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County21st of 46 in South Carolina by approvalsFIPS 45055
SBA loans in Kershaw 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 33 loans to businesses in Kershaw County, South Carolina, in FY2021 to FY2025, worth $31.2M: 31 under 7(a) and 2 under 504.
That is 27.3 approvals per 1,000 business establishments (1,208 establishments in 2023), close to the South Carolina figure of 30.7 and below the national 41.0.
It ranks 21st of 46 South Carolina counties with approvals. In FY2025 there were 9.
15 lenders had approvals here; the most active were TD Bank, National Association (5), Pinnacle Bank (4) and BayFirst National Bank (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 Kershaw County
By number of approvals to businesses in the county, FY2021–FY2025; 15 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | TD Bank, National AssociationWilmington, DE | 5 | $4.8M | 15.2% | |
| 2 | Pinnacle BankNashville, TN | 4 | $7.6M | 12.1% | |
| 3 | BayFirst National BankSaint Petersburg, FL | 4 | $499K | 12.1% | |
| 4 | The Huntington National BankColumbus, OH | 3 | $497K | 9.1% | |
| 5 | United Midwest Savings Bank National AssociationDe Graff, OH | 3 | $450K | 9.1% | |
| 6 | Provident Business Financial Services, Inc.West Columbia, SC · CDC | 2 | — | 6.1% | |
| 7 | SouthState Bank, National AssociationWinter Haven, FL | 2 | — | 6.1% | |
| 8 | Newtek Bank, National AssociationMiami, FL | 2 | — | 6.1% | |
| 9 | Security Federal BankAiken, SC | 2 | — | 6.1% | |
| 10 | First Internet Bank of IndianaFishers, IN | 1 | — | 3.0% | |
| 11 | First Financial BankEl Dorado, AR | 1 | — | 3.0% | |
| 12 | Citizens BankElizabethton, TN | 1 | — | 3.0% | |
| 13 | Readycap Lending, LLCBerkeley Heights, NJ | 1 | — | 3.0% | |
| 14 | Northeast BankLewiston, ME | 1 | — | 3.0% | |
| 15 | Wells Fargo Bank National AssociationSioux Falls, SD | 1 | — | 3.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 6 | 18.2% | |
| 2 | Architectural, Engineering, and Related ServicesNAICS 5413 | 3 | 9.1% | |
| 3 | Services to Buildings and DwellingsNAICS 5617 | 3 | 9.1% | |
| 4 | General Freight TruckingNAICS 4841 | 3 | 9.1% | |
| 5 | Other Wood Product ManufacturingNAICS 3219 | 2 | 6.1% | |
| 6 | Building Finishing ContractorsNAICS 2383 | 2 | 6.1% | |
| 7 | Business Support ServicesNAICS 5614 | 2 | 6.1% | |
| 8 | Residential Building ConstructionNAICS 2361 | 2 | 6.1% | |
| 9 | Plastics Product ManufacturingNAICS 3261 | 1 | 3.0% | |
| 10 | Other Motor Vehicle DealersNAICS 4412 | 1 | 3.0% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Administrative and Support and Waste Management and Remediation Services | 7 | 21.2% | |
| 2 | Accommodation and Food Services | 6 | 18.2% | |
| 3 | Construction | 5 | 15.2% | |
| 4 | Transportation and Warehousing | 4 | 12.1% | |
| 5 | Manufacturing | 3 | 9.1% | |
| 6 | Professional, Scientific, and Technical Services | 3 | 9.1% | |
| 7 | Retail Trade | 2 | 6.1% | |
| 8 | Health Care and Social Assistance | 1 | 3.0% |
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* | 6 | $2.2M | $82K | 0 | — | 6 | 29 |
| FY2025 | 9 | $7.3M | $434K | 0 | — | 9 | 64 |
| FY2024 | 8 | $6.0M | $200K | 0 | — | 8 | 167 |
| FY2023 | 6 | $1.1M | $147K | 1 | — | 7 | 107 |
| FY2022 | 5 | $940K | $150K | 1 | — | 6 | 191 |
| FY2021 | 3 | $6.8M | $2.6M | 0 | — | 3 | 157 |
| FY2020 | 1 | — | — | 0 | — | 1 | 3 |
| FY2019 | 3 | $3.0M | $150K | 0 | — | 3 | 22 |
| FY2018 | 8 | $1.2M | $31K | 1 | — | 9 | 30 |
| FY2017 | 9 | $679K | $49K | 0 | — | 9 | 64 |
| FY2016 | 1 | — | — | 0 | — | 1 | 0 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 23 approvals.
Against South Carolina and the country
| FY2021–FY2025 | Kershaw County | South Carolina | United States |
|---|---|---|---|
| Approvals | 33 | 3,775 | 342,825 |
| Approvals per 1,000 establishments | 27.3 | 30.7 | 41.0 |
| Median 7(a) approval | $250K | $260K | $190K |
| Median 504 approval | — | $892K | $657K |
| Average approval | $945K | $666K | $573K |
| 504 share of approvals | 6.1% | 6.5% | 11.0% |
| Jobs supported per approval, as reported | 20.8 | 11.3 | 10.5 |
| Share of state approvals | 0.9% | 100.0% | — |
Approval sizes
- $50,000 or less9.1%3
- $50,001 to $150,00033.3%11
- $150,001 to $350,00021.2%7
- $350,001 to $1 million15.2%5
- Over $2 million21.2%7
Age of the businesses
- Existing, more than 2 years old39.4%13
- New business, 2 years or less21.2%7
- Startup, loan funds will open the business21.2%7
- Change of ownership18.2%6
Questions and answers
Which lenders make the most SBA loans in Kershaw County?
By approvals in FY2021 to FY2025: TD Bank, National Association (5), Pinnacle Bank (4), BayFirst National Bank (4), The Huntington National Bank (3), United Midwest Savings Bank National Association (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Kershaw County?
The median 7(a) approval was $250K; the South Carolina 7(a) median was $260K.
Which industries get the most SBA loans in Kershaw County?
Restaurants and Other Eating Places (6); Architectural, Engineering, and Related Services (3); Services to Buildings and Dwellings (3); General Freight Trucking (3); Other Wood Product Manufacturing (2).
Is SBA lending in Kershaw County rising?
Approvals in the three latest complete fiscal years total 24, against 10 in the three before: rising (+140%).
How does Kershaw County compare with the rest of South Carolina?
27.3 approvals per 1,000 establishments against 30.7 statewide, and 33 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