Top SBA Lenders in Georgia

Georgia, a bustling hub of commerce and innovation, is home to a diverse array of businesses seeking financial support for growth. Small Business Administration (SBA) loans play a crucial role in fueling these entrepreneurial dreams. Let’s explore the top SBA lenders in the Peach State, each offering unique strengths and opportunities for local businesses:

Georgia Preferred SBA Lenders

RankBankBank HQ# of Loans Avg Loan Avg Interest
1U.S. BankCincinnati, OH88 $150,455 6.7%
2Wells FargoSioux Falls, SD77 $218,334 9.0%
3Live OakWilmington, NC37 $1,422,297 6.6%
4Celtic BankSalt Lake City, UT32 $880,353 7.4%
5Newtek Small Business FinanceLake Success, NY29 $549,879 8.2%
6BayFirst National BankSaint Petersburg, FL27 $291,685 8.3%
7The Huntington National BankColumbus, OH27 $382,744 8.0%
8JPMorgan Chase BankColumbus, OH26 $189,238 7.1%
9United Midwest Savings BankDe Graff, OH26 $276,692 7.2%
10MidFirst BankOklahoma City, OK25 $1,341,756 6.9%
11Enterprise Bank & TrustClayton, MO22 $747,395 6.2%
12Arizona Financial Credit UnionPhoenix, AZ20 $674,650 5.8%
13Bell BankFargo, ND20 $1,007,090 5.4%
14Alerus FinancialGrand Forks, ND17 $728,994 6.7%
15America First FCURiverdale, UT16 $1,225,538 6.4%
16BancorpSouth BankTupelo, MS16 $455,625 7.0%
17Business Development FinanceTucson, AZ16 $178,750 9.0%
18CDC Small Business FinanceSan Diego, CA16 $198,250 9.1%
19Midwest Regional BankFestus, MO15 $614,133 7.1%
20Readycap Lending, LLCBerkeley Heights, NJ15 $283,980 8.0%
21St. Louis BankSt. Louis, MO15 $1,497,133 7.4%
22Bank of AmericaCharlotte, NC12 $191,533 4.3%
23BMO Harris BankChicago, IL12 $809,733 6.5%
24BNC National BankGlendale, AZ12 $362,000 7.3%
25Harvest Small Business FinanceLaguna Hills, CA11 $676,164 7.8%
26Comerica BankDallas, TX9 $165,156 5.9%
27Zions BankSalt Lake City, UT9 $588,556 8.1%
28Meadows BankLas Vegas, NV8 $1,757,375 6.3%
29Mountain America FCUSandy, UT8 $525,463 9.1%
30PNC BankWilmington, DE8 $814,200 6.1%
31Byline BankChicago, IL6 $1,620,833 7.3%
32Citizens BankElizabethton, TN6 $500,700 7.8%
33Falcon National BankFoley, MN6 $1,292,383 7.5%
34Five Star BankRancho Cordova, CA6 $262,667 8.0%
35Sunflower BankDenver, CO6 $342,983 5.9%
36The Bancorp BankSioux Falls, SD6 $1,018,867 7.6%
37US Metro BankGarden Grove, CA6 $2,081,833 7.1%
38Commerce Bank of ArizonaTucson, AZ5 $1,036,200 7.2%
39First Bank of the LakeOsage Beach, MO5 $1,953,600 8.4%
40First-Citizens Bank & TrustRaleigh, NC5 $892,000 5.9%

1. U.S. Bank

U.S. Bank, headquartered in Cincinnati, OH, extends its services to Georgia with 88 SBA loans. As a national player, the bank provides accessibility through smaller loan amounts, coupled with a competitive average interest rate of 6.7%.

2. Wells Fargo

Wells Fargo, based in Sioux Falls, SD, is a notable player in Georgia’s SBA lending landscape, offering 77 loans. Businesses benefit from accessible financing, although it comes with a higher average interest rate of 9.0%.

3. Live Oak

Live Oak, headquartered in Wilmington, NC, is a key player in Georgia, providing 37 SBA loans. With a focus on high-value loans (averaging $1,422,297), Live Oak caters to businesses with substantial financing needs at a competitive interest rate of 6.6%.

