SBA 7(a) lenders in Toombs, GA
Approvals in SBA fiscal years 2009–2026. Source data as of 2026-06-30.
Lenders
20 institutions have SBA 7(a) loans on record in Toombs, together $60.4M across 71 loans. Peoples Bank is the largest, with 65% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Peoples Bank | 45 | $39.4M | 65.1% | 1.35% |
| 2 | Ameris Bank | 1 | $3.1M | 5.2% | 0.00% |
| 3 | First Port City Bank | 6 | $2.7M | 4.5% | 0.00% |
| 4 | Readycap Lending, LLC | 2 | $2.6M | 4.4% | 0.00% |
| 5 | GBank | 1 | $2.4M | 4.0% | 0.00% |
| 6 | Farmers and Merchants Bank | 1 | $2.1M | 3.5% | 0.00% |
| 7 | Mount Vernon Bank | 2 | $1.7M | 2.8% | 0.00% |
| 8 | Pineland Bank | 1 | $1.3M | 2.2% | 0.00% |
| 9 | Magnolia State Bank | 1 | $1.3M | 2.1% | 0.00% |
| 10 | Live Oak Banking Company | 1 | $725K | 1.2% | 0.00% |
| 11 | Queensborough National Bank and Trust Company | 1 | $606K | 1.0% | 0.00% |
| 12 | Douglas National Bank | 1 | $548K | 0.9% | 0.00% |
| 13 | Truist Bank | 1 | $485K | 0.8% | 0.00% |
| 14 | Altamaha Bank & Trust Company | 1 | $476K | 0.8% | 0.00% |
| 15 | Newtek Bank, National Association | 1 | $350K | 0.6% | 0.00% |
| 16 | East West Bank | 1 | $150K | 0.2% | 0.00% |
| 17 | BayFirst National Bank | 1 | $150K | 0.2% | 0.00% |
| 18 | Small Business Assistance Corporation | 1 | $115K | 0.2% | 0.00% |
| 19 | United Community Bank | 1 | $100K | 0.2% | 0.00% |
| 20 | Columbia Bank | 1 | $28K | 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 | Agriculture, forestry & fishing | 14 | $17.1M | 28.3% |
| 2 | Accommodation & food services | 17 | $15.7M | 25.9% |
| 3 | Retail trade | 12 | $12.6M | 20.8% |
| 4 | Other services | 6 | $4.7M | 7.8% |
| 5 | Manufacturing | 3 | $4.0M | 6.6% |
| 6 | Health care & social assistance | 4 | $1.9M | 3.1% |
| 7 | Administrative & waste services | 3 | $1.6M | 2.6% |
| 8 | Arts, entertainment & recreation | 3 | $943K | 1.6% |
| 9 | Construction | 2 | $850K | 1.4% |
| 10 | Retail trade | 4 | $699K | 1.2% |
| 11 | Transportation & warehousing | 1 | $260K | 0.4% |
| 12 | Professional & technical services | 1 | $145K | 0.2% |
| 13 | Manufacturing | 1 | $59K | 0.1% |
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.