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County16th of 46 in South Carolina by approvalsFIPS 45073
SBA loans in Oconee 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 43 loans to businesses in Oconee County, South Carolina, in FY2021 to FY2025, worth $16.1M: 43 under 7(a) and 0 under 504.
That is 24.4 approvals per 1,000 business establishments (1,761 establishments in 2023), below the South Carolina figure of 30.7 and below the national 41.0.
It ranks 16th of 46 South Carolina counties with approvals. In FY2025 there were 6, down 50% on FY2024.
23 lenders had approvals here; the most active were TD Bank, National Association (8), Wells Fargo Bank National Association (5) and Readycap Lending, LLC (3). 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 Oconee County
By number of approvals to businesses in the county, FY2021–FY2025; 23 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | TD Bank, National AssociationWilmington, DE | 8 | $519K | 18.6% | |
| 2 | Wells Fargo Bank National AssociationSioux Falls, SD | 5 | $669K | 11.6% | |
| 3 | Readycap Lending, LLCBerkeley Heights, NJ | 3 | $2.5M | 7.0% | |
| 4 | CountybankGreenwood, SC | 2 | — | 4.7% | |
| 5 | Live Oak Banking CompanyWilmington, NC | 2 | — | 4.7% | |
| 6 | United Community BankGreenville, SC | 2 | — | 4.7% | |
| 7 | First BankSouthern Pines, NC | 2 | — | 4.7% | |
| 8 | Pinnacle BankNashville, TN | 2 | — | 4.7% | |
| 9 | Celtic Bank CorporationSalt Lake City, UT | 2 | — | 4.7% | |
| 10 | The Huntington National BankColumbus, OH | 2 | — | 4.7% | |
| 11 | Old National BankEvansville, IN | 1 | — | 2.3% | |
| 12 | AgSouth Farm Credit, FLCAStatesboro, GA | 1 | — | 2.3% | |
| 13 | Bank Five NineOconomowoc, WI | 1 | — | 2.3% | |
| 14 | First National Bank of PennsylvaniaGreenville, PA | 1 | — | 2.3% | |
| 15 | TowneBankPortsmouth, VA | 1 | — | 2.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 6 | 14.0% | |
| 2 | Gasoline StationsNAICS 4571 | 3 | 7.0% | |
| 3 | Other Specialty Trade ContractorsNAICS 2389 | 3 | 7.0% | |
| 4 | Computer Systems Design and Related ServicesNAICS 5415 | 2 | 4.7% | |
| 5 | Other Miscellaneous RetailersNAICS 4599 | 2 | 4.7% | |
| 6 | Offices of Other Health PractitionersNAICS 6213 | 2 | 4.7% | |
| 7 | Services to Buildings and DwellingsNAICS 5617 | 2 | 4.7% | |
| 8 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 2 | 4.7% | |
| 9 | Poultry and Egg ProductionNAICS 1123 | 1 | 2.3% | |
| 10 | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and MaintenanceNAICS 8113 | 1 | 2.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 10 | 23.3% | |
| 2 | Accommodation and Food Services | 7 | 16.3% | |
| 3 | Construction | 7 | 16.3% | |
| 4 | Professional, Scientific, and Technical Services | 6 | 14.0% | |
| 5 | Health Care and Social Assistance | 3 | 7.0% | |
| 6 | Other Services (except Public Administration) | 2 | 4.7% | |
| 7 | Real Estate and Rental and Leasing | 2 | 4.7% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 2 | 4.7% |
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* | 5 | $1.2M | $50K | 1 | — | 6 | 5 |
| FY2025 | 6 | $2.2M | $356K | 0 | — | 6 | 93 |
| FY2024 | 12 | $2.6M | $128K | 0 | — | 12 | 57 |
| FY2023 | 4 | $3.1M | $250K | 0 | — | 4 | 10 |
| FY2022 | 13 | $3.0M | $100K | 0 | — | 13 | 99 |
| FY2021 | 8 | $5.2M | $428K | 0 | — | 8 | 28 |
| FY2020 | 11 | $14.2M | $979K | 1 | — | 12 | 149 |
| FY2019 | 10 | $6.1M | $282K | 0 | — | 10 | 101 |
| FY2018 | 4 | $4.3M | $768K | 0 | — | 4 | 7 |
| FY2017 | 11 | $10.1M | $350K | 0 | — | 11 | 39 |
| FY2016 | 4 | $1.6M | $388K | 0 | — | 4 | 51 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 41 approvals.
Against South Carolina and the country
| FY2021–FY2025 | Oconee County | South Carolina | United States |
|---|---|---|---|
| Approvals | 43 | 3,775 | 342,825 |
| Approvals per 1,000 establishments | 24.4 | 30.7 | 41.0 |
| Median 7(a) approval | $206K | $260K | $190K |
| Median 504 approval | — | $892K | $657K |
| Average approval | $374K | $666K | $573K |
| 504 share of approvals | 0.0% | 6.5% | 11.0% |
| Jobs supported per approval, as reported | 6.7 | 11.3 | 10.5 |
| Share of state approvals | 1.1% | 100.0% | — |
Approval sizes
- $50,000 or less30.2%13
- $50,001 to $150,00016.3%7
- $150,001 to $350,00016.3%7
- $350,001 to $1 million30.2%13
- $1 million to $2 million4.7%2
- Over $2 million2.3%1
Age of the businesses
- Existing, more than 2 years old44.2%19
- New business, 2 years or less32.6%14
- Startup, loan funds will open the business16.3%7
- Change of ownership7.0%3
Questions and answers
Which lenders make the most SBA loans in Oconee County?
By approvals in FY2021 to FY2025: TD Bank, National Association (8), Wells Fargo Bank National Association (5), Readycap Lending, LLC (3), Countybank (2), Live Oak Banking Company (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Oconee County?
The median 7(a) approval was $206K; the South Carolina 7(a) median was $260K.
Which industries get the most SBA loans in Oconee County?
Restaurants and Other Eating Places (6); Gasoline Stations (3); Other Specialty Trade Contractors (3); Computer Systems Design and Related Services (2); Other Miscellaneous Retailers (2).
Is SBA lending in Oconee County rising?
Approvals in the three latest complete fiscal years total 22, against 33 in the three before: falling (-33%).
How does Oconee County compare with the rest of South Carolina?
24.4 approvals per 1,000 establishments against 30.7 statewide, and 43 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