SBA Loans for Electrical Contractors in South Carolina: Top Lenders
NAICS 238NAICS 238 covers electrical contractors businesses in South Carolina. Based on historical SBA 7(a) lending data.
Total Approvals
86
in South Carolina
Median Loan Size
$200,000
per approval
Recent Activity
3
last 90 days through Nov 2025
NAICS 238 covers electrical contractors businesses. This is a smaller category in SBA 7(a) lending with 86 approvals on record and a median loan size of $200,000.
Key trends & insights
- TD Bank, National Association leads this industry with 15 approvals (19% market share) and a median loan of $35,300.
- Electrical Contractors in South Carolina loans skew smaller than the SBA average at $200,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Electrical Contractors in South Carolina
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 15 | $35,300 | |
| 2 | 9 | $500,000 | |
| 3 | 8 | $50,000 | |
| 4 | 6 | $167,000 | |
| 5 | 6 | $581,000 | |
| 6 | 5 | $150,000 | |
| 7 | 4 | $356,000 | |
| 8 | 4 | $169,000 | |
| 9 | 4 | $112,000 | |
| 10 | 3 | $150,000 | |
| 11 | 2 | $188,850 | |
| 12 | 2 | $1,000,000 | |
| 13 | 2 | $997,000 | |
| 14 | 2 | $1,030,500 | |
| 15 | 2 | $382,500 | |
| 16 | 1 | $3,343,100 | |
| 17 | 1 | $1,625,000 | |
| 18 | 1 | $511,000 | |
| 19 | 1 | $200,000 | |
| 20 | 1 | $349,000 |
Recent SBA 7(a) approvals for Electrical Contractors in South Carolina
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | Readycap Lending, LLC | HOM*****LLC | Campobello, SC | $15,000 |
| 2025-08 | TD Bank, National Association | Hon*****LLC | GREENVILLE, SC | $25,000 |
| 2025-06 | First-Citizens Bank & Trust Company | BRO*****NC. | Blythewood, SC | $1,494,000 |
| 2025-05 | Pinnacle Bank | Spl*****LLC | TRAVELERS REST, SC | $707,000 |
| 2025-03 | First-Citizens Bank & Trust Company | Cox*****LLC | Spartanburg, SC | $500,000 |
| 2025-03 | Beacon Community Bank | Sou*****LLC | Mount Pleasant, SC | $200,000 |
| 2025-03 | JPMorgan Chase Bank, National Association | MMR*****LLC | MONCKS CORNER, SC | $990,000 |
| 2025-03 | Magnifi Financial CU | Dom*****LLC | Mount Pleasant, SC | $196,000 |
| 2025-02 | Cogent Bank | Zim*****Inc | NORTH CHARLESTON, SC | $511,000 |
| 2025-02 | Northeast Bank | WEB*****LLC | Columbia, SC | $23,200 |
| 2025-02 | Live Oak Banking Company | Sup*****nc. | BLUFFTON, SC | $500,000 |
| 2025-02 | TD Bank, National Association | Sto*****LLC | FORT MILL, SC | $250,000 |
| 2025-02 | Pinnacle Bank | Ray*****LLC | LUGOFF, SC | $2,444,000 |
| 2025-02 | Pinnacle Bank | Ray*****LLC | LUGOFF, SC | $150,000 |
| 2025-02 | United Midwest Savings Bank National Association | Ups*****LLC | Anderson, SC | $150,000 |
| 2025-02 | Northeast Bank | MUY*****LLC | Florence, SC | $84,000 |
| 2025-01 | Northeast Bank | CUS*****LLC | Bluffton, SC | $140,000 |
| 2025-01 | TD Bank, National Association | Bur*****LLC | HILTON HEAD ISLAND, SC | $100,000 |
| 2024-12 | Magnifi Financial CU | Ham*****LLC | Columbia, SC | $181,700 |
| 2024-11 | Pinnacle Bank | BM**LLC | PIEDMONT, SC | $455,000 |
| 2024-11 | TD Bank, National Association | Dia*****LLC | RIDGELAND, SC | $250,000 |
| 2024-10 | Northeast Bank | Car*****ice | Bluffton, SC | $250,000 |
| 2024-08 | TD Bank, National Association | Ogl*****LLC | PICKENS, SC | $25,000 |
| 2024-08 | SouthState Bank, National Association | Wil*****LLC | TAYLORS, SC | $100,000 |
| 2024-06 | The Fidelity Bank | DRI*****LLC | EASLEY, SC | $250,000 |
| 2024-06 | The Fidelity Bank | DRI*****LLC | EASLEY, SC | $1,750,000 |
| 2024-04 | TD Bank, National Association | The*****LLC | ELGIN, SC | $30,000 |
| 2024-04 | TD Bank, National Association | The*****LLC | ELGIN, SC | $35,300 |
| 2024-04 | Readycap Lending, LLC | Gar*****tte | CLOVER, SC | $365,700 |
| 2024-04 | Readycap Lending, LLC | Acu*****LLC | SUMMERVILLE, SC | $248,000 |
| 2024-03 | BayFirst National Bank | Eli*****LLC | BLUFFTON, SC | $150,000 |
| 2024-03 | Wells Fargo Bank National Association | MON*****LLC | ELGIN, SC | $15,000 |
| 2024-02 | Countybank | Gil*****LLC | Varnville, SC | $715,000 |
| 2024-02 | Celtic Bank Corporation | ENE*****LLC | Beaufort, SC | $150,000 |
| 2024-01 | Wells Fargo Bank National Association | MAR*****LLC | SUMMERVILLE, SC | $218,800 |
| 2023-12 | TD Bank, National Association | Hub*****LLC | TAYLORS, SC | $25,000 |
| 2023-11 | Wells Fargo Bank National Association | MAN*****LLC | BEAUFORT, SC | $20,000 |
| 2023-08 | TD Bank, National Association | Ups*****LLC | GREENVILLE, SC | $225,000 |
| 2023-08 | SouthState Bank, National Association | RIG*****LC. | MOUNT PLEASANT, SC | $100,000 |
| 2023-08 | TD Bank, National Association | Van*****LLC | FORT MILL, SC | $25,000 |
| 2023-08 | The Huntington National Bank | Cha*****LLC | Cayce, SC | $50,000 |
| 2023-08 | The Huntington National Bank | Cha*****LLC | Cayce, SC | $435,000 |
| 2023-08 | BayFirst National Bank | MIK*****LLC | SIMPSONVILLE, SC | $150,000 |
| 2023-08 | Pinnacle Bank | TRH*****LLC | JOHNS ISLAND, SC | $100,000 |
| 2023-08 | Pinnacle Bank | TRH*****LLC | JOHNS ISLAND, SC | $1,108,000 |
| 2023-06 | TD Bank, National Association | Sur****LLC | MOUNT PLEASANT, SC | $55,000 |
| 2023-05 | SouthState Bank, National Association | AMP*****LLC | Seneca, SC | $350,000 |
| 2023-04 | Live Oak Banking Company | Col*****LLC | COLUMBIA, SC | $250,000 |
| 2023-04 | Live Oak Banking Company | Col*****LLC | COLUMBIA, SC | $2,040,000 |
| 2023-04 | SouthState Bank, National Association | Adv*****LLC | Charleston, SC | $687,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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