FY20191 Oct 2018 – 30 Sep 2019
SBA loans in Georgia, FY2019
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 FY2019 (1 October 2018 to 30 September 2019) SBA approved 1,689 loans in Georgia: 1,524 under 7(a) and 165 under 504, worth $1.29bn.
That is down 9% on FY2018, when there were 1,866 approvals worth $1.38bn.
Georgia accounted for 2.9% of the 58,006 approvals nationwide that year. 149 lenders had at least one approval in the state; Wells Fargo Bank National Association had the most, 158.
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 FY2019, of 149 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 7(a) | 158 | $20.6M | 9.4% | 199 | -41 |
| 2 | Truist Bank | 7(a) | 81 | $40.4M | 4.8% | 76 | +5 |
| 3 | Metro City Bank | 7(a) | 78 | $107M | 4.6% | 94 | -16 |
| 4 | BayFirst National Bank | 7(a) | 68 | $14.8M | 4.0% | 38 | +30 |
| 5 | The Huntington National Bank | 7(a) | 65 | $36.4M | 3.8% | 67 | -2 |
| 6 | Capital Partners Certified Development Company | 504 | 48 | $44.7M | 2.8% | 38 | +10 |
| 7 | Stearns Bank National Association | 7(a) | 46 | $9.6M | 2.7% | 48 | -2 |
| 8 | Celtic Bank Corporation | 7(a) | 44 | $33.2M | 2.6% | 59 | -15 |
| 9 | United Midwest Savings Bank National Association | 7(a) | 42 | $6.5M | 2.5% | 51 | -9 |
| 10 | SouthState Bank, National Association | 7(a) | 40 | $36.0M | 2.4% | 83 | -43 |
| 11 | Pinnacle Bank | 7(a) | 37 | $55.4M | 2.2% | 38 | -1 |
| 12 | United Community Bank | 7(a) | 36 | $27.6M | 2.1% | 38 | -2 |
| 13 | Live Oak Banking Company | 7(a) | 32 | $44.0M | 1.9% | 45 | -13 |
| 14 | Small Business Access Partners, Inc. | 504 | 32 | $23.4M | 1.9% | 31 | +1 |
| 15 | JPMorgan Chase Bank, National Association | 7(a) | 32 | $3.9M | 1.9% | 41 | -9 |
| 16 | PromiseOne Bank | 7(a) | 31 | $44.1M | 1.8% | 32 | -1 |
| 17 | Florida Business Development Corporation | 504 | 30 | $27.0M | 1.8% | 31 | -1 |
| 18 | Newtek Small Business Finance, Inc. | 7(a) | 27 | $23.6M | 1.6% | 28 | -1 |
| 19 | HomeTrust Bank | 7(a) | 25 | $23.3M | 1.5% | 19 | +6 |
| 20 | Renasant Bank | 7(a) | 24 | $17.0M | 1.4% | 39 | -15 |
| 21 | Georgia's Own Credit Union | 7(a) | 23 | $32.9M | 1.4% | 8 | +15 |
| 22 | Ameris Bank | 7(a) | 23 | $24.3M | 1.4% | 61 | -38 |
| 23 | Citizens Bank | 7(a) | 22 | $20.2M | 1.3% | 20 | +2 |
| 24 | Embassy National Bank | 7(a) | 21 | $22.4M | 1.2% | 12 | +9 |
| 25 | CSRA Local Development Corporation | 504 | 21 | $15.6M | 1.2% | 14 | +7 |
| 26 | Regions Bank | 7(a) | 20 | $24.2M | 1.2% | 19 | +1 |
| 27 | Georgia Banking Company | 7(a) | 20 | $17.1M | 1.2% | 14 | +6 |
| 28 | Bank OZK | 7(a) | 20 | $12.2M | 1.2% | 4 | +16 |
| 29 | Independence Bank | 7(a) | 17 | $2.4M | 1.0% | 43 | -26 |
| 30 | Georgia Certified Development Corporation | 504 | 16 | $26.4M | 0.9% | 7 | +9 |
| 31 | Oconee State Bank | 7(a) | 16 | $13.0M | 0.9% | 10 | +6 |
| 32 | First Horizon Bank | 7(a) | 16 | $11.6M | 0.9% | 13 | +3 |
| 33 | Northeast Bank | 7(a) | 16 | $2.0M | 0.9% | 39 | -23 |
| 34 | Touchmark National Bank | 7(a) | 15 | $25.5M | 0.9% | 22 | -7 |
| 35 | Fifth Third Bank | 7(a) | 14 | $10.3M | 0.8% | 14 | 0 |
| 36 | Small Business Assistance Corporation | 7(a) | 14 | $1.8M | 0.8% | 14 | 0 |
| 37 | First Community Bank | 7(a) | 13 | $18.7M | 0.8% | 2 | +11 |
| 38 | Open Bank | 7(a) | 13 | $12.0M | 0.8% | 18 | -5 |
| 39 | Bank of America, National Association | 7(a) | 13 | $7.6M | 0.8% | 14 | -1 |
