States › Georgia › Troup County
County32nd of 149 in Georgia by approvalsFIPS 13285
SBA loans in Troup 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 Troup County, Georgia, received 57 SBA loan approvals worth $40.6M in FY2021 to FY2025 (49 7(a), 8 504).
That is 36.1 approvals per 1,000 business establishments (1,580 establishments in 2023), close to the Georgia figure of 39.2 and close to the national 41.0.
It ranks 32nd of 149 Georgia counties with approvals. In FY2025 there were 14, about level with FY2024.
28 lenders had approvals here; the most active were Metro City Bank (8), Northeast Bank (5) and Florida First Capital Finance Corporation, Inc. (4). 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 Troup County
By number of approvals to businesses in the county, FY2021–FY2025; 28 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Metro City BankDoraville, GA | 8 | $8.7M | 14.0% | |
| 2 | Northeast BankLewiston, ME | 5 | $635K | 8.8% | |
| 3 | Florida First Capital Finance Corporation, Inc.Tallahassee, FL · CDC | 4 | $1.2M | 7.0% | |
| 4 | Colony BankFitzgerald, GA | 3 | $2.8M | 5.3% | |
| 5 | Pinnacle BankNashville, TN | 3 | $2.6M | 5.3% | |
| 6 | United Midwest Savings Bank National AssociationDe Graff, OH | 3 | $1.4M | 5.3% | |
| 7 | Wells Fargo Bank National AssociationSioux Falls, SD | 3 | $232K | 5.3% | |
| 8 | HomeTrust BankAsheville, NC | 2 | — | 3.5% | |
| 9 | The Huntington National BankColumbus, OH | 2 | — | 3.5% | |
| 10 | Readycap Lending, LLCBerkeley Heights, NJ | 2 | — | 3.5% | |
| 11 | Celtic Bank CorporationSalt Lake City, UT | 2 | — | 3.5% | |
| 12 | Lendistry SBLC, LLCLos Angeles, CA | 2 | — | 3.5% | |
| 13 | PNC Bank, National AssociationWilmington, DE | 2 | — | 3.5% | |
| 14 | Florida Business Development CorporationTampa, FL · CDC | 2 | — | 3.5% | |
| 15 | FDIC - Community Bank & Trust-West GeorgiaLagrange, GA | 1 | — | 1.8% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 10 | 17.5% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 5 | 8.8% | |
| 3 | Beverage ManufacturingNAICS 3121 | 4 | 7.0% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 4 | 7.0% | |
| 5 | Building Equipment ContractorsNAICS 2382 | 3 | 5.3% | |
| 6 | Beer, Wine, and Liquor StoresNAICS 4453 | 2 | 3.5% | |
| 7 | Gasoline StationsNAICS 4571 | 2 | 3.5% | |
| 8 | Architectural, Engineering, and Related ServicesNAICS 5413 | 2 | 3.5% | |
| 9 | Business Support ServicesNAICS 5614 | 2 | 3.5% | |
| 10 | Offices of Real Estate Agents and BrokersNAICS 5312 | 2 | 3.5% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 12 | 21.1% | |
| 2 | Administrative and Support and Waste Management and Remediation Services | 8 | 14.0% | |
| 3 | Retail Trade | 7 | 12.3% | |
| 4 | Manufacturing | 7 | 12.3% | |
| 5 | Construction | 6 | 10.5% | |
| 6 | Other Services (except Public Administration) | 4 | 7.0% | |
| 7 | Real Estate and Rental and Leasing | 4 | 7.0% | |
| 8 | Health Care and Social Assistance | 3 | 5.3% |
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* | 10 | $7.0M | $392K | 0 | — | 10 | 325 |
| FY2025 | 14 | $12.6M | $358K | 0 | — | 14 | 201 |
| FY2024 | 14 | $8.7M | $463K | 1 | — | 15 | 134 |
| FY2023 | 3 | $4.7M | $250K | 2 | — | 5 | 53 |
| FY2022 | 4 | $3.2M | $806K | 2 | — | 6 | 35 |
| FY2021 | 14 | $9.1M | $615K | 3 | $309K | 17 | 202 |
| FY2020 | 3 | $1.2M | $75K | 0 | — | 3 | 51 |
| FY2019 | 6 | $7.7M | $981K | 0 | — | 6 | 67 |
| FY2018 | 8 | $4.2M | $269K | 1 | — | 9 | 93 |
| FY2017 | 8 | $3.9M | $390K | 1 | — | 9 | 92 |
| FY2016 | 6 | $4.8M | $547K | 0 | — | 6 | 48 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 33 approvals.
Against Georgia and the country
| FY2021–FY2025 | Troup County | Georgia | United States |
|---|---|---|---|
| Approvals | 57 | 10,246 | 342,825 |
| Approvals per 1,000 establishments | 36.1 | 39.2 | 41.0 |
| Median 7(a) approval | $500K | $350K | $190K |
| Median 504 approval | $230K | $820K | $657K |
| Average approval | $713K | $803K | $573K |
| 504 share of approvals | 14.0% | 10.1% | 11.0% |
| Jobs supported per approval, as reported | 11.0 | 11.4 | 10.5 |
| Share of state approvals | 0.6% | 100.0% | — |
Approval sizes
- $50,000 or less7.0%4
- $50,001 to $150,00022.8%13
- $150,001 to $350,00019.3%11
- $350,001 to $1 million28.1%16
- $1 million to $2 million15.8%9
- Over $2 million7.0%4
Age of the businesses
- Existing, more than 2 years old56.1%32
- New business, 2 years or less14.0%8
- Startup, loan funds will open the business14.0%8
- Change of ownership15.8%9
Questions and answers
Which lenders make the most SBA loans in Troup County?
By approvals in FY2021 to FY2025: Metro City Bank (8), Northeast Bank (5), Florida First Capital Finance Corporation, Inc. (4), Colony Bank (3), Pinnacle Bank (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Troup County?
The median 7(a) approval was $500K and the median 504 approval $230K; the Georgia 7(a) median was $350K.
Which industries get the most SBA loans in Troup County?
Restaurants and Other Eating Places (10); Services to Buildings and Dwellings (5); Beverage Manufacturing (4); Automotive Repair and Maintenance (4); Building Equipment Contractors (3).
Is SBA lending in Troup County rising?
Approvals in the three latest complete fiscal years total 34, against 26 in the three before: rising (+31%).
How does Troup County compare with the rest of Georgia?
36.1 approvals per 1,000 establishments against 39.2 statewide, and 57 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