FY20201 Oct 2019 – 30 Sep 2020
SBA loans in Georgia, FY2020
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 FY2020 (1 October 2019 to 30 September 2020) SBA approved 1,412 loans in Georgia: 1,236 under 7(a) and 176 under 504, worth $1.19bn.
That is down 16% on FY2019, when there were 1,689 approvals worth $1.29bn.
Georgia accounted for 2.9% of the 49,417 approvals nationwide that year. 153 lenders had at least one approval in the state; Wells Fargo Bank National Association had the most, 92.
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 FY2020, of 153 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2019 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 7(a) | 92 | $9.9M | 6.5% | 158 | -66 |
| 2 | Metro City Bank | 7(a) | 72 | $142M | 5.1% | 78 | -6 |
| 3 | Florida Business Development Corporation | 504 | 61 | $61.7M | 4.3% | 30 | +31 |
| 4 | United Midwest Savings Bank National Association | 7(a) | 58 | $7.6M | 4.1% | 42 | +16 |
| 5 | Live Oak Banking Company | 7(a) | 50 | $74.3M | 3.5% | 32 | +18 |
| 6 | Capital Partners Certified Development Company | 504 | 47 | $37.7M | 3.3% | 48 | -1 |
| 7 | Georgia's Own Credit Union | 7(a) | 46 | $33.4M | 3.3% | 23 | +23 |
| 8 | Truist Bank | 7(a) | 44 | $32.8M | 3.1% | 81 | -37 |
| 9 | HomeTrust Bank | 7(a) | 42 | $51.5M | 3.0% | 25 | +17 |
| 10 | The Huntington National Bank | 7(a) | 42 | $24.4M | 3.0% | 65 | -23 |
| 11 | Renasant Bank | 7(a) | 41 | $29.0M | 2.9% | 24 | +17 |
| 12 | PromiseOne Bank | 7(a) | 38 | $39.6M | 2.7% | 31 | +7 |
| 13 | SouthState Bank, National Association | 7(a) | 30 | $28.3M | 2.1% | 40 | -10 |
| 14 | Small Business Access Partners, Inc. | 504 | 30 | $21.8M | 2.1% | 32 | -2 |
| 15 | United Community Bank | 7(a) | 28 | $18.4M | 2.0% | 36 | -8 |
| 16 | Embassy National Bank | 7(a) | 26 | $35.9M | 1.8% | 21 | +5 |
| 17 | Pinnacle Bank | 7(a) | 24 | $30.2M | 1.7% | 37 | -13 |
| 18 | BayFirst National Bank | 7(a) | 22 | $6.9M | 1.6% | 68 | -46 |
| 19 | Ameris Bank | 7(a) | 21 | $21.2M | 1.5% | 23 | -2 |
| 20 | Georgia Banking Company | 7(a) | 18 | $11.6M | 1.3% | 20 | -2 |
| 21 | CSRA Local Development Corporation | 504 | 17 | $11.3M | 1.2% | 21 | -4 |
| 22 | JPMorgan Chase Bank, National Association | 7(a) | 17 | $2.0M | 1.2% | 32 | -15 |
| 23 | Citizens Bank | 7(a) | 16 | $10.4M | 1.1% | 22 | -6 |
| 24 | Celtic Bank Corporation | 7(a) | 16 | $5.9M | 1.1% | 44 | -28 |
| 25 | Stearns Bank National Association | 7(a) | 16 | $2.8M | 1.1% | 46 | -30 |
| 26 | Open Bank | 7(a) | 15 | $16.2M | 1.1% | 13 | +2 |
| 27 | Bank OZK | 7(a) | 15 | $10.0M | 1.1% | 20 | -5 |
| 28 | LGE Community CU | 7(a) | 14 | $11.8M | 1.0% | 1 | +13 |
| 29 | Regions Bank | 7(a) | 13 | $20.2M | 0.9% | 20 | -7 |
| 30 | Community Bank of Pickens County | 7(a) | 13 | $16.3M | 0.9% | 8 | +5 |
| 31 | Newtek Small Business Finance, Inc. | 7(a) | 13 | $11.5M | 0.9% | 27 | -14 |
| 32 | North State Bank | 7(a) | 12 | $12.2M | 0.8% | 4 | +8 |
| 33 | Touchmark National Bank | 7(a) | 12 | $8.6M | 0.8% | 15 | -3 |
| 34 | Five Star Bank | 7(a) | 12 | $2.5M | 0.8% | 12 | 0 |
| 35 | United Bank | 7(a) | 11 | $11.3M | 0.8% | 11 | 0 |
| 36 | Builtwell Bank | 7(a) | 11 | $8.7M | 0.8% | 4 | +7 |
| 37 | Pineland Bank | 7(a) | 11 | $8.4M | 0.8% | 9 | +2 |
| 38 | GBank | 7(a) | 10 | $17.1M | 0.7% | 3 | +7 |
| 39 | Georgia Certified Development Corporation | 504 | 10 | $6.6M | 0.7% | 16 | -6 |
