States › South Carolina › FY2019
FY20191 Oct 2018 – 30 Sep 2019
SBA loans in South Carolina, FY2019
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 FY2019 (1 October 2018 to 30 September 2019) SBA approved 593 loans in South Carolina: 542 under 7(a) and 51 under 504, worth $346M.
That is about level with FY2018, when there were 607 approvals worth $346M.
South Carolina accounted for 1.0% of the 58,006 approvals nationwide that year. 90 lenders had at least one approval in the state; TD Bank, National Association had the most, 115.
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 FY2019, of 90 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 7(a) | 115 | $12.4M | 19.4% | 148 | -33 |
| 2 | Wells Fargo Bank National Association | 7(a) | 63 | $14.5M | 10.6% | 66 | -3 |
| 3 | Pinnacle Bank | 7(a) | 23 | $28.5M | 3.9% | 25 | -2 |
| 4 | Provident Business Financial Services, Inc. | 504 | 23 | $19.1M | 3.9% | 11 | +12 |
| 5 | BayFirst National Bank | 7(a) | 23 | $6.0M | 3.9% | 14 | +9 |
| 6 | United Community Bank | 7(a) | 21 | $12.6M | 3.5% | 29 | -8 |
| 7 | Stearns Bank National Association | 7(a) | 20 | $5.7M | 3.4% | 14 | +6 |
| 8 | Countybank | 7(a) | 19 | $33.4M | 3.2% | 4 | +15 |
| 9 | Live Oak Banking Company | 7(a) | 18 | $17.2M | 3.0% | 13 | +5 |
| 10 | United Midwest Savings Bank National Association | 7(a) | 15 | $2.7M | 2.5% | 14 | +1 |
| 11 | Northeast Bank | 7(a) | 14 | $1.9M | 2.4% | 11 | +3 |
| 12 | Newtek Small Business Finance, Inc. | 7(a) | 13 | $3.9M | 2.2% | 7 | +6 |
| 13 | Truist Bank | 7(a) | 12 | $13.3M | 2.0% | 21 | -9 |
| 14 | First-Citizens Bank & Trust Company | 7(a) | 11 | $9.4M | 1.9% | 10 | +1 |
| 15 | Appalachian Development Corporation | 504 | 11 | $9.2M | 1.9% | 8 | +3 |
| 16 | Business Development Corporation of South Carolina | 7(a) | 10 | $3.8M | 1.7% | 14 | -4 |
| 17 | Independence Bank | 7(a) | 9 | $1.4M | 1.5% | 14 | -5 |
| 18 | The Huntington National Bank | 7(a) | 8 | $8.2M | 1.3% | 9 | -1 |
| 19 | Regions Bank | 7(a) | 8 | $5.6M | 1.3% | 8 | 0 |
| 20 | Bank of Travelers Rest | 7(a) | 8 | $4.5M | 1.3% | 9 | -1 |
| 21 | Readycap Lending, LLC | 7(a) | 7 | $7.1M | 1.2% | 5 | +2 |
| 22 | Certified Development Corporation of South Carolina | 504 | 7 | $3.8M | 1.2% | 4 | +3 |
| 23 | Embassy National Bank | 7(a) | 6 | $4.9M | 1.0% | 2 | +4 |
| 24 | SouthState Bank, National Association | 7(a) | 5 | $6.3M | 0.8% | 4 | +1 |
| 25 | Citizens Bank | 7(a) | 5 | $5.0M | 0.8% | 2 | +3 |
| 26 | Bank of Hope | 7(a) | 5 | $3.8M | 0.8% | 0 | new |
| 27 | Catawba Regional Development Corporation | 504 | 4 | $3.7M | 0.7% | 0 | new |
| 28 | CSRA Local Development Corporation | 504 | 4 | $3.6M | 0.7% | 1 | +3 |
| 29 | Metro City Bank | 7(a) | 4 | $2.8M | 0.7% | 3 | +1 |
| 30 | First Bank | 7(a) | 4 | $2.1M | 0.7% | 3 | +1 |
| 31 | Capital Bank, National Association | 7(a) | 4 | $906K | 0.7% | 3 | +1 |
| 32 | Five Star Bank | 7(a) | 4 | $850K | 0.7% | 4 | 0 |
| 33 | PromiseOne Bank | 7(a) | 3 | $4.8M | 0.5% | 4 | -1 |
| 34 | Coastal Carolina National Bank | 7(a) | 3 | $3.6M | 0.5% | 1 | +2 |
| 35 | TowneBank | 7(a) | 3 | $3.0M | 0.5% | 0 | new |
| 36 | The Citizens Bank | 7(a) | 3 | $2.7M | 0.5% | 0 | new |
| 37 | First Horizon Bank | 7(a) | 3 | $1.6M | 0.5% | 1 | +2 |
