SBA 7(a) lenders in Edgefield, 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 Edgefield, together $10.6M across 36 loans. Live Oak Banking Company is the largest, with 21% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 2 | $2.2M | 20.6% | 0.00% |
| 2 | Evolve Bank and Trust | 1 | $1.9M | 18.2% | 0.00% |
| 3 | IncredibleBank | 1 | $968K | 9.1% | 0.00% |
| 4 | Wells Fargo Bank National Association | 5 | $847K | 8.0% | 0.00% |
| 5 | Newtek Small Business Finance, Inc. | 3 | $673K | 6.3% | 0.00% |
| 6 | Queensborough National Bank and Trust Company | 2 | $509K | 4.8% | 0.00% |
| 7 | Security Federal Bank | 1 | $502K | 4.7% | 0.00% |
| 8 | Celtic Bank Corporation | 3 | $450K | 4.2% | 0.00% |
| 9 | Business Development Corporation of South Carolina | 1 | $390K | 3.7% | 0.00% |
| 10 | United Community Bank | 1 | $325K | 3.1% | 0.00% |
| 11 | Pinnacle Bank | 1 | $317K | 3.0% | 0.00% |
| 12 | First-Citizens Bank & Trust Company | 1 | $235K | 2.2% | 0.00% |
| 13 | Beal Bank USA | 1 | $226K | 2.1% | 111.46% |
| 14 | Truist Bank | 2 | $210K | 2.0% | 0.00% |
| 15 | First Bank of the Lake | 1 | $204K | 1.9% | 0.00% |
| 16 | Western State Bank | 1 | $199K | 1.9% | 0.00% |
| 17 | Newtek Bank, National Association | 1 | $155K | 1.5% | 0.00% |
| 18 | Northeast Bank | 1 | $150K | 1.4% | 0.00% |
| 19 | The Huntington National Bank | 1 | $78K | 0.7% | 0.00% |
| 20 | VelocitySBA, LLC | 5 | $55K | 0.5% | 41.77% |
| 21 | TD Bank, National Association | 1 | $10K | 0.1% | 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 | Manufacturing | 2 | $2.7M | 25.6% |
| 2 | Agriculture, forestry & fishing | 4 | $2.5M | 23.1% |
| 3 | Manufacturing | 3 | $1.1M | 10.6% |
| 4 | Other services | 3 | $712K | 6.7% |
| 5 | Accommodation & food services | 3 | $629K | 5.9% |
| 6 | Wholesale trade | 2 | $623K | 5.9% |
| 7 | Retail trade | 2 | $425K | 4.0% |
| 8 | Real estate & leasing | 2 | $385K | 3.6% |
| 9 | Retail trade | 2 | $367K | 3.5% |
| 10 | Construction | 2 | $333K | 3.1% |
| 11 | Transportation & warehousing | 1 | $234K | 2.2% |
| 12 | Manufacturing | 1 | $155K | 1.5% |
| 13 | Administrative & waste services | 1 | $150K | 1.4% |
| 14 | Health care & social assistance | 1 | $150K | 1.4% |
| 15 | Transportation & warehousing | 5 | $133K | 1.3% |
| 16 | Professional & technical services | 1 | $13K | 0.1% |
| 17 | Finance & insurance | 1 | $10K | 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.