Best SBA Lenders in Savannah, GA (2026)
2025 FOIA data: top lenders, rates & industries for Savannah SBA loans
SBA Loans in Savannah, Georgia
Looking for an SBA loan in Savannah, Georgia? Based on 2025 FOIA data, 52 SBA 7(a) loans were funded in Savannah totaling $33.8M, supporting an estimated 492 jobs. With 29 active lenders competing for business in the Savannah market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Savannah is $650K at an average rate of 10.38%. The top lender in Savannah is Busey Bank, with the most-funded industry being All Other Plastics Product Manufacturing. See all Georgia SBA lenders for statewide rankings.
SBA Loans in Savannah by Business Type
Whether you’re starting a new business in Savannah, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 7% of SBA loans in Savannah (6 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 54% (7 loans) — if you’re looking to buy a business in Savannah, this is a proven use case for SBA financing. Existing businesses make up 25% and typically receive the most favorable terms.
Top SBA Lenders in Savannah, GA (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Savannah businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | Busey Bank | $10.0M | 2 | 10.25% |
| 2 | GBank | $4.5M | 1 | 8.5% |
| 3 | Live Oak Banking Company | $3.0M | 2 | 10.88% |
| 4 | Peoples Bank | $2.1M | 1 | 7.75% |
| 5 | SouthState Bank, National Association | $1.9M | 3 | 9.83% |
| 6 | First Financial Bank | $1.9M | 1 | 9% |
| 7 | Small Business Assistance Corporation | $1.8M | 7 | 8.21% |
| 8 | Newtek Bank, National Association | $1.4M | 4 | 10.56% |
| 9 | Byline Bank | $1.1M | 1 | 10.25% |
| 10 | Truliant FCU | $780K | 1 | 10.75% |
The top lenders in Savannah have direct experience with local businesses and understand the Savannah 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 Savannah 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 Savannah
One 5-minute application. 29+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Savannah
These are the industries that received the most SBA 7(a) funding in Savannah 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 |
|---|---|---|
| All Other Plastics Product Manufacturing | 2 | $10.0M |
| Hotels (except Casino Hotels) and Motels | 1 | $4.5M |
| Limited-Service Restaurants | 3 | $2.5M |
| Couriers | 2 | $1.9M |
| Travel Agencies | 1 | $1.3M |
| Beauty Salons | 2 | $950K |
| Full-Service Restaurants | 4 | $894K |
| Commercial and Industrial Machinery and Equipment (except Automotive a | 1 | $780K |
| Drinking Places (Alcoholic Beverages) | 1 | $750K |
| All Other Specialty Trade Contractors | 2 | $639K |
Lenders with experience funding your specific industry in Savannah 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 Savannah
Option 1: Apply directly to one of the top Savannah 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 Savannah-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.
