Small business loans in Savannah, GA
Short answer
The most active SBA lenders in Savannah, GA since FY2024 are Wells Fargo Bank (11 loans) and Newtek Bank (7). The median loan was $304,450, and half fell between $100,000 and $1,056,250. For free help, see the University of Georgia Small Business Development Center. Source: SBA 7(a) loan data.
- SBA loans since FY2024
- 86
- approved since FY2024
- $75.89M
- median loan
- $304,450
- through SBA Express
- 15.1%
Lenders making SBA loans in Savannah
No lender made more than 13% of the loans in Savannah, and Wells Fargo Bank made the most. The four largest lenders together made 37%.
| Lender | Loans | Share |
|---|---|---|
| Wells Fargo Bank | 11 | 12.8% |
| Newtek Bank | 7 | 8.1% |
| Small Business AssistanceNon-bank lender | 7 | 8.1% |
| The Huntington National Bank | 7 | 8.1% |
Share is the percent of all Savannah loans in that period. Each name links to that lender's page for Georgia where one exists.
Savannah has four lenders with five or more loans since FY2024. Others had fewer, and the Georgia page counts 223 lenders with at least one approved loan statewide.
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Local help near Savannah
Savannah borrowers can start with SBA's district office for Georgia, an SBDC or SCORE.
41% of Savannah borrowers since FY2024 were startups or businesses two years old or younger. SBDCs provide counseling and training, and SCORE mentors give advice at no cost, according to SBA.
SBA has one district office for Georgia. Its page points to state and federal resources and to lenders in the area. The University of Georgia Small Business Development Center gives free counseling across Georgia.
- SBA Georgia District Office (Atlanta)SBA district office
- University of Georgia Small Business Development CenterSmall Business Development Center
- SCORE mentors in GeorgiaBusiness mentoring
Alongside SBA loans, Georgia runs two loan programs. The Georgia page describes each, and the official pages are linked here.
Loan counts and sizes in Savannah
Savannah ranks 10th by loans since FY2024 among the 21 Georgia cities with 100 or more SBA loans since FY2020. Nationally it is the 259th busiest of the 580 cities that reach 100 loans.
The 86 loans, 1.9% of the 4,607 in Georgia, were approved for $75.9 million in all. The medianThe middle figure. Half the loans were larger and half were smaller. loan was $304,450, 2.0 times the national median of $150,300. Half of the loans fell between $100,000 and $1,056,250. The Georgia median is $303,000.
| Measure | Savannah | Georgia | U.S. |
|---|---|---|---|
| Loans | 86 | 4,607 | 162,355 |
| Median loan | $304,450 | $303,000 | $150,300 |
| 25th percentile | $100,000 | $120,000 | $50,000 |
| 75th percentile | $1,056,250 | $714,500 | $500,000 |
| Via SBA Express | 15.1% | 14.6% | 35.8% |
| Lines of credit | 12.8% | 12.7% | 28.1% |
| Startups | 16.3% | 23.1% | 16.1% |
| Ownership changes | 16.3% | 11.9% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 2.75 | 2.75 | 2.75 |
| Charged off | Fewer than 5 | 3.0% | 3.6% |
A quarter of loans were smaller than the 25th percentile loan and a quarter were larger than the 75th. Median spread is in percentage points over Prime. Charged off is the share of FY2020 to FY2022 loans a lender wrote off as a loss. It is shown only for groups of 30 loans or more. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish. U.S. covers every loan in the file.
64% of the loans were $500,000 or less, the size SBA Express covers. 15.1% of all loans went through SBA Express, below the national 35.8%. Lines of credit were 12.8% of loans, below the national 28.1%.
Labels show each size's share of all loans. The highlighted bar is the size band that contains the median.
By business age, 41.9% of loans went to businesses more than two years old and 24.4% to businesses two years old or younger. Startups received 16.3% and changes of ownership 16.3%.
Fiscal years run October to September. The last bar covers nine of its twelve months.
Volume rose 41% from FY2024 (29 loans) to FY2025 (41), the two latest full years. The busiest full year in the file was FY2025, with 41 loans. FY2026 already shows 16 loans through June 30.
Of the 85 loans Savannah borrowers received in FY2020 to FY2022, fewer than 5 were charged offThe lender wrote the loan off as a loss because it was not being repaid. by June 30, 2026, against 3.6% nationally. Lenders reported 980 jobs supported across the 86 loans since FY2024, about 11.4 per loan. SBA does not audit these estimates.
