States › South Carolina › FY2017
FY20171 Oct 2016 – 30 Sep 2017
SBA loans in South Carolina, FY2017
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 FY2017 (1 October 2016 to 30 September 2017) SBA approved 549 loans in South Carolina: 515 under 7(a) and 34 under 504, worth $388M.
That is about level with FY2016, when there were 518 approvals worth $280M.
South Carolina accounted for 0.8% of the 68,648 approvals nationwide that year. 81 lenders had at least one approval in the state; TD Bank, National Association had the most, 109.
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 FY2017, of 81 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 7(a) | 109 | $15.0M | 19.9% | 40 | +69 |
| 2 | Wells Fargo Bank National Association | 7(a) | 74 | $13.8M | 13.5% | 159 | -85 |
| 3 | Live Oak Banking Company | 7(a) | 36 | $66.7M | 6.6% | 20 | +16 |
| 4 | Pinnacle Bank | 7(a) | 36 | $43.4M | 6.6% | 26 | +10 |
| 5 | Truist Bank | 7(a) | 24 | $11.3M | 4.4% | 26 | -2 |
| 6 | United Community Bank | 7(a) | 20 | $19.0M | 3.6% | 17 | +3 |
| 7 | Celtic Bank Corporation | 7(a) | 20 | $4.8M | 3.6% | 22 | -2 |
| 8 | Provident Business Financial Services, Inc. | 504 | 15 | $10.8M | 2.7% | 9 | +6 |
| 9 | Stearns Bank National Association | 7(a) | 11 | $3.2M | 2.0% | 13 | -2 |
| 10 | BayFirst National Bank | 7(a) | 11 | $3.1M | 2.0% | 10 | +1 |
| 11 | Independence Bank | 7(a) | 11 | $975K | 2.0% | 1 | +10 |
| 12 | First-Citizens Bank & Trust Company | 7(a) | 10 | $6.6M | 1.8% | 5 | +5 |
| 13 | Business Development Corporation of South Carolina | 7(a) | 10 | $3.4M | 1.8% | 9 | +1 |
| 14 | Bank of Travelers Rest | 7(a) | 8 | $1.5M | 1.5% | 5 | +3 |
| 15 | PromiseOne Bank | 7(a) | 7 | $13.9M | 1.3% | 3 | +4 |
| 16 | Certified Development Corporation of South Carolina | 504 | 7 | $2.4M | 1.3% | 12 | -5 |
| 17 | Ameris Bank | 7(a) | 5 | $9.7M | 0.9% | 6 | -1 |
| 18 | United Bank | 7(a) | 5 | $7.9M | 0.9% | 1 | +4 |
| 19 | Capital Bank, National Association | 7(a) | 5 | $7.8M | 0.9% | 6 | -1 |
| 20 | Metro City Bank | 7(a) | 5 | $4.1M | 0.9% | 4 | +1 |
| 21 | United Midwest Savings Bank National Association | 7(a) | 5 | $610K | 0.9% | 3 | +2 |
| 22 | Northeast Bank | 7(a) | 5 | $375K | 0.9% | 2 | +3 |
| 23 | CSRA Local Development Corporation | 504 | 4 | $7.2M | 0.7% | 3 | +1 |
| 24 | Appalachian Development Corporation | 504 | 4 | $2.4M | 0.7% | 5 | -1 |
| 25 | Fifth Third Bank | 7(a) | 4 | $1.2M | 0.7% | 1 | +3 |
| 26 | Newtek Small Business Finance, Inc. | 7(a) | 4 | $686K | 0.7% | 7 | -3 |
| 27 | PNC Bank, National Association | 7(a) | 4 | $215K | 0.7% | 3 | +1 |
| 28 | Commonwealth Business Bank | 7(a) | 3 | $10.1M | 0.5% | 2 | +1 |
| 29 | Embassy National Bank | 7(a) | 3 | $7.8M | 0.5% | 3 | 0 |
| 30 | SouthState Bank, National Association | 7(a) | 3 | $6.4M | 0.5% | 5 | -2 |
| 31 | Citizens Bank | 7(a) | 3 | $6.0M | 0.5% | 0 | new |
| 32 | Countybank | 7(a) | 3 | $5.8M | 0.5% | 0 | new |
| 33 | PCB Bank | 7(a) | 3 | $4.1M | 0.5% | 0 | new |
| 34 | Renasant Bank | 7(a) | 3 | $3.4M | 0.5% | 1 | +2 |
| 35 | Georgia Banking Company | 7(a) | 3 | $2.0M | 0.5% | 1 | +2 |
| 36 | Bank of America, National Association | 7(a) | 3 | $1.2M | 0.5% | 3 | 0 |
