FY20221 Oct 2021 – 30 Sep 2022
SBA loans in Georgia, FY2022
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 FY2022 (1 October 2021 to 30 September 2022) SBA approved 1,592 loans in Georgia: 1,364 under 7(a) and 228 under 504, worth $1.43bn.
That is down 20% on FY2021, when there were 1,993 approvals worth $2.03bn.
Georgia accounted for 2.8% of the 56,932 approvals nationwide that year. 178 lenders had at least one approval in the state; Wells Fargo Bank National Association had the most, 136.
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 FY2022, of 178 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2021 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 7(a) | 136 | $11.3M | 8.5% | 106 | +30 |
| 2 | The Huntington National Bank | 7(a) | 103 | $43.0M | 6.5% | 91 | +12 |
| 3 | Newtek Small Business Finance, Inc. | 7(a) | 73 | $49.1M | 4.6% | 47 | +26 |
| 4 | Florida Business Development Corporation | 504 | 67 | $79.5M | 4.2% | 56 | +11 |
| 5 | Capital Partners Certified Development Company | 504 | 62 | $84.0M | 3.9% | 57 | +5 |
| 6 | Metro City Bank | 7(a) | 61 | $124M | 3.8% | 129 | -68 |
| 7 | Readycap Lending, LLC | 7(a) | 46 | $23.2M | 2.9% | 36 | +10 |
| 8 | Renasant Bank | 7(a) | 37 | $34.7M | 2.3% | 58 | -21 |
| 9 | BayFirst National Bank | 7(a) | 36 | $7.3M | 2.3% | 10 | +26 |
| 10 | Live Oak Banking Company | 7(a) | 35 | $49.7M | 2.2% | 51 | -16 |
| 11 | SouthState Bank, National Association | 7(a) | 35 | $33.6M | 2.2% | 56 | -21 |
| 12 | Georgia's Own Credit Union | 7(a) | 34 | $35.3M | 2.1% | 42 | -8 |
| 13 | Small Business Access Partners, Inc. | 504 | 30 | $29.9M | 1.9% | 47 | -17 |
| 14 | United Midwest Savings Bank National Association | 7(a) | 30 | $9.6M | 1.9% | 88 | -58 |
| 15 | Pinnacle Bank | 7(a) | 26 | $30.3M | 1.6% | 47 | -21 |
| 16 | Celtic Bank Corporation | 7(a) | 25 | $24.4M | 1.6% | 14 | +11 |
| 17 | Craft Bank | 7(a) | 23 | $27.4M | 1.4% | 12 | +11 |
| 18 | HomeTrust Bank | 7(a) | 23 | $25.3M | 1.4% | 48 | -25 |
| 19 | CSRA Local Development Corporation | 504 | 22 | $18.5M | 1.4% | 33 | -11 |
| 20 | United Community Bank | 7(a) | 22 | $17.6M | 1.4% | 47 | -25 |
| 21 | Georgia Banking Company | 7(a) | 22 | $13.1M | 1.4% | 25 | -3 |
| 22 | Georgia Certified Development Corporation | 504 | 21 | $33.2M | 1.3% | 15 | +6 |
| 23 | Loyal Trust Bank | 7(a) | 21 | $20.7M | 1.3% | 27 | -6 |
| 24 | JPMorgan Chase Bank, National Association | 7(a) | 21 | $4.3M | 1.3% | 6 | +15 |
| 25 | Bank of America, National Association | 7(a) | 17 | $5.3M | 1.1% | 16 | +1 |
| 26 | Citizens Bank | 7(a) | 16 | $15.1M | 1.0% | 31 | -15 |
| 27 | Embassy National Bank | 7(a) | 15 | $31.6M | 0.9% | 37 | -22 |
| 28 | First Community Bank | 7(a) | 15 | $20.9M | 0.9% | 18 | -3 |
| 29 | Vallant Bank | 7(a) | 15 | $11.5M | 0.9% | 5 | +10 |
| 30 | LGE Community CU | 7(a) | 14 | $9.5M | 0.9% | 18 | -4 |
| 31 | Truist Bank | 7(a) | 13 | $8.8M | 0.8% | 23 | -10 |
| 32 | United Bank | 7(a) | 12 | $8.8M | 0.8% | 21 | -9 |
| 33 | Capital Bank, National Association | 7(a) | 12 | $4.8M | 0.8% | 5 | +7 |
| 34 | Colony Bank | 7(a) | 11 | $15.1M | 0.7% | 28 | -17 |
| 35 | North State Bank | 7(a) | 11 | $7.9M | 0.7% | 9 | +2 |
| 36 | PromiseOne Bank | 7(a) | 10 | $14.3M | 0.6% | 26 | -16 |
| 37 | Cogent Bank | 7(a) | 10 | $10.6M | 0.6% | 10 | 0 |
| 38 | Ameris Bank | 7(a) | 10 | $9.8M | 0.6% | 31 | -21 |
| 39 | Hanmi Bank | 7(a) | 9 | $13.0M | 0.6% | 5 | +4 |
