Security Federal Bank approved 35 SBA loans worth $10.5M between October 2021 and June 2026, ranking #672 of 2,283 SBA lenders nationally by loan count. Its median loan was $283,500, and 66% went to startups or businesses under two years old. It lent in 2 states, most often in South Carolina, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| South Carolina | 22 | $6.7M | $276,750 | #33 |
| Georgia | 13 | $3.8M | $334,000 | #103 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 8 | $315,500 | |
| Transportation and warehousing | 6 | $172,350 | |
| Other services (repair, personal care) | 4 | $355,500 | |
| Health care and social assistance | 4 | $312,300 | |
| Construction | 2 | $240,000 | |
| Retail | 2 | $244,850 | |
| Real estate and rental | 2 | $297,150 | |
| Arts, entertainment and recreation | 2 | $381,250 | |
| Administrative and support services | 1 | $388,800 | |
| Education | 1 | $472,000 |