South Carolina · Restaurants & Hotels
SBA loans for restaurants & hotels in South Carolina
1,637 loans worth $1.73B approved since FY2010 for accommodation and food services projects located in South Carolina.
Loans
1,637
Approved
$1.73B
Median loan
$552,500
+84% vs sector nationally
Median rate
6.75%
Jobs supported
31,831
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to restaurants & hotels in South Carolina
| Lender | Loans | Approved | Share |
|---|---|---|---|
| GBank | 58 | $161.6M | |
| Pinnacle Bank | 67 | $76.4M | |
| United Community Bank | 71 | $76.0M | |
| Provident Business Financial Services, Inc. | 50 | $72.8M | |
| The Huntington National Bank | 88 | $70.7M | |
| TD Bank | 125 | $57.9M | |
| Appalachian Development Corporation | 39 | $54.6M | |
| Peoples Bank | 14 | $48.4M |
Detail
Which industries inside the sector
All SBA lending in South Carolina
9,309 loans across every sector.
Restaurants & Hotels nationally
137,471 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to restaurants & hotels businesses in South Carolina?
- 1,637 SBA loans totalling $1,730,221,100 have been approved for accommodation and food services projects in South Carolina since FY2010.
- Which lenders finance restaurants & hotels in South Carolina?
- The most active by dollars approved are GBank, Pinnacle Bank, United Community Bank, Provident Business Financial Services, Inc.. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for restaurants & hotels in South Carolina?
- The median approval is $552,500, 84% above the national median for this sector ($300,000).
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