SBA 7(a) lenders in Lexington, SC

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

Lenders

94 institutions have SBA 7(a) loans on record in Lexington, together $332.3M across 588 loans. Live Oak Banking Company is the largest, with 15% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Live Oak Banking Company	33	$51.5M	15.5%	0.00%
2	Pinnacle Bank	22	$19.7M	5.9%	3.75%
3	Business Development Corporation of South Carolina	44	$19.1M	5.7%	3.52%
4	TD Bank, National Association	80	$18.4M	5.5%	2.98%
5	GBank	5	$17.5M	5.3%	0.00%
6	United Community Bank	16	$11.8M	3.5%	0.00%
7	First Financial Bank	17	$10.8M	3.3%	0.00%
8	The Huntington National Bank	20	$10.6M	3.2%	0.00%
9	First-Citizens Bank & Trust Company	11	$10.3M	3.1%	0.00%
10	Wells Fargo Bank National Association	53	$9.2M	2.8%	0.05%
11	Ameris Bank	5	$8.7M	2.6%	0.00%
12	Citizens Bank	4	$8.3M	2.5%	4.69%
13	Celtic Bank Corporation	14	$7.7M	2.3%	4.64%
14	BankUnited, National Association	4	$7.6M	2.3%	0.00%
15	HomeTrust Bank	3	$5.3M	1.6%	0.00%
16	Newtek Bank, National Association	7	$5.3M	1.6%	0.00%
17	Simmons Bank	1	$5.0M	1.5%	0.00%
18	PromiseOne Bank	2	$5.0M	1.5%	0.00%
19	Bank of America, National Association	8	$4.4M	1.3%	1.47%
20	Readycap Lending, LLC	7	$4.3M	1.3%	6.95%
21	United Midwest Savings Bank National Association	20	$4.3M	1.3%	0.00%
22	Truist Bank	34	$4.0M	1.2%	5.68%
23	First Western SBLC, LLC	1	$3.7M	1.1%	0.00%
24	SouthState Bank, National Association	11	$3.4M	1.0%	0.00%
25	United FCU	1	$3.4M	1.0%	0.00%
26	Harvest Small Business Finance, LLC	2	$3.3M	1.0%	0.00%
27	American Pride Bank	2	$3.3M	1.0%	0.00%
28	Metro City Bank	3	$3.0M	0.9%	0.00%
29	Coastal States Bank	3	$3.0M	0.9%	0.00%
30	Byline Bank	1	$3.0M	0.9%	0.00%
31	BayFirst National Bank	12	$2.5M	0.8%	0.00%
32	Climate First Bank	1	$2.5M	0.7%	0.00%
33	Affinity Bank, National Association	1	$2.5M	0.7%	0.00%
34	First Community Bank	3	$2.4M	0.7%	0.00%
35	Poppy Bank	1	$2.4M	0.7%	0.00%
36	Bank of Oak Ridge	1	$2.4M	0.7%	0.00%
37	KeyBank National Association	1	$2.0M	0.6%	0.00%
38	First Bank of the Lake	2	$1.8M	0.5%	0.00%
39	First Merchants Bank	1	$1.7M	0.5%	78.55%
40	Business Carolina, Inc.	2	$1.7M	0.5%	0.00%
41	Security Federal Bank	6	$1.6M	0.5%	0.00%
42	Stearns Bank National Association	8	$1.6M	0.5%	15.00%
43	Bank of Hope	9	$1.6M	0.5%	1.98%
44	Fifth Third Bank	3	$1.6M	0.5%	0.00%
45	Colony Bank	2	$1.5M	0.5%	0.00%
46	Embassy National Bank	1	$1.5M	0.5%	0.00%
47	The Bancorp Bank National Association	3	$1.4M	0.4%	0.00%
48	Luminate Bank	1	$1.2M	0.4%	0.00%
49	Northeast Bank	10	$1.2M	0.4%	0.00%
50	Commonwealth Business Bank	1	$1.1M	0.3%	0.00%
51	Gulf Coast Bank and Trust Company	2	$1.1M	0.3%	0.00%
52	Pathward National Association	2	$1.0M	0.3%	13.52%
53	First Commonwealth Bank	1	$993K	0.3%	0.00%
