In fiscal years 2021–2026, 283 lenders made 10,361 SBA loans in Georgia, totaling $7.8 billion. The average loan was $749,492, and 40% went to startups or businesses under two years old.
By program: 8,815 7(a) loans, 1,546 SBA Express and 0 504 (counting both the CDC and partner bank on each project).
Top 10 most active SBA lenders in Georgia
| # | Lender | SBA loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank Columbus, OH | 761 | $474,226 | 66% | 7(a), Express |
| 2 | Newtek Bank, National Association Miami, FL | 638 | $391,336 | 22% | 7(a), Express |
| 3 | Wells Fargo Bank National Association Sioux Falls, SD | 561 | $120,863 | 92% | 7(a), Express |
| 4 | Northeast Bank Lewiston, ME | 552 | $148,465 | 10% | 7(a) |
| 5 | Readycap Lending, LLC Berkeley Heights, NJ | 465 | $382,456 | 25% | 7(a), Express |
| 6 | Metro City Bank Doraville, GA | 324 | $2,100,398 | 33% | 7(a) |
| 7 | Live Oak Banking Company Wilmington, NC | 314 | $1,312,508 | 26% | 7(a), Express |
| 8 | BayFirst National Bank Saint Petersburg, FL | 296 | $180,517 | 3% | 7(a) |
| 9 | SouthState Bank, National Association Winter Haven, FL | 284 | $660,674 | 26% | 7(a), Express |
| 10 | United Midwest Savings Bank National Association De Graff, OH | 281 | $240,169 | 87% | 7(a) |
Lenders that fund the most startups in Georgia
- Wells Fargo Bank National Association — 514 startup loans (92% of its loans)
- The Huntington National Bank — 502 startup loans (66% of its loans)
- United Midwest Savings Bank National Association — 245 startup loans (87% of its loans)
- Newtek Bank, National Association — 142 startup loans (22% of its loans)
- Readycap Lending, LLC — 118 startup loans (25% of its loans)
SBA loans by industry in Georgia
- Restaurants & Lodging1,718 loans
- Retail Stores1,525 loans
- Health Care1,096 loans
- Personal Services & Repair998 loans
- Professional Services956 loans
- Construction880 loans
- Cleaning, Landscaping & Admin621 loans
- Manufacturing478 loans
- Trucking & Transportation475 loans
- Wholesale & Distribution385 loans
- Fitness & Entertainment355 loans
- Real Estate & Rental218 loans
- Agriculture & Fishing179 loans
- Education & Childcare170 loans
- Media & Technology86 loans
Related guides
Frequently asked questions
Which lenders make the most SBA loans in Georgia?
Based on public SBA data for fiscal years 2021–2026, the most active were The Huntington National Bank, Newtek Bank, National Association, Wells Fargo Bank National Association. Also compare their average loan size and how much they lend to startups.
How many SBA loans were made in Georgia?
10,361 SBA loans totaling $7.8 billion in fiscal years 2021–2026, with an average of $749,492.
Can I get an SBA loan in Georgia with a green card?
No. Since March 2026, all owners must be U.S. citizens or nationals for SBA 7(a) and 504 loans. CDFIs and some credit unions are good alternatives.
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Data: approved loans published by the SBA. Past lending does not guarantee your approval. We are not a lender and are not affiliated with the SBA.