| 40 | Bank of Hope | 7(a) | 9 | $9.4M | 0.6% | 7 | +2 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2021 | Change |
|---|---|---|---|---|---|---|
| 1 | Fulton County | 251 | $202M | 15.8% | 306 | -55 |
| 2 | Gwinnett County | 197 | $147M | 12.4% | 247 | -50 |
| 3 | DeKalb County | 135 | $111M | 8.5% | 165 | -30 |
| 4 | Cobb County | 135 | $109M | 8.5% | 193 | -58 |
| 5 | Chatham County | 56 | $64.6M | 3.5% | 80 | -24 |
| 6 | Forsyth County | 55 | $77.4M | 3.5% | 63 | -8 |
| 7 | Cherokee County | 52 | $30.4M | 3.3% | 59 | -7 |
| 8 | Henry County | 43 | $32.8M | 2.7% | 30 | +13 |
| 9 | Hall County | 37 | $28.3M | 2.3% | 36 | +1 |
| 10 | Fayette County | 30 | $19.3M | 1.9% | 34 | -4 |
| 11 | Muscogee County | 23 | $23.0M | 1.4% | 18 | +5 |
| 12 | Bibb County | 23 | $23.5M | 1.4% | 25 | -2 |
| 13 | Douglas County | 23 | $17.2M | 1.4% | 22 | +1 |
| 14 | Rockdale County | 21 | $20.4M | 1.3% | 21 | 0 |
| 15 | Walton County | 21 | $18.8M | 1.3% | 16 | +5 |
| 16 | Richmond County | 20 | $21.6M | 1.3% | 19 | +1 |
| 17 | Clayton County | 19 | $7.8M | 1.2% | 33 | -14 |
| 18 | Clarke County | 19 | $13.2M | 1.2% | 24 | -5 |
| 19 | Barrow County | 17 | $10.7M | 1.1% | 16 | +1 |
| 20 | Coweta County | 16 | $13.9M | 1.0% | 16 | 0 |
| 21 | Bartow County | 16 | $20.1M | 1.0% | 31 | -15 |
| 22 | Glynn County | 15 | $13.5M | 0.9% | 16 | -1 |
| 23 | Houston County | 15 | $11.7M | 0.9% | 13 | +2 |
| 24 | Paulding County | 14 | $16.0M | 0.9% | 16 | -2 |
| 25 | Columbia County | 14 | $10.3M | 0.9% | 25 | -11 |
| 26 | Carroll County | 13 | $12.1M | 0.8% | 19 | -6 |
| 27 | Lowndes County | 12 | $14.4M | 0.8% | 13 | -1 |
| 28 | Lumpkin County | 11 | $8.5M | 0.7% | 3 | +8 |
| 29 | Pickens County | 10 | $9.6M | 0.6% | 19 | -9 |
| 30 | Jackson County | 10 | $8.5M | 0.6% | 9 | +1 |
| 31 | Camden County | 9 | $18.3M | 0.6% | 24 | -15 |
| 32 | Spalding County | 9 | $10.1M | 0.6% | 15 | -6 |
| 33 | Catoosa County | 9 | $8.7M | 0.6% | 4 | +5 |
| 34 | Newton County | 8 | $9.5M | 0.5% | 10 | -2 |
| 35 | Effingham County | 7 | $4.7M | 0.4% | 6 | +1 |
| 36 | Gordon County | 7 | $11.5M | 0.4% | 18 | -11 |
| 37 | Laurens County | 7 | $6.7M | 0.4% | 3 | +4 |
| 38 | Dawson County | 7 | $10.6M | 0.4% | 3 | +4 |
| 39 | Dougherty County | 6 | $10.7M | 0.4% | 6 | 0 |
| 40 | Troup County | 6 | $4.0M | 0.4% | 17 | -11 |
The 40 counties with the most approvals; every county is on the Georgia page.
FY2022 against FY2021
| Georgia | FY2022 | FY2021 |
|---|---|---|
| 7(a) approvals | 1,364 | 1,758 |
| 7(a) dollars | $1.16bn | $1.82bn |
| Median 7(a) approval | $375K | $595K |
| 504 approvals | 228 | 235 |
| 504 dollars | $267M | $209M |
| Jobs supported, as reported | 18,998 | 24,106 |
Questions and answers
Which lenders made the most SBA loans in Georgia in FY2022?
Wells Fargo Bank National Association (136), The Huntington National Bank (103), Newtek Small Business Finance, Inc. (73), Florida Business Development Corporation (67), Capital Partners Certified Development Company (62). 178 lenders had at least one approval.
How many SBA loans were approved in Georgia in FY2022?
1,592: 1,364 under 7(a) worth $1.16bn and 228 under 504 worth $267M.
Which Georgia counties had the most SBA approvals in FY2022?
Fulton County (251), Gwinnett County (197), DeKalb County (135), Cobb County (135), Chatham County (56).
When does FY2022 start and end?
The federal fiscal year 2022 runs from 1 October 2021 to 30 September 2022.
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