54	Small Business Loan Source, LLC	1	$962K	0.3%	0.00%
55	The Fidelity Bank	1	$923K	0.3%	0.00%
56	ConnectOne Bank	1	$883K	0.3%	0.00%
57	Federal Deposit Insurance Corporation	1	$805K	0.2%	0.00%
58	Coastal Carolina National Bank	2	$800K	0.2%	0.00%
59	CRF Small Business Loan Company, LLC	1	$780K	0.2%	0.00%
60	First Business Bank	2	$757K	0.2%	0.00%
61	Fulton Bank, National Association	1	$675K	0.2%	0.00%
62	FDIC - Community Bank & Trust-West Georgia	1	$648K	0.2%	0.00%
63	UniBank	1	$595K	0.2%	0.00%
64	First National Bank of Pennsylvania	1	$594K	0.2%	0.00%
65	VelocitySBA, LLC	24	$594K	0.2%	9.53%
66	BankPlus	1	$560K	0.2%	0.00%
67	Independence Bank	4	$550K	0.2%	41.64%
68	PNC Bank, National Association	2	$521K	0.2%	0.00%
69	Associated Bank National Association	2	$520K	0.2%	0.00%
70	Quaint Oak Bank	1	$500K	0.2%	0.00%
71	Evolve Bank and Trust	1	$476K	0.1%	0.00%
72	Countybank	1	$472K	0.1%	0.00%
73	Meridian Bank	1	$463K	0.1%	0.00%
74	Bank of Newington	1	$453K	0.1%	0.00%
75	Mechanics and Farmers Bank	1	$415K	0.1%	0.00%
76	Popular Bank	2	$378K	0.1%	100.84%
77	Seacoast National Bank	1	$350K	0.1%	0.00%
78	First Internet Bank of Indiana	1	$333K	0.1%	0.00%
79	Regions Bank	1	$320K	0.1%	0.00%
80	Hanover Community Bank	1	$313K	0.1%	0.00%
81	U.S. Bank, National Association	3	$311K	0.1%	0.00%
82	Mid Penn Bank	1	$310K	0.1%	0.00%
83	Capital Bank, National Association	2	$300K	0.1%	0.00%
84	CenTrust Bank, A Division of SmartBiz Bank National Association	2	$300K	0.1%	0.00%
85	Empire State Certified Development Corporation	1	$250K	0.1%	0.00%
86	Lendistry SBLC, LLC	2	$201K	0.1%	0.00%
87	Newtek Small Business Finance, Inc.	2	$200K	0.1%	0.00%
88	Community West Bank	1	$195K	0.1%	78.87%
89	First Command Bank	1	$180K	0.1%	0.00%
90	Columbia Bank	3	$125K	0.0%	28.56%
91	Carver State Bank	1	$112K	0.0%	90.46%
92	Certified Development Corporation of South Carolina	1	$100K	0.0%	0.00%
93	Beacon Bank and Trust	1	$63K	0.0%	0.00%
94	Hanscom FCU	1	$59K	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	85	$98.9M	29.8%
2	Agriculture, forestry & fishing	25	$30.3M	9.1%
3	Other services	70	$28.3M	8.5%
4	Health care & social assistance	38	$27.2M	8.2%
5	Retail trade	57	$26.8M	8.1%
6	Manufacturing	25	$25.2M	7.6%
7	Professional & technical services	46	$15.2M	4.6%
8	Construction	63	$14.1M	4.2%
9	Wholesale trade	23	$10.2M	3.1%
10	Administrative & waste services	38	$10.1M	3.0%
11	Retail trade	24	$8.4M	2.5%
12	Educational services	13	$7.6M	2.3%
13	Arts, entertainment & recreation	16	$6.0M	1.8%
14	Finance & insurance	17	$5.2M	1.6%
15	Manufacturing	8	$4.7M	1.4%
16	Information	4	$4.6M	1.4%
17	Real estate & leasing	13	$3.3M	1.0%
18	Transportation & warehousing	5	$2.5M	0.8%
19	Transportation & warehousing	13	$2.0M	0.6%
20	Manufacturing	5	$1.9M	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.