SBA Ledger

States › South Carolina › FY2022

FY20221 Oct 2021 – 30 Sep 2022

SBA loans in South Carolina, FY2022

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 FY2022 (1 October 2021 to 30 September 2022) SBA approved 622 loans in South Carolina: 562 under 7(a) and 60 under 504, worth $424M.

That is about level with FY2021, when there were 633 approvals worth $617M.

South Carolina accounted for 1.1% of the 56,932 approvals nationwide that year. 95 lenders had at least one approval in the state; TD Bank, National Association had the most, 79.

622approvalsFY2021: 633
$424Mdollars approvedFY2021: $617M
$291Kmedian 7(a) approvalFY2021: $528K
95lenders with an approval
8,019jobs 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 FY2022, of 95 active.

#LenderProgramApprovalsDollarsShare of stateFY2021Change
1TD Bank, National Association7(a)79$9.7M12.7%61+18
2Wells Fargo Bank National Association7(a)55$14.0M8.8%41+14
3The Huntington National Bank7(a)37$12.8M5.9%23+14
4Newtek Small Business Finance, Inc.7(a)34$15.2M5.5%21+13
5Countybank7(a)33$25.9M5.3%35-2
6Live Oak Banking Company7(a)32$33.2M5.1%38-6
7Pinnacle Bank7(a)28$27.8M4.5%33-5
8Provident Business Financial Services, Inc.50423$28.6M3.7%30-7
9SouthState Bank, National Association7(a)23$14.4M3.7%230
10Readycap Lending, LLC7(a)18$11.5M2.9%10+8
11United Midwest Savings Bank National Association7(a)18$5.2M2.9%31-13
12Appalachian Development Corporation50416$18.9M2.6%160
13Certified Development Corporation of South Carolina50413$22.2M2.1%16-3
14BayFirst National Bank7(a)11$2.6M1.8%3+8
15Truist Bank7(a)10$9.4M1.6%7+3
16Business Development Corporation of South Carolina7(a)10$3.4M1.6%3+7
17Bank of America, National Association7(a)9$1.9M1.4%1+8
18Celtic Bank Corporation7(a)8$7.5M1.3%7+1
19United Community Bank7(a)8$4.2M1.3%22-14
20First National Bank of Pennsylvania7(a)7$9.6M1.1%6+1
21Bank of Travelers Rest7(a)7$3.7M1.1%15-8
22Citizens Bank7(a)7$3.1M1.1%70
23HomeTrust Bank7(a)6$3.9M1.0%11-5
24Renasant Bank7(a)5$9.2M0.8%0new
25Bank of Oak Ridge7(a)5$3.8M0.8%0new
26The Bancorp Bank National Association7(a)5$2.3M0.8%2+3
27Peoples Bank7(a)4$14.2M0.6%3+1
28GBank7(a)4$8.1M0.6%10-6
29CSRA Local Development Corporation5044$7.2M0.6%6-2
30First Internet Bank of Indiana7(a)4$5.5M0.6%1+3
31First-Citizens Bank & Trust Company7(a)4$3.8M0.6%2+2
32Harvest Small Business Finance, LLC7(a)4$2.6M0.6%40
33Oconee State Bank7(a)3$3.9M0.5%0new
34First Bank of the Lake7(a)3$3.8M0.5%30
35Ameris Bank7(a)3$3.7M0.5%2+1
36Luminate Bank7(a)3$2.1M0.5%0new
37The Fidelity Bank7(a)3$1.3M0.5%0new
381st Financial Bank USA7(a)2—0.3%1+1
39Business Expansion Funding Corporation5042—0.3%4-2
40Colony Bank7(a)2—0.3%0new

Approvals by county

#CountyApprovalsDollarsShare of stateFY2021Change
1Greenville County105$66.8M16.9%109-4
2Charleston County84$58.7M13.5%90-6
3York County49$23.2M7.9%41+8
4Horry County43$21.9M6.9%30+13
5Spartanburg County42$35.2M6.8%34+8
6Lexington County36$30.9M5.8%49-13
7Richland County31$16.8M5.0%42-11
8Beaufort County27$15.9M4.3%35-8
9Anderson County25$21.3M4.0%26-1
10Berkeley County25$21.5M4.0%27-2
11Dorchester County16$7.7M2.6%19-3
12Pickens County16$7.2M2.6%10+6
13Oconee County13$3.0M2.1%8+5
14Laurens County12$8.6M1.9%9+3
15Florence County10$3.1M1.6%9+1
16Aiken County9$6.0M1.4%13-4
17Greenwood County8$10.0M1.3%2+6
18Jasper County7$16.2M1.1%4+3
19Kershaw County6$6.4M1.0%3+3
20Chesterfield County6$3.6M1.0%1+5
21Orangeburg County5$10.5M0.8%3+2
22Calhoun County5$7.0M0.8%0new
23Georgetown County5$3.1M0.8%11-6
24Sumter County4$1.1M0.6%7-3
25Lancaster County4$805K0.6%14-10
26Abbeville County3$846K0.5%0new
27Saluda County3$1.4M0.5%1+2
28Cherokee County3$3.3M0.5%6-3
29Lee County2—0.3%0new
30Newberry County2—0.3%8-6
31Colleton County2—0.3%20
32Chester County2—0.3%3-1
33Fairfield County2—0.3%1+1
34Darlington County2—0.3%20
35Marlboro County2—0.3%0new
36Marion County2—0.3%20
37Union County1—0.2%2-1
38Barnwell County1—0.2%0new
39Williamsburg County1—0.2%2-1
40Clarendon County1—0.2%10

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

FY2022 against FY2021

South CarolinaFY2022FY2021
7(a) approvals562556
7(a) dollars$343M$542M
Median 7(a) approval$291K$528K
504 approvals6077
504 dollars$81.6M$75.3M
Jobs supported, as reported8,0199,128

Questions and answers

Which lenders made the most SBA loans in South Carolina in FY2022?

TD Bank, National Association (79), Wells Fargo Bank National Association (55), The Huntington National Bank (37), Newtek Small Business Finance, Inc. (34), Countybank (33). 95 lenders had at least one approval.

How many SBA loans were approved in South Carolina in FY2022?

622: 562 under 7(a) worth $343M and 60 under 504 worth $81.6M.

Which South Carolina counties had the most SBA approvals in FY2022?

Greenville County (105), Charleston County (84), York County (49), Horry County (43), Spartanburg County (42).

When does FY2022 start and end?

The federal fiscal year 2022 runs from 1 October 2021 to 30 September 2022.

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