At a glance
From its website, read 2 Nov 2026Small Business Assistance Corporation is a loan fund based in Savannah, Georgia. Its website describes commercial real estate loans, credit-builder loans, microloans and 2 other loan types. Stated loan amounts run from $1,000 to $5.5M. Where it lends: Southeast Georgia and the Low Country of South Carolina. Business loan rates stated on its site range from 4% to 8%. It says it considers borrowers with low or no credit history. You can start an application online.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Main | (912) 232-4700 source |
|---|---|
| sbac@sbacsav.com source | |
| Apply online | Page with the application link |
| Website | www.sbacsav.com |
| Office (official list) | 111. E. Liberty Street, suite 100, Savannah, GA 31401 |
What their website says about applying
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Rates and terms they state
Read 2 Nov 2026| Loan | Stated | Text on the lender's site (verbatim) | Page |
|---|---|---|---|
| Microloans | Rate: 4% | Target Area 4.00% Fixed | source |
| Microloans | Rate: 6.5% | Outside Target Area 6.50% Fixed | source |
| Microloans | Rate: 8% | Fixed Rate: 8.0% | source |
| Commercial real estate loans | Term: up to 25 yr | Up to 25 years (SBA portion) | source |
| Microloans | Term: up to 5 yr | Up to 5 Years | source |
| Microloans | Term: up to 7 yr | Maximum 7 Years | source |
| SBA-backed loans (7(a)/504/Community Advantage) | Term: up to 25 yr | Up to 25 Years | source |
| Small-business loans | Term: up to 10 yr | Maximum 10 Years | source |
| Small-business loans | Term: up to 15 yr | Up to 15 years | source |
As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.
Who qualifies, in their words
- Low or damaged credit considered
There are also opportunities for low credit applicants to apply for our Credit Building Loan Program
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 13 Jun 2014 |
| RSSD ID | — (none listed) |
| Address | 111. E. Liberty Street, suite 100, Savannah, GA 31401 Directions (Google Maps) |
| Website | www.sbacsav.com |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: high. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Commercial real estate loans | up to $5.5M | Financing commercial real estate loans up to $5.5 Million. | source |
| Credit-builder loans | — | For entrepreneurs and small business owners looking to establish or repair their credit to achieve their business goals. | source |
| Microloans | $1,000 – $50,000 | Smaller loans for businesses can receive financing from $1,000 to $50,000. | source |
| SBA-backed loans (7(a)/504/Community Advantage) | — | SBAC is a Certified Development Company (CDC) authorized by the U.S. Small Business Administration to participate in the SBA 504 Loan Program. | source |
| Small-business loans | — | Startups and existing businesses can receive financing for amounts over $50,000. | source |
Loan sizes
Smaller loans for businesses can receive financing from $1,000 to $50,000.
sourceFinancing commercial real estate loans up to $5.5 Million.
source$1,250,000 per project – SSBCI Portion
sourceBusinesses within Savannah, GA city limits can receive financing and/or guarantees of up to $150,000.
source
Range used for the size filter: $1,000 to $5.5M
Service area
Southeast Georgia and the Low Country of South Carolina
We provide loans and technical assistance for new and existing businesses in Southeast Georgia and the Low Country of South Carolina, with a focus on providing equitable access to all segments of our community.
source
Borrower focus
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. Apply Online
source
Pages read (7)
- https://sbacsav.com/
- https://sbacsav.com/our-services/microloans/
- https://sbacsav.com/our-services/small-business-loans/
- https://sbacsav.com/our-services/commercial-real-estate-loans/
- https://sbacsav.com/small-business-corporation-launches-new-trucking-logistics-workshop-series-and-trucking-loan-program/
- https://sbacsav.com/our-services/
- https://sbacsav.com/our-services/rural-loans/
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- What is the APR, including fees, on your credit-builder loans?
Their website does not state an APR. The APR includes fees, so it is the number to compare. - Do you need collateral, a business plan or a minimum time in business?
Their website does not say what they require. - Do you offer free coaching or help preparing my application?
CDFI certification requires development services, such as training or advice, alongside lending. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$8.8 million in 7 awards from the U.S. Treasury's CDFI Fund, 2016–2024 (CDFI Equitable Recovery Program; CDFI Program, Financial Assistance; CDFI Rapid Response Program).
