FY20211 Oct 2020 – 30 Sep 2021
SBA loans in Georgia, FY2021
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 FY2021 (1 October 2020 to 30 September 2021) SBA approved 1,993 loans in Georgia: 1,758 under 7(a) and 235 under 504, worth $2.03bn.
That is up 41% on FY2020, when there were 1,412 approvals worth $1.19bn.
Georgia accounted for 3.2% of the 61,532 approvals nationwide that year. 170 lenders had at least one approval in the state; Metro City Bank had the most, 129.
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 FY2021, of 170 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2020 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Metro City Bank | 7(a) | 129 | $274M | 6.5% | 72 | +57 |
| 2 | Wells Fargo Bank National Association | 7(a) | 106 | $18.4M | 5.3% | 92 | +14 |
| 3 | The Huntington National Bank | 7(a) | 91 | $67.2M | 4.6% | 42 | +49 |
| 4 | United Midwest Savings Bank National Association | 7(a) | 88 | $15.0M | 4.4% | 58 | +30 |
| 5 | Renasant Bank | 7(a) | 58 | $72.2M | 2.9% | 41 | +17 |
| 6 | Capital Partners Certified Development Company | 504 | 57 | $67.7M | 2.9% | 47 | +10 |
| 7 | SouthState Bank, National Association | 7(a) | 56 | $64.5M | 2.8% | 30 | +26 |
| 8 | Florida Business Development Corporation | 504 | 56 | $32.7M | 2.8% | 61 | -5 |
| 9 | Live Oak Banking Company | 7(a) | 51 | $62.9M | 2.6% | 50 | +1 |
| 10 | HomeTrust Bank | 7(a) | 48 | $68.8M | 2.4% | 42 | +6 |
| 11 | Pinnacle Bank | 7(a) | 47 | $60.8M | 2.4% | 24 | +23 |
| 12 | Small Business Access Partners, Inc. | 504 | 47 | $37.0M | 2.4% | 30 | +17 |
| 13 | United Community Bank | 7(a) | 47 | $36.0M | 2.4% | 28 | +19 |
| 14 | Newtek Small Business Finance, Inc. | 7(a) | 47 | $24.7M | 2.4% | 13 | +34 |
| 15 | Georgia's Own Credit Union | 7(a) | 42 | $53.8M | 2.1% | 46 | -4 |
| 16 | Embassy National Bank | 7(a) | 37 | $44.1M | 1.9% | 26 | +11 |
| 17 | Pineland Bank | 7(a) | 36 | $41.0M | 1.8% | 11 | +25 |
| 18 | Readycap Lending, LLC | 7(a) | 36 | $35.4M | 1.8% | 9 | +27 |
| 19 | CSRA Local Development Corporation | 504 | 33 | $28.8M | 1.7% | 17 | +16 |
| 20 | Ameris Bank | 7(a) | 31 | $40.9M | 1.6% | 21 | +10 |
| 21 | Citizens Bank | 7(a) | 31 | $23.7M | 1.6% | 16 | +15 |
| 22 | Colony Bank | 7(a) | 28 | $44.0M | 1.4% | 8 | +20 |
| 23 | Loyal Trust Bank | 7(a) | 27 | $16.2M | 1.4% | 2 | +25 |
| 24 | PromiseOne Bank | 7(a) | 26 | $28.1M | 1.3% | 38 | -12 |
| 25 | Community Bank of Pickens County | 7(a) | 25 | $33.6M | 1.3% | 13 | +12 |
| 26 | Georgia Banking Company | 7(a) | 25 | $20.2M | 1.3% | 18 | +7 |
| 27 | Truist Bank | 7(a) | 23 | $18.0M | 1.2% | 44 | -21 |
| 28 | Builtwell Bank | 7(a) | 22 | $14.6M | 1.1% | 11 | +11 |
| 29 | United Bank | 7(a) | 21 | $39.1M | 1.1% | 11 | +10 |
| 30 | Queensborough National Bank and Trust Company | 7(a) | 19 | $14.8M | 1.0% | 4 | +15 |
| 31 | LGE Community CU | 7(a) | 18 | $25.9M | 0.9% | 14 | +4 |
| 32 | First Community Bank | 7(a) | 18 | $25.8M | 0.9% | 7 | +11 |
| 33 | Wallis Bank | 7(a) | 16 | $16.1M | 0.8% | 8 | +8 |
| 34 | Harvest Small Business Finance, LLC | 7(a) | 16 | $13.1M | 0.8% | 7 | +9 |
| 35 | Bank of America, National Association | 7(a) | 16 | $7.5M | 0.8% | 5 | +11 |
| 36 | Georgia Certified Development Corporation | 504 | 15 | $16.4M | 0.8% | 10 | +5 |
| 37 | Byline Bank | 7(a) | 15 | $12.9M | 0.8% | 7 | +8 |
| 38 | Open Bank | 7(a) | 14 | $27.1M | 0.7% | 15 | -1 |
| 39 | Celtic Bank Corporation | 7(a) | 14 | $22.0M | 0.7% | 16 | -2 |