4. Celtic Bank

Celtic Bank, headquartered in Salt Lake City, UT, actively participates in Georgia’s SBA lending landscape with 32 loans. Specializing in moderate-sized loans with an average interest rate of 7.4%, Celtic Bank caters to a range of businesses.

5. Newtek Small Business Finance

Newtek Small Business Finance, based in Lake Success, NY, engages in Georgia’s business community with 29 SBA loans. With loans averaging $549,879, the lender provides a reliable option for businesses seeking moderate financing at an interest rate of 8.2%.

6. BayFirst National Bank

BayFirst National Bank, though based in Saint Petersburg, FL, actively participates in Georgia’s SBA lending landscape. Offering 27 loans, it stands as a reliable option for businesses seeking accessible financing with a moderate interest rate of 8.3%.

7. The Huntington National Bank

The Huntington National Bank, based in Columbus, OH, plays a crucial role in Georgia’s SBA lending landscape with 27 loans. Striking a balance between loan quantity and size, it caters to businesses with varying financial needs at a competitive interest rate of 8.0%.

8. JPMorgan Chase Bank

JPMorgan Chase Bank, with a regional focus, provides 26 SBA loans in Georgia. Businesses benefit from a moderate loan size averaging $189,238 and a competitive interest rate of 7.1%.

9. United Midwest Savings Bank

United Midwest Savings Bank, based in De Graff, OH, extends its services to Georgia with 26 loans averaging $276,692. Striking a balance between accessibility and loan size, it provides a reliable option for businesses seeking moderate financing at a competitive interest rate of 7.2%.

10. MidFirst Bank

MidFirst Bank, headquartered in Oklahoma City, OK, actively engages in Georgia’s SBA lending landscape with 25 loans. With a focus on high-value loans (averaging $1,341,756), it caters to businesses with substantial financing needs at a competitive interest rate of 6.9%.

In conclusion, Georgia businesses have a diverse array of SBA lending options, ranging from local institutions to nationally recognized banks. Entrepreneurs should carefully consider factors such as the lender’s regional focus, loan quantity, average loan amount, and interest rates to make informed decisions that align with their business objectives. Whether seeking smaller, more accessible loans or substantial financial support, these top SBA lenders offer valuable resources to navigate the dynamic business environment in the Peach State.

Top Industries for SBA loans in Georgia

RankIndustry# of Loans Avg Loan Avg Interest
1Full-Service Restaurants76 $795,378 6.7%
2Hotels (except Casino Hotels) and Motels61 $2,812,438 6.4%
3Limited-Service Restaurants57 $455,840 6.9%
4Child Day Care Services44 $1,204,680 6.8%
5Fitness and Recreational Sports Centers30 $464,660 7.2%
6Insurance Agencies and Brokerages25 $486,048 7.6%
7Snack and Nonalcoholic Beverage Bars23 $537,439 6.3%
8General Freight Trucking, Long Distance, Truckload22 $156,864 9.2%
9Car Washes21 $2,647,957 6.3%
10Residential Remodelers19 $255,726 8.2%
11General Automotive Repair18 $715,778 6.4%
12Pet Care (except Veterinary) Services18 $646,689 6.9%
13Offices of Physicians (except Mental Health Specialists)16 $525,319 6.6%
14General Freight Trucking, Local16 $331,063 8.6%
15Beauty Salons16 $112,456 7.9%
16Broilers and Other Meat Type15 $1,575,527 6.3%
17Other Personal Care Services14 $358,986 6.8%
18All Other Specialty Trade Contractors13 $363,954 7.8%
19Plumbing, Heating, and Air-Conditioning Contractors13 $288,346 7.0%
20Landscaping Services12 $948,317 7.6%
21Offices of Chiropractors12 $522,117 7.6%
22Home Health Care Services11 $489,255 7.8%
23Retail Bakeries11 $481,764 6.7%
24Electrical Contractors11 $337,155 6.9%
25All Other Professional, Scientific, and Technical Services10 $596,000 7.0%
26Administrative Management and General Management Consulting Services10 $153,400 8.2%
27Custom Computer Programming Services10 $618,770 6.7%
28Employment Placement Agencies10 $406,000 8.8%
29Supermarkets and Other Grocery (except Convenience) Stores10 $650,330 6.6%
30Offices of Certified Public Accountants9 $376,722 6.8%
31Beer, Wine, and Liquor Stores9 $2,198,444 6.0%
32All Other Personal Services8 $125,375 9.4%
33Offices of All Other Miscellaneous Health Practitioners8 $358,500 7.7%
34Lessors of Nonresidential Buildings (except Miniwarehouses)8 $1,120,225 5.9%
35Funeral Homes and Funeral Services8 $1,117,525 6.4%
36All Other Amusement and Recreation Industries7 $497,771 7.1%
37Couriers7 $375,429 6.0%
38Sports and Recreation Instruction7 $584,443 7.5%
39Other Poultry Production7 $1,964,171 6.8%
40Offices of Dentists7 $724,229 5.8%

