Best Spartanburg, SC SBA Lenders & Rates of 2026
Top SBA 7(a) lenders in Spartanburg, South Carolina ranked by 2025 lending data.
19
SBA Loans Funded
$17M
Total Volume
9.78%
Avg Interest Rate
14
Active Lenders
Looking for an SBA loan in Spartanburg, South Carolina? Based on 2025 FOIA data, 19 SBA 7(a) loans were funded in Spartanburg totaling $17M. Below are the top lenders and industries receiving SBA funding in your area. See all South Carolina SBA lenders for statewide rankings.
Top 14 SBA Lenders in Spartanburg, SC (2025 Data)
| # | Lender | Loans | Total Approved |
|---|---|---|---|
| 1 | GBank | 1 | $4M |
| 2 | Peoples Bank | 1 | $3M |
| 3 | The Huntington National Bank | 4 | $2M |
| 4 | Community Bank & Trust-West Georgia | 1 | $2M |
| 5 | Fifth Third Bank | 1 | $1M |
| 6 | First Bank of the Lake | 1 | $930K |
| 7 | Live Oak Banking Company | 2 | $850K |
| 8 | United Community Bank | 1 | $690K |
| 9 | CenTrust Bank, A Division of SmartBiz Bank National Associat | 2 | $500K |
| 10 | United Midwest Savings Bank National Association | 1 | $300K |
| 11 | Woori America Bank | 1 | $300K |
| 12 | Northeast Bank | 1 | $134K |
| 13 | U.S. Bank | 1 | $25K |
| 14 | TD Bank | 1 | $25K |
Top Industries Funded in Spartanburg
| Industry | Loans | Total Approved |
|---|---|---|
| Hotels (except Casino Hotels) and Motels | 2 | $8M |
| Insurance Agencies and Brokerages | 3 | $2M |
| Full-Service Restaurants | 3 | $2M |
| Fitness and Recreational Sports Centers | 1 | $930K |
| Retail Bakeries | 1 | $690K |
| Lessors of Miniwarehouses and Self-Storage Units | 1 | $675K |
| General Automotive Repair | 1 | $350K |
| Solid Waste Collection | 1 | $300K |
| Services for the Elderly and Persons with Disabilities | 1 | $175K |
| Other Computer Related Services | 1 | $150K |
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