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County18th of 46 in South Carolina by approvalsFIPS 45043
SBA loans in Georgetown County, South Carolina
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 41 loans to businesses in Georgetown County, South Carolina, in FY2021 to FY2025, worth $28.3M: 35 under 7(a) and 6 under 504.
That is 20.1 approvals per 1,000 business establishments (2,038 establishments in 2023), below the South Carolina figure of 30.7 and below the national 41.0.
It ranks 18th of 46 South Carolina counties with approvals. In FY2025 there were 4, down 69% on FY2024.
22 lenders had approvals here; the most active were TD Bank, National Association (7), Provident Business Financial Services, Inc. (3) and The Huntington National Bank (3). The most common industry was machine shops; turned product; and screw, nut, and bolt manufacturing.
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 Georgetown County
By number of approvals to businesses in the county, FY2021–FY2025; 22 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | TD Bank, National AssociationWilmington, DE | 7 | $640K | 17.1% | |
| 2 | Provident Business Financial Services, Inc.West Columbia, SC · CDC | 3 | $6.5M | 7.3% | |
| 3 | The Huntington National BankColumbus, OH | 3 | $3.0M | 7.3% | |
| 4 | SouthState Bank, National AssociationWinter Haven, FL | 3 | $2.2M | 7.3% | |
| 5 | Certified Development Corporation of South CarolinaColumbia, SC · CDC | 2 | — | 4.9% | |
| 6 | HomeTrust BankAsheville, NC | 2 | — | 4.9% | |
| 7 | Coastal Carolina National BankMyrtle Beach, SC | 2 | — | 4.9% | |
| 8 | Platinum BankOakdale, MN | 2 | — | 4.9% | |
| 9 | Northeast BankLewiston, ME | 2 | — | 4.9% | |
| 10 | Readycap Lending, LLCBerkeley Heights, NJ | 2 | — | 4.9% | |
| 11 | Wells Fargo Bank National AssociationSioux Falls, SD | 2 | — | 4.9% | |
| 12 | Live Oak Banking CompanyWilmington, NC | 1 | — | 2.4% | |
| 13 | Byline BankChicago, IL | 1 | — | 2.4% | |
| 14 | Fifth Third BankCincinnati, OH | 1 | — | 2.4% | |
| 15 | Regions BankBirmingham, AL | 1 | — | 2.4% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Machine Shops; Turned Product; and Screw, Nut, and Bolt ManufacturingNAICS 3327 | 3 | 7.3% | |
| 2 | Building Equipment ContractorsNAICS 2382 | 3 | 7.3% | |
| 3 | Offices of Other Health PractitionersNAICS 6213 | 3 | 7.3% | |
| 4 | Personal and Household Goods Repair and MaintenanceNAICS 8114 | 3 | 7.3% | |
| 5 | Building Material and Supplies DealersNAICS 4441 | 2 | 4.9% | |
| 6 | Offices of DentistsNAICS 6212 | 2 | 4.9% | |
| 7 | Other Amusement and Recreation IndustriesNAICS 7139 | 2 | 4.9% | |
| 8 | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and MaintenanceNAICS 8113 | 2 | 4.9% | |
| 9 | Other Specialty Trade ContractorsNAICS 2389 | 2 | 4.9% | |
| 10 | Legal ServicesNAICS 5411 | 2 | 4.9% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 6 | 14.6% | |
| 2 | Health Care and Social Assistance | 6 | 14.6% | |
| 3 | Manufacturing | 5 | 12.2% | |
| 4 | Construction | 5 | 12.2% | |
| 5 | Professional, Scientific, and Technical Services | 5 | 12.2% | |
| 6 | Other Services (except Public Administration) | 5 | 12.2% | |
| 7 | Accommodation and Food Services | 3 | 7.3% | |
| 8 | Arts, Entertainment, and Recreation | 2 | 4.9% |
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* | 2 | — | — | 0 | — | 2 | 2 |
| FY2025 | 3 | $1.1M | $240K | 1 | — | 4 | 8 |
| FY2024 | 12 | $3.7M | $146K | 1 | — | 13 | 61 |
| FY2023 | 8 | $3.5M | $137K | 0 | — | 8 | 53 |
| FY2022 | 3 | $856K | $100K | 2 | — | 5 | 68 |
| FY2021 | 9 | $8.9M | $806K | 2 | — | 11 | 338 |
| FY2020 | 4 | $3.0M | $213K | 0 | — | 4 | 18 |
| FY2019 | 7 | $6.6M | $350K | 0 | — | 7 | 157 |
| FY2018 | 2 | — | — | 0 | — | 2 | 18 |
| FY2017 | 2 | — | — | 0 | — | 2 | 12 |
| FY2016 | 9 | $3.6M | $150K | 0 | — | 9 | 120 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 24 approvals.
Against South Carolina and the country
| FY2021–FY2025 | Georgetown County | South Carolina | United States |
|---|---|---|---|
| Approvals | 41 | 3,775 | 342,825 |
| Approvals per 1,000 establishments | 20.1 | 30.7 | 41.0 |
| Median 7(a) approval | $188K | $260K | $190K |
| Median 504 approval | $1.4M | $892K | $657K |
| Average approval | $690K | $666K | $573K |
| 504 share of approvals | 14.6% | 6.5% | 11.0% |
| Jobs supported per approval, as reported | 12.9 | 11.3 | 10.5 |
| Share of state approvals | 1.1% | 100.0% | — |
Approval sizes
- $50,000 or less19.5%8
- $50,001 to $150,00019.5%8
- $150,001 to $350,00014.6%6
- $350,001 to $1 million22.0%9
- $1 million to $2 million19.5%8
- Over $2 million4.9%2
Age of the businesses
- Existing, more than 2 years old61.0%25
- New business, 2 years or less17.1%7
- Startup, loan funds will open the business9.8%4
- Change of ownership12.2%5
Questions and answers
Which lenders make the most SBA loans in Georgetown County?
By approvals in FY2021 to FY2025: TD Bank, National Association (7), Provident Business Financial Services, Inc. (3), The Huntington National Bank (3), SouthState Bank, National Association (3), Certified Development Corporation of South Carolina (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Georgetown County?
The median 7(a) approval was $188K and the median 504 approval $1.4M; the South Carolina 7(a) median was $260K.
Which industries get the most SBA loans in Georgetown County?
Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing (3); Building Equipment Contractors (3); Offices of Other Health Practitioners (3); Personal and Household Goods Repair and Maintenance (3); Building Material and Supplies Dealers (2).
Is SBA lending in Georgetown County rising?
Approvals in the three latest complete fiscal years total 25, against 20 in the three before: rising (+25%).
How does Georgetown County compare with the rest of South Carolina?
20.1 approvals per 1,000 establishments against 30.7 statewide, and 41 of the state's 3,775 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