Top SBA Loan Franchises in Georgia

RankFranchiseName# of Loans Avg Loan Avg Interest
1Hotworx9 $409,489 8.1%
2Quality Inn7 $3,007,571 6.0%
3The UPS Store5 $439,120 7.0%
4Super 84 $2,369,625 7.3%
5Patrice & Associates4 $125,000 9.0%
6Days Inn4 $2,558,450 7.2%
7Crumbl3 $556,967 8.0%
8Scenthound3 $223,333 6.8%
9Squeegee Squad3 $183,333 9.0%
10Mighty Dog Roofing3 $239,833 7.1%
11Waxing the City3 $240,400 6.0%
12WNB FACTORY3 $368,333 7.5%
13Firehouse Subs3 $568,400 5.6%
14ELLIANOS COFFEE COMPANY3 $727,000 6.3%
15Bruster’s Real Ice Cream3 $968,000 5.9%
16Sleep Inn3 $3,460,667 6.9%
17Motel 63 $2,158,467 7.4%
18La Quinta Inn3 $3,899,167 4.0%
19Primrose Schools3 $2,541,000 5.7%
20Clarion3 $3,278,667 7.0%
21Best Western3 $3,459,167 5.6%
22Baymont Inn & Suites3 $2,969,667 5.8%
23Kiddie Academy3 $3,508,667 6.5%
24Alloy Personal Training2 $129,000 6.0%
25LIME Painting2 $150,000 6.0%
26DoodyCalls2 $150,000 6.3%
27Tutu School2 $150,000 6.3%
28Benjamin Franklin Plumbing2 $150,000 6.8%
29BlueFrog Plumbing + Drain2 $143,450 9.0%
30Roto-Rooter2 $159,500 7.3%
31Mr. Electric2 $150,000 6.0%
32Property Management Inc.2 $150,000 6.3%
33Sir Grout2 $150,000 9.0%
34Nothing Bundt Cakes2 $593,500 6.4%
35Sweet & Sassy2 $264,600 9.0%
36Seniors Helping Seniors 2 $150,000 6.0%
37Crumbl2 $461,500 3.9%
38Smash My Trash2 $842,900 8.0%
39The Exercise Coach2 $152,900 9.3%
40Savi Provisions2 $782,550 7.6%

