SBA Loans – Atlanta

Last update: Apr 18, 2024

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Top SBA Lenders in Atlanta

RankSBA LenderHeadquarters# Loans Avg LoanAvg Interest
1BayFirst National BankSaint Petersburg, FL18 $178,20612.0%
2United Midwest Savings BankDe Graff, OH14 $382,85710.8%
3JPMorgan Chase BankColumbus, OH9 $224,66710.3%
4SouthState BankWinter Haven, FL7 $423,57110.7%
5Huntington BankColumbus, OH6 $477,98310.7%
6Newtek BankMiami, FL6 $360,50012.5%
7Noah BankMiami, FL6 $360,50012.5%
8Wells FargoSioux Falls, SD6 $224,51712.2%
9Byline BankChicago, IL5 $585,00010.5%
10Truist BankCharlotte, NC4 $442,85010.4%

Top Industries for SBA Loans in Atlanta

RankIndustry# Loans Avg LoanAvg Interest
1Full-Service Restaurants20 $784,22510.6%
2Residential Remodelers6 $830,60010.3%
3Offices of Physicians (except Mental Health Specialists)4 $726,50010.7%
4Insurance Agencies and Brokerages4 $667,50010.5%
5Limited-Service Restaurants4 $492,17510.3%
6General Freight Trucking, Local4 $210,35011.4%
7Marketing Consulting Services4 $106,50010.8%
8Interior Design Services3 $166,66710.9%
9Other Computer Related Services3 $133,33311.9%
10Residential Property Managers3 $120,00011.3%

Atlanta is a hub for small businesses in the southeast region of the United States, and the Small Business Administration’s (SBA) 7(a) loan program has played a significant role in supporting their growth and success. The small business ecosystem in Atlanta is vibrant and diverse, with a mix of startups, established businesses, and entrepreneurial support organizations driving growth and innovation across a range of industries.

Atlanta has long been known as a hub for technology and innovation, with companies like Coca-Cola, Delta Airlines, and UPS all calling the city home. More recently, Atlanta has also emerged as a hotspot for startups and entrepreneurship, with a thriving startup scene and a number of incubators, accelerators, and co-working spaces providing support for early-stage companies.

In addition to technology and innovation, Atlanta is also home to a number of other thriving industries, including healthcare, logistics, hospitality, and entertainment. Small businesses in these industries have been able to leverage the resources and support available in the city to start and grow their companies, contributing to the overall economic vibrancy of the region.

One of the strengths of the small business ecosystem in Atlanta is the presence of a strong network of entrepreneurial support organizations. Organizations like the Metro Atlanta Chamber, the Atlanta Small Business Network, and Invest Atlanta provide resources, mentorship, and funding to entrepreneurs at all stages of the business lifecycle, helping to ensure that small businesses in Atlanta have the tools and support they need to succeed.

In Atlanta, the impact of the 7(a) program can be seen across a variety of industries. From technology and healthcare to retail and hospitality, small businesses in Atlanta have been able to access the capital they need to compete and grow in their respective industries. This has led to the creation of new jobs, the expansion of existing businesses, and increased economic activity in the city.

Small business loans in Atlanta are available from many SBA lenders. Here are the most active Atlanta SBA lenders:

Many entrepreneurs search for “business loans near me” or “SBA lenders near me,” but the reality is often times the best banks for Atlanta SBA loans are not local but national SBA preferred lenders. Connect with us and we can connect you today with local or national SBA banks that are small business loan experts.

There are many organizations in Atlanta that provide consultation and support to small businesses looking for financing and assistance with growing their businesses. Some of these organizations include:

Atlanta Small Business Loan Resources

  1. SCORE Atlanta: SCORE is a national organization that provides free business advice and mentoring to entrepreneurs. The Atlanta chapter offers workshops, webinars, and one-on-one mentoring to small business owners in the Atlanta area.
  2. Small Business Development Center (SBDC): The SBDC is a national network of centers that provide consulting and training to small businesses. The Georgia SBDC has several offices throughout the state, including one in Atlanta, and offers a range of services, including help with financing and business planning.
  3. Invest Atlanta: Invest Atlanta is the economic development agency for the city of Atlanta. They offer a variety of services to businesses, including access to capital, technical assistance, and incentives for businesses that are expanding or relocating to Atlanta.
  4. Georgia Department of Economic Development (GDEcD): The GDEcD provides a range of services to businesses in Georgia, including help with site selection, workforce development, and access to financing. They also have a small business team that provides support and resources to entrepreneurs and small business owners.
  5. Atlanta Wealth Building Initiative (AWBI): The AWBI is a non-profit organization that focuses on providing resources and support to small businesses in underserved communities. They offer business coaching, access to capital, and other resources to help small businesses grow and thrive.

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