Lenders › Oconee State Bank
7(a) lenderWatkinsville, GeorgiaFDIC-insured bank389th of 2,184 by approvals
Oconee State Bank
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.
Oconee State Bank (Watkinsville, Georgia) is an FDIC-insured bank in the SBA 7(a) program, 389th of 2,184 by approvals in FY2021 to FY2025: 76 loans worth $68.6M.
In FY2025, the latest complete fiscal year, it had 24 approvals totalling $28.7M, up 100% on FY2024 (12). FY2026 to 30 Jun 2026 adds 16 more.
The median approval was $652K, against $190K for the 7(a) program as a whole; 10.5% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 18 states and territories and 44 counties, led by Georgia (44.7%), Florida (10.5%) and Nevada (9.2%). The largest industry group was finance and insurance at 32.9% of approvals, and 26.3% of approvals were to franchise businesses.
Of 44 disbursed loans approved in FY2010 to FY2021, SBA records 0 as charged off (0.0%), 23 as paid in full and 21 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below 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* | 16 | $6.9M | $426K | $433K | 97 |
| FY2025 | 24 | $28.7M | $580K | $1.2M | 159 |
| FY2024 | 12 | $9.8M | $661K | $814K | 181 |
| FY2023 | 25 | $19.9M | $759K | $795K | 169 |
| FY2022 | 10 | $8.5M | $1.0M | $854K | 153 |
| FY2021 | 5 | $1.8M | $289K | $359K | 43 |
| FY2020 | 13 | $11.6M | $378K | $891K | 146 |
| FY2019 | 16 | $13.0M | $550K | $812K | 265 |
| FY2018 | 12 | $6.2M | $313K | $516K | 98 |
| FY2017 | 0 | — | — | — | 0 |
| FY2016 | 0 | — | — | — | 0 |
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 41 approvals. First approval on file: FY2018.
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 | 46 | 17,911 | 639,905 |
| Cancelled or never disbursed | 2 | 2,110 | 79,313 |
| Disbursed loans | 44 | 15,801 | 560,592 |
| Paid in full | 23 | 11,453 | 435,813 |
| Charged off | 0 | 1,077 | 36,891 |
| Still outstanding (status exempt from disclosure) | 21 | 3,271 | 87,888 |
| Charged off, share of disbursed loans | 0.0% | 6.8% | 6.6% |
| Dollars charged off, share of disbursed dollars | 0.0% | 2.0% | 2.5% |
| Dollars charged off | $0 | $230M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 5 | 3 | 0 | — | 2.8% |
| FY2020 | 12 | 6 | 0 | — | 4.0% |
| FY2019 | 15 | 7 | 0 | — | 6.7% |
| FY2018 | 12 | 7 | 0 | — | 7.9% |
| FY2017 | 0 | 0 | 0 | — | 7.7% |
| FY2016 | 0 | 0 | 0 | — | 7.2% |
| FY2015 | 0 | 0 | 0 | — | 6.9% |
| FY2014 | 0 | 0 | 0 | — | 6.4% |
| FY2013 | 0 | 0 | 0 | — | 6.0% |
| FY2012 | 0 | 0 | 0 | — | 6.3% |
| FY2011 | 0 | 0 | 0 | — | 6.9% |
| FY2010 | 0 | 0 | 0 | — | 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 | $652K | $190K |
| Average approval | $903K | $518K |
| Approvals of $150,000 or less | 10.5% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 56.6% | 34.3% |
| Approvals to franchise businesses | 26.3% | 11.5% |
| Jobs supported per approval, as reported | 9.3 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 0.0% | 6.6% |
States served
| # | State of the business (18 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Georgia | 34 | $35.9M | 44.7% | |
| 2 | Florida | 8 | $5.9M | 10.5% | |
| 3 | Nevada | 7 | $5.4M | 9.2% | |
| 4 | Texas | 5 | $2.2M | 6.6% | |
| 5 | South Carolina | 3 | $3.9M | 3.9% | |
| 6 | Colorado | 3 | $2.0M | 3.9% | |
| 7 | North Carolina | 2 | — | 2.6% | |
| 8 | Louisiana | 2 | — | 2.6% | |
| 9 | Alabama | 2 | — | 2.6% | |
| 10 | Tennessee | 2 | — | 2.6% | |
| 11 | Pennsylvania | 1 | — | 1.3% | |
| 12 | Oklahoma | 1 | — | 1.3% |
In Georgia the lender accounts for 0.4% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (44 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Hall County, GA | 6 | $8.8M | 7.9% | |
| 2 | Clark County, NV | 6 | $5.1M | 7.9% | |
| 3 | Oconee County, GA | 6 | $1.5M | 7.9% | |