Top Georgia SBA Loan Borrowers by Jobs Supported

RankBusinessLocationIndustry Loan Size Interest Rate Jobs
1TALENTQUEST LLCAtlanta, GAHuman Resources and Executive Search Consulting Services $1M – $2.5M 7.3%292
2DELBAR HOLDINGS LLCAlpharetta, GAFull-Service Restaurants $2.5M – $5M 5.5%194
3CUMBERLAND LANDSCAPE GROUP LLMarietta, GALandscaping Services $2.5M – $5M 5.3%188
4PROVIDENCE CARE INCFayetteville, GAHome Health Care Services $1M – $2.5M 9.0%160
5THIRD SPOT ATLANTA LLCAtlanta, GAFull-Service Restaurants $1M – $2.5M 6.0%150
6ATLANTA ELDERLY HOME CARE LLCPeachtree Corners, GAHome Health Care Services $1M – $2.5M 3.8%140
7CRUMBL ATHENSAlpharetta, GASnack and Nonalcoholic Beverage Bars $250K – $500K 5.3%135
8ALPHA MAIN LLCWoodstock, GABreweries $1M – $2.5M 8.5%131
9SNELLVILLE MARKETPLACE LLCSnellville, GASnack and Nonalcoholic Beverage Bars $250K – $500K 2.5%128
10ISG PARTNERS LLCBrookhaven, GAEmployment Placement Agencies $500K – $1M 9.8%126
11EXPRESS MILE LLCAtlanta, GACouriers $250K – $500K 8.0%120
12PROTECT SECURITY LLCAtlanta, GAInvestigation Services $250K or less 7.5%100
13SLICEABILITY LLCCumming, GALimited-Service Restaurants $250K or less 6.8%100
14HODGSON CAREGIVERS LLCPeachtree City, GAHome Health Care Services $500K – $1M 9.3%100
15DEMIS PRODUCTS INC.Lithonia, GAAll Other Miscellaneous Wood Product Manufacturing $2.5M – $5M 5.5%93
16TDW 3 LLCBethlehem, GARetail Bakeries $500K – $1M 8.3%92
17TDW 2 LLCSuwanee, GARetail Bakeries $500K – $1M 8.3%92
18INTEGRITY DENTAL SERVICES LLCDuluth, GADental Laboratories $1M – $2.5M 6.0%85
19RIVER FORKS LLCGainesville, GALimited-Service Restaurants $500K – $1M 6.3%80
20MJO ENTERPRISES LLCCanton, GAServices for the Elderly and Persons with Disabilities $1M – $2.5M 6.8%76
21GPD SERVICES LLCAlpharetta, GAOther Personal Care Services $250K – $500K 8.0%74
22TDW 1 LLCDouglasville, GARetail Bakeries $500K – $1M 7.5%72
23GOYAL CARE LLCAtlanta, GAChild Day Care Services $2.5M – $5M 5.7%70
24ZSSZ ONE LLCAtlanta, GABaked Goods Stores $250K – $500K 7.0%68
25SKY ZONE OF COLUMBUS GAAtlanta, GAAmusement Arcades $250K – $500K 9.3%67
26SUBPERB SANDWICHES OF GEORGIAFairburn, GALimited-Service Restaurants $500K – $1M 5.8%67
27SLICK CAPITAL LLCWoodstock, GALimited-Service Restaurants $500K – $1M 5.8%67
28ZMC & ASSOCIATES LLCLilburn, GAOffices of Certified Public Accountants $250K or less 10.0%66
29ZMC & ASSOCIATES LLCLilburn, GATax Preparation Services $250K – $500K 6.3%66
30H&H REGIONAL INCCumming, GAInstitutional Furniture Manufacturing $250K or less 5.0%65
31ENZO BY ITL LLCFayetteville, GAFull-Service Restaurants $1M – $2.5M 6.3%63
32EUG ATLANTA LLCMorrow, GAFull-Service Restaurants $500K – $1M 7.0%62
33HOMESTEAD RESTAURANT GROUP LLCumming, GAFull-Service Restaurants $500K – $1M 6.8%61
34TECHMONK LLCPeachtree Corners, GAComputer and Computer Peripheral Equipment and Software Merchant Whole $1M – $2.5M 8.0%61
35JUMP RESTAURANT BRANDS LLCMilton, GALimited-Service Restaurants $250K or less 6.0%60
36ADVANCED DERMAL SCIENCES LLCRoswell, GAOther Personal Care Services $250K or less 10.0%60
37CADUCEUS MEDICAL LOGISTICS LLMarietta, GACouriers $250K – $500K 5.3%60
38SAVANNAH RIVER LOGISTICS LLCPooler, GACouriers $500K – $1M 4.9%60
39TABLE AT THE LAKE OPERATING COGreensboro, GAFull-Service Restaurants $1M – $2.5M 9.8%58
