States › South Carolina › FY2018
FY20181 Oct 2017 – 30 Sep 2018
SBA loans in South Carolina, FY2018
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 FY2018 (1 October 2017 to 30 September 2018) SBA approved 607 loans in South Carolina: 578 under 7(a) and 29 under 504, worth $346M.
That is up 11% on FY2017, when there were 549 approvals worth $388M.
South Carolina accounted for 0.9% of the 66,228 approvals nationwide that year. 78 lenders had at least one approval in the state; TD Bank, National Association had the most, 148.
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 FY2018, of 78 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2017 | Change |
|---|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 7(a) | 148 | $15.7M | 24.4% | 109 | +39 |
| 2 | Wells Fargo Bank National Association | 7(a) | 66 | $10.5M | 10.9% | 74 | -8 |
| 3 | United Community Bank | 7(a) | 29 | $22.7M | 4.8% | 20 | +9 |
| 4 | Pinnacle Bank | 7(a) | 25 | $16.9M | 4.1% | 36 | -11 |
| 5 | Celtic Bank Corporation | 7(a) | 23 | $9.8M | 3.8% | 20 | +3 |
| 6 | Truist Bank | 7(a) | 21 | $9.3M | 3.5% | 24 | -3 |
| 7 | BayFirst National Bank | 7(a) | 14 | $5.2M | 2.3% | 11 | +3 |
| 8 | Business Development Corporation of South Carolina | 7(a) | 14 | $4.6M | 2.3% | 10 | +4 |
| 9 | Stearns Bank National Association | 7(a) | 14 | $2.5M | 2.3% | 11 | +3 |
| 10 | United Midwest Savings Bank National Association | 7(a) | 14 | $2.4M | 2.3% | 5 | +9 |
| 11 | Independence Bank | 7(a) | 14 | $1.6M | 2.3% | 11 | +3 |
| 12 | Live Oak Banking Company | 7(a) | 13 | $23.4M | 2.1% | 36 | -23 |
| 13 | Provident Business Financial Services, Inc. | 504 | 11 | $11.9M | 1.8% | 15 | -4 |
| 14 | Northeast Bank | 7(a) | 11 | $1.3M | 1.8% | 5 | +6 |
| 15 | First-Citizens Bank & Trust Company | 7(a) | 10 | $5.5M | 1.6% | 10 | 0 |
| 16 | Ameris Bank | 7(a) | 9 | $11.9M | 1.5% | 5 | +4 |
| 17 | The Huntington National Bank | 7(a) | 9 | $7.9M | 1.5% | 3 | +6 |
| 18 | Bank of Travelers Rest | 7(a) | 9 | $2.0M | 1.5% | 8 | +1 |
| 19 | Appalachian Development Corporation | 504 | 8 | $13.1M | 1.3% | 4 | +4 |
| 20 | Regions Bank | 7(a) | 8 | $8.3M | 1.3% | 1 | +7 |
| 21 | Newtek Small Business Finance, Inc. | 7(a) | 7 | $1.7M | 1.2% | 4 | +3 |
| 22 | PNC Bank, National Association | 7(a) | 6 | $8.4M | 1.0% | 4 | +2 |
| 23 | North State Bank | 7(a) | 5 | $12.0M | 0.8% | 1 | +4 |
| 24 | GBank | 7(a) | 5 | $8.4M | 0.8% | 2 | +3 |
| 25 | Readycap Lending, LLC | 7(a) | 5 | $6.6M | 0.8% | 0 | new |
| 26 | Countybank | 7(a) | 4 | $8.0M | 0.7% | 3 | +1 |
| 27 | PromiseOne Bank | 7(a) | 4 | $6.5M | 0.7% | 7 | -3 |
| 28 | Byline Bank | 7(a) | 4 | $5.8M | 0.7% | 1 | +3 |
| 29 | SouthState Bank, National Association | 7(a) | 4 | $3.1M | 0.7% | 3 | +1 |
| 30 | Fifth Third Bank | 7(a) | 4 | $2.7M | 0.7% | 4 | 0 |
| 31 | Certified Development Corporation of South Carolina | 504 | 4 | $2.0M | 0.7% | 7 | -3 |
| 32 | Five Star Bank | 7(a) | 4 | $1.1M | 0.7% | 0 | new |
| 33 | Simmons Bank | 7(a) | 4 | $718K | 0.7% | 2 | +2 |
| 34 | The Bancorp Bank National Association | 7(a) | 3 | $7.1M | 0.5% | 2 | +1 |
| 35 | First Bank | 7(a) | 3 | $5.7M | 0.5% | 2 | +1 |
| 36 | BankUnited, National Association | 7(a) | 3 | $4.8M | 0.5% | 1 | +2 |
| 37 | Evolve Bank and Trust | 7(a) | 3 | $3.3M | 0.5% | 0 | new |
