FY20181 Oct 2017 – 30 Sep 2018
SBA loans in Georgia, FY2018
That fiscal year's approvals by lender and by county.
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 FY2018 (1 October 2017 to 30 September 2018) SBA approved 1,866 loans in Georgia: 1,731 under 7(a) and 135 under 504, worth $1.38bn.
That is about level with FY2017, when there were 1,876 approvals worth $1.41bn.
Georgia accounted for 2.8% of the 66,228 approvals nationwide that year. 138 lenders had at least one approval in the state; Wells Fargo Bank National Association had the most, 199.
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.
Approvals by lender
The 40 lenders with the most approvals to Georgia businesses in FY2018, of 138 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2017 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 7(a) | 199 | $48.5M | 10.7% | 213 | -14 |
| 2 | Metro City Bank | 7(a) | 94 | $120M | 5.0% | 130 | -36 |
| 3 | SouthState Bank, National Association | 7(a) | 83 | $98.0M | 4.4% | 46 | +37 |
| 4 | Truist Bank | 7(a) | 76 | $38.2M | 4.1% | 109 | -33 |
| 5 | The Huntington National Bank | 7(a) | 67 | $42.8M | 3.6% | 66 | +1 |
| 6 | Ameris Bank | 7(a) | 61 | $51.9M | 3.3% | 77 | -16 |
| 7 | Celtic Bank Corporation | 7(a) | 59 | $13.5M | 3.2% | 69 | -10 |
| 8 | United Midwest Savings Bank National Association | 7(a) | 51 | $6.0M | 2.7% | 14 | +37 |
| 9 | Stearns Bank National Association | 7(a) | 48 | $11.7M | 2.6% | 35 | +13 |
| 10 | Live Oak Banking Company | 7(a) | 45 | $54.0M | 2.4% | 49 | -4 |
| 11 | Independence Bank | 7(a) | 43 | $4.5M | 2.3% | 34 | +9 |
| 12 | JPMorgan Chase Bank, National Association | 7(a) | 41 | $5.7M | 2.2% | 43 | -2 |
| 13 | Renasant Bank | 7(a) | 39 | $33.5M | 2.1% | 69 | -30 |
| 14 | Northeast Bank | 7(a) | 39 | $8.4M | 2.1% | 17 | +22 |
| 15 | Capital Partners Certified Development Company | 504 | 38 | $41.2M | 2.0% | 43 | -5 |
| 16 | Pinnacle Bank | 7(a) | 38 | $38.3M | 2.0% | 44 | -6 |
| 17 | United Community Bank | 7(a) | 38 | $30.5M | 2.0% | 40 | -2 |
| 18 | BayFirst National Bank | 7(a) | 38 | $10.3M | 2.0% | 33 | +5 |
| 19 | PromiseOne Bank | 7(a) | 32 | $27.9M | 1.7% | 31 | +1 |
| 20 | Small Business Access Partners, Inc. | 504 | 31 | $37.1M | 1.7% | 36 | -5 |
| 21 | Florida Business Development Corporation | 504 | 31 | $28.8M | 1.7% | 37 | -6 |
| 22 | Newtek Small Business Finance, Inc. | 7(a) | 28 | $18.4M | 1.5% | 19 | +9 |
| 23 | Touchmark National Bank | 7(a) | 22 | $38.8M | 1.2% | 26 | -4 |
| 24 | Citizens Bank | 7(a) | 20 | $22.8M | 1.1% | 9 | +11 |
| 25 | HomeTrust Bank | 7(a) | 19 | $32.6M | 1.0% | 15 | +4 |
| 26 | Regions Bank | 7(a) | 19 | $23.3M | 1.0% | 17 | +2 |
| 27 | PNC Bank, National Association | 7(a) | 19 | $5.0M | 1.0% | 16 | +3 |
| 28 | Open Bank | 7(a) | 18 | $14.0M | 1.0% | 9 | +9 |
| 29 | Access to Capital for Entrepreneurs | 7(a) | 16 | $2.7M | 0.9% | 11 | +5 |
| 30 | Georgia Banking Company | 7(a) | 14 | $14.2M | 0.8% | 14 | 0 |
| 31 | United Bank | 7(a) | 14 | $14.1M | 0.8% | 14 | 0 |
| 32 | First Financial Bank | 7(a) | 14 | $11.9M | 0.8% | 21 | -7 |
| 33 | Bank of America, National Association | 7(a) | 14 | $9.8M | 0.8% | 7 | +7 |
| 34 | CSRA Local Development Corporation | 504 | 14 | $6.6M | 0.8% | 23 | -9 |
| 35 | Fifth Third Bank | 7(a) | 14 | $4.5M | 0.8% | 23 | -9 |
| 36 | Small Business Assistance Corporation | 7(a) | 14 | $2.2M | 0.8% | 9 | +5 |
| 37 | First Horizon Bank | 7(a) | 13 | $14.5M | 0.7% | 4 | +9 |
| 38 | First Bank | 7(a) | 13 | $12.0M | 0.7% | 1 | +12 |
