SBA 7(a) lenders in Chester, SC
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
21 institutions have SBA 7(a) loans on record in Chester, together $22.7M across 31 loans. United Community Bank is the largest, with 10% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | United Community Bank | 1 | $2.2M | 9.6% | 0.00% |
| 2 | American Pride Bank | 1 | $2.1M | 9.1% | 0.00% |
| 3 | First National Bank of Pennsylvania | 1 | $2.0M | 9.0% | 0.00% |
| 4 | The Huntington National Bank | 1 | $2.0M | 8.8% | 0.00% |
| 5 | Metro City Bank | 1 | $1.7M | 7.6% | 0.00% |
| 6 | Wells Fargo Bank National Association | 5 | $1.7M | 7.3% | 0.00% |
| 7 | Shoreham Bank | 2 | $1.5M | 6.5% | 0.00% |
| 8 | TD Bank, National Association | 1 | $1.5M | 6.4% | 0.00% |
| 9 | BankUnited, National Association | 1 | $1.3M | 5.8% | 0.00% |
| 10 | Newtek Small Business Finance, Inc. | 2 | $1.3M | 5.7% | 0.00% |
| 11 | Readycap Lending, LLC | 1 | $1.2M | 5.3% | 0.00% |
| 12 | United Midwest Savings Bank National Association | 3 | $1.1M | 5.0% | 0.00% |
| 13 | Live Oak Banking Company | 2 | $755K | 3.3% | 0.00% |
| 14 | Celtic Bank Corporation | 1 | $751K | 3.3% | 0.00% |
| 15 | First-Citizens Bank & Trust Company | 2 | $618K | 2.7% | 0.00% |
| 16 | IncredibleBank | 1 | $385K | 1.7% | 0.00% |
| 17 | First Horizon Bank | 1 | $339K | 1.5% | 0.00% |
| 18 | BayFirst National Bank | 1 | $150K | 0.7% | 0.00% |
| 19 | Truist Bank | 1 | $132K | 0.6% | 0.00% |
| 20 | Bank of America, National Association | 1 | $10K | 0.0% | 96.57% |
| 21 | VelocitySBA, LLC | 1 | $8K | 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 | Accommodation & food services | 6 | $8.8M | 38.6% |
| 2 | Real estate & leasing | 3 | $3.6M | 15.7% |
| 3 | Retail trade | 3 | $3.1M | 13.5% |
| 4 | Retail trade | 2 | $1.8M | 8.1% |
| 5 | Wholesale trade | 2 | $1.6M | 7.1% |
| 6 | Health care & social assistance | 2 | $979K | 4.3% |
| 7 | Manufacturing | 1 | $800K | 3.5% |
| 8 | Professional & technical services | 3 | $763K | 3.4% |
| 9 | Agriculture, forestry & fishing | 2 | $400K | 1.8% |
| 10 | Finance & insurance | 1 | $368K | 1.6% |
| 11 | Other services | 1 | $339K | 1.5% |
| 12 | Administrative & waste services | 2 | $185K | 0.8% |
| 13 | Manufacturing | 1 | $15K | 0.1% |
| 14 | Construction | 1 | $10K | 0.0% |
| 15 | Transportation & warehousing | 1 | $5K | 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.