South Carolina · Retail
SBA loans for retail in South Carolina
775 loans worth $481.1M approved since FY2010 for retail trade projects located in South Carolina.
Loans
775
Approved
$481.1M
Median loan
$350,000
+40% vs sector nationally
Median rate
6.75%
Jobs supported
7,074
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 retail in South Carolina
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Pinnacle Bank | 43 | $46.2M | |
| Live Oak Banking Company | 32 | $37.6M | |
| Provident Business Financial Services, Inc. | 24 | $29.2M | |
| TD Bank | 82 | $26.3M | |
| United Community Bank | 35 | $24.1M | |
| Wells Fargo Bank | 89 | $23.6M | |
| Truist Bank | 41 | $19.4M | |
| Citizens Bank | 18 | $15.7M |
Detail
Which industries inside the sector
All SBA lending in South Carolina
9,309 loans across every sector.
Retail nationally
91,542 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to retail businesses in South Carolina?
- 775 SBA loans totalling $481,100,200 have been approved for retail trade projects in South Carolina since FY2010.
- Which lenders finance retail in South Carolina?
- The most active by dollars approved are Pinnacle Bank, Live Oak Banking Company, Provident Business Financial Services, Inc., TD Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for retail in South Carolina?
- The median approval is $350,000, 40% above the national median for this sector ($250,000).
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