| 39 | First National Community Bank | 7(a) | 13 | $11.6M | 0.7% | 17 | -4 |
| 40 | Five Star Bank | 7(a) | 13 | $3.0M | 0.7% | 1 | +12 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2017 | Change |
|---|---|---|---|---|---|---|
| 1 | Fulton County | 304 | $217M | 16.3% | 308 | -4 |
| 2 | Gwinnett County | 212 | $131M | 11.4% | 263 | -51 |
| 3 | Cobb County | 207 | $139M | 11.1% | 166 | +41 |
| 4 | DeKalb County | 167 | $101M | 8.9% | 189 | -22 |
| 5 | Forsyth County | 75 | $56.3M | 4.0% | 60 | +15 |
| 6 | Chatham County | 71 | $46.7M | 3.8% | 80 | -9 |
| 7 | Cherokee County | 57 | $37.5M | 3.1% | 51 | +6 |
| 8 | Hall County | 41 | $40.8M | 2.2% | 35 | +6 |
| 9 | Clayton County | 36 | $37.2M | 1.9% | 25 | +11 |
| 10 | Henry County | 35 | $29.4M | 1.9% | 41 | -6 |
| 11 | Fayette County | 29 | $29.6M | 1.6% | 23 | +6 |
| 12 | Bibb County | 28 | $23.2M | 1.5% | 16 | +12 |
| 13 | Rockdale County | 23 | $10.1M | 1.2% | 15 | +8 |
| 14 | Douglas County | 22 | $13.4M | 1.2% | 25 | -3 |
| 15 | Paulding County | 21 | $15.8M | 1.1% | 21 | 0 |
| 16 | Muscogee County | 19 | $18.8M | 1.0% | 15 | +4 |
| 17 | Gilmer County | 18 | $16.9M | 1.0% | 13 | +5 |
| 18 | Houston County | 18 | $8.4M | 1.0% | 12 | +6 |
| 19 | Coweta County | 17 | $8.5M | 0.9% | 20 | -3 |
| 20 | Bartow County | 17 | $20.8M | 0.9% | 24 | -7 |
| 21 | Walton County | 17 | $13.0M | 0.9% | 4 | +13 |
| 22 | Carroll County | 16 | $26.7M | 0.9% | 15 | +1 |
| 23 | Richmond County | 16 | $7.6M | 0.9% | 31 | -15 |
| 24 | Glynn County | 15 | $10.3M | 0.8% | 11 | +4 |
| 25 | Clarke County | 15 | $4.9M | 0.8% | 9 | +6 |
| 26 | Columbia County | 15 | $9.2M | 0.8% | 20 | -5 |
| 27 | Gordon County | 14 | $20.2M | 0.8% | 15 | -1 |
| 28 | Whitfield County | 13 | $8.7M | 0.7% | 14 | -1 |
| 29 | Barrow County | 13 | $4.2M | 0.7% | 18 | -5 |
| 30 | Newton County | 11 | $2.3M | 0.6% | 13 | -2 |
| 31 | Floyd County | 11 | $10.2M | 0.6% | 10 | +1 |
| 32 | Lowndes County | 10 | $11.6M | 0.5% | 11 | -1 |
| 33 | Murray County | 10 | $13.6M | 0.5% | 6 | +4 |
| 34 | Bulloch County | 10 | $5.3M | 0.5% | 7 | +3 |
| 35 | Troup County | 9 | $4.4M | 0.5% | 9 | 0 |
| 36 | Jackson County | 9 | $9.1M | 0.5% | 10 | -1 |
| 37 | Habersham County | 9 | $7.5M | 0.5% | 7 | +2 |
| 38 | Coffee County | 9 | $8.4M | 0.5% | 12 | -3 |
| 39 | Liberty County | 8 | $3.4M | 0.4% | 9 | -1 |
| 40 | Pickens County | 7 | $4.1M | 0.4% | 11 | -4 |
The 40 counties with the most approvals; every county is on the Georgia page.
FY2018 against FY2017
| Georgia | FY2018 | FY2017 |
|---|---|---|
| 7(a) approvals | 1,731 | 1,710 |
| 7(a) dollars | $1.25bn | $1.27bn |
| Median 7(a) approval | $318K | $349K |
| 504 approvals | 135 | 166 |
| 504 dollars | $132M | $148M |
| Jobs supported, as reported | 19,785 | 21,624 |
Questions and answers
Which lenders made the most SBA loans in Georgia in FY2018?
Wells Fargo Bank National Association (199), Metro City Bank (94), SouthState Bank, National Association (83), Truist Bank (76), The Huntington National Bank (67). 138 lenders had at least one approval.
How many SBA loans were approved in Georgia in FY2018?
1,866: 1,731 under 7(a) worth $1.25bn and 135 under 504 worth $132M.
Which Georgia counties had the most SBA approvals in FY2018?
Fulton County (304), Gwinnett County (212), Cobb County (207), DeKalb County (167), Forsyth County (75).
When does FY2018 start and end?
The federal fiscal year 2018 runs from 1 October 2017 to 30 September 2018.
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