| 4 | Gwinnett County, GA | 4 | $4.8M | 5.3% | |
| 5 | DeKalb County, GA | 3 | $6.1M | 3.9% | |
| 6 | Tarrant County, TX | 3 | $1.4M | 3.9% | |
| 7 | Clarke County, GA | 3 | $611K | 3.9% | |
| 8 | Whitfield County, GA | 2 | — | 2.6% | |
| 9 | Wake County, NC | 2 | — | 2.6% | |
| 10 | Laurens County, SC | 2 | — | 2.6% | |
| 11 | Pinellas County, FL | 2 | — | 2.6% | |
| 12 | Denver County, CO | 2 | — | 2.6% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Finance and Insurance | 25 | 32.9% | |
| 2 | Arts, Entertainment, and Recreation | 10 | 13.2% | |
| 3 | Retail Trade | 8 | 10.5% | |
| 4 | Accommodation and Food Services | 8 | 10.5% | |
| 5 | Professional, Scientific, and Technical Services | 6 | 7.9% | |
| 6 | Health Care and Social Assistance | 4 | 5.3% | |
| 7 | Other Services (except Public Administration) | 4 | 5.3% | |
| 8 | Educational Services | 2 | 2.6% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 25 | 32.9% | |
| 2 | Other Amusement and Recreation IndustriesNAICS 7139 | 10 | 13.2% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 8 | 10.5% | |
| 4 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 4 | 5.3% | |
| 5 | Beer, Wine, and Liquor StoresNAICS 4453 | 3 | 3.9% | |
| 6 | Offices of Other Health PractitionersNAICS 6213 | 3 | 3.9% | |
| 7 | Services to Buildings and DwellingsNAICS 5617 | 2 | 2.6% | |
| 8 | Couriers and Express Delivery ServicesNAICS 4921 | 2 | 2.6% | |
| 9 | Other Personal ServicesNAICS 8129 | 2 | 2.6% | |
| 10 | Elementary and Secondary SchoolsNAICS 6111 | 1 | 1.3% |
Approval sizes
- $50,001 to $150,00010.5%8
- $150,001 to $350,00014.5%11
- $350,001 to $1 million46.1%35
- $1 million to $2 million22.4%17
- Over $2 million6.6%5
Loan terms
- Over 5 to 10 years73.7%56
- Over 10 to 20 years17.1%13
- Over 20 years9.2%7
Age of the businesses
- Existing, more than 2 years old13.2%10
- New business, 2 years or less13.2%10
- Startup, loan funds will open the business43.4%33
- Change of ownership30.3%23
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 66 | 86.8% | |
| 2 | 7a General | 9 | 11.8% | |
| 3 | SBA Express Program | 1 | 1.3% |
Franchise share
20 of 76 approvals in FY2021–FY2025 (26.3%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Subway | 3 | 3.9% | |
| 2 | Burn Boot Camp Fitness | 3 | 3.9% | |
| 3 | D1 Training | 2 | 2.6% | |
| 4 | Kilwins Chocolates and Ice Cream Store | 1 | 1.3% | |
| 5 | The Back Nine | 1 | 1.3% | |
| 6 | Yoga Six | 1 | 1.3% | |
| 7 | Club Pilates | 1 | 1.3% | |
| 8 | The UPS Store | 1 | 1.3% |
Questions and answers
How many SBA loans does Oconee State Bank make?
SBA approved 24 7(a) loans through Oconee State Bank in FY2025, worth $28.7M, and 76 over FY2021 to FY2025. That ranks 389th of 2,184 active 7(a) lenders by number of approvals.
How large are Oconee State Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $652K and the average $903K. The program-wide median was $190K.
What is Oconee State Bank's charge-off rate?
Of 44 disbursed loans approved in FY2010 to FY2021, SBA records 0 as charged off (0.0%), 23 as paid in full and 21 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below 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 Oconee State Bank lend to most?
By number of approvals in FY2021 to FY2025: agencies, brokerages, and other insurance related activities (25); other amusement and recreation industries (10); restaurants and other eating places (8); accounting, tax preparation, bookkeeping, and payroll services (4).
Where does Oconee State Bank make SBA loans?
In 18 states and territories. Georgia 34, Florida 8, Nevada 7, Texas 5, South Carolina 3. In Georgia it accounts for 0.4% of all 7(a) approvals.
Is Oconee State Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 61, against 28 in the three before: rising (+118%).
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