48 SBA loans worth $45.9M went to businesses in Covington, GA between October 2021 and June 2026, from 28 lenders. Wells Fargo Bank made the most, 6 loans. The median loan was $345,000, compared with $350,000 across Georgia, and health care and social assistance was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Wells Fargo Bank Bank · Sioux Falls, SD | 6 | $110K | $15,000 | 100% |
| 2 | CSRA Local Development Certified development company · Augusta, GA | 5 | $9.8M | $1,225,000 | 20% |
| 3 | Huntington National Bank Bank · Columbus, OH | 3 | $1.1M | $350,000 | 0% |
| 4 | Northeast Bank Bank · Portland, ME | 3 | $336K | $85,000 | 33% |
| 5 | Metro City Bank Bank · Doraville, GA | 2 | $6.3M | $3,162,500 | 50% |
| 6 | Florida Business Development Certified development company · Tampa, FL | 2 | $2.1M | $1,031,000 | 0% |
| 7 | Harvest Small Business Finance Non-bank lender · Laguna Hills, CA | 2 | $735K | $367,600 | 0% |
| 8 | Capital Partners Certified Development Certified development company · Atlanta, GA | 2 | $701K | $350,500 | 50% |
| 9 | SouthState Bank Bank · Winter Haven, FL | 2 | $677K | $338,500 | 0% |
| 10 | BayFirst National Bank Bank · St. Petersburg, FL | 2 | $241K | $120,500 | 0% |
| 11 | Newtek Bank Bank · Miami, FL | 2 | $110K | $55,000 | 0% |
| 12 | Florida First Capital Finance Corporation Certified development company · Tallahassee, FL | 1 | $5.0M | $4,967,000 | 100% |
| 13 | Wallis Bank Bank · Wallis, TX | 1 | $3.2M | $3,193,000 | 0% |
| 14 | HomeTrust Bank Bank · Asheville, NC | 1 | $3.1M | $3,060,000 | 100% |
| 15 | Commonwealth Business Bank Bank · Los Angeles, CA | 1 | $2.2M | $2,194,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Health care and social assistance | 8 | $333,500 | Huntington National Bank | |
| Restaurants and hotels | 8 | $1,636,000 | FirstBank | |
| Other services (repair, personal care) | 5 | $139,000 | Bank of America | |
| Retail | 5 | $1,325,000 | Metro City Bank | |
| Transportation and warehousing | 4 | $18,500 | Wells Fargo Bank | |
| Wholesale trade | 4 | $160,150 | Northeast Bank | |
| Construction | 3 | $1,115,000 | Live Oak Banking | |
| Manufacturing | 3 | $617,000 | SouthState Bank |