| 40 | Byline Bank | 7(a) | 12 | $16.9M | 0.7% | 6 | +6 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|
| 1 | Fulton County | 284 | $207M | 16.8% | 304 | -20 |
| 2 | Gwinnett County | 207 | $160M | 12.3% | 212 | -5 |
| 3 | Cobb County | 177 | $130M | 10.5% | 207 | -30 |
| 4 | DeKalb County | 148 | $106M | 8.8% | 167 | -19 |
| 5 | Chatham County | 72 | $33.9M | 4.3% | 71 | +1 |
| 6 | Forsyth County | 62 | $41.0M | 3.7% | 75 | -13 |
| 7 | Cherokee County | 48 | $35.1M | 2.8% | 57 | -9 |
| 8 | Fayette County | 34 | $25.0M | 2.0% | 29 | +5 |
| 9 | Hall County | 34 | $26.4M | 2.0% | 41 | -7 |
| 10 | Henry County | 34 | $17.6M | 2.0% | 35 | -1 |
| 11 | Clayton County | 32 | $34.4M | 1.9% | 36 | -4 |
| 12 | Richmond County | 27 | $29.4M | 1.6% | 16 | +11 |
| 13 | Douglas County | 25 | $13.7M | 1.5% | 22 | +3 |
| 14 | Bibb County | 23 | $25.9M | 1.4% | 28 | -5 |
| 15 | Paulding County | 21 | $16.7M | 1.2% | 21 | 0 |
| 16 | Coweta County | 21 | $18.0M | 1.2% | 17 | +4 |
| 17 | Clarke County | 21 | $18.1M | 1.2% | 15 | +6 |
| 18 | Columbia County | 21 | $4.6M | 1.2% | 15 | +6 |
| 19 | Glynn County | 20 | $17.5M | 1.2% | 15 | +5 |
| 20 | Bartow County | 19 | $12.8M | 1.1% | 17 | +2 |
| 21 | Houston County | 18 | $13.5M | 1.1% | 18 | 0 |
| 22 | Carroll County | 16 | $11.8M | 0.9% | 16 | 0 |
| 23 | Newton County | 16 | $17.7M | 0.9% | 11 | +5 |
| 24 | Muscogee County | 14 | $17.1M | 0.8% | 19 | -5 |
| 25 | Lowndes County | 14 | $13.8M | 0.8% | 10 | +4 |
| 26 | Rockdale County | 12 | $8.4M | 0.7% | 23 | -11 |
| 27 | Walton County | 12 | $8.3M | 0.7% | 17 | -5 |
| 28 | Jackson County | 10 | $10.1M | 0.6% | 9 | +1 |
| 29 | Coffee County | 10 | $5.5M | 0.6% | 9 | +1 |
| 30 | Barrow County | 10 | $11.1M | 0.6% | 13 | -3 |
| 31 | Camden County | 9 | $8.6M | 0.5% | 5 | +4 |
| 32 | Floyd County | 9 | $5.0M | 0.5% | 11 | -2 |
| 33 | Spalding County | 9 | $6.7M | 0.5% | 3 | +6 |
| 34 | Pickens County | 8 | $2.9M | 0.5% | 7 | +1 |
| 35 | Franklin County | 8 | $7.2M | 0.5% | 6 | +2 |
| 36 | Gilmer County | 7 | $5.1M | 0.4% | 18 | -11 |
| 37 | Whitfield County | 7 | $5.1M | 0.4% | 13 | -6 |
| 38 | Effingham County | 7 | $2.5M | 0.4% | 0 | new |
| 39 | Habersham County | 7 | $4.7M | 0.4% | 9 | -2 |
| 40 | Troup County | 6 | $7.7M | 0.4% | 9 | -3 |
The 40 counties with the most approvals; every county is on the Georgia page.
FY2019 against FY2018
| Georgia | FY2019 | FY2018 |
|---|---|---|
| 7(a) approvals | 1,524 | 1,731 |
| 7(a) dollars | $1.14bn | $1.25bn |
| Median 7(a) approval | $337K | $318K |
| 504 approvals | 165 | 135 |
| 504 dollars | $151M | $132M |
| Jobs supported, as reported | 21,444 | 19,785 |
Questions and answers
Which lenders made the most SBA loans in Georgia in FY2019?
Wells Fargo Bank National Association (158), Truist Bank (81), Metro City Bank (78), BayFirst National Bank (68), The Huntington National Bank (65). 149 lenders had at least one approval.
How many SBA loans were approved in Georgia in FY2019?
1,689: 1,524 under 7(a) worth $1.14bn and 165 under 504 worth $151M.
Which Georgia counties had the most SBA approvals in FY2019?
Fulton County (284), Gwinnett County (207), Cobb County (177), DeKalb County (148), Chatham County (72).
When does FY2019 start and end?
The federal fiscal year 2019 runs from 1 October 2018 to 30 September 2019.
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