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SBA lenders in Florence, SC

SBA 7(a) and 504 loans to businesses in Florence (Florence County), October 2021 to June 30, 2026 · Updated October 15, 2026
43
SBA loans approved
$35.3M
Total approved
$500,000
Median loan
22
Lenders active
42%
To startups

43 SBA loans worth $35.3M went to businesses in Florence, SC between October 2021 and June 2026, from 22 lenders. Huntington National Bank made the most, 4 loans. The median loan was $500,000, compared with $250,000 across South Carolina, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Florence

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
4$2.2M$250,00050%
2Northeast Bank
Bank · Portland, ME
4$359K$92,0000%
3TD Bank
Bank · Wilmington, DE
4$110K$22,50025%
4Wells Fargo Bank
Bank · Sioux Falls, SD
4$45K$12,500100%
5GBank
Bank · Las Vegas, NV
3$5.5M$1,675,00033%
6First Internet Bank of Indiana
Bank · Fishers, IN
3$3.5M$1,493,00033%
7SouthState Bank
Bank · Winter Haven, FL
3$1.4M$600,00033%
8Pinnacle Bank
Bank · Nashville, TN
2$5.8M$2,896,60050%
9United Community Bank
Bank · Greenville, SC
2$1.4M$706,00050%
10Milestone Bank
Bank · Salt Lake City, UT
2$1.0M$512,500100%
11Bank of Hope
Bank · Los Angeles, CA
1$3.7M$3,705,0000%
12Celtic Bank
Bank · Salt Lake City, UT
1$3.6M$3,597,4000%
13Bank of Oak Ridge
Bank · Oak Ridge, NC
1$1.7M$1,725,0000%
14Fifth Third Bank
Bank · Cincinnati, OH
1$1.4M$1,383,5000%
15Provident Business Financial Services
Certified development company · West Columbia, SC
1$991K$991,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Florence. For 504 loans the lender shown is the certified development company.

What gets financed in Florence

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels13
30%
$991,000Milestone Bank
Construction6
14%
$117,000Northeast Bank
Manufacturing4
9%
$515,500Business Development Corporation of South Carolina
Transportation and warehousing4
9%
$95,000TD Bank
Wholesale trade3
7%
$150,000Huntington National Bank
Retail3
7%
$15,000Wells Fargo Bank
Professional and technical services3
7%
$1,383,500Fifth Third Bank
Health care and social assistance2
5%
$600,000SouthState Bank
Loan size mix
  • Under $150,00028%
  • $150,000 to $500,00021%
  • $500,000 to $2 million42%
  • $2 million and up9%
Compared with South Carolina
Median loan, Florence
$500,000
Median loan, South Carolina
$250,000
Startup share, Florence
42%
Startup share, South Carolina
40%
Share of state's SBA loans
1.2%

SBA loans per fiscal year in Florence

071320FY14: 4 loansFY14FY15: 14 loansFY1514FY16: 12 loansFY16FY17: 11 loansFY17FY18: 7 loansFY18FY19: 12 loansFY19FY20: 7 loansFY20FY21: 10 loansFY21FY22: 9 loansFY22FY23: 12 loansFY23FY24: 7 loansFY24FY25: 11 loansFY25FY26 (Oct to Jun): 4 loansFY264
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.