Lenders › SouthState Bank, National Association
7(a) lenderWinter Haven, FloridaFDIC-insured bank24th of 2,184 by approvals
SouthState Bank, National Association
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 1,805 7(a) loans, worth $1.18bn, through SouthState Bank, National Association of Winter Haven, Florida, an FDIC-insured bank in the SBA 7(a) program. By number of approvals that is 24th among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 229 approvals totalling $121M, down 57% on FY2024 (531). FY2026 to 30 Jun 2026 adds 78 more.
The median approval was $350K, against $190K for the 7(a) program as a whole; 25.6% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 40 states and territories and 359 counties, led by Florida (29.4%), Texas (15.0%) and Georgia (14.8%). The largest industry group was health care and social assistance at 13.3% of approvals, and 15.1% of approvals were to franchise businesses.
Of 2,435 disbursed loans approved in FY2010 to FY2021, SBA records 68 as charged off (2.8%), 1,776 as paid in full and 591 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* | 78 | $42.3M | $350K | $542K | 597 |
| FY2025 | 229 | $121M | $329K | $528K | 1,671 |
| FY2024 | 531 | $220M | $200K | $414K | 3,733 |
| FY2023 | 392 | $230M | $350K | $588K | 4,537 |
| FY2022 | 269 | $225M | $480K | $836K | 4,250 |
| FY2021 | 384 | $384M | $634K | $1.0M | 7,408 |
| FY2020 | 256 | $217M | $540K | $848K | 4,993 |
| FY2019 | 293 | $227M | $470K | $775K | 5,665 |
| FY2018 | 291 | $266M | $559K | $913K | 5,353 |
| FY2017 | 201 | $173M | $500K | $859K | 3,514 |
| FY2016 | 251 | $254M | $560K | $1.0M | 5,179 |
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 1,292 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 | Florida | 7(a) program |
|---|---|---|---|
| Approvals in these years | 2,745 | 31,863 | 639,905 |
| Cancelled or never disbursed | 310 | 3,596 | 79,313 |
| Disbursed loans | 2,435 | 28,267 | 560,592 |
| Paid in full | 1,776 | 20,064 | 435,813 |
| Charged off | 68 | 2,783 | 36,891 |
| Still outstanding (status exempt from disclosure) | 591 | 5,420 | 87,888 |
| Charged off, share of disbursed loans | 2.8% | 9.8% | 6.6% |
| Dollars charged off, share of disbursed dollars | 1.6% | 3.1% | 2.5% |
| Dollars charged off | $33.1M | $442M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 343 | 139 | 0 | 0.0% | 2.8% |
| FY2020 | 227 | 119 | 2 | 0.9% | 4.0% |
| FY2019 | 264 | 157 | 6 | 2.3% | 6.7% |
| FY2018 | 264 | 187 | 11 | 4.2% | 7.9% |
| FY2017 | 180 | 135 | 8 | 4.4% | 7.7% |
| FY2016 | 225 | 180 | 6 | 2.7% | 7.2% |
| FY2015 | 211 | 192 | 8 | 3.8% | 6.9% |
| FY2014 | 184 | 165 | 11 | 6.0% | 6.4% |
| FY2013 | 138 | 126 | 6 | 4.3% | 6.0% |
| FY2012 | 109 | 102 | 4 | 3.7% | 6.3% |
| FY2011 | 161 | 155 | 3 | 1.9% | 6.9% |
| FY2010 | 129 | 119 | 3 | 2.3% | 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 | $350K | $190K |
| Average approval | $654K | $518K |
| Approvals of $150,000 or less | 25.6% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 29.0% | 34.3% |
| Approvals to franchise businesses | 15.1% | 11.5% |
| Jobs supported per approval, as reported | 12.0 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 2.8% | 6.6% |
States served
| # | State of the business (40 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Florida | 531 | $289M | 29.4% | |
| 2 | Texas | 271 | $200M | 15.0% | |
| 3 | Georgia | 268 | $178M | 14.8% | |
| 4 | Colorado | 153 | $176M | 8.5% | |
| 5 | South Carolina | 140 | $82.8M | 7.8% | |
| 6 | North Carolina | 135 | $56.5M | 7.5% | |
| 7 | Virginia | 65 | $28.2M | 3.6% | |
| 8 | Alabama | 49 | $37.5M | 2.7% | |
| 9 | Tennessee | 28 | $12.8M | 1.6% | |
| 10 | Maryland | 26 | $10.1M | 1.4% | |
| 11 | Massachusetts | 22 | $23.8M | 1.2% | |
| 12 | California | 12 | $9.1M | 0.7% |
In Florida the lender accounts for 2.3% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (359 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Miami-Dade County, FL | 86 | $28.1M | 4.8% | |
| 2 | Fulton County, GA | 56 | $39.1M | 3.1% | |
| 3 | Cobb County, GA | 50 | $33.1M | 2.8% | |