| 37 | The Huntington National Bank | 7(a) | 3 | $683K | 0.5% | 4 | -1 |
| 38 | Simmons Bank | 7(a) | 2 | — | 0.4% | 4 | -2 |
| 39 | First Bank | 7(a) | 2 | — | 0.4% | 0 | new |
| 40 | Customers Bank | 7(a) | 2 | — | 0.4% | 0 | new |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|
| 1 | Greenville County | 84 | $45.1M | 15.3% | 85 | -1 |
| 2 | Charleston County | 84 | $49.4M | 15.3% | 66 | +18 |
| 3 | Lexington County | 41 | $35.6M | 7.5% | 31 | +10 |
| 4 | Richland County | 40 | $34.1M | 7.3% | 49 | -9 |
| 5 | Beaufort County | 33 | $21.9M | 6.0% | 31 | +2 |
| 6 | York County | 29 | $14.3M | 5.3% | 45 | -16 |
| 7 | Berkeley County | 28 | $24.8M | 5.1% | 11 | +17 |
| 8 | Anderson County | 24 | $6.8M | 4.4% | 11 | +13 |
| 9 | Horry County | 24 | $21.8M | 4.4% | 31 | -7 |
| 10 | Spartanburg County | 22 | $14.7M | 4.0% | 17 | +5 |
| 11 | Dorchester County | 14 | $5.6M | 2.6% | 8 | +6 |
| 12 | Florence County | 13 | $6.5M | 2.4% | 12 | +1 |
| 13 | Pickens County | 12 | $7.0M | 2.2% | 14 | -2 |
| 14 | Oconee County | 11 | $10.1M | 2.0% | 4 | +7 |
| 15 | Aiken County | 9 | $11.6M | 1.6% | 11 | -2 |
| 16 | Newberry County | 9 | $6.4M | 1.6% | 3 | +6 |
| 17 | Kershaw County | 9 | $679K | 1.6% | 1 | +8 |
| 18 | Orangeburg County | 8 | $11.0M | 1.5% | 7 | +1 |
| 19 | Jasper County | 7 | $5.8M | 1.3% | 4 | +3 |
| 20 | Greenwood County | 6 | $6.2M | 1.1% | 5 | +1 |
| 21 | Sumter County | 6 | $14.7M | 1.1% | 12 | -6 |
| 22 | Lancaster County | 6 | $6.1M | 1.1% | 11 | -5 |
| 23 | Colleton County | 5 | $6.3M | 0.9% | 4 | +1 |
| 24 | Cherokee County | 3 | $2.0M | 0.5% | 2 | +1 |
| 25 | Laurens County | 3 | $3.4M | 0.5% | 5 | -2 |
| 26 | Edgefield County | 2 | — | 0.4% | 3 | -1 |
| 27 | Georgetown County | 2 | — | 0.4% | 9 | -7 |
| 28 | Fairfield County | 2 | — | 0.4% | 1 | +1 |
| 29 | Saluda County | 2 | — | 0.4% | 0 | new |
| 30 | Darlington County | 2 | — | 0.4% | 5 | -3 |
| 31 | Chesterfield County | 2 | — | 0.4% | 3 | -1 |
| 32 | Marion County | 2 | — | 0.4% | 1 | +1 |
| 33 | Dillon County | 2 | — | 0.4% | 1 | +1 |
| 34 | Abbeville County | 1 | — | 0.2% | 1 | 0 |
| 35 | Chester County | 1 | — | 0.2% | 4 | -3 |
| 36 | Barnwell County | 1 | — | 0.2% | 1 | 0 |
FY2017 against FY2016
| South Carolina | FY2017 | FY2016 |
|---|---|---|
| 7(a) approvals | 515 | 484 |
| 7(a) dollars | $357M | $252M |
| Median 7(a) approval | $240K | $166K |
| 504 approvals | 34 | 34 |
| 504 dollars | $31.2M | $27.9M |
| Jobs supported, as reported | 5,466 | 5,080 |
Questions and answers
Which lenders made the most SBA loans in South Carolina in FY2017?
TD Bank, National Association (109), Wells Fargo Bank National Association (74), Live Oak Banking Company (36), Pinnacle Bank (36), Truist Bank (24). 81 lenders had at least one approval.
How many SBA loans were approved in South Carolina in FY2017?
549: 515 under 7(a) worth $357M and 34 under 504 worth $31.2M.
Which South Carolina counties had the most SBA approvals in FY2017?
Greenville County (84), Charleston County (84), Lexington County (41), Richland County (40), Beaufort County (33).
When does FY2017 start and end?
The federal fiscal year 2017 runs from 1 October 2016 to 30 September 2017.
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