Primesouth Bank approved 29 SBA loans worth $28.2M between October 2021 and June 2026, ranking #731 of 2,283 SBA lenders nationally by loan count. Its median loan was $842,000, and 52% went to startups or businesses under two years old. It lent in 3 states, most often in Georgia, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Georgia | 23 | $22.4M | $800,000 | #73 |
| Florida | 5 | $5.7M | $1,137,000 | #171 |
| Texas | 1 | $58K | $58,500 | #381 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 9 | $909,000 | |
| Retail | 5 | $305,700 | |
| Arts, entertainment and recreation | 4 | $653,750 | |
| Health care and social assistance | 4 | $632,500 | |
| Manufacturing | 3 | $1,138,700 | |
| Administrative and support services | 1 | $137,500 | |
| Other services (repair, personal care) | 1 | $130,000 | |
| Real estate and rental | 1 | $1,137,000 | |
| Wholesale trade | 1 | $1,618,000 |