| 4 | Broward County, FL | 45 | $18.3M | 2.5% | |
| 5 | Orange County, FL | 43 | $21.3M | 2.4% | |
| 6 | Gwinnett County, GA | 36 | $21.7M | 2.0% | |
| 7 | Mecklenburg County, NC | 35 | $16.9M | 1.9% | |
| 8 | Harris County, TX | 34 | $21.7M | 1.9% | |
| 9 | Collin County, TX | 34 | $20.6M | 1.9% | |
| 10 | Hillsborough County, FL | 33 | $21.8M | 1.8% | |
| 11 | Dallas County, TX | 28 | $19.3M | 1.6% | |
| 12 | Larimer County, CO | 26 | $42.3M | 1.4% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 240 | 13.3% | |
| 2 | Accommodation and Food Services | 222 | 12.3% | |
| 3 | Construction | 210 | 11.6% | |
| 4 | Retail Trade | 189 | 10.5% | |
| 5 | Professional, Scientific, and Technical Services | 189 | 10.5% | |
| 6 | Other Services (except Public Administration) | 185 | 10.2% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 120 | 6.6% | |
| 8 | Manufacturing | 104 | 5.8% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 190 | 10.5% | |
| 2 | Offices of Other Health PractitionersNAICS 6213 | 83 | 4.6% | |
| 3 | Automotive Repair and MaintenanceNAICS 8111 | 67 | 3.7% | |
| 4 | Services to Buildings and DwellingsNAICS 5617 | 67 | 3.7% | |
| 5 | Building Equipment ContractorsNAICS 2382 | 59 | 3.3% | |
| 6 | Other Specialty Trade ContractorsNAICS 2389 | 55 | 3.0% | |
| 7 | Personal Care ServicesNAICS 8121 | 49 | 2.7% | |
| 8 | Other Personal ServicesNAICS 8129 | 43 | 2.4% | |
| 9 | Other Amusement and Recreation IndustriesNAICS 7139 | 42 | 2.3% | |
| 10 | Child Day Care ServicesNAICS 6244 | 40 | 2.2% |
Approval sizes
- $50,000 or less1.6%28
- $50,001 to $150,00024.0%434
- $150,001 to $350,00026.9%485
- $350,001 to $1 million30.4%548
- $1 million to $2 million9.9%179
- Over $2 million7.3%131
Loan terms
- 5 years or less2.9%53
- Over 5 to 10 years69.4%1,252
- Over 10 to 20 years11.3%204
- Over 20 years16.4%296
Age of the businesses
- Existing, more than 2 years old63.5%1,147
- New business, 2 years or less11.0%199
- Startup, loan funds will open the business18.0%325
- Change of ownership7.3%132
- Not answered0.1%2
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 1,660 | 92.0% | |
| 2 | SBA Express Program | 107 | 5.9% | |
| 3 | 7a General | 27 | 1.5% | |
| 4 | International Trade Loans | 6 | 0.3% | |
| 5 | 7a with EWCP | 2 | 0.1% | |
| 6 | Working Capital CAPLine | 2 | 0.1% |
Franchise share
273 of 1,805 approvals in FY2021–FY2025 (15.1%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | The Joint Chiropractic | 18 | 1.0% | |
| 2 | Tint World | 11 | 0.6% | |
| 3 | Batteries Plus | 10 | 0.6% | |
| 4 | Firehouse Subs | 8 | 0.4% | |
| 5 | Tropical Smoothie Cafe | 7 | 0.4% | |
| 6 | Two Men and a Truck | 6 | 0.3% | |
| 7 | Nothing Bundt Cakes | 6 | 0.3% | |
| 8 | The Little Gym | 6 | 0.3% |
Questions and answers
How many SBA loans does SouthState Bank, National Association make?
SBA approved 229 7(a) loans through SouthState Bank, National Association in FY2025, worth $121M, and 1,805 over FY2021 to FY2025. That ranks 24th of 2,184 active 7(a) lenders by number of approvals.
How large are SouthState Bank, National Association's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $350K and the average $654K. The program-wide median was $190K.
What is SouthState Bank, National Association's charge-off rate?
Of 2,435 disbursed loans approved in FY2010 to FY2021, SBA records 68 as charged off (2.8%), 1,776 as paid in full and 591 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 SouthState Bank, National Association lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (190); offices of other health practitioners (83); automotive repair and maintenance (67); services to buildings and dwellings (67).
Where does SouthState Bank, National Association make SBA loans?
In 40 states and territories. Florida 531, Texas 271, Georgia 268, Colorado 153, South Carolina 140. In Florida it accounts for 2.3% of all 7(a) approvals.
Is SouthState Bank, National Association's SBA lending rising?
Approvals in the three latest complete fiscal years total 1,152, against 909 in the three before: rising (+27%).
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