SBA 7(a) lenders in Effingham, GA

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

38 institutions have SBA 7(a) loans on record in Effingham, together $50.5M across 108 loans. Bank of Newington is the largest, with 12% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Bank of Newington	12	$6.0M	11.8%	20.62%
2	Pineland Bank	4	$4.9M	9.7%	0.00%
3	The Huntington National Bank	8	$4.5M	8.8%	0.00%
4	Byline Bank	1	$3.9M	7.8%	0.00%
5	Newtek Bank, National Association	2	$3.1M	6.1%	0.00%
6	South Georgia Bank	1	$3.1M	6.1%	0.00%
7	Cogent Bank	1	$2.7M	5.3%	0.00%
8	First National Bank of Pennsylvania	1	$2.6M	5.1%	0.00%
9	Truist Bank	11	$2.0M	3.9%	6.64%
10	Ameris Bank	1	$1.9M	3.8%	0.00%
11	Pinnacle Bank	3	$1.7M	3.3%	0.00%
12	United Community Bank	3	$1.3M	2.6%	0.00%
13	CIBC Bank USA	1	$1.2M	2.3%	0.00%
14	Colony Bank	2	$1.1M	2.3%	0.00%
15	Small Business Assistance Corporation	6	$1.0M	2.0%	0.00%
16	JPMorgan Chase Bank, National Association	4	$867K	1.7%	0.00%
17	Bank of Oak Ridge	1	$843K	1.7%	0.00%
18	SouthState Bank, National Association	3	$750K	1.5%	13.25%
19	Bank of Dudley	1	$675K	1.3%	0.00%
20	Renasant Bank	1	$667K	1.3%	0.00%
21	Citizens Bank	1	$657K	1.3%	0.00%
22	First Financial Bank	1	$565K	1.1%	0.00%
23	Live Oak Banking Company	1	$550K	1.1%	0.00%
24	Celtic Bank Corporation	3	$501K	1.0%	24.39%
25	Coastal Area District Development Authority, Inc.	2	$500K	1.0%	0.00%
26	BayFirst National Bank	4	$497K	1.0%	0.00%
27	TD Bank, National Association	2	$473K	0.9%	0.00%
28	Great Oaks Bank	1	$442K	0.9%	0.00%
29	BankSouth	1	$300K	0.6%	0.00%
30	United Midwest Savings Bank National Association	2	$300K	0.6%	0.00%
31	Readycap Lending, LLC	3	$252K	0.5%	0.00%
32	Northeast Bank	3	$206K	0.4%	0.00%
33	Independence Bank	1	$150K	0.3%	64.37%
34	Bank of America, National Association	2	$130K	0.3%	21.97%
35	Wells Fargo Bank National Association	9	$115K	0.2%	0.00%
36	Stearns Bank National Association	1	$73K	0.1%	0.00%
37	Zions Bank, A Division of	1	$50K	0.1%	0.00%
38	VelocitySBA, LLC	3	$50K	0.1%	17.82%

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

What the money went into

Rank	Industry	Loans	Approved	Share of county
1	Retail trade	8	$12.2M	24.1%
2	Construction	20	$8.2M	16.2%
3	Professional & technical services	11	$5.5M	10.9%
4	Other services	12	$5.3M	10.5%
5	Real estate & leasing	6	$4.0M	7.8%
6	Accommodation & food services	7	$3.7M	7.3%
7	Administrative & waste services	11	$3.2M	6.3%
8	Health care & social assistance	7	$3.1M	6.1%
9	Transportation & warehousing	13	$1.8M	3.5%
10	Transportation & warehousing	2	$1.2M	2.4%
11	Retail trade	4	$912K	1.8%
12	Arts, entertainment & recreation	1	$565K	1.1%
13	Mining & extraction	1	$452K	0.9%
14	Finance & insurance	1	$248K	0.5%
15	Manufacturing	2	$160K	0.3%
16	Manufacturing	1	$153K	0.3%
17	Agriculture, forestry & fishing	1	$25K	0.0%

Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.

About this data

Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.