SBA by industry · SC

SBA lenders for auto repair shops in South Carolina

24 lenders made 58 SBA loans to auto repair shops in South Carolina in the 36 months ending September 30, 2026. Newtek Bank, National Association made the most, with 7. The typical loan was about $350K.

Evidence
SBA 7(a) and 504 loans to auto repair shops in South Carolina, NAICS 8111, excluding car washes
Data as of
SBA, September 30, 2026
Page last changed
November 12, 2026
Lenders on record
24
SBA FOIA,
SBA loans, 36 months
58
SBA FOIA,
7(a) net of cancelled; 504 funded first liens
Dollars, 36 months
$30.7M
SBA FOIA,
Last 12 months
14
SBA FOIA,

Cite this

Source: The Lender Report, SBA lenders for auto repair shops in South Carolina, https://lender.report/sba-lenders-for/auto-repair/south-carolina/, data as of September 30, 2026.

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SBA lenders for auto repair shops in South Carolina. Ordered by loans recorded in the place, then dollars, then name. Payment is not part of the order.
LenderKindBased inLoansDollars7(a)504Last 12 months
Newtek Bank, National Association SBA 7(a) recordBankMiami, FL7$1.80M704
The Huntington National Bank SBA 7(a) recordBankColumbus, OH5$4.08M500
Wells Fargo Bank, National Association SBA 7(a) recordBankSioux Falls, SD5$1.18M500
TD Bank, National Association SBA 7(a) recordBankWilmington, DE5$135K500
Pinnacle Bank SBA 7(a) recordBankNashville, TN4$3.11M402
VelocitySBA, LLC SBA 7(a) recordNon-bankIrving, TX3$2.25M300
Countybank SBA 7(a) recordBankGreenwood, SC3$1.31M300
Live Oak Banking Company SBA 7(a) recordBankWilmington, NC2$4.20M201
Citizens Bank SBA 7(a) recordBankElizabethton, TN2$1.81M200
First-Citizens Bank & Trust Company SBA 7(a) recordBankRaleigh, NC2$1.18M201
First Horizon Bank SBA 7(a) recordBankMemphis, TN2$500K202
United Midwest Savings Bank, National Association SBA 7(a) recordBankDegraff, OH2$450K201
SouthState Bank, National Association SBA 7(a) recordBankWinter Haven, FL2$350K202
United Credit Union SBA 7(a) recordCredit unionSt Joseph, MI1$2.00M100
Truist Bank SBA 7(a) recordBankCharlotte, NC1$840K100
The Park National Bank SBA 7(a) recordBankNewark, OH1$700K100
Business Development Corporation of South Carolina SBA 7(a) recordNon-bankColumbia, SC1$600K100
First National Bank of Pennsylvania SBA 7(a) recordBankGreenville, PA1$510K101
Mechanics & Farmers Bank SBA 7(a) recordBankDurham, NC1$500K100
SmartBiz Bank, National Association SBA 7(a) recordBankNorthbrook, IL1$350K100
Bank of America, National Association SBA 7(a) recordBankCharlotte, NC1$240K100
The Fidelity Bank SBA 7(a) recordBankFuquay Varina, NC1$230K100
Colony Bank SBA 7(a) recordBankFitzgerald, GA1$150K100
U.S. Bank National Association SBA 7(a) recordBankCincinnati, OH1$16.0K100
SBA FOIA,

Dollars are approval amounts, rounded to 2 significant figures per loan, net of cancelled approvals.

Detailed industries in this group in South Carolina
IndustryLoans
General Automotive Repair35
All Other Automotive Repair and Maintenance6
Automotive Glass Replacement Shops6
Automotive Body, Paint, and Interior Repair and Maintenance5
Specialized Automotive Repair5
Automotive Oil Change and Lubrication Shops1
SBA FOIA,
SBA loans for auto repair shops in South Carolina, by size
Loan sizeLoans
Under $150K14
$150K to $350K13
$350K to $1M22
$1M to $2.5M5
$2.5M or more1
SBA FOIA,
  • SBA lenders recorded 58 loans to auto repair shops totaling $30.7M in South Carolina in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
  • The typical loan was about $350K, with the middle half between $100K and $700K. SBA FOIA,
  • 55 were SBA 7(a) loans and 0 were SBA 504 first liens. SBA FOIA,
  • SBA 7(a) lenders reported a median initial rate of 10.25% on 55 loans. SBA FOIA,
  • The median term was 10 years. SBA FOIA,
  • Banks and savings institutions made 50 of the loans, credit unions 1, and non-banks 4. SBA FOIA,
  • The five most active lenders made 44.8% of the loans. SBA FOIA,
  • The three most active lenders were Newtek Bank, National Association with 7, TD Bank, National Association with 5, and The Huntington National Bank with 5. SBA FOIA,
  • 14 of the loans were under $150K, and 6 were $1M or more. SBA FOIA,
  • 3 of these loans were made by lenders that have since merged or closed, that the file lists under a name with no lender record here, or that the loan tape shows only at a broader industry level. They are counted in the totals here and appear in no lender's row. SBA FOIA,
  • The SBA file shows 14 approvals of these loans dated in the 12 months to September 30, 2026, versus 26 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
  • 2 of the 24 lenders are based in South Carolina. The rest are based elsewhere, most often in North Carolina, Ohio and Tennessee. SBA FOIA,
  • The most common detailed industry in South Carolina was General Automotive Repair, with 35 loans. SBA FOIA,

How this list is defined

Measure
SBA loans made to auto repair shops in South Carolina
Period
October 2023 to September 2026
Formula
Count, by lender, of SBA 7(a) approvals and SBA 504 first liens located in South Carolina, dated in the 36 months ending September 30, 2026 and not cancelled, whose NAICS code in the SBA file falls in NAICS 8111, excluding car washes.
Order
Largest first by loans in the state, then dollars, then name. Payment is not part of the order.
As of
September 30, 2026
Source
SBA FOIA
Changelog
  • : First published, with the data built on this date.

What we don't know

  • Whether any of these lenders is taking new SBA loans today, or how it would treat a business like yours.
  • Loans that were never completed. The SBA file lists approvals, and these pages leave out the ones it marks cancelled.
  • The borrower, the address and every term beyond rate and term. The public file does not show them.

Every loan counted here carried one of these NAICS codes in the SBA file, and the state of the loan is the state of the business. Loans are approvals, net of cancelled approvals. Lenders that merged or stopped filing are left out.

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.