local Development CorporationAugusta, GA · CDC | 1 | — | 2.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 7 | 14.3% | |
| 2 | Beer, Wine, and Liquor StoresNAICS 4453 | 6 | 12.2% | |
| 3 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 6.1% | |
| 4 | Building Equipment ContractorsNAICS 2382 | 3 | 6.1% | |
| 5 | Restaurants and Other Eating PlacesNAICS 7225 | 3 | 6.1% | |
| 6 | General Freight TruckingNAICS 4841 | 3 | 6.1% | |
| 7 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 2 | 4.1% | |
| 8 | Warehousing and StorageNAICS 4931 | 2 | 4.1% | |
| 9 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 2 | 4.1% | |
| 10 | Water, Sewage and Other SystemsNAICS 2213 | 1 | 2.0% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 13 | 26.5% | |
| 2 | Accommodation and Food Services | 11 | 22.4% | |
| 3 | Construction | 6 | 12.2% | |
| 4 | Transportation and Warehousing | 6 | 12.2% | |
| 5 | Other Services (except Public Administration) | 4 | 8.2% | |
| 6 | Professional, Scientific, and Technical Services | 3 | 6.1% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 2 | 4.1% | |
| 8 | Utilities | 1 | 2.0% |
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 | $612K | $189K | 1 | — | 4 | 42 |
| FY2025 | 5 | $2.2M | $210K | 2 | — | 7 | 63 |
| FY2024 | 5 | $2.9M | $550K | 1 | — | 6 | 114 |
| FY2023 | 11 | $12.8M | $810K | 1 | — | 12 | 118 |
| FY2022 | 9 | $10.1M | $449K | 0 | — | 9 | 91 |
| FY2021 | 12 | $12.1M | $680K | 3 | $2.8M | 15 | 111 |
| FY2020 | 3 | $4.3M | $1.7M | 0 | — | 3 | 69 |
| FY2019 | 7 | $3.4M | $319K | 2 | — | 9 | 85 |
| FY2018 | 3 | $2.3M | $324K | 0 | — | 3 | 37 |
| FY2017 | 6 | $8.2M | $1.2M | 1 | — | 7 | 105 |
| FY2016 | 5 | $4.0M | $740K | 1 | — | 6 | 53 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 28 approvals.
Against Georgia and the country
| FY2021–FY2025 | Spalding County | Georgia | United States |
|---|---|---|---|
| Approvals | 49 | 10,246 | 342,825 |
| Approvals per 1,000 establishments | 39.5 | 39.2 | 41.0 |
| Median 7(a) approval | $563K | $350K | $190K |
| Median 504 approval | $1.0M | $820K | $657K |
| Average approval | $1.0M | $803K | $573K |
| 504 share of approvals | 14.3% | 10.1% | 11.0% |
| Jobs supported per approval, as reported | 10.1 | 11.4 | 10.5 |
| Share of state approvals | 0.5% | 100.0% | — |
Approval sizes
- $50,000 or less8.2%4
- $50,001 to $150,0006.1%3
- $150,001 to $350,00020.4%10
- $350,001 to $1 million26.5%13
- $1 million to $2 million26.5%13
- Over $2 million12.2%6
Age of the businesses
- Existing, more than 2 years old42.9%21
- New business, 2 years or less26.5%13
- Startup, loan funds will open the business14.3%7
- Change of ownership16.3%8
Questions and answers
Which lenders make the most SBA loans in Spalding County?
By approvals in FY2021 to FY2025: Embassy National Bank (5), Capital Partners Certified Development Company (4), Readycap Lending, LLC (4), Live Oak Banking Company (4), Newtek Bank, National Association (4). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Spalding County?
The median 7(a) approval was $563K and the median 504 approval $1.0M; the Georgia 7(a) median was $350K.
Which industries get the most SBA loans in Spalding County?
Traveler Accommodation (7); Beer, Wine, and Liquor Stores (6); Automotive Repair and Maintenance (3); Building Equipment Contractors (3); Restaurants and Other Eating Places (3).
Is SBA lending in Spalding County rising?
Approvals in the three latest complete fiscal years total 25, against 27 in the three before: broadly level (-7%).
How does Spalding County compare with the rest of Georgia?
39.5 approvals per 1,000 establishments against 39.2 statewide, and 49 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