Best South Carolina SBA Lenders & Rates of 2026

Compare 106 SBA lenders in South Carolina. $461.3M funded across 827 businesses. Average rate 10.23%. Get matched free.

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Best South Carolina SBA Lenders & Rates of 2026

$461.3M
Total Funded

827
Loans Approved

$558K
Avg Loan Size

10.23%
Avg Interest Rate

106
Active Lenders

SBA Loans in South Carolina

South Carolina businesses received $461.3M in SBA 7(a) loan approvals across 827 businesses in 2025. With 106 active SBA lenders competing for business in South Carolina, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in South Carolina is $558K, with rates averaging 10.23%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Top SBA Lenders in South Carolina (2025)

Based on official SBA data analyzed by GoSBA Loans, these are the banks that funded the most SBA 7(a) loans to South Carolina businesses:

RankLenderVolumeLoansAvg Rate
1GBank$47.2M138.54%
2The Huntington National Bank$39.2M859.37%
3Live Oak Banking Company$31.7M339.25%
4Newtek Bank, National Association$20.8M4711.05%
5First-Citizens Bank & Trust Company$19.9M209.91%
6TD Bank, National Association$17.9M10910.49%
7Pinnacle Bank$13.9M159.55%
8Countybank$13.6M209.66%
9Northeast Bank$12.8M8610.95%
10Harvest Small Business Finance, LLC$12.2M910.28%
11United Community Bank$9.4M109.07%
12Peoples Bank$8.1M28.75%
13United Midwest Savings Bank National Association$7.7M2210.09%
14First Internet Bank of Indiana$7.7M710.07%
15Bank of Oak Ridge$7.6M69.23%
16Byline Bank$7.4M610.50%
17SouthState Bank, National Association$7.0M149.91%
18First Bank of the Lake$6.8M1010.22%
19Readycap Lending, LLC$6.6M3512.35%
20Dogwood State Bank$6.2M79.89%

🤝 How to Get an SBA Loan in South Carolina

Many top SBA lenders work primarily through approved SBA loan brokers. This is good news for borrowers:

  • Better Match: Get matched with the right lender for your situation
  • Negotiating Power: Broker relationships can result in better rates
  • Time Savings: One application goes to multiple lenders
  • Expert Guidance: Maximize your approval chances

GoSBA Loans works with lenders across South Carolina and can help you access the best loan programs. Our service is completely free to borrowers.

📞 Get Matched with South Carolina SBA Lenders

Ready to apply for an SBA loan in South Carolina? Our team can help you get matched with the right lender and program for your business.

Looking for SBA lenders in other states? GoSBA Loans works with 75+ SBA lenders nationwide. Contact us to get matched with the best lender for your specific business needs.

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Ishan Jetley

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.
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