| Round year | Program | Amount |
|---|---|---|
| 2024 | CDFI Program, Financial Assistance | $900,000 |
| 2022 | CDFI Equitable Recovery Program | $2,726,722 |
| 2022 | CDFI Program, Financial Assistance | $610,000 |
| 2021 | CDFI Rapid Response Program | $1,826,265 |
| 2020 | CDFI Program, Financial Assistance | $737,500 |
| 2018 | CDFI Program, Financial Assistance | $950,000 |
| 2016 | CDFI Program, Financial Assistance | $1,000,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Size of the fund (IRS Form 990)
Fiscal year ending Sep 2023| Total assets | $21.5M |
|---|---|
| Total liabilities | $9.4M |
| Net assets | $12.2M |
| Total revenue | $3.6M |
| Notes and loans receivable, net (Part X line 7) | $6.2M |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending September 2023 (tax year 2022; EIN 58-1526202, filed as “SMALL BUSINESS ASSISTANCE CORP”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer
Filings over time
| Fiscal year ending | Total assets | Net assets | Revenue | Notes and loans receivable |
|---|---|---|---|---|
| Sep 2021 (990) | $21.3M | $11.7M | $4.7M | $7.5M |
| Sep 2022 (990) | $18M | $11.7M | $1.5M | $3.3M |
| Sep 2023 (990) | $21.5M | $12.2M | $3.6M | $6.2M |
Total assets grew 1% from Sep 2021 to Sep 2023; notes and loans receivable fell 18%. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Median SBA 7(a) loan it approved, FY2020–FY2026 | $191,750 (38 loans) | All 7(a) lenders in Georgia: $350,000. Larger than the median loan of 58% of the 97 other certified CDFIs with 10 or more 7(a) loans. |
| SBA approvals, FY2023–24 → FY2025–26 | 28 → 21 | Rank among the 6 certified CDFIs in Georgia with SBA approvals in either period: 1 → 1. |
| Largest loan its website states | $5.5M | Other loan funds whose website states a maximum: median $250,000. Higher than the stated maximum of 89% of these 184. |
| Total assets, latest IRS Form 990 | $21.5M | Larger than 62% of the 8 other certified loan funds and venture funds in Georgia with a matched Form 990 (median $13.8M). |
| Business loan rate its website stated (2 Nov 2026) | 4.00% to 8.00% | Prime rate that day: 7.00% (FRED DPRIME), so the lowest stated rate is 3 pts below prime. For an SBA 7(a) variable-rate loan the legal maximum is prime plus 3 to 6.5 points, by loan size. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Median SBA 7(a) loan | certified CDFIs with 10+ 7(a) loans, nationwide | 97 | larger than 58% |
| SBA approvals then vs now | certified CDFIs in Georgia with SBA approvals FY2023–2026 | 5 | rank 1 → 1 of 6 |
| Largest stated loan | other loan funds stating a maximum, nationwide | 184 | higher than 89% |
| Form 990 total assets | certified loan and venture funds with a Form 990, in Georgia | 8 | larger than 62% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. SBA 7(a) & 504 FOIA data as of 30 Sep 2026. Form 990 figures: IRS annual extracts (see the Form 990 section). Prime rate: FRED DPRIME.
SBA loans approved
SBA data as of 30 Sep 2026The SBA's public loan data lists 84 SBA-backed approvals for Small Business Assistance Corporation in fiscal years 2020–2026 (October 2019 to September 2026):
- 38 7(a) loans as the lender: $7.8M in total (gross amount approved), median $191,750
- 46 504 loans as the Certified Development Company (CDC): $49.9M in total (CDC (SBA-backed) portion approved), median $811,500
By fiscal year: FY2020 13 · FY2021 10 · FY2022 12 · FY2023 18 · FY2024 10 · FY2025 10 · FY2026 11.
What actually happened
- Size of its 7(a) loans: half were between $150,000 and $249,600, median $191,750 (38 loans)
- Size of its 504 loans (the CDC's SBA-backed portion): half were between $480,750 and $1.3M, median $811,500 (46 loans)
- Term of its 7(a) loans: median 120 months (10 years) (38 loans)
- Term of its 504 loans (the CDC's SBA-backed portion): median 300 months (25 years) (46 loans)
- Interest rate at approval on its 7(a) loans in FY2025–26: median 8.00%, half between 8.00% and 8.50% (11 loans; SBA's initial rate, before any change on a variable loan)
- Fixed or variable: 47% of its 7(a) loans had a fixed rate (38 loans)
- Young businesses: 51% of its 7(a) loans went to a startup or a business two years old or less (37 loans with an answer)
Descriptive only: what the SBA file records for loans this lender approved in fiscal years 2020–2026. Each figure covers at least 10 loans; with fewer we show nothing. It is not an offer, not the rate or term you would get, and says nothing about your chance of approval.
By program
- 504 loans (as the Certified Development Company) (46, 55%)
- 7(a) Community Advantage (20, 24%)
- 7(a) standard (17, 20%)
- 7(a) working-capital and trade lines (1, 1%)
Borrower industries
NAICS sector, 3 or more loans.
- Accommodation and food services (26)
- Retail trade (10)
- Other services (except public administration) (8)
- Administrative and support and waste management services (6)
- Health care and social assistance (6)
Where borrowers are
County of the borrower's ZIP code, 3 or more loans.
- Chatham County, GA (57)
- Effingham County, GA (6)
- Bryan County, GA (6)
- Bulloch County, GA (4)
- Beaufort County, SC (4)
How this lender was matched in the SBA files: SBA CDC ID 0188187: same name, state and city (SBA lists “Small Business Assistance Corporation”); SBA lender ID 0188187: same name, state and city (SBA lists “Small Business Assistance Corporation”).
Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. Small Business Assistance Corporation may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files. For 504 projects, the CDC amount is the SBA-backed portion and the third-party lender amount is that lender's own first-lien loan.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.
Other certified CDFIs in Savannah and Georgia
- Carver Financial CorporationBank holding company · Savannah, GAOfficial list only
- Carver State BankBank or thrift · Savannah, GAOfficial list only
- Catalyst Development CORPORATIONLoan fund · Savannah, GAMicroloansVerified
- F A B Church Federal Credit UnionCredit union · Savannah, GAPersonal / consumer loansVerified
Work at Small Business Assistance Corporation? Link to this page
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