SBA Ledger

States › South Carolina › FY2016

FY20161 Oct 2015 – 30 Sep 2016

SBA loans in South Carolina, FY2016

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 FY2016 (1 October 2015 to 30 September 2016) SBA approved 518 loans in South Carolina: 484 under 7(a) and 34 under 504, worth $280M.

That is about level with FY2015, when there were 487 approvals worth $298M.

South Carolina accounted for 0.7% of the 70,012 approvals nationwide that year. 71 lenders had at least one approval in the state; Wells Fargo Bank National Association had the most, 159.

518approvalsFY2015: 487
$280Mdollars approvedFY2015: $298M
$166Kmedian 7(a) approvalFY2015: $240K
71lenders with an approval
5,080jobs supported, as reported

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 South Carolina businesses in FY2016, of 71 active.

#LenderProgramApprovalsDollarsShare of stateFY2015Change
1Wells Fargo Bank National Association7(a)159$18.5M30.7%120+39
2TD Bank, National Association7(a)40$8.1M7.7%52-12
3Pinnacle Bank7(a)26$25.7M5.0%18+8
4Truist Bank7(a)26$16.0M5.0%33-7
5Celtic Bank Corporation7(a)22$3.2M4.2%220
6Live Oak Banking Company7(a)20$29.4M3.9%18+2
7United Community Bank7(a)17$9.1M3.3%170
8Stearns Bank National Association7(a)13$3.6M2.5%7+6
9Certified Development Corporation of South Carolina50412$10.3M2.3%13-1
10BayFirst National Bank7(a)10$3.0M1.9%2+8
11Provident Business Financial Services, Inc.5049$8.2M1.7%12-3
12Business Development Corporation of South Carolina7(a)9$3.6M1.7%16-7
13First National Bank of Pennsylvania7(a)8$9.2M1.5%11-3
14First Financial Bank7(a)8$7.5M1.5%3+5
15Newtek Small Business Finance, Inc.7(a)7$4.6M1.4%2+5
16Capital Bank, National Association7(a)6$9.9M1.2%5+1
17Ameris Bank7(a)6$5.0M1.2%7-1
18Regions Bank7(a)6$2.1M1.2%5+1
19SouthState Bank, National Association7(a)5$4.0M1.0%8-3
20Appalachian Development Corporation5045$3.0M1.0%2+3
21First-Citizens Bank & Trust Company7(a)5$2.5M1.0%2+3
22Bank of Travelers Rest7(a)5$671K1.0%3+2
23BankUnited, National Association7(a)4$5.2M0.8%5-1
24Metro City Bank7(a)4$3.0M0.8%40
25Readycap Lending, LLC7(a)4$1.7M0.8%0new
26The Huntington National Bank7(a)4$1.3M0.8%40
27Simmons Bank7(a)4$1.2M0.8%5-1
28Embassy National Bank7(a)3$7.1M0.6%30
29PromiseOne Bank7(a)3$3.4M0.6%4-1
30Firstrust Savings Bank7(a)3$3.0M0.6%1+2
31CSRA Local Development Corporation5043$2.8M0.6%30
32United Midwest Savings Bank National Association7(a)3$1.5M0.6%1+2
33PNC Bank, National Association7(a)3$1.1M0.6%6-3
34Bank of America, National Association7(a)3$746K0.6%2+1
35First Merchants Bank7(a)2—0.4%0new
36American Pride Bank7(a)2—0.4%1+1
37Columbia Bank7(a)2—0.4%20
38Byline Bank7(a)2—0.4%0new
39First Western SBLC, LLC7(a)2—0.4%0new
40Northeast Bank7(a)2—0.4%0new

Approvals by county

#CountyApprovalsDollarsShare of stateFY2015Change
1Greenville County85$30.6M16.4%78+7
2Charleston County66$29.2M12.7%68-2
3Richland County49$22.5M9.5%35+14
4York County45$25.1M8.7%16+29
5Lexington County31$16.7M6.0%310
6Beaufort County31$13.3M6.0%29+2
7Horry County31$16.8M6.0%33-2
8Spartanburg County17$13.4M3.3%19-2
9Pickens County14$4.4M2.7%10+4
10Florence County12$6.2M2.3%15-3
11Sumter County12$8.9M2.3%3+9
12Aiken County11$8.4M2.1%12-1
13Anderson County11$3.3M2.1%13-2
14Berkeley County11$5.6M2.1%22-11
15Lancaster County11$7.8M2.1%110
16Georgetown County9$3.6M1.7%2+7
17Dorchester County8$2.4M1.5%15-7
18Orangeburg County7$10.6M1.4%8-1
19Greenwood County5$7.3M1.0%6-1
20Darlington County5$3.0M1.0%1+4
21Laurens County5$671K1.0%6-1
22Jasper County4$5.6M0.8%7-3
23Colleton County4$3.2M0.8%3+1
24Chester County4$3.1M0.8%2+2
25Oconee County4$1.6M0.8%40
26Newberry County3$1.5M0.6%2+1
27Allendale County3$3.5M0.6%0new
28Edgefield County3$667K0.6%4-1
29Chesterfield County3$1.9M0.6%1+2
30Cherokee County2—0.4%5-3
31Williamsburg County2—0.4%0new
32Clarendon County2—0.4%3-1
33Abbeville County1—0.2%0new
34Union County1—0.2%2-1
35Kershaw County1—0.2%4-3
36Fairfield County1—0.2%0new
37Barnwell County1—0.2%2-1
38Marion County1—0.2%2-1
39Hampton County1—0.2%10
40Dillon County1—0.2%10

The 40 counties with the most approvals; every county is on the South Carolina page.

FY2016 against FY2015

South CarolinaFY2016FY2015
7(a) approvals484451
7(a) dollars$252M$276M
Median 7(a) approval$166K$240K
504 approvals3436
504 dollars$27.9M$22.3M
Jobs supported, as reported5,0807,162

Questions and answers

Which lenders made the most SBA loans in South Carolina in FY2016?

Wells Fargo Bank National Association (159), TD Bank, National Association (40), Pinnacle Bank (26), Truist Bank (26), Celtic Bank Corporation (22). 71 lenders had at least one approval.

How many SBA loans were approved in South Carolina in FY2016?

518: 484 under 7(a) worth $252M and 34 under 504 worth $27.9M.

Which South Carolina counties had the most SBA approvals in FY2016?

Greenville County (85), Charleston County (66), Richland County (49), York County (45), Lexington County (31).

When does FY2016 start and end?

The federal fiscal year 2016 runs from 1 October 2015 to 30 September 2016.

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