Lenders › Georgia Banking Company
7(a) lenderAtlanta, GeorgiaFDIC-insured bank258th of 2,184 by approvals
Georgia Banking Company
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
In FY2021 to FY2025 SBA approved 135 7(a) loans, worth $76.4M, through Georgia Banking Company of Atlanta, Georgia, an FDIC-insured bank in the SBA 7(a) program. By number of approvals that is 258th among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 14 approvals totalling $9.6M, down 58% on FY2024 (33). FY2026 to 30 Jun 2026 adds 7 more.
The median approval was $286K, against $190K for the 7(a) program as a whole; 31.9% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 22 states and territories and 56 counties, led by Georgia (68.9%), California (7.4%) and Florida (3.0%). The largest industry group was accommodation and food services at 19.3% of approvals, and 17.0% of approvals were to franchise businesses.
Of 185 disbursed loans approved in FY2010 to FY2021, SBA records 12 as charged off (6.5%), 120 as paid in full and 53 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 7 | $6.7M | $815K | $952K | 169 |
| FY2025 | 14 | $9.6M | $500K | $689K | 269 |
| FY2024 | 33 | $18.0M | $250K | $546K | 439 |
| FY2023 | 40 | $15.2M | $150K | $380K | 528 |
| FY2022 | 23 | $13.3M | $315K | $578K | 688 |
| FY2021 | 25 | $20.2M | $425K | $808K | 362 |
| FY2020 | 21 | $12.7M | $370K | $606K | 250 |
| FY2019 | 29 | $20.3M | $377K | $701K | 489 |
| FY2018 | 26 | $21.3M | $346K | $821K | 491 |
| FY2017 | 38 | $31.5M | $486K | $830K | 567 |
| FY2016 | 18 | $11.2M | $425K | $623K | 226 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 132 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Georgia | 7(a) program |
|---|---|---|---|
| Approvals in these years | 214 | 17,911 | 639,905 |
| Cancelled or never disbursed | 29 | 2,110 | 79,313 |
| Disbursed loans | 185 | 15,801 | 560,592 |
| Paid in full | 120 | 11,453 | 435,813 |
| Charged off | 12 | 1,077 | 36,891 |
| Still outstanding (status exempt from disclosure) | 53 | 3,271 | 87,888 |
| Charged off, share of disbursed loans | 6.5% | 6.8% | 6.6% |
| Dollars charged off, share of disbursed dollars | 1.6% | 2.0% | 2.5% |
| Dollars charged off | $2.5M | $230M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 21 | 10 | 0 | — | 2.8% |
| FY2020 | 19 | 6 | 2 | — | 4.0% |
| FY2019 | 27 | 15 | 3 | — | 6.7% |
| FY2018 | 24 | 13 | 2 | — | 7.9% |
| FY2017 | 34 | 23 | 3 | 8.8% | 7.7% |
| FY2016 | 14 | 11 | 0 | — | 7.2% |
| FY2015 | 15 | 13 | 0 | — | 6.9% |
| FY2014 | 5 | 5 | 0 | — | 6.4% |
| FY2013 | 3 | 2 | 1 | — | 6.0% |
| FY2012 | 1 | 1 | 0 | — | 6.3% |
| FY2011 | 11 | 11 | 0 | — | 6.9% |
| FY2010 | 11 | 10 | 1 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $286K | $190K |
| Average approval | $566K | $518K |
| Approvals of $150,000 or less | 31.9% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 37.8% | 34.3% |
| Approvals to franchise businesses | 17.0% | 11.5% |
| Jobs supported per approval, as reported | 16.9 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 6.5% | 6.6% |
States served
| # | State of the business (22 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Georgia | 93 | $62.7M | 68.9% | |
| 2 | California | 10 | $1.4M | 7.4% | |
| 3 | Florida | 4 | $2.1M | 3.0% | |
| 4 | Pennsylvania | 3 | $920K | 2.2% | |
| 5 | Tennessee | 2 | — | 1.5% | |
| 6 | Oklahoma | 2 | — | 1.5% | |
| 7 | Michigan | 2 | — | 1.5% | |
| 8 | Texas | 2 | — | 1.5% | |
| 9 | New York | 2 | — | 1.5% | |
| 10 | Colorado | 2 | — | 1.5% | |
| 11 | Ohio | 2 | — | 1.5% | |
| 12 | Illinois | 1 | — | 0.7% |
In Georgia the lender accounts for 1.0% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (56 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Fulton County, GA | 27 | $11.5M | 20.0% | |