40T&R ENTERPRISE USA INC.Lilburn, GAOther Miscellaneous Durable Goods Merchant Wholesalers $250K or less 10.0%55
41HOLEMAN & FINCH PUBLIC HOUSEAtlanta, GAFull-Service Restaurants $1M – $2.5M 7.5%52
42RUTHERFORD REIGN LLCLithonia, GAFull-Service Restaurants $500K – $1M 9.5%51
43ZEPPONE CARING HANDS HOME CARESavannah, GAHome Health Care Services $500K – $1M 6.3%50
44AKSHARA QSR LLCRoswell, GALimited-Service Restaurants $500K – $1M 9.8%49
45ARK ENDEAVORS 786 LLCSuwanee, GASnack and Nonalcoholic Beverage Bars $1M – $2.5M 8.3%49
46POLYSINTER CORPFayetteville, GAMachine Shops $1M – $2.5M 8.8%48
47REPRAH ENTERPRISE LLCConyers, GAResidential Mental Retardation Facilities $250K – $500K 6.0%47
48KINDTOUCH HEALTHCARE SERVICESLilburn, GAHome Health Care Services $250K – $500K 8.3%46
49ROLAND TRISTLAY LEARNING CENTEAcworth, GAChild Day Care Services $250K – $500K 5.8%46
50PINE VISTA LLCMarietta, GAOther Specialized Design Services $500K – $1M 5.3%46
51CHESTER’S BAR AND GRILL LLCBlue Ridge, GAFull-Service Restaurants $1M – $2.5M 7.5%46
5215 GRIFFIN LLCMcdonough, GAFull-Service Restaurants $1M – $2.5M 6.5%45
53MODIR TRANSPORTATION LLCScottdale, GASpecialized Freight (except Used Goods) Trucking, Local $2.5M – $5M 6.3%44
54SEVENTEEN SEVENTY-SIX INCGainesville, GAAll Other Miscellaneous Store Retailers (except Tobacco Stores) $250K – $500K 6.0%43
55THE KENNEDY HOSPITALITY GROUPBlue Ridge, GAFull-Service Restaurants $500K – $1M 6.0%43
56STARMUTTS LLCSavannah, GA $500K – $1M 6.5%43
57APPLETREE PREP COVINGTON LLCCovington, GAChild Day Care Services $1M – $2.5M 7.5%43
58BPCW-GRIFFIN LLCGriffin, GACar Washes $2.5M – $5M 9.0%43
59KILLIAN HILL CHILDCARE LLCLilburn, GAChild Day Care Services $500K – $1M 5.6%42
60NODIANA LLCRoswell, GAFull-Service Restaurants $500K – $1M 8.3%42
61BIG PEACH CAR WASH LLCForsyth, GACar Washes $2.5M – $5M 5.0%41
62THE ROOF CLINIC LLCBuford, GARoofing Contractors $250K or less 5.9%40
63THE BRITISH PIE COMPANY LLCPooler, GALimited-Service Restaurants $250K – $500K 9.0%40
64FRESH START PIZZA & PUB LLCMcdonough, GAFull-Service Restaurants $250K – $500K 7.8%40
65MEYER VENTURES LLCSavannah, GALimited-Service Restaurants $250K – $500K 9.8%40
66STATESBORO WOODFIRE LLCStatesboro, GAFull-Service Restaurants $250K – $500K 5.3%40
67ROCCO’S PUB INCJasper, GAFull-Service Restaurants $1M – $2.5M 7.0%40
68HD HOSPITALITY LLCColumbus, GAHotels (except Casino Hotels) and Motels $2.5M – $5M 4.3%40
69PRS CUMMING WEST BUSINESS LLCCumming, GAChild Day Care Services $1M – $2.5M 5.6%39
70PRS ROSWELL BUSINESS LLCRoswell, GAChild Day Care Services $2.5M – $5M 5.0%39
71GEORGIA LUXURY AUTOMOTIVE INCSmyrna, GAAutomotive Body, Paint, and Interior Repair and Maintenance $250K or less 5.8%38
72FIREHOUSE SUBSDuluth, GALimited-Service Restaurants $500K – $1M 6.0%38
73DGD HOLDINGS LLCNorcross, GAJanitorial Services $1M – $2.5M 4.9%37
74FH PACKAGINGDublin, GAOther Miscellaneous Nondurable Goods Merchant Wholesalers $1M – $2.5M 6.3%37
75ATHENS HARMONY ENTERPRISES LLAthens, GALimited-Service Restaurants $500K – $1M 6.0%36
76UNDISPUTED INVESTMENTS LLCAtlanta, GA $1M – $2.5M 8.3%36
77FIRM FOUNDATIONS INC.Buford, GAPoured Concrete Foundation and Structure Contractors $2.5M – $5M 6.0%36
