SHANE PIERSON · SBA DATA
SBA Lending by State · South Carolina

SBA Lending in South Carolina

South Carolina is the #2 fastest-growing SBA market in the country, up 43% between the 2010s and 2020s.

14,446
Total SBA loans
$6.8B
Approved dollars
3.1
Loans per 1,000 businesses / yr
+43%
Growth, 2010s to 2020s
6.1%
Active-status distress
#37
Rank, national volume
#51
Rank, loans per business

Every SBA 7(a) and 504 approval recorded for South Carolina since 1991 sits in the public federal file. South Carolina accounts for 14,446 of them, worth $6.8B, split 12,982 under 7(a) and 1,464 under 504. Roughly 19% of 7(a) approvals went to startups and new businesses.

Top industries funded in South Carolina

  • Retail1,863 loans · $642M
  • Food & Lodging1,852 loans · $1.6B
  • Personal Services1,220 loans · $411M
  • Other1,181 loans · $317M
  • Construction1,063 loans · $301M
  • Healthcare1,062 loans · $495M

Program mix

12,982
7(a) loans
1,464
504 loans
19%
To startups & new businesses
81%
To existing businesses

SBA lending by city in South Carolina

See South Carolina on the interactive map

Drill South Carolina to the zip-code level, see its top lenders, and shade it by growth, dollars, or distress.

Explore South Carolina on the map ↗

Loan counts and dollars cover SBA 7(a) and 504, approved and not cancelled, gross basis. Growth, active-status distress, per-business rates, industries, and startup share describe the 7(a) book. Approval is not funding. FOIA record as of March 31, 2026. Methodology.

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