(Media release from the US Small Business Administration):

The U.S. Small Business Administration’s Georgia District Office has released SBA  loan approval activity in the state for federal Fiscal Year (FY) 2022. From October 1, 2021 through September 30, 2022, over 1,700 traditional loans and microloans were approved for more than $1.4 billion in funding to small businesses throughout the state.

“Georgia is one of the top 10 states in the nation for the SBA helping small business owners access the necessary capital to help them start, grow, or expand their enterprises.” said Terri Denison, Georgia District Office director. “Since the pandemic, more people know about the SBA and we’re committed to expanding our network of lenders and lending footprint across the state with our established programs.”

FY 2022 SBA loan program summary:

The Georgia District’s top 10 lenders for the 7(a) and 504 programs by approval amounts include:

7(a) LendersApproval CountApproval Amount
Metro City Bank38$80,943,700
Live Oak Banking Company35$49,655,300
Newtek Small Business Finance, Inc.72$48,681,000
First IC Bank23$42,807,000
Georgia’s Own CU34$35,272,900
SouthState Bank35$33,645,600
Embassy National Bank15$31,645,600
Cadence Bank47$27,494,600
Craft Bank23$27,371,700
Heritage Bank28$25,568,100
504 LendersApproval CountApproval Amount
Capital Partners Certified Development Company62$83,954,000
Florida Business Development Corporation67$79,476,000
Georgia Certified Development Corporation21$33,162,000
Small Business Access Partners, Inc.30$29,920,000
CSRA Local Development Corporation22$18,529,000
Small Business Assistance Corporation8$8,002,000
Coastal Area District Development Authority, Inc.7$7,145,000
Florida First Capital Finance Corporation, Inc.7$3,911,000
Southern Georgia Area Development Corporation3$1,678,000
Sunshine State Economic Development Corp.1$1,529,000

The Georgia District also ranked in the top 10 states for trade financing. More than $33 million was financed for small business exports. The SBA’s Small Business Investment Company program financed $199.9 million to 28 small businesses in Georgia in FY 2022.

For more information about SBA’s loan programs, financial assistance, and other services in Georgia, visit