78JACK W. CARTER D.M.D. P.C.Augusta, GAOffices of Dentists $250K – $500K 6.0%35
79GOLDEN RULE HOSPICE INC.Alpharetta, GAHome Health Care Services $250K – $500K 6.0%35
80MACARON QUEEN LLCAtlanta, GACommercial Bakeries $500K – $1M 6.8%35
81PRIME CARE LEARNING CENTER INCollege Park, GAChild Day Care Services $1M – $2.5M 6.3%35
82ICARE CHILD DEVELOPMENT CENTERDecatur, GAChild Day Care Services $1M – $2.5M 9.0%35
83E.J.Y. ENTERPRISES D/B/A TRI SColumbus, GARepossession Services $2.5M – $5M 6.5%35
84SPRINGDELL 1018 LLCAlpharetta, GABeauty Salons $250K – $500K 9.0%34
85DT JOHNS CREEK LLCDuluth, GASnack and Nonalcoholic Beverage Bars $250K – $500K 6.0%34
86JH BAKERY CAFE ASFORD LANE LLCAtlanta, GARetail Bakeries $500K – $1M 5.3%34
87HALL BEER HOLDINGS LLCCumming, GABreweries $1M – $2.5M 9.0%34
883650 CLUB DR LLCLawrenceville, GAChild Day Care Services $1M – $2.5M 7.8%33
89FRQNCY MEDIA CO.Atlanta, GA $250K – $500K 8.3%32
90LRCVISION INC.Atlanta, GAFull-Service Restaurants $500K – $1M 6.8%32
91INDIFRESH LLCCumming, GASupermarkets and Other Grocery (except Convenience) Stores $1M – $2.5M 7.3%32
92S&N BASTANI LLCMarietta, GASnack and Nonalcoholic Beverage Bars $1M – $2.5M 5.5%32
93BROADWELL INDUSTRIES LLCAthens, GAFull-Service Restaurants $250K or less 6.0%31
94FAIRWAY TAVERN LLCValdosta, GAFull-Service Restaurants $2.5M – $5M 6.3%31
95RED DIAMOND HOSPITALITY LLCKingsland, GAHotels (except Casino Hotels) and Motels $2.5M – $5M 6.8%31
96APMC MOVING & DELIVERY LLCAtlanta, GALocal Messengers and Local Delivery $500K – $1M 5.8%30
97LTX LLCCumming, GAPoured Concrete Foundation and Structure Contractors $500K – $1M 6.3%30
98ALL INSPIRED BOUTIQUES LLCJohns Creek, GA $500K – $1M 6.0%30
99HY LAUNDROLAB 1 LLCLilburn, GA $1M – $2.5M 5.8%30
100XPERT HOME LENDING INCSuwanee, GAMortgage and Nonmortgage Loan Brokers $1M – $2.5M 6.3%30

Note about SBA lenders near me in Georgia

When it comes to top Georgia SBA lenders, it’s a common inquiry whether any of the listed banks are 1) included in the Georgia preferred lender list, 2) approved lenders in Georgia, or 3) active participants in the Georgia SBA Express lending program. These queries center around the ability of a given SBA bank to facilitate small business SBA loans in Georgia swiftly. The answer is an unequivocal yes. These aren’t your run-of-the-mill banks making only a handful of SBA loans annually; these are institutions well-versed in the intricacies of the SBA 7(a) loan program. They stand out as the top performers in Georgia, as evidenced by our thorough analysis of thousands of SBA loans each year, leading us to rank lenders based on recent activity.

It’s crucial to note that while some banks may limit their lending to specific regions, there exist a select few highly assertive nationwide SBA lenders that operate nationally. These lenders possess a profound understanding of the SBA program and execute transactions with remarkable speed. Therefore, we advise against restricting your search solely to your home state. Our lender match tool proves invaluable in this regard. By utilizing it, we can identify suitable SBA banks tailored to your specific needs, be it geography, industry, company size, all at no cost or obligation to you. This service aims to save you valuable time and ensure a seamless SBA loan process.