| 2 | DeKalb County, GA | 17 | $19.7M | 12.6% | |
| 3 | Gwinnett County, GA | 14 | $9.9M | 10.4% | |
| 4 | Cobb County, GA | 10 | $6.3M | 7.4% | |
| 5 | Cherokee County, GA | 7 | $3.1M | 5.2% | |
| 6 | Hall County, GA | 3 | $1.5M | 2.2% | |
| 7 | Los Angeles County, CA | 3 | $450K | 2.2% | |
| 8 | San Diego County, CA | 3 | $450K | 2.2% | |
| 9 | Forsyth County, GA | 2 | — | 1.5% | |
| 10 | Oklahoma County, OK | 2 | — | 1.5% | |
| 11 | Henry County, GA | 2 | — | 1.5% | |
| 12 | Crisp County, GA | 1 | — | 0.7% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 26 | 19.3% | |
| 2 | Other Services (except Public Administration) | 16 | 11.9% | |
| 3 | Retail Trade | 12 | 8.9% | |
| 4 | Construction | 11 | 8.1% | |
| 5 | Transportation and Warehousing | 10 | 7.4% | |
| 6 | Manufacturing | 9 | 6.7% | |
| 7 | Professional, Scientific, and Technical Services | 9 | 6.7% | |
| 8 | Wholesale Trade | 7 | 5.2% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 21 | 15.6% | |
| 2 | Personal Care ServicesNAICS 8121 | 8 | 5.9% | |
| 3 | Other Schools and InstructionNAICS 6116 | 7 | 5.2% | |
| 4 | Building Equipment ContractorsNAICS 2382 | 6 | 4.4% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 4 | 3.0% | |
| 6 | General Freight TruckingNAICS 4841 | 4 | 3.0% | |
| 7 | Residential Building ConstructionNAICS 2361 | 4 | 3.0% | |
| 8 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 4 | 3.0% | |
| 9 | Local Messengers and Local DeliveryNAICS 4922 | 3 | 2.2% | |
| 10 | Consumer Goods RentalNAICS 5322 | 3 | 2.2% |
Approval sizes
- $50,001 to $150,00031.9%43
- $150,001 to $350,00026.7%36
- $350,001 to $1 million26.7%36
- $1 million to $2 million9.6%13
- Over $2 million5.2%7
Loan terms
- 5 years or less3.0%4
- Over 5 to 10 years78.5%106
- Over 10 to 20 years12.6%17
- Over 20 years5.9%8
Age of the businesses
- Existing, more than 2 years old44.4%60
- New business, 2 years or less14.8%20
- Startup, loan funds will open the business23.0%31
- Change of ownership17.0%23
- Not answered0.7%1
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 115 | 85.2% | |
| 2 | 7a General | 17 | 12.6% | |
| 3 | Working Capital CAPLine | 2 | 1.5% | |
| 4 | International Trade Loans | 1 | 0.7% |
Franchise share
23 of 135 approvals in FY2021–FY2025 (17.0%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Crumbl | 6 | 4.4% | |
| 2 | D-Bat | 4 | 3.0% | |
| 3 | Pirtek | 2 | 1.5% | |
| 4 | Thompson-Kenny | 1 | 0.7% | |
| 5 | Moe's Southwest Grill | 1 | 0.7% | |
| 6 | Benjamin Moore | 1 | 0.7% | |
| 7 | Mochinut | 1 | 0.7% | |
| 8 | The Ten Spot | 1 | 0.7% |
Questions and answers
How many SBA loans does Georgia Banking Company make?
SBA approved 14 7(a) loans through Georgia Banking Company in FY2025, worth $9.6M, and 135 over FY2021 to FY2025. That ranks 258th of 2,184 active 7(a) lenders by number of approvals.
How large are Georgia Banking Company's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $286K and the average $566K. The program-wide median was $190K.
What is Georgia Banking Company's charge-off rate?
Of 185 disbursed loans approved in FY2010 to FY2021, SBA records 12 as charged off (6.5%), 120 as paid in full and 53 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Georgia Banking Company lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (21); personal care services (8); other schools and instruction (7); building equipment contractors (6).
Where does Georgia Banking Company make SBA loans?
In 22 states and territories. Georgia 93, California 10, Florida 4, Pennsylvania 3, Tennessee 2. In Georgia it accounts for 1.0% of all 7(a) approvals.
Is Georgia Banking Company's SBA lending rising?
Approvals in the three latest complete fiscal years total 87, against 69 in the three before: rising (+26%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error