FY20251 Oct 2024 – 30 Sep 2025
SBA loans in Georgia, FY2025
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 FY2025 (1 October 2024 to 30 September 2025) SBA approved 2,563 loans in Georgia: 2,374 under 7(a) and 189 under 504, worth $1.80bn.
That is up 15% on FY2024, when there were 2,224 approvals worth $1.58bn.
Georgia accounted for 3.0% of the 84,840 approvals nationwide that year. 188 lenders had at least one approval in the state; Northeast Bank had the most, 320.
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 FY2025, of 188 active.
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2024 | Change |
|---|---|---|---|---|---|---|
| 1 | Fulton County | 426 | $269M | 16.6% | 382 | +44 |
| 2 | Gwinnett County | 367 | $230M | 14.3% | 293 | +74 |
| 3 | Cobb County | 249 | $156M | 9.7% | 232 | +17 |
| 4 | DeKalb County | 190 | $106M | 7.4% | 184 | +6 |
| 5 | Cherokee County | 105 | $100M | 4.1% | 63 | +42 |
| 6 | Forsyth County | 93 | $88.6M | 3.6% | 92 | +1 |
| 7 | Chatham County | 76 | $72.0M | 3.0% | 56 | +20 |
| 8 | Henry County | 74 | $45.2M | 2.9% | 65 | +9 |
| 9 | Hall County | 55 | $54.7M | 2.1% | 37 | +18 |
| 10 | Fayette County | 47 | $33.0M | 1.8% | 46 | +1 |
| 11 | Clayton County | 44 | $26.4M | 1.7% | 39 | +5 |
| 12 | Rockdale County | 39 | $36.0M | 1.5% | 30 | +9 |
| 13 | Muscogee County | 36 | $17.3M | 1.4% | 28 | +8 |
| 14 | Coweta County | 35 | $11.6M | 1.4% | 31 | +4 |
| 15 | Douglas County | 33 | $26.7M | 1.3% | 29 | +4 |
| 16 | Carroll County | 31 | $17.1M | 1.2% | 25 | +6 |
| 17 | Paulding County | 29 | $9.4M | 1.1% | 20 | +9 |
| 18 | Columbia County | 28 | $17.3M | 1.1% | 23 | +5 |
| 19 | Houston County | 25 | $23.0M | 1.0% | 17 | +8 |
| 20 | Clarke County | 25 | $13.0M | 1.0% | 21 | +4 |
| 21 | Barrow County | 25 | $21.0M | 1.0% | 23 | +2 |
| 22 | Richmond County | 23 | $23.4M | 0.9% | 18 | +5 |
| 23 | Bartow County | 23 | $28.4M | 0.9% | 23 | 0 |
| 24 | Jackson County | 22 | $17.1M | 0.9% | 13 | +9 |
| 25 | Bibb County | 21 | $8.0M | 0.8% | 30 | -9 |
| 26 | Lowndes County | 19 | $17.0M | 0.7% | 10 | +9 |
| 27 | Newton County | 18 | $10.1M | 0.7% | 15 | +3 |
| 28 | Walton County | 16 | $5.6M | 0.6% | 27 | -11 |
| 29 | Glynn County | 14 | $13.3M | 0.5% | 17 | -3 |
| 30 | Troup County | 14 | $12.6M | 0.5% | 15 | -1 |
| 31 | Whitfield County | 14 | $8.8M | 0.5% | 6 | +8 |
| 32 | Camden County | 14 | $11.3M | 0.5% | 4 | +10 |
| 33 | Oconee County | 14 | $16.7M | 0.5% | 9 | +5 |
| 34 | Pickens County | 13 | $11.7M | 0.5% | 10 | +3 |
| 35 | Effingham County | 11 | $4.6M | 0.4% | 22 | -11 |
| 36 | Floyd County | 11 | $5.2M | 0.4% | 8 | +3 |
| 37 | Gordon County | 10 | $12.5M | 0.4% | 10 | 0 |
| 38 | Bryan County | 10 | $4.6M | 0.4% | 10 | 0 |
| 39 | Lee County | 9 | $5.0M | 0.4% | 9 | 0 |
| 40 | Lumpkin County | 9 | $5.0M | 0.4% | 4 | +5 |
The 40 counties with the most approvals; every county is on the Georgia page.
FY2025 against FY2024
| Georgia | FY2025 | FY2024 |
|---|---|---|
| 7(a) approvals | 2,374 | 2,032 |
| 7(a) dollars | $1.53bn | $1.30bn |
| Median 7(a) approval | $300K | $250K |
| 504 approvals | 189 | 192 |
| 504 dollars | $268M | $276M |
| Jobs supported, as reported | 26,354 | 25,291 |
Questions and answers
Which lenders made the most SBA loans in Georgia in FY2025?
Northeast Bank (320), Newtek Bank, National Association (220), The Huntington National Bank (187), Readycap Lending, LLC (125), Live Oak Banking Company (87). 188 lenders had at least one approval.
How many SBA loans were approved in Georgia in FY2025?
2,563: 2,374 under 7(a) worth $1.53bn and 189 under 504 worth $268M.
Which Georgia counties had the most SBA approvals in FY2025?
Fulton County (426), Gwinnett County (367), Cobb County (249), DeKalb County (190), Cherokee County (105).
When does FY2025 start and end?
The federal fiscal year 2025 runs from 1 October 2024 to 30 September 2025.
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