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SBA Loans for Insurance Agencies and Brokerages in South Carolina: Top Lenders

NAICS 524

NAICS 524 covers insurance agencies and brokerages businesses in South Carolina. Based on historical SBA 7(a) lending data.

Total Approvals

17

in South Carolina

Median Loan Size

$245,000

per approval

Recent Activity

2

last 90 days through Aug 2025

NAICS 524 covers insurance agencies and brokerages businesses. This is a smaller category in SBA 7(a) lending with 17 approvals on record and a median loan size of $245,000.

Key trends & insights

  • TD Bank, National Association leads this industry with 3 approvals (18% market share) and a median loan of $71,000.

Most active SBA lenders for Insurance Agencies and Brokerages in South Carolina

#LenderApprovalsMedian Size
1
TD Bank, National Association
3$71,000
2
Live OAK Banking Company
2$727,500
3
THE Huntington National Bank
2$870,500
4
United Midwest Savings Bank, National Association
2$571,000
5
Northeast Bank
1$300,000
6
Cadence Bank
1$245,000
7
Five Star Bank
1$205,000
8
Hometrust Bank
1$400,000
9
Bank OF America, National Association
1$100,000
10
Readycap Lending, LLC
1$50,000
11
Byline Bank
1$100,000
12
THE First Bank AND Trust Company
1$559,300

Recent SBA 7(a) approvals for Insurance Agencies and Brokerages in South Carolina

MonthLenderBorrowerAmount
2025-08Byline BankChr*****nc.$1,035,000
2025-08Byline BankChr*****nc.$100,000
2025-08The Huntington National BankCOM*****LLC$1,641,000
2025-08The Huntington National BankCOM*****LLC$100,000
2025-02Northeast BankBAS*****NC.$300,000
2025-01Readycap Lending, LLCCon*****nc.$500,000
2024-12United Midwest Savings Bank National AssociationMar*****LLC$710,000
2024-08Readycap Lending, LLCSte*****ncy$25,000
2024-06Cadence BankMic*****LLC$245,000
2024-03TD Bank, National AssociationGoo*****LLC$25,000
2024-02TD Bank, National AssociationLis*****LLC$30,000
2024-02Pinnacle BankSen*****LLC$349,000
2024-01Capital Bank, National AssociationRob*****ncy$250,000
2023-12U.S. Bank, National AssociationKha*****LLC$255,500
2023-11Readycap Lending, LLCSch*****LLC$50,000
2023-11Byline BankChr*****LLC$100,000
2023-09Heritage Bank IncSco*****LLC$150,000
2023-09SouthState Bank, National AssociationInd*****LLC$52,500
2023-06BayFirst National BankJen*****LLC$75,000
2023-05TD Bank, National AssociationNic*****nc.$100,000
2023-04U.S. Bank, National AssociationCHR*****SON$25,000
2023-03Live Oak Banking CompanyPal*****LLC$257,300
2023-03BayFirst National BankAD *****LLC$150,000
2022-12TD Bank, National AssociationGer*****nc.$71,000
2022-08Bank of America, National AssociationOME*****LC.$100,000
2022-08HomeTrust BankZac*****LLC$400,000
2022-07United Midwest Savings Bank National AssociationThe*****LLC$865,000
2022-07Renasant BankCop*****LLC$135,800
2022-06The First Bank and Trust CompanyAss*****LLC$559,300
2022-06First Bank of the LakeCar*****Inc$2,587,500
2022-06Live Oak Banking CompanyDON*****IPS$350,000
2022-06Live Oak Banking CompanyKSA*****LLC$850,000
2022-05First-Citizens Bank & Trust CompanyMal*****LLC$368,000
2022-04First Bank of the LakePar*****ncy$555,000
2022-02Live Oak Banking CompanyRes*****LLC$1,105,000
2021-09Dogwood State BankHam*****LLC$3,031,500
2021-03United Midwest Savings Bank National AssociationLF *****orp$432,000
2021-02TD Bank, National AssociationKAL*****DER$125,000
2021-02TD Bank, National AssociationKAL*****DER$25,000
2020-10TD Bank, National AssociationLAT*****LLC$90,000
2020-10United Midwest Savings Bank National AssociationJos*****LLC$1,300,000
2020-10Five Star BankBri*****LLC$205,000
2020-09Live Oak Banking CompanyPAL*****LLC$265,000
2019-11Signature Bank of GeorgiaBry*****LLC$1,158,000
2019-11Signature Bank of Georgia271*****LLC$336,500
2019-10PNC Bank, National AssociationHal*****LLC$25,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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