| 40 | Oconee State Bank | 7(a) | 9 | $10.0M | 0.6% | 16 | -7 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2019 | Change |
|---|---|---|---|---|---|---|
| 1 | Fulton County | 212 | $172M | 15.0% | 284 | -72 |
| 2 | Gwinnett County | 178 | $124M | 12.6% | 207 | -29 |
| 3 | Cobb County | 141 | $106M | 10.0% | 177 | -36 |
| 4 | DeKalb County | 119 | $103M | 8.4% | 148 | -29 |
| 5 | Forsyth County | 59 | $49.6M | 4.2% | 62 | -3 |
| 6 | Cherokee County | 54 | $39.1M | 3.8% | 48 | +6 |
| 7 | Chatham County | 50 | $49.8M | 3.5% | 72 | -22 |
| 8 | Hall County | 40 | $39.8M | 2.8% | 34 | +6 |
| 9 | Fayette County | 35 | $34.8M | 2.5% | 34 | +1 |
| 10 | Henry County | 31 | $25.3M | 2.2% | 34 | -3 |
| 11 | Bibb County | 23 | $21.3M | 1.6% | 23 | 0 |
| 12 | Douglas County | 20 | $19.6M | 1.4% | 25 | -5 |
| 13 | Clayton County | 19 | $22.5M | 1.3% | 32 | -13 |
| 14 | Whitfield County | 19 | $20.2M | 1.3% | 7 | +12 |
| 15 | Richmond County | 17 | $18.4M | 1.2% | 27 | -10 |
| 16 | Carroll County | 14 | $7.8M | 1.0% | 16 | -2 |
| 17 | Jackson County | 14 | $14.6M | 1.0% | 10 | +4 |
| 18 | Columbia County | 14 | $10.4M | 1.0% | 21 | -7 |
| 19 | Walton County | 14 | $7.4M | 1.0% | 12 | +2 |
| 20 | Newton County | 13 | $11.3M | 0.9% | 16 | -3 |
| 21 | Bartow County | 13 | $12.6M | 0.9% | 19 | -6 |
| 22 | Rockdale County | 12 | $10.3M | 0.8% | 12 | 0 |
| 23 | Glynn County | 12 | $15.5M | 0.8% | 20 | -8 |
| 24 | Clarke County | 12 | $8.7M | 0.8% | 21 | -9 |
| 25 | Floyd County | 12 | $11.8M | 0.8% | 9 | +3 |
| 26 | Paulding County | 11 | $4.4M | 0.8% | 21 | -10 |
| 27 | Coweta County | 11 | $5.5M | 0.8% | 21 | -10 |
| 28 | Gordon County | 11 | $18.4M | 0.8% | 4 | +7 |
| 29 | Gilmer County | 9 | $5.7M | 0.6% | 7 | +2 |
| 30 | Franklin County | 9 | $8.2M | 0.6% | 8 | +1 |
| 31 | Barrow County | 9 | $3.5M | 0.6% | 10 | -1 |
| 32 | Pickens County | 8 | $2.2M | 0.6% | 8 | 0 |
| 33 | Muscogee County | 8 | $6.8M | 0.6% | 14 | -6 |
| 34 | Lowndes County | 8 | $12.5M | 0.6% | 14 | -6 |
| 35 | Dawson County | 8 | $4.9M | 0.6% | 2 | +6 |
| 36 | Houston County | 7 | $11.6M | 0.5% | 18 | -11 |
| 37 | Camden County | 7 | $6.2M | 0.5% | 9 | -2 |
| 38 | Habersham County | 7 | $3.0M | 0.5% | 7 | 0 |
| 39 | Dougherty County | 6 | $7.5M | 0.4% | 3 | +3 |
| 40 | Coffee County | 6 | $3.0M | 0.4% | 10 | -4 |
The 40 counties with the most approvals; every county is on the Georgia page.
FY2020 against FY2019
| Georgia | FY2020 | FY2019 |
|---|---|---|
| 7(a) approvals | 1,236 | 1,524 |
| 7(a) dollars | $1.04bn | $1.14bn |
| Median 7(a) approval | $426K | $337K |
| 504 approvals | 176 | 165 |
| 504 dollars | $146M | $151M |
| Jobs supported, as reported | 15,328 | 21,444 |
Questions and answers
Which lenders made the most SBA loans in Georgia in FY2020?
Wells Fargo Bank National Association (92), Metro City Bank (72), Florida Business Development Corporation (61), United Midwest Savings Bank National Association (58), Live Oak Banking Company (50). 153 lenders had at least one approval.
How many SBA loans were approved in Georgia in FY2020?
1,412: 1,236 under 7(a) worth $1.04bn and 176 under 504 worth $146M.
Which Georgia counties had the most SBA approvals in FY2020?
Fulton County (212), Gwinnett County (178), Cobb County (141), DeKalb County (119), Forsyth County (59).
When does FY2020 start and end?
The federal fiscal year 2020 runs from 1 October 2019 to 30 September 2020.
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