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SBA lenders in Myrtle Beach, SC

SBA 7(a) and 504 loans to businesses in Myrtle Beach (Horry County), October 2021 to June 30, 2026 · Updated October 15, 2026
178
SBA loans approved
$112.1M
Total approved
$253,750
Median loan
51
Lenders active
45%
To startups

178 SBA loans worth $112.1M went to businesses in Myrtle Beach, SC between October 2021 and June 2026, from 51 lenders. TD Bank made the most, 38 loans. The median loan was $253,750, compared with $250,000 across South Carolina, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Myrtle Beach

#LenderLoansApprovedMedian loanTo startups
1TD Bank
Bank · Wilmington, DE
38$4.4M$50,00050%
2Huntington National Bank
Bank · Columbus, OH
13$7.9M$296,00077%
3Wells Fargo Bank
Bank · Sioux Falls, SD
13$3.1M$20,00077%
4Provident Business Financial Services
Certified development company · West Columbia, SC
8$11.7M$1,506,50038%
5Newtek Bank
Bank · Miami, FL
8$3.4M$350,00025%
6SouthState Bank
Bank · Winter Haven, FL
8$2.6M$212,5000%
7Readycap Lending
Non-bank lender · Berkeley Heights, NJ
8$1.9M$165,00038%
8Bank of America
Bank · Charlotte, NC
7$4.1M$353,60029%
9Live Oak Banking
Bank · Wilmington, NC
5$10.4M$990,00040%
10BayFirst National Bank
Bank · St. Petersburg, FL
5$1.3M$150,0000%
11Pinnacle Bank
Bank · Nashville, TN
4$5.6M$607,25025%
12First Bank of the Lake
Bank · Osage Beach, MO
4$3.8M$524,50075%
13United Midwest Savings Bank
Bank · Degraff, OH
4$635K$142,500100%
14Celtic Bank
Bank · Salt Lake City, UT
4$446K$125,00025%
15Appalachian Development
Certified development company · Greenville, SC
3$6.2M$2,577,00067%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Myrtle Beach. For 504 loans the lender shown is the certified development company.

What gets financed in Myrtle Beach

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels36
20%
$745,250TD Bank
Other services (repair, personal care)21
12%
$510,000Huntington National Bank
Administrative and support services18
10%
$150,000TD Bank
Construction17
10%
$250,000TD Bank
Retail17
10%
$150,000TD Bank
Health care and social assistance15
8%
$200,000SouthState Bank
Professional and technical services10
6%
$324,100Readycap Lending
Transportation and warehousing9
5%
$80,000TD Bank
Loan size mix
  • Under $150,00035%
  • $150,000 to $500,00029%
  • $500,000 to $2 million27%
  • $2 million and up8%
Compared with South Carolina
Median loan, Myrtle Beach
$253,750
Median loan, South Carolina
$250,000
Startup share, Myrtle Beach
45%
Startup share, South Carolina
40%
Share of state's SBA loans
4.9%

SBA loans per fiscal year in Myrtle Beach

0204060FY14: 18 loansFY14FY15: 16 loansFY15FY16: 23 loansFY16FY17: 17 loansFY17FY18: 32 loansFY18FY19: 33 loansFY19FY20: 18 loansFY20FY21: 15 loansFY21FY22: 28 loansFY22FY23: 33 loansFY23FY24: 57 loansFY2457FY25: 43 loansFY25FY26 (Oct to Jun): 17 loansFY2617
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.