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SBA 7(a) record
Security Federal Bank: SBA 7(a) loans made
Security Federal Bank, a bank based in Aiken, SC, made 21 SBA 7(a) loans in the 36 months ending September 30, 2026, $6.3M in all, net of cancelled approvals. The typical loan was about $270K, and 5 were in the last 12 months. Most were in South Carolina.
- Evidence
- SBA 7(a) loans in the 36 months ending September 30, 2026, SBA
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 9, 2026
- Loans, 36 months
- 21
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $6.28M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $270K
- SBA FOIA,
- Largest loan
- $720K
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 5
- SBA FOIA,
Cite this
Source: The Lender Report, Security Federal Bank: SBA 7(a) loans made, https://lender.report/lender/security-federal-bank-sc/sba-7a/, data as of September 30, 2026.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Jul 2026 | South Carolina | SBA 7(a), Assisted Living Facilities for the Elderly | $260K | 9.5% | 20 yr | SBA FOIA | |
| Jun 2026 | Georgia | SBA 7(a), Fitness and Recreational Sports Centers | $510K | 9.5% | 10 yr | SBA FOIA | |
| Jun 2026 | Georgia | SBA 7(a), Mobile Food Services | $58K | 9.5% | 5 yr | SBA FOIA | |
| Apr 2026 | Georgia | SBA 7(a), Full-Service Restaurants | $330K | 9.5% | 7 yr | SBA FOIA | |
| Dec 2025 | Georgia | SBA 7(a), Real Estate and Rental and Leasing | $340K | 9.75% | 10 yr | SBA FOIA | |
| Sep 2025 | South Carolina | SBA 7(a), Clothing and Clothing Accessories Retailers | $350K | 10.25% | 7 yr | SBA FOIA | |
| Jul 2025 | South Carolina | SBA 7(a), Barber Shops | $170K | 10.25% | 20 yr | SBA FOIA | |
| May 2025 | Georgia | SBA 7(a), Meat Retailers | $140K | 10.25% | 6 yr | SBA FOIA | |
| Feb 2025 | South Carolina | SBA 7(a), General Freight Trucking, Local | $160K | 10.25% | 7 yr | SBA FOIA | |
| Dec 2024 | South Carolina | SBA 7(a), All Other Consumer Goods Rental | $250K | 10.5% | 10 yr | SBA FOIA | |
| Nov 2024 | South Carolina | SBA 7(a), Independent Artists, Writers, and Performers | $250K | 10.75% | 20 yr | SBA FOIA | |
| Oct 2024 | South Carolina | SBA 7(a), Offices of Mental Health Practitioners (except Physicians) | $720K | 10.75% | 20 yr | SBA FOIA | |
| Jul 2024 | South Carolina | SBA 7(a), Manufacturing | $400K | 11.25% | 10 yr | SBA FOIA | |
| Jul 2024 | South Carolina | SBA 7(a), Construction | $270K | 11.25% | 7 yr | SBA FOIA | |
| Jul 2024 | Georgia | SBA 7(a), Photography Studios, Portrait | $100K | 11.25% | 10 yr | SBA FOIA | |
| Jul 2024 | South Carolina | SBA 7(a), General Freight Trucking, Local | $76K | 11.25% | 6 yr | SBA FOIA | |
| May 2024 | South Carolina | SBA 7(a), Limited-Service Restaurants | $480K | 11.25% | 10 yr | SBA FOIA | |
| Apr 2024 | South Carolina | SBA 7(a), Administrative and Support and Waste Management and Remediation Services | $390K | 11.25% | 8 yr | SBA FOIA | |
| Apr 2024 | South Carolina | SBA 7(a), Freight Transportation Arrangement | $300K | 11.25% | 10 yr | SBA FOIA | |
| Jan 2024 | Georgia | SBA 7(a), Sports and Recreation Instruction | $470K | 10.75% | 11 yr | SBA FOIA | |
| Nov 2023 | Georgia | SBA 7(a), Offices of Physicians (except Mental Health Specialists) | $260K | 11.25% | 20 yr | SBA FOIA | |
| 21 SBA 7(a) loans since October 2023, net of cancelled | $6.28M | SBA FOIA | |||||
A blank means the source did not report it.
| State | Loans | Dollars |
|---|---|---|
| South Carolina | 13 | $4.08M |
| Georgia | 8 | $2.21M |
SBA loans are on record by state only.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $150K | 4 | $374K |
| $150K to $350K | 10 | $2.59M |
| $350K to $1M | 7 | $3.32M |
| $1M to $2.5M | 0 | $0 |
| $2.5M or more | 0 | $0 |
| Quarter | Loans | Dollars |
|---|---|---|
| 2023 Q4 | 1 | $260K |
| 2024 Q1 | 1 | $470K |
| 2024 Q2 | 3 | $1.17M |
| 2024 Q3 | 4 | $846K |
| 2024 Q4 | 3 | $1.22M |
| 2025 Q1 | 1 | $160K |
| 2025 Q2 | 1 | $140K |
| 2025 Q3 | 2 | $520K |
| 2025 Q4 | 1 | $340K |
| 2026 Q2 | 3 | $898K |
| 2026 Q3 | 1 | $260K |
Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.
| Industry (NAICS) | Loans |
|---|---|
| General Freight Trucking, Local (484110) | 2 |
| Administrative and Support and Waste Management and Remediation Services | 1 |
| All Other Consumer Goods Rental (532289) | 1 |
| Assisted Living Facilities for the Elderly (623312) | 1 |
| Barber Shops (812111) | 1 |
| Clothing and Clothing Accessories Retailers (458110) | 1 |
| Construction | 1 |
| Fitness and Recreational Sports Centers (713940) | 1 |
| Freight Transportation Arrangement (488510) | 1 |
| Full-Service Restaurants (722511) | 1 |
| Independent Artists, Writers, and Performers (711510) | 1 |
| Limited-Service Restaurants (722513) | 1 |
A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.
| Processing method | Loans |
|---|---|
| Preferred Lenders Program | 13 |
| 7a General | 8 |
- Security Federal Bank made 21 SBA 7(a) loans totaling $6.3M in the 36 months ending September 30, 2026, net of cancelled approvals, in 2 states. SBA FOIA,
- 5 of them were in the 12 months to September 30, 2026, and 7 in the 12 months before. SBA FOIA,
- The typical loan was about $270K, with the middle half between $170K and $390K. SBA FOIA,
- The largest was about $720K. Every amount is rounded to 2 significant figures. SBA FOIA,
- 4 loans were under $150K, and 0 were $1M or more. SBA FOIA,
- The SBA file shows a median initial rate of 10.75% on 21 loans, with the middle half between 10.25% and 11.25%. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Its loans went most often to General Freight Trucking, Local, with 2. SBA FOIA,
- The SBA file lists 13 of its loans as processed under Preferred Lenders Program. SBA FOIA,
- Its loans were most often in South Carolina (13) and Georgia (8). SBA FOIA,
What we don't know
- Whether Security Federal Bank is taking new SBA 7(a) loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.
Loans are SBA approvals, net of cancelled approvals.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.