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

SBA Lending in Charleston, South Carolina

Businesses in Charleston, SC have drawn 801 SBA 7(a) loans worth $310M, 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
10.0%
Active-loan distress

Charleston is the #3 SBA 7(a) market in South Carolina and #270 in the country. Since 1991 lenders have approved 801 loans here worth $310M, averaging $386,671 each. Annual approval volume has grown 10% between FY2013-2019 and FY2020-2026. 10.0% of the active book is delinquent, past due, or in liquidation. The most-funded local business type 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. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026.