SBA 7(a) lenders in Morgan, GA
Approvals in SBA fiscal years 2009–2026. Source data as of 2026-06-30.
Lenders
24 institutions have SBA 7(a) loans on record in Morgan, together $29.0M across 37 loans. Greater Nevada CU is the largest, with 17% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Greater Nevada CU | 1 | $5.0M | 17.2% | 0.00% |
| 2 | US Eagle FCU | 1 | $4.2M | 14.4% | 0.00% |
| 3 | First Financial Bank | 7 | $2.9M | 10.0% | 0.00% |
| 4 | Legacy State Bank | 1 | $2.9M | 9.8% | 0.00% |
| 5 | Pinnacle Bank | 2 | $2.0M | 6.8% | 0.00% |
| 6 | Renasant Bank | 2 | $1.4M | 4.9% | 0.00% |
| 7 | Georgia's Own Credit Union | 1 | $1.4M | 4.8% | 0.00% |
| 8 | First National Bank of Pennsylvania | 1 | $1.3M | 4.6% | 0.00% |
| 9 | Oconee State Bank | 1 | $1.2M | 4.1% | 0.00% |
| 10 | Royal Business Bank | 1 | $1.1M | 3.8% | 0.00% |
| 11 | Live Oak Banking Company | 2 | $965K | 3.3% | 0.00% |
| 12 | New Millennium Bank | 1 | $800K | 2.8% | 0.00% |
| 13 | SouthState Bank, National Association | 2 | $546K | 1.9% | 0.00% |
| 14 | United Midwest Savings Bank National Association | 2 | $501K | 1.7% | 0.00% |
| 15 | United Community Bank | 2 | $494K | 1.7% | 0.00% |
| 16 | First Bank of the Lake | 1 | $384K | 1.3% | 0.00% |
| 17 | BayFirst National Bank | 1 | $350K | 1.2% | 0.00% |
| 18 | BankSouth | 1 | $324K | 1.1% | 0.00% |
| 19 | Truist Bank | 2 | $313K | 1.1% | 0.00% |
| 20 | Craft Bank | 1 | $278K | 1.0% | 0.00% |
| 21 | Readycap Lending, LLC | 1 | $254K | 0.9% | 0.00% |
| 22 | United Bank | 1 | $229K | 0.8% | 50.19% |
| 23 | CenTrust Bank, A Division of SmartBiz Bank National Association | 1 | $200K | 0.7% | 0.00% |
| 24 | VelocitySBA, LLC | 1 | $5K | 0.0% | 0.00% |
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 | Real estate & leasing | 2 | $5.4M | 18.5% |
| 2 | Arts, entertainment & recreation | 1 | $5.0M | 17.2% |
| 3 | Accommodation & food services | 5 | $4.5M | 15.5% |
| 4 | Retail trade | 2 | $4.3M | 14.7% |
| 5 | Agriculture, forestry & fishing | 7 | $2.9M | 10.0% |
| 6 | Administrative & waste services | 3 | $2.1M | 7.4% |
| 7 | Finance & insurance | 3 | $1.5M | 5.1% |
| 8 | Health care & social assistance | 3 | $1.0M | 3.6% |
| 9 | Transportation & warehousing | 3 | $725K | 2.5% |
| 10 | Professional & technical services | 2 | $551K | 1.9% |
| 11 | Construction | 2 | $404K | 1.4% |
| 12 | Retail trade | 1 | $278K | 1.0% |
| 13 | Wholesale trade | 2 | $205K | 0.7% |
| 14 | Manufacturing | 1 | $175K | 0.6% |
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.