President Biden announced important changes to the PPP, including a two-week window for businesses with fewer than 20 employees.
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SBA South Carolina 2020 Top Lenders

District Office Lending Chart

7(a) Loan Guaranty Program

Lender Name 7a Number of Loans 7a Loan Amount
FinWise Bank 1 300,000
Seacoast National Bank 2 565,000
Open Bank 1 535,000
North State Bank 1 307,000
HomeStar Bank and Financial Services 1 656,000
First Financial Bank 3 548,000
River valley Bank 1 500,000
Grandsouth Bank 1 465,000
Gulf Coast Bank 1 449,200
Fidelity Bank 1 400,000
The Park National Bank 1 331,600
The First Bank and Trust Company 1 310,100
Mid Penn Bank 1 310,000
Paragon Bank 1 302,000
Celtic Bank Corporation 3 300,000
Sound Bank 1 300,000
CresCom Bank 2 294,600
Small Business Assistance Corporation 1 250,000
Georgia Banking Company 1 190,000
NOA Bank 1 150,000
Certified Development Corporation 1 103,500
Liftfund,Inc. 1 100,000
United Bank of Philadelphia 1 100,000
Mountain Bizcapital, Inc. 1 100,000
Signature Bank of Georgia 1 100,000
Carolina Small Business Development Fund 1 93,000
Bank of Rhode Island 1 62,500
Mechanics & Farmers Bank 1 60,000
Woodville Guaranty Savings Bank 1 25,000
Manufacturers and Traders Trust Co 1 15,000

CDC/504 Loan Program

Lender Name CDC/504 Number of Loans CDC/504 Loan Amountsort descending
Florida Business Development Corporation 2 1,470,000
CSRA Local Development Corporation 4 3,588,000
Catawba Regional Development Corp 4 3,673,000
Certified Development Corporation 7 3,750,000
Appalachian Devel Corp 11 9,182,000
Provident Business Financial Services 23 19,074,000