Synovus Bank
Headquartered in Columbus, GA. Analysis based on 384 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $512.6M.
Total 7(a) loans
384
Total approved
$512.6M
Average loan
$1.3M
States funded in
9
Charge-off rate
2.11%
FY2020–FY2023 cohort
Paid-in-full rate
36.62%
Average rate
7.23%
Average term
158 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 722513 | Limited-Service Restaurants | 21 |
| 722511 | Full-Service Restaurants | 16 |
| 238990 | All Other Specialty Trade Contractors | 11 |
| 624410 | Child Day Care Services | 9 |
| 562111 | Solid Waste Collection | 8 |
| 561730 | Landscaping Services | 8 |
| 811111 | General Automotive Repair | 7 |
| 541211 | Offices of Certified Public Accountants | 7 |
| 541990 | All Other Professional, Scientific, and Technical Services | 6 |
| 722515 | Snack and Nonalcoholic Beverage Bars | 5 |
Top 10 states
| State | Loans |
|---|---|
| GA | 145 |
| FL | 128 |
| AL | 52 |
| SC | 37 |
| TN | 16 |
| MS | 2 |
| TX | 2 |
| WI | 1 |
| NC | 1 |
Top franchise brands financed
63 franchise loans across 42 distinct brands.
| Franchise | Loans |
|---|---|
| Bin There...Dump That | 6 |
| Ace Hardware | 3 |
| Plato's Closet | 3 |
| IHOP | 3 |
| Two Men and a Truck | 2 |
| Primrose Schools | 2 |
| The New York Butcher Shoppe | 2 |
| Dirty Dog's Car Wash - Franchi | 2 |
| Minuteman Press | 2 |
| Wild Birds Unlimited | 2 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.