What businesses in Savannah borrow for
Full-Service Restaurants was the largest borrower group in Savannah, with 7 loans or 8.1% of the total.
| Industry | Loans | Share | U.S. share |
|---|---|---|---|
| Full-Service Restaurants | 7 | 8.1% | 4.6% |
Share is the percent of all Savannah loans in that period. Industry is the NAICS code on each loan. A name links to the Georgia page for that industry where one exists.
A typical loan payment in Savannah
The median Savannah loan was $304,450 with a median term of 10 years.
The median variable-rate loan in Savannah was priced at Prime plus 2.75 percentage points at approval. At today's Prime that spread works out to 9.75%. On $304,450 over 10 years, principal and interest would come to about $3,981 a month. That is arithmetic on past loans, not a rate a lender is offering.
| Loan | Amount | Monthly payment |
|---|---|---|
| 25th percentile loan | $100,000 | $1,308 |
| Median loan | $304,450 | $3,981 |
| 75th percentile loan | $1,056,250 | $13,813 |
Principal and interest only. Fees, a different term or a fixed rate change the payment. This is an illustration from SBA's file, not an offer.
SBA's rate ceiling for this loan size
SBA's maximum for a loan of $304,450 is Prime plus 4.5 percentage points, or 11.50% today. The median variable-rate loan here was priced 1.8 points under that ceiling. Source: 13 CFR § 120.214(d)(3); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).
Savannah loans approved since FY2024 had a median starting rate of 10.25% at approval, matching the national median. Prime changed during those years, so use the spread above, not that rate, as the guide to today's cost.
Run your own numbers: payments on a $300,000 loan and SBA Express payment calculator.
SBA 504 loans near Savannah
Savannah has 17 SBA 504 loans since FY2024, with $27.4 million in SBA and CDC dollars.
The median 504 loan in Savannah was $1,026,000 in SBA and CDC dollars, 21% of the $5,000,000 program maximum. The bank's share of each project is separate and is not counted in these figures.
Small Business Assistance Corporation is the Certified Development CompanyA nonprofit that SBA certifies and regulates to arrange 504 loans together with a bank. (CDC) named on the most loans since FY2020, with 24. Florida Business Development Corporation follows with 9. The two CDCs listed are named on 33 loans between them.
| Certified Development Company | 504 loans |
|---|---|
| Small Business Assistance Corporation | 24 |
| Florida Business Development Corporation | 9 |
How a 504 loan is split
A standard 504 project is 50% third party lender, 40% CDC debenture, 10% borrower. 504 money pays for major fixed assets such as land, buildings and long-term machinery and equipment, not working capitalMoney for day-to-day costs such as payroll, rent and inventory. Full definition or inventory. Source: SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221). SBA keeps a list of Certified Development Companies.
Georgia cities near Savannah
Savannah made up 1.9% of Georgia's SBA loans since FY2024.
Savannah is one of 21 Georgia cities with 100 or more SBA loans since FY2020. The Georgia page covers all 4,607 loans in Georgia. The closest come first, ranked by county and ZIP code on their loans.
Common questions about SBA loans in Savannah
Which lenders make the most SBA loans in Savannah?
Wells Fargo Bank leads with 11 loans in Savannah since FY2024. Newtek Bank (7) and Small Business Assistance (7) follow. Only lenders with five or more Savannah loans are counted.
Which industries get SBA loans in Savannah?
Full-Service Restaurants leads with 7 loans in Savannah since FY2024.
How to read this
Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Location is the borrower's address in the file, and city names are as SBA recorded them. Recent means FY2024 through June 30, 2026. Charge-off rates use FY2020 to FY2022 loans, the only years old enough to have had time to go bad. Jobs supported are lender-reported estimates. How we build these pages.
Sources
- SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026
- SBA, 504 loans
- SBA, resource partners: SBDCs and SCORE
- SBA Georgia District Office (Atlanta)
- University of Georgia Small Business Development Center
- SCORE, Georgia
- SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931
- SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)
- sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)
- SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)
- 13 CFR § 120.214(d)(3); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)
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Cite this page: Small business loans in Savannah, GA. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/georgia-small-business-loans/savannah/
Ask lending partners about a loan in Savannah
Tell us what you need and we refer your request to lending partners.
Janover Capital LLC is not a lender and is not the SBA. The lender makes the credit decision. A lender or marketplace may pay us a referral fee if we connect you, at no cost to you. Advertiser disclosure.