SHANE PIERSON · SBA DATA
SBA by City · Charleston, SC

SBA Lending in Charleston, South Carolina

The SBA FOIA record lists 801 7(a) approvals worth $310M for businesses in Charleston, SC, and annual volume has grown 10% versus the prior decade.

801
7(a) loans
$310M
Approved dollars
$386,671
Average loan size
#3
Rank in South Carolina
+10%
Annualized vs prior decade
5.3%
Active-status distress

Charleston is the #3 SBA 7(a) market in South Carolina and #270 in the country. Since 1991 the FOIA record lists 801 approvals here worth $310M, averaging $386,671 each. Annual approval volume has grown 10% between FY2013-2019 and FY2020-2026. Among 187 active-status loans, 5.3% are delinquent, past due, or in liquidation. The local business type with the most listed records is full-service restaurants.

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7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Active-status distress counts DELINQ, PSTDUE, or LIQUID loans as a share of CURR, DELINQ, PSTDUE, LIQUID, or DEFERD loans. Approval is not funding. FOIA record as of March 31, 2026. Methodology.

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