GoSBA’s Top 50 Georgia SBA Lenders in 2024

According to the U.S. Small Business Administration Office of Advocacy, there are about one million small businesses established in Georgia that employ 1.6 million people in the state. More than 300 thousand are minority-owned businesses. Interestingly enough, Georgia is ranked as second in the U.S. for having the most women to establish start-up businesses.

 

Georgia houses headquarters of big companies such as Home Depot, UPS, and Coca-Cola. Companies like these have contributed to Georgia’s GDP of 602 million dollars in 2018, contributing 2.9% of the nation’s economy. If Georgia was a country on its own, it would be listed as the 28th largest economy in the world.

 

In FY 2018, Georgia SBA loan providers funded 1,730 businesses for total Georgia SBA loan volume of $1.2 million. The ten most popular lenders signing SBA-backed loans in Georgia are Metro City, Atlantic Capital, Live Oak, First IC, Wells Fargo, Touchmark National, Synovus Bank, Cadence Bank, Bank of Hope, SunTrust, and Quantum National. These ten lenders have funded 578 businesses with a loan volume of $468,008,441 in total.

 

Although these ten lenders are the most popular in Georgia, it doesn’t mean they are the right lenders for your industry and for your business size. After reading our analysis, please click apply now and we’d be happy to match you with the best SBA loan providers in Georgia.

 

Here at GoSBA Loans, we understand the struggle of finding the best and cheapest business loan for your business. We are best at accommodating businesses looking for capital, purchasing equipment, refinancing high-interest loans, and those who are interested in buying commercial property or financing building improvements. We make lending loans for small businesses to have an easier, faster, and more affordable process.

GoSBA Loans is proud to announce the top 50 California SBA lenders in 2024:

RANK BANK LOANS FUNDED VOLUME FUNDED ($)
1 Metro City Bank 46 $70,260,300
2 Atlantic Capital Bank, National Association 54 $64,799,300
3 Live Oak Banking Company 45 $55,737,550
4 First IC Bank 48 $50,238,000
5 Wells Fargo Bank, National Association 199 $48,534,800
6 Touchmark National Bank 22 $39,725,891
7 Synovous Bank 36 $37,465,500
8 Cadence Bank, National Association 61 36,269,500
9 Bank of Hope 10 $35,125,000
10 SunTrust Bank 57 $29,852,600

 

You can use our SBA loan calculator to estimate your payments and total financing costs before applying for an SBA loan.

SBA Loan Calculator
Working Capital
Real Estate
Total Payments
120 monthly payments
Principal
$1,000,000.00
Total Interest Paid
$670,027.36
Total Financing Cost*
$1,670,027.36

Monthly SBA Loan Payment*

$13,916.89
/month
APPLY NOW

Amortization / Payment Schedule

Payment Payment Amount Principal Interest Balance
Payment Payment Amount Principal Interest Balance

Note: Estimated payments, not including taxes and insurance. Actual payments may vary.

 

Sounds great? Click on apply now and we’ll match you with the best SBA loan providers in Georgia.

Ishan Jetley

Ishan Jetley is the founder and managing director of GoSBALoans. Ishan has helped fund more than 400 businesses. He has helped businesses raise $150 million in SBA working capital, inventory and commercial property loans.

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