Best SBA Lenders in Augusta, GA (2026)
2025 FOIA data: top lenders, rates & industries for Augusta SBA loans
SBA Loans in Augusta, Georgia
Looking for an SBA loan in Augusta, Georgia? Based on 2025 FOIA data, 25 SBA 7(a) loans were funded in Augusta totaling $26.1M, supporting an estimated 349 jobs. With 21 active lenders competing for business in the Augusta market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Augusta is $1.0M at an average rate of 10.38%. The top lender in Augusta is GBank, with the most-funded industry being Hotels (except Casino Hotels) and Motels. See all Georgia SBA lenders for statewide rankings.
SBA Loans in Augusta by Business Type
Whether you’re starting a new business in Augusta, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 19% of SBA loans in Augusta (5 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 53% (6 loans) — if you’re looking to buy a business in Augusta, this is a proven use case for SBA financing. Existing businesses make up 9% and typically receive the most favorable terms.
Top SBA Lenders in Augusta, GA (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Augusta businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | GBank | $6.3M | 2 | 8.75% |
| 2 | PromiseOne Bank | $4.4M | 1 | 8.5% |
| 3 | Peoples Bank | $3.5M | 1 | 8.5% |
| 4 | The Bancorp Bank National Association | $2.9M | 1 | 8.5% |
| 5 | First Internet Bank of Indiana | $1.6M | 1 | 10% |
| 6 | First-Citizens Bank & Trust Company | $1.6M | 1 | 9.75% |
| 7 | Bank of Hope | $1.3M | 1 | 8.75% |
| 8 | Countybank | $780K | 1 | 10% |
| 9 | Climate First Bank | $766K | 1 | 10.25% |
| 10 | First Bank of the Lake | $666K | 2 | 10% |
The top lenders in Augusta have direct experience with local businesses and understand the Augusta market — commercial real estate values, local industry dynamics, and regional economic conditions. Pay attention to the “Avg Rate” column, as rates vary significantly between lenders. A 0.5-1.0% rate difference on a $500K loan translates to $15,000-$30,000 in savings over the life of the loan.
Don’t limit your search to banks listed above — many national SBA lenders also fund loans in Augusta and may offer better rates. An SBA loan broker like GoSBA gives you access to both local and national lenders with one application.
Get Matched with the Best SBA Lender in Augusta
One 5-minute application. 21+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Augusta
These are the industries that received the most SBA 7(a) funding in Augusta in 2025. If your business is in one of these sectors, lenders are already familiar with your business model and may offer faster approvals:
| Industry | Loans | Volume |
|---|---|---|
| Hotels (except Casino Hotels) and Motels | 5 | $15.5M |
| General Automotive Repair | 1 | $2.9M |
| All Other Personal Services | 1 | $1.6M |
| Fitness and Recreational Sports Centers | 2 | $1.2M |
| Snack and Nonalcoholic Beverage Bars | 3 | $906K |
| All Other Amusement and Recreation Industries | 1 | $780K |
| Other Management Consulting Services | 1 | $300K |
| Limited-Service Restaurants | 2 | $286K |
| Funeral Homes and Funeral Services | 1 | $269K |
| Offices of Lawyers | 1 | $204K |
Lenders with experience funding your specific industry in Augusta understand the local competitive landscape, typical revenue ranges, and seasonal patterns. This familiarity often translates to faster underwriting and more competitive terms. If your industry doesn’t appear above, SBA loans are available for nearly every legal business type — an SBA broker can match you with lenders who specialize in your sector.
How to Get an SBA Loan in Augusta
Option 1: Apply directly to one of the top Augusta lenders listed above. You’ll receive a single quote from one bank.
Option 2: Use an SBA loan broker (recommended). GoSBA Loans submits your application to multiple Augusta-active lenders and national SBA lenders simultaneously. More offers means better rates, faster approvals, and zero cost to you — lenders pay the broker fee.
Frequently Asked Questions
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Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
