927 SBA 7(a) loans were approved in South Carolina last year

$506M in approvals across 18 industry sectors in fiscal year 2025. Below: which sectors got funded, how much a typical approval was, and how long the lenders wrote the paper for.

Build a plan for South Carolina — free preview$299 one time. Your plan cites this data for your own industry.

What got funded, by sector

Every approved 7(a) loan carries an industry code. Grouped at the sector level, this is where South Carolina's SBA money went in FY2025.

SectorLoansLendersMedian approvalMedian term
Accommodation and food services14551$578,000120 mo
Construction12933$150,000120 mo
Other services (except public administration)10441$310,000120 mo
Retail trade9924$174,000120 mo
Professional, scientific and technical services7627$150,000120 mo
Health care and social assistance7331$212,500120 mo
Administrative, support and waste management services6420$97,500120 mo
Transportation and warehousing5214$100,000120 mo
Manufacturing429$396,900120 mo
Arts, entertainment and recreation4124$260,100120 mo
Wholesale trade2814$184,550120 mo
Real estate, rental and leasing2716$250,000120 mo
Educational services1310$150,000120 mo
Finance and insurance1310$150,000120 mo
Agriculture, forestry, fishing and hunting1310$150,000120 mo
Information65$200,000120 mo
Mining, quarrying, and oil and gas extraction11$50,000120 mo
Utilities11$20,000120 mo

Medians are per sector and are not averaged together — a median cannot be added up. Sector counts partition the year: they sum to the 927 approvals above, with no loan counted twice.

South Carolina industries in detail

Where the data is thick enough to name lenders and show the spread of approvals, there is a page for the industry itself.

Lenders active across South Carolina

These names come up at the top of several sectors in South Carolina. It is a picture of who is lending here — not a ranking: the published file lists the leading lenders of each sector, so a bank strong in one single sector can be missing from this view.

TD Bank, National Association18 sectorsNortheast Bank19 sectorsThe Huntington National Bank13 sectorsNewtek Bank, National Association15 sectorsLive Oak Banking Company11 sectorsWells Fargo Bank National Association12 sectorsReadycap Lending, LLC7 sectorsBayFirst National Bank9 sectorsPinnacle Bank8 sectorsUnited Midwest Savings Bank National Association7 sectorsLendistry SBLC, LLC6 sectorsCountybank6 sectors

Where this comes from

U.S. Small Business Administration, FOIA 7(a) and 504 loan approval data (data.sba.gov), as published on 2026-06-30. Fiscal year 2025 is the last complete one; the year in progress is excluded so the figures do not move under you. All our sources.

This page reports approvals. It says nothing about applications that were declined, and it is not a prediction about yours. This site is not affiliated with, endorsed by, or approved by the U.S. Small Business Administration.

Other states

Your plan can cite these numbers

Every plan we build pulls this data for your own state and industry, positions your request against what actually got approved, and computes the coverage ratio your deal is held to — before you pay.

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