Best SBA Lenders in Canton, GA (2026)
2025 FOIA data: top lenders, rates & industries for Canton SBA loans
SBA Loans in Canton, Georgia
Looking for an SBA loan in Canton, Georgia? Based on 2025 FOIA data, 40 SBA 7(a) loans were funded in Canton totaling $37.3M, supporting an estimated 414 jobs. With 28 active lenders competing for business in the Canton market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Canton is $932K at an average rate of 10.22%. The top lender in Canton is Live Oak Banking Company, with the most-funded industry being Used Household and Office Goods Moving. See all Georgia SBA lenders for statewide rankings.
SBA Loans in Canton by Business Type
Whether you’re starting a new business in Canton, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 18% of SBA loans in Canton (10 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 24% (6 loans) — if you’re looking to buy a business in Canton, this is a proven use case for SBA financing. Existing businesses make up 31% and typically receive the most favorable terms.
Top SBA Lenders in Canton, GA (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Canton businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Live Oak Banking Company | $6.4M | 4 | 8.98% |
| 2 | Port 51 Lending LLC | $4.9M | 1 | 10.25% |
| 3 | LGE Community CU | $4.0M | 1 | 7.5% |
| 4 | Pathward National Association | $3.2M | 2 | 9.75% |
| 5 | Embassy National Bank | $2.9M | 1 | 9% |
| 6 | Truist Bank | $2.6M | 1 | 9.5% |
| 7 | The Huntington National Bank | $2.3M | 3 | 9.83% |
| 8 | Community Bank of Pickens County | $1.2M | 1 | 8.5% |
| 9 | Byline Bank | $1.2M | 2 | 10.5% |
| 10 | First-Citizens Bank & Trust Company | $1.0M | 1 | 10% |
The top lenders in Canton have direct experience with local businesses and understand the Canton 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 Canton 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 Canton
One 5-minute application. 28+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Canton
These are the industries that received the most SBA 7(a) funding in Canton 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 |
|---|---|---|
| Used Household and Office Goods Moving | 1 | $4.9M |
| Child Day Care Services | 4 | $4.8M |
| Offices of Dentists | 1 | $4.1M |
| Gasoline Stations with Convenience Stores | 1 | $2.9M |
| Electrical Contractors | 2 | $2.8M |
| Drywall and Insulation Contractors | 1 | $2.8M |
| Full-Service Restaurants | 3 | $1.5M |
| Temporary Help Services | 1 | $950K |
| Offices of Physical, Occupational and Speech Therapists, and Audiologi | 4 | $882K |
| Other Waste Collection | 2 | $828K |
Lenders with experience funding your specific industry in Canton 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 Canton
Option 1: Apply directly to one of the top Canton 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 Canton-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.