| 38 | Ameris Bank | 7(a) | 3 | $1.3M | 0.5% | 9 | -6 |
| 39 | Bank of America, National Association | 7(a) | 3 | $696K | 0.5% | 2 | +1 |
| 40 | First Financial Bank | 7(a) | 3 | $548K | 0.5% | 2 | +1 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|
| 1 | Greenville County | 110 | $53.6M | 18.5% | 93 | +17 |
| 2 | Charleston County | 87 | $56.3M | 14.7% | 82 | +5 |
| 3 | Horry County | 50 | $20.5M | 8.4% | 44 | +6 |
| 4 | York County | 36 | $16.5M | 6.1% | 53 | -17 |
| 5 | Lexington County | 33 | $15.5M | 5.6% | 36 | -3 |
| 6 | Spartanburg County | 30 | $18.6M | 5.1% | 21 | +9 |
| 7 | Richland County | 29 | $20.3M | 4.9% | 33 | -4 |
| 8 | Beaufort County | 28 | $18.5M | 4.7% | 42 | -14 |
| 9 | Berkeley County | 25 | $14.2M | 4.2% | 22 | +3 |
| 10 | Dorchester County | 20 | $6.4M | 3.4% | 14 | +6 |
| 11 | Anderson County | 18 | $9.2M | 3.0% | 38 | -20 |
| 12 | Lancaster County | 18 | $13.1M | 3.0% | 14 | +4 |
| 13 | Aiken County | 12 | $8.8M | 2.0% | 8 | +4 |
| 14 | Florence County | 12 | $12.0M | 2.0% | 11 | +1 |
| 15 | Orangeburg County | 10 | $8.5M | 1.7% | 5 | +5 |
| 16 | Oconee County | 10 | $6.1M | 1.7% | 4 | +6 |
| 17 | Laurens County | 10 | $4.5M | 1.7% | 6 | +4 |
| 18 | Pickens County | 8 | $3.8M | 1.3% | 20 | -12 |
| 19 | Georgetown County | 7 | $6.6M | 1.2% | 2 | +5 |
| 20 | Newberry County | 5 | $2.2M | 0.8% | 4 | +1 |
| 21 | Jasper County | 5 | $6.8M | 0.8% | 6 | -1 |
| 22 | Greenwood County | 4 | $795K | 0.7% | 4 | 0 |
| 23 | Kershaw County | 3 | $3.0M | 0.5% | 9 | -6 |
| 24 | Calhoun County | 3 | $4.3M | 0.5% | 1 | +2 |
| 25 | Chester County | 3 | $1.6M | 0.5% | 0 | new |
| 26 | Colleton County | 2 | — | 0.3% | 4 | -2 |
| 27 | Edgefield County | 2 | — | 0.3% | 1 | +1 |
| 28 | Sumter County | 2 | — | 0.3% | 6 | -4 |
| 29 | Barnwell County | 2 | — | 0.3% | 0 | new |
| 30 | Hampton County | 2 | — | 0.3% | 2 | 0 |
| 31 | Saluda County | 1 | — | 0.2% | 0 | new |
| 32 | Cherokee County | 1 | — | 0.2% | 5 | -4 |
| 33 | Darlington County | 1 | — | 0.2% | 3 | -2 |
| 34 | Chesterfield County | 1 | — | 0.2% | 4 | -3 |
| 35 | Marion County | 1 | — | 0.2% | 4 | -3 |
| 36 | Clarendon County | 1 | — | 0.2% | 2 | -1 |
| 37 | Bamberg County | 1 | — | 0.2% | 1 | 0 |
FY2019 against FY2018
| South Carolina | FY2019 | FY2018 |
|---|---|---|
| 7(a) approvals | 542 | 578 |
| 7(a) dollars | $305M | $310M |
| Median 7(a) approval | $217K | $150K |
| 504 approvals | 51 | 29 |
| 504 dollars | $40.7M | $36.7M |
| Jobs supported, as reported | 6,158 | 6,358 |
Questions and answers
Which lenders made the most SBA loans in South Carolina in FY2019?
TD Bank, National Association (115), Wells Fargo Bank National Association (63), Pinnacle Bank (23), Provident Business Financial Services, Inc. (23), BayFirst National Bank (23). 90 lenders had at least one approval.
How many SBA loans were approved in South Carolina in FY2019?
593: 542 under 7(a) worth $305M and 51 under 504 worth $40.7M.
Which South Carolina counties had the most SBA approvals in FY2019?
Greenville County (110), Charleston County (87), Horry County (50), York County (36), Lexington County (33).
When does FY2019 start and end?
The federal fiscal year 2019 runs from 1 October 2018 to 30 September 2019.
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