104 SBA loans worth $83.6M went to businesses in Spartanburg, SC between October 2021 and June 2026, from 41 lenders. Countybank made the most, 14 loans. The median loan was $500,000, compared with $250,000 across South Carolina, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Countybank Bank · Greenwood, SC | 14 | $13.2M | $656,000 | 36% |
| 2 | Newtek Bank Bank · Miami, FL | 12 | $2.5M | $135,000 | 8% |
| 3 | Huntington National Bank Bank · Columbus, OH | 7 | $6.4M | $332,500 | 57% |
| 4 | Live Oak Banking Bank · Wilmington, NC | 6 | $7.7M | $890,000 | 17% |
| 5 | BayFirst National Bank Bank · St. Petersburg, FL | 5 | $1.2M | $150,000 | 40% |
| 6 | Provident Business Financial Services Certified development company · West Columbia, SC | 4 | $6.0M | $1,630,000 | 25% |
| 7 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 4 | $2.5M | $575,000 | 0% |
| 8 | Wells Fargo Bank Bank · Sioux Falls, SD | 4 | $271K | $27,500 | 100% |
| 9 | Pinnacle Bank Bank · Nashville, TN | 3 | $3.1M | $748,000 | 33% |
| 10 | Appalachian Development Certified development company · Greenville, SC | 3 | $2.2M | $568,000 | 33% |
| 11 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 3 | $1.3M | $218,000 | 0% |
| 12 | TD Bank Bank · Wilmington, DE | 3 | $963K | $71,000 | 33% |
| 13 | GBank Bank · Las Vegas, NV | 2 | $6.5M | $3,255,000 | 0% |
| 14 | Fifth Third Bank Bank · Cincinnati, OH | 2 | $4.2M | $2,093,000 | 50% |
| 15 | Fidelity Bank Bank · Fuquay Varina, NC | 2 | $2.5M | $1,235,000 | 50% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 15 | $948,000 | GBank | |
| Retail | 14 | $358,750 | Newtek Bank | |
| Health care and social assistance | 12 | $222,500 | BayFirst National Bank | |
| Other services (repair, personal care) | 12 | $567,000 | Countybank | |
| Manufacturing | 10 | $620,000 | Newtek Small Business Finance | |
| Construction | 8 | $534,000 | Countybank | |
| Finance and insurance | 7 | $300,000 | Huntington National Bank | |
| Professional and technical services | 6 | $1,780,500 | HomeTrust Bank |