STRONG
How competitive are their spreads? Lower = better for you.
STRONG
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
FAIR
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
1,659
2010–2026
Total Volume
$1.6B
Gross loan amounts
States Active
15
With recorded loans
Programs
7(a) & 504
1656 total segments
Synovus Bank has a strong presence in the restaurant and food service industry, with 250 deals, indicating they understand the unique needs of this sector. This could be beneficial if you're in or entering this market.
With an average 7(a) spread of P+1.98%, Synovus Bank offers competitive pricing compared to the national median of P+2.75%. This could lead to significant savings on interest over the life of your loan.
The bank's growth trend shows a decline of 32% year-over-year in SBA deals, which may indicate a tightening in lending criteria. This could make it more challenging to secure a loan, so be prepared for a thorough review process.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 324 504 loans, which use fixed SBA debenture rates.
States where Synovus Bank has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Wholesale Trade
Wholesale Trade
Retail Trade
Retail Trade
Specialty Trade Contractors
Construction
Administrative & Waste Services
Administrative & Waste Services
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Auto Repair & Maintenance
Other Services
+ 7 more
All recorded SBA lending activity for Synovus Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Georgia · Restaurants & Food Service · $150K – $350K | 7(a) | 27 | P+2.50% | $287K | Q4 2024 |
| Florida · Restaurants & Food Service · $150K – $350K | 7(a) | 23 | P+2.75% | $256K | Q3 2023 |
| Georgia · Restaurants & Food Service · $500K – $1M | 504 | 20 | — | $678K | Q1 2022 |
| Florida · Restaurants & Food Service · $500K – $1M | 7(a) | 18 | P+2.25% | $792K | Q1 2025 |
| Georgia · Restaurants & Food Service · $500K – $1M | 7(a) | 16 | P+2.00% | $762K | Q4 2025 |
| Florida · Restaurants & Food Service · Under $150K | 7(a) | 15 | P+2.50% | $88K | Q2 2022 |
| Georgia · Manufacturing · $1M – $2M | 7(a) | 14 | P+2.00% | $1.6M | Q4 2023 |
| Georgia · Wholesale Trade · $2M – $5M | 7(a) | 14 | P+0.63% | $3.8M | Q1 2025 |
| Florida · Manufacturing · $150K – $350K | 7(a) | 13 | P+2.75% | $309K | Q1 2020 |
| Georgia · Wholesale Trade · $500K – $1M | 7(a) | 13 | P+1.50% | $853K | Q4 2024 |
| Florida · Manufacturing · $1M – $2M | 7(a) | 12 | P+2.25% | $1.3M | Q4 2022 |
| Florida · Wholesale Trade · $2M – $5M | 7(a) | 12 | P+1.50% | $4.2M | Q4 2025 |
| Florida · Wholesale Trade · $1M – $2M | 7(a) | 11 | P+2.25% | $1.4M | Q2 2025 |
| Georgia · Manufacturing · $150K – $350K | 7(a) | 11 | P+1.75% | $285K | Q4 2023 |
| Florida · Restaurants & Food Service · $350K – $500K | 7(a) | 10 | P+2.38% | $433K | Q4 2025 |
| Georgia · Restaurants & Food Service · $350K – $500K | 7(a) | 10 | P+2.38% | $419K | Q3 2021 |
| Georgia · Manufacturing · $2M – $5M | 7(a) | 9 | P+1.75% | $4.0M | Q1 2024 |
| Georgia · Retail Trade · $150K – $350K | 7(a) | 9 | P+2.00% | $300K | Q4 2022 |
| Georgia · Administrative & Waste Services · $350K – $500K | 7(a) | 9 | P+2.25% | $421K | Q2 2024 |
| Georgia · Manufacturing · $500K – $1M | 7(a) | 9 | P+2.00% | $716K | Q1 2025 |
| Georgia · Specialty Trade Contractors · $1M – $2M | 7(a) | 9 | P+2.00% | $1.5M | Q1 2023 |
| Georgia · Wholesale Trade · $1M – $2M | 7(a) | 9 | P+1.50% | $1.6M | Q3 2021 |
| Florida · Administrative & Waste Services · $150K – $350K | 7(a) | 9 | P+2.25% | $219K | Q3 2022 |
| Georgia · Wholesale Trade · $150K – $350K | 7(a) | 9 | P+1.50% | $273K | Q4 2021 |
| Georgia · Specialty Trade Contractors · $500K – $1M | 7(a) | 8 | P+2.00% | $737K | Q3 2025 |
Get a free personalized report comparing this lender against the best matches for your specific situation.
Free. No broker fees. Results in 10-15 minutes.
Real experiences from borrowers who closed SBA loans with Synovus Bank.
No reviews yet. Be the first to review Synovus Bank.
Listen to acquisition entrepreneurs share their experience
Matched to real SBA lending records. LenderHawk is not affiliated with or endorsed by these podcasts.