US Lender Metrics Get a Lender Match

SBA lenders in Charleston, SC

SBA 7(a) and 504 loans to businesses in Charleston (Charleston County), October 2021 to June 30, 2026 · Updated October 15, 2026
252
SBA loans approved
$156.8M
Total approved
$304,350
Median loan
58
Lenders active
38%
To startups

252 SBA loans worth $156.8M went to businesses in Charleston, SC between October 2021 and June 2026, from 58 lenders. Huntington National Bank made the most, 37 loans. The median loan was $304,350, compared with $250,000 across South Carolina, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Charleston

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
37$15.2M$255,00038%
2TD Bank
Bank · Wilmington, DE
26$6.4M$60,50054%
3Newtek Bank
Bank · Miami, FL
16$4.1M$115,00025%
4SouthState Bank
Bank · Winter Haven, FL
12$7.6M$649,00042%
5Wells Fargo Bank
Bank · Sioux Falls, SD
11$2.5M$171,50082%
6Provident Business Financial Services
Certified development company · West Columbia, SC
10$11.4M$710,00030%
7Pinnacle Bank
Bank · Nashville, TN
10$5.2M$363,30070%
8Northeast Bank
Bank · Portland, ME
10$1.7M$150,0000%
9BayFirst National Bank
Bank · St. Petersburg, FL
9$1.2M$150,0000%
10Harvest Small Business Finance
Non-bank lender · Laguna Hills, CA
8$6.0M$666,00012%
11Readycap Lending
Non-bank lender · Berkeley Heights, NJ
8$3.3M$245,00025%
12Bank of America
Bank · Charlotte, NC
6$5.3M$502,90017%
13United Midwest Savings Bank
Bank · Degraff, OH
6$1.6M$150,000100%
14First-Citizens Bank & Trust
Bank · Raleigh, NC
5$3.0M$500,00020%
15Live Oak Banking
Bank · Wilmington, NC
5$2.1M$400,00020%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Charleston. For 504 loans the lender shown is the certified development company.

What gets financed in Charleston

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels45
18%
$560,000Huntington National Bank
Retail44
17%
$182,500Pinnacle Bank
Other services (repair, personal care)28
11%
$264,850TD Bank
Construction27
11%
$190,000TD Bank
Health care and social assistance25
10%
$474,000Huntington National Bank
Professional and technical services23
9%
$332,000Huntington National Bank
Administrative and support services15
6%
$300,000TD Bank
Real estate and rental12
5%
$150,000Newtek Bank
Loan size mix
  • Under $150,00029%
  • $150,000 to $500,00035%
  • $500,000 to $2 million30%
  • $2 million and up7%
Compared with South Carolina
Median loan, Charleston
$304,350
Median loan, South Carolina
$250,000
Startup share, Charleston
38%
Startup share, South Carolina
40%
Share of state's SBA loans
6.9%

SBA loans per fiscal year in Charleston

0275380FY14: 21 loansFY14FY15: 33 loansFY15FY16: 36 loansFY16FY17: 46 loansFY17FY18: 40 loansFY18FY19: 44 loansFY19FY20: 25 loansFY20FY21: 45 loansFY21FY22: 34 loansFY22FY23: 45 loansFY23FY24: 46 loansFY24FY25: 75 loansFY2575FY26 (Oct to Jun): 52 loansFY2652
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.