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Home » News » Top SBA Lenders – SBA Loans South Carolina

Top SBA Lenders – SBA Loans South Carolina

Published by sbalenders On February 26, 2020

Last annual update: Feb 7, 2021

  Traditional small biz loan inquiry  

  Apply online for a PPP loan today   

South Carolina PPP lenders (loans <$150,000)

RankBank# PPP Loans
1South State Bank5,131
2First-Citizens Bank & Trust Company4,426
3Bank of America4,317
4Kabbage3,501
5Truist Bank d/b/a Branch Banking & Trust Co3,196
6Wells Fargo Bank3,180
7TD Bank1,878
8Synovus Bank1,842
9Celtic Bank Corporation1,798
10Cross River Bank1,669

Big names in banks were among the largest lenders to “The Palmetto State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a hotel, restaurant, auto repair, medical practice, veterinary or pharmacy, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top SBA Lenders in South Carolina:

Most active SBA  lenders in South Carolina

State RankBankBank Headquarters# of LoansAvg LoanAvg Interest
1TD BankWilmington, DE101$105,96410.1%
2Wells FargoSioux Falls, SD72$203,7109.7%
3United Midwest Savings BankDe Graff, OH28$181,2868.1%
4Stearns BankSaint Cloud, MN23$264,8968.0%
5First Home BankSaint Petersburg, FL23$217,6098.0%
6Independence BankEast Greenwich, RI19$139,7377.1%
7CountybankGreenwood, SC15$1,790,8537.2%
8Live OakWilmington, NC15$1,315,6677.3%
9Business Development Corporation of SCColumbia, SC13$241,0157.9%
10United Community BankBlairsville, GA12$447,7087.6%
11BB&TWinston Salem, NC11$1,366,5736.9%
12Pinnacle BankNashville, TN11$772,4187.3%
13Newtek Small Business FinanceLake Success, NY11$375,1368.1%
14Bank of Travelers RestTravelers Rest, SC10$499,6705.9%
15Synovus BankColumbus, GA9$1,547,2896.4%
16First-Citizens Bank & TrustRaleigh, NC9$854,5007.2%
17Aquesta BankCornelius, NC8$995,2237.6%
18Embassy National BankLawrenceville, GA8$840,6256.6%
19Cadence BankAtlanta, GA8$404,6887.8%
20Bank of HopeLos Angeles, CA6$676,1677.0%

  Traditional small biz loan inquiry  

  Apply online for a PPP loan today   

PPP loan activity data: CARES Act from March – August 2020. Does not include 2021 PPP loans.

Categories: News Tags: South Carolina
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Copyright 2021. All rights reserved. Note: We are not part of or affiliated with the Small Business Administration or U.S. Government.
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Top SBA Lenders - SBA Loans South Carolina