SBA 7(a) loans in South Carolina
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data [source] · File as of September 30, 2026 · Loans approved in federal fiscal years 2024–2026 (Oct 2023 – Sept 2026) · Imported November 4, 2026
2,044loans approved
$250,000median loan
$80K–$650Kmiddle half of loans
$1.3Btotal approved
10%median initial rate
10 yrsmedian term
The median South Carolina loan is 43% larger than the national median of $175,000.
Loan sizes
Top industries
| Industry (NAICS) | Loans | Median |
|---|---|---|
| Full-Service Restaurants (722511) | 91 | $350,000 |
| Limited-Service Restaurants (722513) | 84 | $487,000 |
| Hotels (except Casino Hotels) and Motels (721110) | 61 | $2,980,800 |
| Fitness and Recreational Sports Centers (713940) | 57 | $350,000 |
| Residential Remodelers (236118) | 50 | $150,000 |
| Snack and Nonalcoholic Beverage Bars (722515) | 45 | $435,400 |
| Landscaping Services (561730) | 38 | $125,000 |
| Plumbing, Heating, and Air-Conditioning Contractors (238220) | 37 | $178,300 |
| Other Personal Care Services (812199) | 34 | $203,500 |
| All Other Specialty Trade Contractors (238990) | 34 | $250,000 |
Most active lenders in South Carolina
| Lender | Loans | Median | Total |
|---|---|---|---|
| TD Bank, National Association | 312 | $47,500 | $65.4M |
| The Huntington National Bank | 181 | $265,000 | $85.6M |
| Newtek Bank, National Association | 104 | $200,000 | $40.2M |
| Live Oak Banking Company | 102 | $500,000 | $111.9M |
| Wells Fargo Bank National Association | 90 | $20,000 | $16.3M |
| Readycap Lending, LLC | 87 | $50,000 | $21.6M |
| Northeast Bank | 68 | $100,000 | $9.5M |
| Southstate Bank, National Association | 64 | $262,500 | $26.1M |
| First-Citizens Bank & Trust Company | 64 | $500,000 | $65.1M |
| Countybank | 62 | $407,250 | $38.5M |
SBA 504 loans in South Carolina
504 loans finance real estate and major equipment through a Certified Development Company (CDC). Approved FY2024–FY2026, file as of September 30, 2026 [source].
117504 loans approved
$1,055,000median CDC portion
$171.0Mtotal CDC portion
What these 504 amounts cover: only the SBA-backed CDC portion of each project (typically up to 40%). A bank first loan and the borrower's down payment make up the rest, so total project costs are larger.
Most active CDCs in South Carolina
| Lender | Loans | Median | Total |
|---|---|---|---|
| Appalachian Development Corporation | 38 | $778,000 | $46.5M |
| Provident Business Financial Services, INC. | 33 | $1,184,000 | $51.2M |
| Certified Development Corporation of South Carolina | 19 | $1,320,000 | $30.6M |
Starting a business in South Carolina? See how to register your business.
What this data does — and doesn't — tell you
- Approvals, not applications. These are loans SBA approved. The data has no denials, so it cannot tell you your odds of approval.
- Loan size is not startup cost. 7(a) loans also pay for buying existing businesses, real estate, equipment, refinancing and working capital.
- Gross approval amount. Figures are the full approved loan, including the part SBA does not guarantee. Some approved loans are later reduced or never fully disbursed.
- Industry codes are assigned at approval (NAICS) and can be imprecise — a mobile detailer may be coded as a car wash, for example.
- Medians beat averages here: a few very large loans pull averages up. We show the median and the middle half (25th–75th percentile).
- No default rates. Most recent loans are still being repaid, so charge-off rates for these years would be misleading. We don't show them.
- Cancelled loans are excluded, and any group with fewer than 10 loans is hidden. We never publish borrower names.
- Lender counts aren't a quality rating. Big national lenders make many small loans; local lenders may know your market better. Talk to several, or use SBA Lender Match.