| 40 | Peoples Bank | 7(a) | 14 | $12.2M | 0.7% | 1 | +13 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2020 | Change |
|---|---|---|---|---|---|---|
| 1 | Fulton County | 306 | $287M | 15.4% | 212 | +94 |
| 2 | Gwinnett County | 247 | $228M | 12.4% | 178 | +69 |
| 3 | Cobb County | 193 | $137M | 9.7% | 141 | +52 |
| 4 | DeKalb County | 165 | $162M | 8.3% | 119 | +46 |
| 5 | Chatham County | 80 | $76.6M | 4.0% | 50 | +30 |
| 6 | Forsyth County | 63 | $69.9M | 3.2% | 59 | +4 |
| 7 | Cherokee County | 59 | $48.7M | 3.0% | 54 | +5 |
| 8 | Hall County | 36 | $54.2M | 1.8% | 40 | -4 |
| 9 | Fayette County | 34 | $35.7M | 1.7% | 35 | -1 |
| 10 | Clayton County | 33 | $32.0M | 1.7% | 19 | +14 |
| 11 | Bartow County | 31 | $34.2M | 1.6% | 13 | +18 |
| 12 | Henry County | 30 | $30.5M | 1.5% | 31 | -1 |
| 13 | Bibb County | 25 | $30.2M | 1.3% | 23 | +2 |
| 14 | Columbia County | 25 | $19.8M | 1.3% | 14 | +11 |
| 15 | Camden County | 24 | $32.8M | 1.2% | 7 | +17 |
| 16 | Clarke County | 24 | $22.7M | 1.2% | 12 | +12 |
| 17 | Douglas County | 22 | $35.7M | 1.1% | 20 | +2 |
| 18 | Rockdale County | 21 | $32.6M | 1.1% | 12 | +9 |
| 19 | Carroll County | 19 | $25.6M | 1.0% | 14 | +5 |
| 20 | Pickens County | 19 | $28.3M | 1.0% | 8 | +11 |
| 21 | Richmond County | 19 | $16.2M | 1.0% | 17 | +2 |
| 22 | Gordon County | 18 | $22.3M | 0.9% | 11 | +7 |
| 23 | Muscogee County | 18 | $29.7M | 0.9% | 8 | +10 |
| 24 | Troup County | 17 | $9.5M | 0.9% | 3 | +14 |
| 25 | Glynn County | 16 | $8.8M | 0.8% | 12 | +4 |
| 26 | Whitfield County | 16 | $17.1M | 0.8% | 19 | -3 |
| 27 | Paulding County | 16 | $29.5M | 0.8% | 11 | +5 |
| 28 | Coweta County | 16 | $12.9M | 0.8% | 11 | +5 |
| 29 | Barrow County | 16 | $28.0M | 0.8% | 9 | +7 |
| 30 | Walton County | 16 | $14.4M | 0.8% | 14 | +2 |
| 31 | Oconee County | 16 | $9.9M | 0.8% | 5 | +11 |
| 32 | Spalding County | 15 | $14.9M | 0.8% | 3 | +12 |
| 33 | Houston County | 13 | $9.6M | 0.7% | 7 | +6 |
| 34 | Lowndes County | 13 | $23.4M | 0.7% | 8 | +5 |
| 35 | Toombs County | 11 | $6.8M | 0.6% | 2 | +9 |
| 36 | Walker County | 11 | $6.7M | 0.6% | 3 | +8 |
| 37 | Bulloch County | 11 | $9.2M | 0.6% | 6 | +5 |
| 38 | Newton County | 10 | $12.6M | 0.5% | 13 | -3 |
| 39 | Jackson County | 9 | $22.1M | 0.5% | 14 | -5 |
| 40 | Habersham County | 9 | $20.5M | 0.5% | 7 | +2 |
The 40 counties with the most approvals; every county is on the Georgia page.
FY2021 against FY2020
| Georgia | FY2021 | FY2020 |
|---|---|---|
| 7(a) approvals | 1,758 | 1,236 |
| 7(a) dollars | $1.82bn | $1.04bn |
| Median 7(a) approval | $595K | $426K |
| 504 approvals | 235 | 176 |
| 504 dollars | $209M | $146M |
| Jobs supported, as reported | 24,106 | 15,328 |
Questions and answers
Which lenders made the most SBA loans in Georgia in FY2021?
Metro City Bank (129), Wells Fargo Bank National Association (106), The Huntington National Bank (91), United Midwest Savings Bank National Association (88), Renasant Bank (58). 170 lenders had at least one approval.
How many SBA loans were approved in Georgia in FY2021?
1,993: 1,758 under 7(a) worth $1.82bn and 235 under 504 worth $209M.
Which Georgia counties had the most SBA approvals in FY2021?
Fulton County (306), Gwinnett County (247), Cobb County (193), DeKalb County (165), Chatham County (80).
When does FY2021 start and end?
The federal fiscal year 2021 runs from 1 October 2020 to 30 September 2021.
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