| 38 | Business Expansion Funding Corporation | 504 | 3 | $2.6M | 0.5% | 1 | +2 |
| 39 | Metro City Bank | 7(a) | 3 | $2.2M | 0.5% | 5 | -2 |
| 40 | Capital Bank, National Association | 7(a) | 3 | $1.0M | 0.5% | 5 | -2 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2017 | Change |
|---|---|---|---|---|---|---|
| 1 | Greenville County | 93 | $36.0M | 15.3% | 84 | +9 |
| 2 | Charleston County | 82 | $51.0M | 13.5% | 84 | -2 |
| 3 | York County | 53 | $35.8M | 8.7% | 29 | +24 |
| 4 | Horry County | 44 | $22.8M | 7.2% | 24 | +20 |
| 5 | Beaufort County | 42 | $27.1M | 6.9% | 33 | +9 |
| 6 | Anderson County | 38 | $6.5M | 6.3% | 24 | +14 |
| 7 | Lexington County | 36 | $22.0M | 5.9% | 41 | -5 |
| 8 | Richland County | 33 | $18.3M | 5.4% | 40 | -7 |
| 9 | Berkeley County | 22 | $9.9M | 3.6% | 28 | -6 |
| 10 | Spartanburg County | 21 | $21.1M | 3.5% | 22 | -1 |
| 11 | Pickens County | 20 | $12.0M | 3.3% | 12 | +8 |
| 12 | Dorchester County | 14 | $5.3M | 2.3% | 14 | 0 |
| 13 | Lancaster County | 14 | $7.5M | 2.3% | 6 | +8 |
| 14 | Florence County | 11 | $7.3M | 1.8% | 13 | -2 |
| 15 | Kershaw County | 9 | $1.5M | 1.5% | 9 | 0 |
| 16 | Aiken County | 8 | $8.8M | 1.3% | 9 | -1 |
| 17 | Jasper County | 6 | $8.3M | 1.0% | 7 | -1 |
| 18 | Sumter County | 6 | $2.1M | 1.0% | 6 | 0 |
| 19 | Laurens County | 6 | $6.3M | 1.0% | 3 | +3 |
| 20 | Orangeburg County | 5 | $5.6M | 0.8% | 8 | -3 |
| 21 | Cherokee County | 5 | $6.5M | 0.8% | 3 | +2 |
| 22 | Greenwood County | 4 | $315K | 0.7% | 6 | -2 |
| 23 | Newberry County | 4 | $265K | 0.7% | 9 | -5 |
| 24 | Colleton County | 4 | $6.9M | 0.7% | 5 | -1 |
| 25 | Oconee County | 4 | $4.3M | 0.7% | 11 | -7 |
| 26 | Chesterfield County | 4 | $1.5M | 0.7% | 2 | +2 |
| 27 | Marion County | 4 | $415K | 0.7% | 2 | +2 |
| 28 | Darlington County | 3 | $243K | 0.5% | 2 | +1 |
| 29 | Georgetown County | 2 | — | 0.3% | 2 | 0 |
| 30 | Hampton County | 2 | — | 0.3% | 0 | new |
| 31 | Clarendon County | 2 | — | 0.3% | 0 | new |
| 32 | Union County | 1 | — | 0.2% | 0 | new |
| 33 | Calhoun County | 1 | — | 0.2% | 0 | new |
| 34 | Edgefield County | 1 | — | 0.2% | 2 | -1 |
| 35 | Williamsburg County | 1 | — | 0.2% | 0 | new |
| 36 | Bamberg County | 1 | — | 0.2% | 0 | new |
| 37 | Dillon County | 1 | — | 0.2% | 2 | -1 |
FY2018 against FY2017
| South Carolina | FY2018 | FY2017 |
|---|---|---|
| 7(a) approvals | 578 | 515 |
| 7(a) dollars | $310M | $357M |
| Median 7(a) approval | $150K | $240K |
| 504 approvals | 29 | 34 |
| 504 dollars | $36.7M | $31.2M |
| Jobs supported, as reported | 6,358 | 5,466 |
Questions and answers
Which lenders made the most SBA loans in South Carolina in FY2018?
TD Bank, National Association (148), Wells Fargo Bank National Association (66), United Community Bank (29), Pinnacle Bank (25), Celtic Bank Corporation (23). 78 lenders had at least one approval.
How many SBA loans were approved in South Carolina in FY2018?
607: 578 under 7(a) worth $310M and 29 under 504 worth $36.7M.
Which South Carolina counties had the most SBA approvals in FY2018?
Greenville County (93), Charleston County (82), York County (53), Horry County (44), Beaufort County (42).
When does FY2018 start and end?
The federal fiscal year 2018 runs from 1 October 2017 to 30 September 2018.
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