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South Carolina · Construction
SBA loans for construction in South Carolina
913 loans worth $336.9M approved since FY2010 for construction projects located in South Carolina.
Loans
913
Approved
$336.9M
Median loan
$150,000
+50% vs sector nationally
Median rate
9.25%
Jobs supported
7,096
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 construction in South Carolina
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Live Oak Banking Company | 33 | $37.3M | |
| TD Bank | 200 | $30.5M | |
| Pinnacle Bank | 30 | $28.5M | |
| The Huntington National Bank | 44 | $21.3M | |
| First-Citizens Bank & Trust Company | 14 | $16.2M | |
| Wells Fargo Bank | 141 | $13.7M | |
| 1st Financial Bank USA | 4 | $13.5M | |
| SouthState Bank | 21 | $12.0M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for construction in South Carolina since FY2010 was $150,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in South Carolina
9,309 loans across every sector.
Construction nationally
115,753 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to construction businesses in South Carolina?
- 913 SBA loans totalling $336,940,600 have been approved for construction projects in South Carolina since FY2010.
- Which lenders finance construction in South Carolina?
- The most active by dollars approved are Live Oak Banking Company, TD Bank, Pinnacle Bank, The Huntington National Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for construction in South Carolina?
- The median approval is $150,000, 50% above the national median for this sector ($100,000).
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